Dumped your SHIB? No worries, whales are snapping up your Shiba Inu tokens
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So, not only has the amount of token movement skyrocketed, but it has also turned positive, meaning that the whales have become bullish and have started to accumulate. This is also reflected in the special inflow metric, which reached a staggering 2.67 trillion SHIB during the period under review, while outflows lagged slightly with a figure of 2.35 trillion SHIB.
What's behind the surge is definitely the price of the popular meme coin. Or, interest in it is rising. After breaking out of a six-month-long downtrend, the price of Since then, SHIB has undergone a complete correction, peaking yesterday with a loss of 19%, but buyers quickly bought this price imbalance and pushed it 6% higher. is seen as healthy as only a third of the September pump has been lost.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Sabai Protocol Partners with Victus Capital to Accelerate Tokenization of Real-World Assets
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