Inu.

Based

Shiba Inu

Trillion

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SHIB enthusiast @CryptoLollla has issued a post to spread the word about the massive <a href="https://u.today/shiba-inu-lead-shytoshi-kusama-throws-shade-at-elon-musks-x" rel="noopener noreferrer nofollow">Shiba Inu bags</a> held by the popular investment app Robinhood. 
According to the data by the analytics platform <a href="https://platform.arkhamintelligence.com/explorer/address/0x40B38765696e3d5d8d9d834D8AaD4bB6e418E489" rel="noopener noreferrer nofollow">Arkhaim, Robinhood holds</a> a whopping 20 trillion Shiba Inu meme coins in its wallet among other cryptocurrencies that its vast portfolio contains. 
@CryptoLollla also shared a screenshot showing the major investors of Robinhood, who bought its stocks, which means that they indirectly approved of holding the 20 trillion SHIB. 
The Shiba Inu bag is the biggest Robinhood holds in its portfolio. For comparison, it also has the trendy meme coin PEPE but only 2 million of it. 
Based on this data about 20 trillion SHIB held by Robinhood, @CryptoLollla expects the next bull run for Shiba Inu to be “euphoric”. 
<blockquote class="twitter-tweet"> 
 Robinhood got 20 Trillion <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a>Why oh Why oh Why 👀and these are the major stockholders of Robinhood who agreed to purchase 20 Trillion Shiba INU 👇 The bullrun is going to be sooooo Euphoric <a href="https://twitter.com/hashtag/SHIBARMY?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIBARMY</a> 😍😍😍 <a href="https://twitter.com/hashtag/SummerOfShibarium?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SummerOfShibarium</a> <a href="https://twitter.com/hashtag/SHIBARMYSTRONG?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIBARMYSTRONG</a> <a href="https://twitter.com/hashtag/Shibarium?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Shibarium</a> <a href="https://t.co/AGI46VA1Cl" rel="noopener noreferrer nofollow">pic.twitter.com/AGI46VA1Cl</a>— Lola (@CryptoLollla) <a href="https://twitter.com/CryptoLollla/status/1689487784011329536?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 10, 2023</a> 
</blockquote> 
<h2 id="robinhood-holds-38-billion-doge-expanding-its-bags">Robinhood holds 38 billion DOGE, expanding its bags</h2> 
According to dogecoinwhalealer, <a href="https://dogecoinwhalealert.com/" rel="noopener noreferrer nofollow">Robinhood now stores 27.38%</a> of the circulating <a href="https://u.today/1-billion-in-doge-grabbed-by-robinhood-customers-holdings-show-1116-rise" rel="noopener noreferrer nofollow">DOGE supply</a> on behalf of its customers in ten wallet addresses. 
This constitutes a staggering 38,317,905,514 DOGE worth $2,536,338,802. This is a more than 11% rise since the end of May this year when Robinhood held 16.23% of Dogecoin in circulation. 
<h2 id="shib-burn-activity-rises">SHIB burn activity rises</h2> 
According to the Shibburn explorer, the burn rate of SHIB shows a significant rise over the span of the past 24 hours. Over that period of time, the joint efforts of the Shiba Inu community have moved 67,078,866 SHIB tokens to dead-end wallets in total. 
The largest transfer here contained 17,792,950 Shiba Inu and was made roughly eight hours ago by an anonymous cryptocurrency whale. 12,750,062 SHIB was the second biggest one, burned just a few minutes ago. 
Regular burns help to reduce the circulating supply of <a href="https://u.today/shiba-inu-developer-activity-boosts-shib-by-25-as-network-grows-on-chain-data" rel="noopener noreferrer nofollow">Shiba Inu</a>, thus making it more scarce in the long run. So far, based on the data shared by Shibburn, a total of 410,652,850,576,234 SHIB have been removed from the circulating supply. 
579,302,819,630,867 SHIB are still circulating out there in the crypto market. 
<blockquote class="twitter-tweet"> 
 In the past 24 hours, there have been a total of 67,078,866 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> tokens burned and 20 transactions. Visit <a href="https://t.co/t0eRMnyZel" rel="noopener noreferrer nofollow">https://t.co/t0eRMnyZel</a> to view the overall total of <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> tokens burned, circulating supply, and more. <a href="https://t.co/p3bAYs890a" rel="noopener noreferrer nofollow">pic.twitter.com/p3bAYs890a</a>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1689487000963784704?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 10, 2023</a> 
</blockquote>

20 Trillion SHIB Held by Robinhood, Bull Run Will Be Euphoric: Big Shiba Inu Enthusiast

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