Shiba Inu, has experienced an extraordinary rise in on-chain transactions in the last 24 hours, gaining unprecedented momentum. This period saw a dramatic increase of up to 340% in on-chain activity. Data provided by IntoTheBlock reveals a sudden influx in significant transactions involving SHIB. This makes cryptocurrency a major focus of attention.
The volume of these significant transactions increased remarkably from 1.28 trillion to 4.35 trillion tokens. This marks a significant increase in USD value from $12.15 million to $41.37 million.
IntoTheBlock’s analysis, which focuses only on transactions exceeding $100,000, is particularly notable. Compared to the previous day, 34 such transactions were recorded, indicating a wide range of investors showing interest in Shiba Inu tokens.
Shiba Inu Price Review
Amidst this increase in Shiba Inu whale activity, attention naturally turns to SHIB’s price action. Currently trading at $0.0000096, SHIB remains very close to the $0.00001 level, marking an important milestone in its price trajectory.
Koinfinans.com Indeed, as we have reported, the recent surge has seen Bitcoin surpass the $50,000 threshold, potentially altcoin It is in line with broader market movements as it marks the beginning of the season. For SHIB enthusiasts eagerly waiting for a zero to be erased from its price, repeating the performance of the last 24 hours could be crucial.
Crypto As its world continues to evolve, all eyes are fixed on the extraordinary rise of the Shiba Inu token, which stands on the verge of a historic turning point that could redefine its trajectory in the market.
