Shiba Inu

<ul><li>Shiba Inu tokens have experienced a weekly surge in volume as large buyers dominated the market.</li><li>Influential investors purchased over 10.25 trillion SHIB in a week.</li></ul><a href="https://thenewscrypto.com/tag/shiba-inu/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a>, the second largest memecoin, witnessed a surge in volume as large buyers took center stage, outpacing the selling pressure. In the past week, bulls marked an extraordinary milestone, with the volume of purchases by influential investors surpassing a staggering 10.25 trillion SHIB. On the contrary, the sales executed by the big bears fell short by 250 billion SHIB.The cryptocurrency intelligence agency, IntoTheBlock, closely tracked the market activities and revealed that this period had recorded the huge trading volumes of this memecoin. Hence, the substantial influx of investments from large buyers propelled the token’s trading volume to unprecedented heights.However, SHIB’s 24-hour trading volume plummeted by 25.74% to $127 million, at press time. This also hints at the possibility of a price reversal in the <a href="https://thenewscrypto.com/binance-ceo-warns-memecoins-are-high-risk/" rel="noopener noreferrer nofollow">memecoin market</a>. According to CoinMarketCap, SHIB is currently trading on the downside, dropping 4.05% in 24 hours to trade at $0.000009033.Continue reading <a href="https://thenewscrypto.com/shiba-inu-records-the-largest-purchase-volume-in-the-week/" rel="noopener noreferrer nofollow">&#64;TheNewsCrypto</a>

Shiba Inu Records the Largest Purchase Volume in the Week

TheNewsCrypto

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