Crypto Blog
One such whale has been massively accumulating Shiba Inu tokens, spending 4,849 ETH, worth around $18.44 million, to purchase a whopping 715.9 billion SHIB over the span of just six hours.
The latest accumulation suggests the trader may be positioning for another speculative run on the popular meme coin after already achieving amazing gains. Amidst increasing accumulation, SHIB was trading at $0.000025, up by almost 9% over the past 24 hours.The Shiba Inu ecosystem has seen several significant developments that likely contributed to the token’s price surge. Shibarium, the Layer-2 scaling solution, made notableAdditionally, the Shibdentity initiative introduced a new digital identity era, while the Sheboshis NFT collection of 20,000 digital avatars launched on Ethereum.
The integration of the Shibaswap decentralized exchange with Shibarium also took place in May 2024, expanding the ecosystem’s capabilities and reach.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2025 Aston Martin Vantage First Drive Review: Big changes, big big powerGet in-depth info on the 2023 Aston Martin Vantage including prices, specs, reviews, options, safety and reliability ratings.
Read more »
'Bear Bets': Best bets and gambling guide for UFL Week 10'Bear Bets' is back! Chris 'The Bear' Fallica and Geoff Schwartz break down their favorite bets for the UFL Week 10 slate.
Read more »
'Bear Bets': Geoff Scwhartz's best bets and gambling guide for UFL Week 9'Bear Bets' is back and Geoff Schwartz is breaking down his favorite bets for the UFL Week 9 slate.
Read more »
This new weight loss drug ETF bets big on two of the industry's leading playersWhile Novo Nordisk and Eli Lilly have soared in the past year, Roundhill Investments sees bigger gains ahead for the GLP-1 drugmakers.
Read more »
WNBA bets and fantasy picks: Expect a big game from Arike OgunbowaleWhy Arike Ogunbowale might be primed for a big game and picking up Monique Billings be a good move.
Read more »
Domino's bets big on 'checkout charity,' with a $174 million pledge to St. JudeThe pizza chain has already raised more than $126 million for the children's hospital over the past two decades through its longstanding point-of-sales campaign.
Read more »