Shiba

Rally

Davinci

Shiba Inu

Influencer

<ul class="news-points">
 <li>Shiba Inu (SHIB) has surged 11% in the past 24 hours.</li>
 <li>Significant whale transactions are driving SHIB’s price surge.</li>
 <li>Prominent crypto educator Davinci Jeremie continues to express confidence in SHIB.</li>
</ul>
Shiba Inu’s (SHIB) market trend has been positive year-to-date, with its current price levels matching those of early April. SHIB has risen 11% over the past intraday session, trading at $0.00002881. This figure represents a 7% weekly rally and a 17% increase month-to-date.
Shiba Inu’s rally is potentially influenced by several factors, including speculation about whale investors, who are reportedly focusing on Shiba Inu and Pepe (PEPE).
Lookonchain previously highlighted a whale movement from PEPE to SHIB. This whale investor initially held 1.97 trillion PEPE tokens, valued at over $6.07 million. After depositing them into Binance, the trader reportedly realized a profit of $3.49 million.
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 A smart whale deposited all 1.97T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a>($6.07M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> and made a profit of $3.49M. Then he changed his position from <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> to <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a>, withdrawing 75.9B <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a>($893K) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 3 hours ago.<a href="https://t.co/X67O2VjR1y" target="_blank" rel="noopener noreferrer nofollow">https://t.co/X67O2VjR1y</a> <a href="https://t.co/nL7rRDZCXT" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/nL7rRDZCXT</a>— Lookonchain (@lookon…
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The post <a href="https://coinedition.com/whale-transactions-and-influencer-hype-fuel-shiba-inus-recent-rally/" rel="noopener noreferrer nofollow">Whale Transactions and Influencer Hype Fuel Shiba Inu’s Recent Rally</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Whale Transactions and Influencer Hype Fuel Shiba Inu’s Recent Rally

Coin Edition

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