4 Trillion Shiba Inu (SHIB) Moved to Binance, What's Happening?

Crypto data tracker Whale Alert has reported a massive four trillion SHIB move in recent hours. The move was specifically performed by an address tagged as "Shiba Staking" to a Binance wallet.

Timeline of Shiba-inu

Vitalik Buterin, the co-creator of Ethereum (CRYPTO: ETH), has pledged an additional $10 million to CryptoRelief, an India-focused coronavirus prevention initiative. What Happened: Buterin said in a tweet on Thursday that it was part of a $100 million tranche of donations.

The Shiba Inu (SHIB) token, inspired by Dogecoin, has been under the spotlight on the crypto market for its significant burn rate, which reportedly surpassed 50% growth recently. However, despite this surge, the effect on the token's value remains negligible due to the overall insignificance of the burned volume.

Shiba Inu (SHIB) has not been the beneficiary of the recent memecoin hype that took place in May. The second largest memecoin by market capitalization has been in a downtrend since reaching a local peak of $0.00001575 in February 2023.

Popular dog-themed meme asset and Dogecoin (DOGE) rival Shiba Inu (SHIB) is releasing a trailer for its much anticipated Rocket Pond metaverse. In a new announcement, the development team behind the memecoin has released a one-minute trailer showcasing Rocket Pond, the ecosystem's upcoming land-based metaverse.

SHIB lead Shytoshi Kusama has reacted to the latest progress made by the Shiba Inu ecosystem. Excitement was ignited in the Shiba Inu community after the SHIB metaverse made the big reveal of Rocket Pond.

In its latest blogpost, Shiba Inu team has announced the launch of its highly anticipated Rocket Hub, along with two captivating new destinations: Game Changer and Ryoshi Plaza. These groundbreaking additions are set to revolutionize the virtual landscape, and bring more visibility to $SHIB ecosysytem.

Shiba Inu (SHIB) has found itself in a challenging position as it grapples with a prolonged downward trend, reaching a critical support level that investors have anxiously awaited. The popular meme coin, known for its adorable dog-themed branding, has struggled to reverse its declining price trajectory in recent months.

Shiba Inu, the endearing canine-themed cryptocurrency that has taken the digital world by storm, represents the power of the crypto-dog revolution. If you're anxious to join the pack of Shiba Inu investors and embark on a thrilling voyage into the world of cryptocurrencies, eToro can be the right platform for you.

Shiba Inu (SHIB) has been experiencing a sustained downtrend, coinciding with the broader weakening of the market in recent times. In the past 24 hours, the meme-coin has seen a decline of nearly 4% on its chart.

Shiba Inu (SHIB) appears to be refueling its engines following a recent downturn. As the crypto community collectively holds its breath, the dog-inspired cryptocurrency could skyrocket to major highs sooner than expected.