{"id":496825,"date":"2022-07-27T13:00:47","date_gmt":"2022-07-27T13:00:47","guid":{"rendered":"https:\/\/uniquehot.com\/?p=496825"},"modified":"2024-06-11T07:51:25","modified_gmt":"2024-06-11T07:51:25","slug":"shiba-inu-whales-trading-volume-up-640","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-whales-trading-volume-up-640\/","title":{"rendered":"Shiba Inu Whales Trading Volume Surges 640% As SHIB Holds Critical Support"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Shiba Inu whales&#8217; trading volume skyrocketed by 640% as seen in the coin\u2019s 24-hour trading volume. An increased buying or selling activity among whales has peaked by 61%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Large transactions that spiked to 57.41% were noted in active addresses of SHIB holders as seen in the past 24 hours. SHIB value surged by 3.06% which comes with Shiba Inu reverting to the key support level of 0.00001.<\/span><\/p>\n<p style=\"text-align: center\"><strong><em>Related Reading | <a href=\"https:\/\/uniquehot.com\/news\/cardano-joins-the-red-screen-how-ada-fell-to-0-45-over-last-24-hours\/\">Cardano Joins The Red Screen \u2013 How ADA Fell To $0.45 Over Last 24 Hours<\/a><\/em><\/strong><\/p>\n<h2><b>SHIB Trading Volume Down 7.48%<\/b><\/h2>\n<p><span style=\"font-weight: 400\">As of press time, Shiba Inu is trading at $0.00001044 which has dropped by 7.48% as seen overnight and plunged by 12.84% in a weekly perspective. Bitcoin\u2019s movement and other altcoins also negatively impacted the Federal Reserve regulatory issues concerning the crypto market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">So far, Shiba Inu is considered the largest token among all ETH whales. The Top 1,000 ETH whales are currently hodling over $641,196,371 of SHIB.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For two weeks, SHIB&#8217;s price has been bullish but it\u2019s now in a muddle. The bullish streak started on July 12 which gave SHIB a push by 34% before the price nosedived.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, SHIB has slumped by 2% which is an extension of its bullish streak yesterday at 7%.<\/span><\/p>\n<h2><b>Will Shiba Inu Retrace And Go Bullish?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The surge in SHIB prices was triggered by news that it will launch a new metaverse collectible card game called SHIBA Collectible Card Game which is in collaboration with TREAT. More so, there are also reports that the meme coin is set to introduce SHI, a stablecoin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Recently, Shiba Inu launched the SHIB Burn Visa Card which is described to be the first-of-its-kind card that burns SHIB while making transactions. The announcement was posted via a video teaser on Twitter with the caption, &#8220;Make Payments, Burn SHIB.&#8221;<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/mzHjM9qS\/\" width=\"1825\" height=\"871\"><\/p>\n<pre style=\"text-align: center\">SHIB total market cap at $5.8 billion on the daily chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<p style=\"text-align: center\"><strong><em>Suggested Reading |\u00a0<a href=\"https:\/\/uniquehot.com\/news\/tron-bulls-back-to-boost-trx\/\">TRON Bulls Are Back To Pump Some Energy Into TRX Coin<\/a><\/em><\/strong><\/p>\n<p><span style=\"font-weight: 400\">More so, Printful, a U.S. printing company, has started accepting SHIB payments and also other cryptocurrencies via BitPay.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SHIB price was able to break through the resistance zone of $0.0000125. But, the prices have retraced almost immediately as it trades below the resistance level. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Subsequently, SHIB prices have continued to dwindle and gone bearish with today\u2019s drop of 2%. The trend shows that the coin price will likely continue to decline. The daily chart also shows that SHIB prices will continue to drop in the coming trading sessions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SHIB price is predicted to continuously decline and hit the bottom price of $0.0000095. Still, if the price retraces and hovers above $0.0000116, then SHIB may perform better.<\/span><\/p>\n<pre style=\"text-align: center\">Featured image from CNTraveler, chart from <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu whales&#8217; trading volume skyrocketed by 640% as seen in the coin\u2019s 24-hour trading volume. An increased buying or selling activity among whales has peaked by 61%. Large transactions that spiked to 57.41% were noted in active addresses of SHIB holders as seen in the past 24 hours. SHIB value surged by 3.06% which comes with Shiba Inu reverting to the key support level of 0.00001. Related Reading | Cardano Joins The Red Screen \u2013 How ADA Fell To $0.45 Over Last 24 Hours SHIB Trading Volume Down 7.48% As of press time, Shiba Inu is trading at $0.00001044 which has dropped by 7.48% as seen overnight and plunged by 12.84% in a weekly perspective. Bitcoin\u2019s movement and other altcoins also negatively impacted the Federal Reserve regulatory issues concerning the crypto market. So far, Shiba Inu is considered the largest token among all ETH whales. The Top 1,000 ETH whales are currently hodling over $641,196,371 of SHIB. For two weeks, SHIB&#8217;s price has been bullish but it\u2019s now in a muddle. The bullish streak started on July 12 which gave SHIB a push by 34% before the price nosedived.\u00a0\u00a0 Currently, SHIB has slumped by 2% which is an extension of its bullish streak yesterday at 7%. Will Shiba Inu Retrace And Go Bullish? The surge in SHIB prices was triggered by news that it will launch a new metaverse collectible card game called SHIBA Collectible Card Game which is in collaboration with TREAT. More so, there are also reports that the meme coin is set to introduce SHI, a stablecoin. Recently, Shiba Inu launched the SHIB Burn Visa Card which is described to be the first-of-its-kind card that burns SHIB while making transactions. The announcement was posted via a video teaser on Twitter with the caption, &#8220;Make Payments, Burn SHIB.&#8221; SHIB total market cap at $5.8 billion on the daily chart | Source: TradingView.com Suggested Reading |\u00a0TRON Bulls Are Back To Pump Some Energy Into TRX Coin More so, Printful, a U.S. printing company, has started accepting SHIB payments and also other cryptocurrencies via BitPay. SHIB price was able to break through the resistance zone of $0.0000125. But, the prices have retraced almost immediately as it trades below the resistance level. Subsequently, SHIB prices have continued to dwindle and gone bearish with today\u2019s drop of 2%. The trend shows that the coin price will likely continue to decline. The daily chart also shows that SHIB prices will continue to drop in the coming trading sessions. SHIB price is predicted to continuously decline and hit the bottom price of $0.0000095. Still, if the price retraces and hovers above $0.0000116, then SHIB may perform better. Featured image from CNTraveler, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":496840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[1144,65296,8686,83668,84473,83667],"class_list":["post-496825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-btcusd","tag-ethbtc","tag-ethusd","tag-shib","tag-shib-price","tag-shiba-inu"],"acf":[],"yoast_head":"\n<title>Shiba Inu Whales Trading Volume Surges 640% As SHIB Holds Critical Support<\/title>\n<meta name=\"description\" content=\"Shiba Inu whales&#039; trading volume skyrocketed by 640% as seen in the coin\u2019s 24-hour trading volume. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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