Shiba Inu (SHIB) News: It was Shiba Inu (SHIB) that recently led the memecoin rally as the burn rate increased. There is a lot of expectations on the cryptocurrency’s layer 2 Shibarium project among the SHIB community. In this context, there may be rise in trading activity for the memecoin. In this context, SHIB whales are also focused on accumulating or maximizing returns from their assets.
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In the last few days, even Binance appears to have placed its bets on the top 2 memecoin. As per Whale Alert data, the crypto exchange had earlier in the week transferred a whopping 4 trillion SHIB to an unknown wallet.
“4,000,000,000,000 SHIB ($34,736,666) transferred from Binance to unknown wallet.”
SHIB Whale Activity Picks Up
In addition, a latest alert showed that a massive transfer of SHIB occurred between unknown wallets. The memecoin is currently ranked 16 based on market cap while Dogecoin (DOGE) holds
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