Shiba

Band Protocol

Dogecoin

TRON

Shiba Inu

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 <p>According to SpotonChain, <a rel="noopener noreferrer nofollow" title="Justin Sun" href="https://thebittimes.com/tag/justin-sun.html">Justin Sun</a>, the founder of TRON (TRX), withdrew $3.54 million worth of assets from Binance. The assets include Shiba Inu (SHIB), Floki Inu (FLOKI), Decetraland (MANA), and Band Protocol (BAND). The crypto <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> firm also notes that Sun withdrew $5.22 million worth of SHIB from Binance only a month ago, on Dec. 19, 2023.</p>
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    <p lang="en" dir="ltr">Wallet 0x9fcc linked to @justinsuntron withdrew $3.54M worth of 5 assets, including $LINK, $FLOKI, $MANA, $SHIB, and $BAND, from #Binance ~14hrs ago.<br><br>Note that <a rel="noopener noreferrer nofollow" title="Justin Sun" href="https://thebittimes.com/tag/justin-sun.html">Justin Sun</a> also recently withdrew 500B $SHIB (then $5.22M) from #Binance on Dec 19, 2023 via another address.<br><br>For more… https://t.co/4VwkFiyZ9V pic.twitter.com/GWU1hStBzm</p>— Spot On Chain (@spotonchain) January 18, 2024
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 <p>The movement of assets away from exchanges is a bullish development, as it could mean the investor anticipates prices to rise. Moreover, moving assets away from exchanges also reduces sell pressure on the market.</p>
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 <p><strong>Also Read: Shiba Inu or XRP: Which Asset Can Deliver Good Profits in 2024?</strong></p>
 <p>Sun may be bullish on Shiba Inu (SHIB), as he has transferred over $5 million worth of tokens from exchanges.</p>
 <h3 class="wp-block-heading" id="h-will-shiba-inu-shib-rally-following-justin-sun-s-transfer">Will Shiba Inu (SHIB) rally following Justin Sun’s transfer?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="585" src="https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp" alt="Shiba Inu: What Happens If 90% of SHIB Tokens Are Burned?" class="wp-image-123118" srcset="https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 1024w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 300w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 768w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 1536w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 380w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 550w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 800w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 1160w, https://cdn.thebittimes.com/images/2024/01/19/e5400d32f31c5aa55d06fc2b9ab5bac6.webp 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p>Although the movement of tokens away from exchanges is bullish, SHIB does not show any bullish movements. The asset is down by 5.5% in the weekly charts and over 9% since the last month. Moreover, since January 2023, SHIB’s price has fallen by over 23%.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="838" src="https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp" alt class="wp-image-125279" srcset="https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 1024w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 300w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 768w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 1536w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 380w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 550w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 800w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 1160w, https://cdn.thebittimes.com/images/2024/01/19/04bed1a6956924f695351b6adb0b3eaa.webp 1656w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p>Shiba Inu’s (SHIB) price has struggled throughout 2023, while other assets, such as Solana (SOL) and Bitcoin (BTC), rallied by triple digits. Even SHIB’s rival, Dogecoin (DOGE), had a lackluster year in 2023. Other memecoins, such as Pepe (PEPE) and Bonk (BONK), instead took the memecoin spotlight in 2023.</p>
 <p><strong>Also Read: Shiba Inu $0.001 Dream: Investment Insights for $1M, $9M Gains</strong>.</p>
 <p>Nonetheless, Sun’s SHIB transfers are a testament to the memecoin’s popularity.</p>
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 <p>Moreover, investors are hopeful that SHIB’s tide will change this year. The project may see a surge in adoption as more applications come into the SHIB ecosystem via the Shiabrium layer-2 network. Moreover, if we enter a bull run later this year, SHIB’s price may skyrocket to its 2021 peak of $0.00008616.</p>
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  <li>Justin Sun</li>
  <li>shib</li>
  <li>shiba inu</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-justin-sun-invested-3-5-million-in-shib-link-others-tbt77044.html">https://thebittimes.com/shiba-inu-justin-sun-invested-3-5-million-in-shib-link-others-tbt77044.html</a></p>

Shiba Inu: Justin Sun Invested $3.5 Million in SHIB, LINK, & Others

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