Shiba Inu Whales and LEASH Listing
Shiba Inu, a popular meme coin, has recently gained attention in the crypto market due to significant whale activity. This activity coincided with a price increase for the token, creating speculation and interest among traders and investors worldwide.
Additionally, Shiba Inu’s lead developer, Shytoshi Kusama, highlighted the listing of the LEASH cryptocurrency on CoinRabbit, a fast-growing crypto exchange.
Whale Transfers 4 Trillion SHIB
Data from Whale Alert shows that a massive 4.23 trillion SHIB, worth $45.58 million, was transferred between unknown wallets. The transfer occurred on December 22, with one wallet sending the tokens to another.
This transfer coincided with CoinRabbit’s announcement of LEASH listing, adding to the intrigue within the Shiba crypto community.
Shiba Inu Price Increase
Currently, Shiba Inu’s price has seen a slight 0.32% increase over the past 24 hours and is trading at $0.00001067. The token has also experienced an 8.95% gain on its weekly chart and a 30.88% increase over the month.
Despite a brief dip in price, SHIB quickly regained its upward momentum, generating optimism among crypto enthusiasts. This recent price jump aligns with an increase in SHIB’s weekly burn rate, further sparking curiosity about the token.
Hot Take: Shiba Inu Continues to Capture Attention
The recent whale activity and LEASH listing have brought Shiba Inu into the spotlight once again. With significant transfers of SHIB tokens and positive price movements, this meme coin continues to attract interest and speculation in the crypto market. As Shiba Inu maintains its upward momentum, it remains a cryptocurrency to watch closely for potential future developments and opportunities.
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