Cryptocurrency whales are heading towards $SHIB ❤️🔥❤️🔥
Shiba Inu, a meme coin that has been the talk of the crypto community recently. There is great interest among participants in the cryptocurrency market, as its community recorded the burning of 1.69 billion pills during the past month. This massive amount of memes generated mixed feelings among investors, with SHIB explaining the declining price trajectory in April.
Cryptocurrency market participants are speculating about the possible price movement of the meme coin in the future, as the huge amount of coins burned confirms the positive sentiment despite the downward movement of the meme coin. The broader cryptocurrency market has faced increasing turmoil following Bitcoin halving, with SHIB also bearing the brunt, falling bearish in recent days.
Shiba Inu Sees Billions Burned Out of Cryptocurrency According to Shibburn tracker data, 1.69 billion SHIB were observed being burned in April. With 204 transactions recorded in total. The majority of these tokens were sent to contract addresses. This caused a stir within the Shiba cryptocurrency community.
Whales also bought a huge number of this currency,🤑💪 $SHIB