Shiba Inu Witnesses Epic 3,257% On-Chain Spike as SHIB Price About to Erase Zero

Shiba Inu (SHIB) turning heads with substantial 3,257% on-chain surge, bringing it closer to surpassing $0.00001 mark.

In a surprising development, the Shiba Inu token (SHIB) has experienced a significant on-chain surge, as reported by blockchain analytics platform IntoTheBlock. 

Large transactions, valued at $100,000 or more, have witnessed an extraordinary 3,257% spike within the last 24 hours.

Whale transactions involving SHIB have surged by $35.05 million, rising from $1.11 million to an impressive $36.16 million. This surge led to the exchange of four trillion SHIB tokens, reminiscent of a similar on-chain surge observed on Nov. 22, with whale transactions reaching a value of $51.71 million.

Simultaneously, the SHIB price has seen a noteworthy 9.3% increase. After consolidating within a critical price range, with the upper boundary at $0.0000084, SHIB is currently valued at $0.0000092. The token is now on the brink of surpassing the #shibawhale #ShibaInuUpdate #ShibaSurge #Shibaprice #CryptoScoop

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