A crypto whale moved $28.7 million worth of Shiba Inu which could be contributory to the dip in the price of the foremost memecoin . This is actually one of the things that are as a result of the crypto whale's fear of losing their digital Assets. If is highly important to hold the cryptocurrency if we expect an uptrend.
SHIB Whales moves huge amount of Shiba Inu
- Thread starter Reedex
- Start date
I currently still have around 500k SHIB but it's not worth it. It's my fault why a few years ago I didn't sell all SHIB, and there's no way I'm going to sell them when the crypto price drops a lot, I better keep them no matter what happens. and many predict that for the beginning of this year the price of SHIB will continue to decline.
- Thread starter
- #3
This is due to the fact that people are moving Shiba Inu and as a result, it is going to further cause the fall in the price of this foremost memecoin them coin.
Shiba inu has not shown a promising move over the time and it has not piqued the interest of crypto investor.
When talking of moving Shiba Inu, did he transfer from an exchange or wallet to another? If yes then I don't think it'll affect the price. Market has been dumping of recent. The price can be affected if he sold those tokens.
It is very correct that it is one of those things that causes the decline in the price of cryptocurrencies.
