The Shiba Inu (SHIB) was featured with metaverse projects in a Forbes tech article published today. This development is accompanied by hefty whale purchases and the new Web3 event.
Shiba Inu featured in Forbes tech article
Forbes featured Shiba in a tech article today. Post by Metaverse Consultant and AR writer Charlie Fink highlighted the debut of the WAGMI Temple metaverse hub at the SXSW festival in March.
Shiba Inu lead developer Shytoshi Kusama shared his Forbes article with SHIB hashtags.
Whales buy over $260M SHIB
According to a recent on-chain report from crypto analytics firm Santiment, more than 24 trillion SHIB have been transferred from Crypto.com to a personal wallet. The loaded transfer was worth $269.59 million, making the sent wallet the fourth largest SHIB whale.
This has also led to an increase in Shiba Inu’s trading activity and SHIB trading volume has re-entered the top 10 among 2000 ETH whales in the last 24 hours, according to WhaleStats.
In another whale transfer, ‘Kvothe’, the 232nd largest whale on the Ethereum network, made the week’s biggest transaction worth $9.61 million. Whale bought 899.99 billion SHIB in total. Relatively smaller transactions of the day include the $1.28 million SHIB transfer. This investor, the 254th largest ETH whale, withdrew 122.04 billion SHIB tokens to his wallet on March 20.
Efforts to burn Shiba Inu tokens continue unabated
Token burn events, seen as one of the main catalysts of the SHIB price rally, have accelerated in recent days. More than 2.07 billion Shiba Inu (SHIB) have been burned in one week and 15.24 million in the last 24 hours. The Shiba community made a big move last week by setting fire to a staggering 2,072,114,690 (2.07 billion) SHIB in 290 separate transactions.
KoyoToken, a recently launched project, has fitted 4.6 billion Shiba Inu in the last 10 days, according to data provided by Shibburn. This huge backing came immediately after the heated debate over the issue, and several fans were skeptical of the development.
Responding to these questions, Shibburn announced that it burned tokens using KoyoToken’s burning portal. Evidence of burned tokens can emerge from the number of burned SHIBs that the KoyoToken address holds.
Shiba Inu will perform at major Web3 event
Shiba Inu’s Metaverse Advisor, Marcie Jastrow, is attending this year’s Outer Edge Los Angeles (LA) event, which kicks off next Monday. Jastrow will join numerous other Web3 and crypto industry players as a respected speaker at the crypto-focused event.
cryptocoin.comAs you follow, Shiba Inu has been on the agenda for a while with rumors that the highly anticipated Shibarium is a replica. The Shiba team soon admitted to the allegations.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.