According to a recent announcement Shiba Inu Positive News as a, meme coin enthusiasts will not want to miss SXSW 2023 in Austin, Texas. However, it will feature an exclusive exhibit of SHIB: The Metaverse, a Shiba Inu themed metaverse project.A Shiba Inu Positive News is coming out from the Popular crypto tracking platform Whale Alert, which tracks down large crypto transactions, has spotted a staggering amount of the popular meme coin, SHIB, moved less than two hours ago. In the meantime, Shiba Inu has again become popular among crypto traders as its trading volume showed a massive rise a few hours ago.
3.373 trillion SHIB coins Moved To anonymous wallet
The aforementioned crypto tracker shared that one anonymous wallet moved a staggering 3,373,256,285,484 Shiba Inu to another address, also marked as “unknown” by Whale Alert. This amount of meme tokens is equal to $28,733,397 USD. No other data was provided, but this was likely either a whale relocating some of its crypto riches or a crypto exchange moving funds from one of its wallets to another.
SHIB Coin The Most Highly Traded Cryptos
WhaleStats on-chain wallet tracker has announced that Shiba Inu has gotten back on the top 10 list of coins with the highest trading volume today. SHIB now sits in eighth place on that list. Therefore, it is also among the top 10 most purchased and most actively sold cryptocurrencies.According to the website of this crypto data platform, popular meme coin Shiba Inu is now on the top 10 list of assets held by the largest 100 ETH wallet owners. SHIB occupies tenth place, with 55,597,380,454 SHIB being the average amount owned by each whale. On the whole, these investors in ETH and ERC20 tokens now hold $46,980,484 in Shiba Inu. This is 5,559,738,045,413 SHIB, or 1.98% of their comprised crypto portfolio.
Shiba Inu Positive News (Trading Volume Incresed 110%)
The trading volume, which refers to the total number of units moved between buyers and sellers, might be an indication of investor strategy, although this is not guaranteed. Thus, the increase in SHIB volume might be due to traders jumping into a volatile market to capture profits. Since touching lows of $0.0000079 on Dec. 28, SHIB has steadily climbed higher. The dog-themed cryptocurrency has gone ahead to mark five positive days out of six, with the rise yielding intraday highs of $0.0000088 on Dec. 5. Although a slight retreat has occurred, SHIB remains up 3.15% at $0.0000084.