CandleFocus 2.23 Trillion SHIB in 24 Hours: Shiba Inu Price Still in Red
2024-10-26
Author: Content Editor
In the last 24 hours, Shiba Inu, a dog-themed cryptocurrency, recorded a large transaction volume of 2.23 trillion SHIB, indicating significant whale activity. Despite this, the price of Shiba Inu remains in the red, reflecting market volatility. The broader cryptocurrency market has also experienced losses following reports of a US investigation into stablecoin issuer Tether. The increase in large transaction volume suggests that whales may be actively buying or selling SHIB, potentially preparing for future market shifts. ShibaSwap, the decentralized exchange for Shiba Inu, has undergone a major upgrade, introducing new features such as a new rewards structure, smart swap, easy migration, and concentrated liquidity pools. These enhancements aim to provide users with greater flexibility, efficiency, and potential rewards.
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