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Stay updated with the latest in the crypto world through U.Today's top stories from the past day:
1. Massive DOGE Withdrawal Shocks Binance
A jaw-dropping 4,999,999,999 DOGE, valued at over $2 billion, was withdrawn from Binance, the world’s largest crypto exchange by trading volume, according to Whale Alert. The transaction, involving multiple smaller transfers to a wallet ending in "AguBr5," left the wallet holding 5,565,060,612 DOGE, worth approximately $2.2 billion. This unprecedented withdrawal has sent shockwaves through the DOGE community, sparking theories about its origin. Some speculate it could be an internal Binance transfer, though blockchain data provides no confirmation.
2. Shiba Inu Nears Critical 13 Trillion SHIB Support Level
Shiba Inu (SHIB) is approaching a significant support zone of 13 trillion SHIB, a level crucial for halting further declines and potentially triggering a rally. The coin’s price has struggled to stay above $0.00002800, signaling waning bullish momentum. If the price breaches this support, SHIB may fall to the next critical levels of $0.00002249 or $0.00002031. A drop in trading volume further highlights diminished market interest, making a short-term recovery challenging. However, if the 13 trillion SHIB level holds, a relief rally toward $0.00003000 could emerge, reviving investor optimism.