The world of cryptocurrencies witnessed a remarkable event, as 4 trillion Shiba Inu coins were transferred, worth more than $99 million, in an anonymous deal that sparked a great deal of controversy among Shiba investors and outside them.
Whale Alert was able to capture this massive operation, which opened the door to many speculations: Is it a strategic move by a large whale? Or are we about to see a bigger event looming? 🐋💰
SHIB value surges!
After a slight decline over the past few days, Shiba has made a strong comeback, posting a 6.28% rise, turning from negative to promising gains! 📈 Analysts expect the upward trend to continue, especially with the emergence of the golden cross pattern, which is considered a positive sign in the markets. ⚡
Jump in your burning rate! 🔥
The SHIB burn rate has seen a significant increase of 114%, with 16 million SHIB sent to an unusable wallet. This collective effort has resulted in over 410 trillion SHIB being burned so far, furthering the goal of reducing supply and increasing future value.
👉 Stay tuned for $SHIB's movements
Currently, the coin price is at 0.00002379 with a slight decrease of -4.22%, but the market is still waiting for the impact of the massive deal. Will this event be a springboard for further gains? Only time will tell ⏳
