Cryptocurrency

Shiba Inu

Trillion

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<p lang="en-GB" xml:lang="en-GB">Cryptocurrency tracker Whale Alert has spotted a staggering chunk of Shiba Inu shifted over the past 24 hours. The transaction carried several trillion SHIB worth nearly $40 million.</p> 
<p>In the meantime, the second most popular canine cryptocurrency, Shiba Inu, began growing and has shown an impressive rise within the last 24 hours.</p> 
<h2 id="whale-shifts-close-to-five-trillion-shib">Whale shifts close to five trillion SHIB</h2> 
<p>According to the above-mentioned tracking platform, a total of <a href="https://u.today/massive-shiba-inu-shib-whale-born-after-46-trillion-transfer" rel="noopener noreferrer nofollow">4,627,778,173,637 SHIB was shifted</a>. The curious thing here is that the transfer was conducted between two wallets that were set up just recently. The sending wallet has just a few transactions performed within the last one and a half days and nothing before it.</p> 
<p>The wallet that received the 4.6 trillion SHIB, seems to be brand new as this is the only transfer to it. Thus, one may say that a new Shiba Inu whale has been born.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">🚨 🚨 4,627,778,173,637 <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> (36,952,808 USD) transferred from unknown wallet to unknown wallet<a href="https://t.co/Q61yBD92n6" rel="noopener noreferrer nofollow">https://t.co/Q61yBD92n6</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1693927383798071535?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 22, 2023</a> 
</blockquote> 
<p>Earlier this week, however, and last week too, <a href="https://u.today/46-trillion-shib-moved-to-mysterious-new-wallet-by-anon-whale-born-yesterday" rel="noopener noreferrer nofollow">several SHIB lumps of similar size</a> were transferred to new wallets as well. One of them was withdrawn from the Bitvavo crypto exchange, however.</p> 
<h2 id="nearly-100-million-shib-burned">Nearly 100 million SHIB burned</h2> 
<p>According to data provided by the Shibburn wallet tracker, the SHIB burn rate has dropped by 90% over the span of the last 24 hours. Still, the Shiba Inu community succeeded in burning 102,973,224 SHIB.</p> 
<p>This was achieved after 17 transfers of Shiba Inu coins to unspendable wallets, with the biggest transfers moving 18,507,183 SHIB; 15,735,793 SHIB; 13,999,721 SHIB and 11,888,836 SHIB.</p> 
<p>On Aug. 22, the SHIB army managed to burn more than one billion Shiba Inu, with the burn rate pushed up by 1,000%, as reported by U.Today. That was almost half of what has so far been burned over the last week; 1,984,511,125 SHIB has been destroyed within seven days overall.</p> 
<p>Meanwhile, since yesterday, SHIB has demonstrated a rise of 6.40% after declining by 27% since last Tuesday.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">HOURLY SHIB UPDATE<a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> Price: $0.00000823 (1hr 0.68% ▲ | 24hr 3.22% ▲ )Market Cap: $4,862,021,363 (3.56% ▲)Total Supply: 589,343,179,003,499TOKENS BURNTPast 24Hrs: 102,973,224 (-90% ▼)Past 7 Days: 1,984,511,125 (-50.98% ▼)</p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1694258223174307897?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 23, 2023</a> 
</blockquote> 
<h2 lang="en-GB" xml:lang="en-GB" id="tangem-offers-new-batch-of-shib-wallets">Tangem offers new batch of SHIB wallets</h2> 
<p>According to an earlier U.Today report, the Swiss producer of cold cryptocurrency wallets Tangem, which partnered with SHIB earlier this year, announced that it had produced a new batch of SHIB wallets that are ready to be sold.</p> 
<p>This is the second batch; the first was delivered to Hong Kong last month and sold to the crypto community – 5,000 wallets enabling its owners to hold and trade more than 6,000 crypto, including SHIB. The wall is in the size of a bank card and requires a smartphone connected to it to transact.</p>

4.6 Trillion SHIB Moved Between Two New Wallets as SHIB Begins to Recover

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