Sensational: 21 billion Shiba Inu (SHIB) in 24 hours! All records broken
The cryptocurrency market shook as it recorded a staggering 21 billion Shiba Inu (SHIB) tokens in just 24 hours, breaking all previous records. This phenomenon has generated intense debate among analysts and investors about the factors that could be behind this massive movement.
A historic day for SHIB
Shiba Inu has always been a hot topic in the crypto world, but this recent surge in activity is unprecedented. With 21 billion SHIB traded in a single day, this meme-based coin once again demonstrates its relevance and appeal in the market.
A large part of this increase is attributed to the activity of cryptocurrency “whales”, those investors who hold gigantic amounts of SHIB. This behavior could be indicating a significant change in market dynamics.
Key Movement Data
Record Transactions: On the busiest day, 98 large SHIB transactions were recorded, although in the last 24 hours the number has reached 47.
Fluctuating Volume: On September 9, the total transaction volume reached 3.21 trillion #SHIB , while on September 7 it was 645 billion.
These massive movements suggest that whales may be accumulating or liquidating #SHIB in large quantities, something that has historically influenced the price of the asset.
What does this mean for the price of #SHIB ?
Unusual activity usually precedes significant movements in cryptocurrency prices. In the case of Shiba Inu, analysts are closely watching support and resistance levels, as any breakout could trigger a major change in its value.
What should you do?
If you are an investor or are thinking about getting into crypto, this could be a crucial time to analyze the market. Stay informed and follow the news on #SHIB closely to make data-driven decisions.
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