Shiba Inu (SHIB) Shares Winning Tweet After 30% Price Jump: Details

Shiba Inu (SHIB) exciting tweet follows 30% price increase SHIB $SHIB ShibArmy SHIBCommunity

The optimism around the upcoming Shibarium also seems to have contributed to its fundamentals, as Bone ShibaSwap also made a near 40% jump on Feb. 4.

Shibarium builder Unification shared progress on the Layer 2 solution, saying that"although the public beta network is yet to be deployed, that day is rapidly moving ever closer."Likewise, whales or large holders might have contributed to the surge in price. According to data, large transactions, defined as those that exceed $100,000, increased by a staggering 472%, which is the highest increase in recent weeks or even months.

Large transactions frequently act as a proxy for whale behavior, which may be buying or selling. A massive increase in this metric may suggest extremely active whales. In the past 24 hours, there have been a total of 13,518,918 SHIB tokens burned and nine transactions, as the SHIB burn rate is just up 67%, according to the

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