Shiba Inu seeing positive net flow spike as price jumps 5%
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In the case of Shiba Inu, accumulation from large holders may be the primary factor, since a recent unexpected statement by Ethereum cofounder Vitalik Buterin about Shiba Inu massively surpassing his expectations may have influenced whales positively. Yesterday saw a massive two trillion SHIB move from the KuCoin exchange to, probably, cold storage in the wake of the current regulatory crackdown that befell the exchange and two of its founders.Shiba Inu news
The Damn team recently torched over 6,627.74 Wrapped BONE and 77,386,493 SolKiller DAMN, according to the latest issue ofShiba Inu layer 2 Shibarium has recently seen a huge increase in its total value locked. According to data from DeFi TVL aggregate DefiLlama, Shiba Inu's TVL is currently $3.72 million after hitting $3.9 million on March 26. This milestone represents a level of liquidity not seen since the platform's initial launch last August.
Shiba Inu partner ZAMA, a pioneer in the field of homomorphic encryption , has proposed a radical solution: HTTPZ, a new internet protocol that would ensure end-to-end encryption by default. The innovation would secure users' data until it reaches its destination, radically altering online interactions.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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