In the present market environment, comparisons between Bitcoin (BTC), the flagship digital currency, and gold continue to be made as traders and investors hunt for a hedge against inflation and a safe-haven asset amid escalating geopolitical tensions. When comparing the performance of a $1 outlay in Bitcoin 5 years ago with a $1 investment in …
Whale Investors’ Hunger for Shiba Inu Continues as Another 47.7 Billion SHIBs Bought. With the price of all cryptocurrencies crashing below expectations, major whale traders are seizing the opportunity presented by the most recent crash to increase their holding. A development supporting this theory is an Ethereum whale who recently bought many Shiba Inu (SHIB) tokens. …
Data from behavioral analytics firm Santiment suggests Shiba Inu whales are behind every one of the price pumps since $SHIB first took off this month. By overlaying price with transaction counts greater than $100,000, they noted spiking transaction counts (over $100,000) were followed by increases in the price of $SHIB. “But keep an eye on …
Data: Shiba Inu (SHIB) whales are responsible for 300% price jump Read More »
