Posted 4/4/2024, 9:42:57 PM
Shiba Inu Price Spikes 6% as Whales Accumulate, Social Interest Builds
- Shiba Inu price bounces 6% to near $0.00003 amid uptick in daily transactions and large holder net flow
- Data shows 1,058% explosion in SHIB large holder net flow, indicating increased buying by whales
- On-chain data reveals $4.9M worth of SHIB moved by 3 fresh wallets withdrawing from exchanges
- Social metrics signaling bullish momentum for SHIB, with rising activity, prices, volume and altcoin rank
- SHIB up 6% over 24 hrs but trading volume down 18.3%; meme coin topics to be explored at upcoming crypto event