The Singapore crypto exchange Crypto.com has experienced an unusual movement of Shiba Inu (SHIB) tokens to anonymous wallets. A total of 818,460,000,000 SHIB worth $39,038,563 were transferred in multiple transactions. This accumulation of tokens from an exchange often indicates a potential price surge in the future. Despite the recent rally in the price of SHIB, these transactions suggest strong confidence in the token's prospects. Shiba Inu has also seen high-volume trading on other exchanges like Binance and currently holds the second-largest market capitalization of $14.16 billion. Analysts remain optimistic about SHIB's future and expect it to surge higher.
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