Trillions of SHIB on Move as Price Faces Big Rise, Here's Important Nuance

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Trillions of SHIB on Move as Price Faces Big Rise, Here's Important Nuance
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Recent transfer of several trillion Shiba Inu has corresponded with SHIB price surge by nearly 5%

Prominent blockchain sleuth platform Whale Alert, which tracks down massive crypto transfers, has posted a tweet, sharing the details of an astoundingThis transfer took place approximately 2.5 hours ago, according to the aforementioned source. This is not the only SHIB transfer that big that the crypto community has witnessed this week. On Oct.

Over the span of the last 24 hours, SHIB has shown an impressive price increase of 4.73% as it rose from the $0.00000669 level to $0.00000701. A small decline followed, taking SHIB down less than 1%.

According to figures shared by the Shibburn explorer, despite the impressive rise of the SHIB price, within the last 24 hours, thewent down by more than 50%. With this low burn rate, less than 40,000,000 Shiba Inu tokens have so far been sent to dead-end blockchain addresses.

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