Shiba Inu

The Shiba Inu token has experienced an astonishing 340% increase in on-chain activity, propelling it closer to the significant milestone of removing a zero from its price.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Cryptos-Headlines-Token-Airdrop-Is-Live-Claim-Your-Reward-Now-1.png?fit&#61;900%2C200&amp;ssl&#61;1" />In an astonishing development, the Shiba Inu token has witnessed an extraordinary surge, skyrocketing by a remarkable 340% in on-chain activity in just 24 hours. Information from IntoTheBlock <a href="https://cryptosheadlines.com/kwon-denies-involvement-in-transaction-manipulation-as-revealed-in-slack-chat-log/" rel="noopener noreferrer nofollow">reveals a sudden surge in significant transactions involving</a> SHIB, bringing the cryptocurrency back into the spotlight.<h3 id="record-surge-in-significant-transactions-for-shiba-inu">Record Surge in Significant Transactions for Shiba Inu</h3>The volume of significant <a href="https://cryptosheadlines.com/shiba-inus-bone-token-surges-on-massive-transactions/" rel="noopener noreferrer nofollow">transactions for Shiba Inu has witnessed an astounding surge</a>, escalating from 1.28 trillion to an impressive 4.35 trillion tokens within a short span. This surge translates into a remarkable increase in USD value, soaring from $12.15 million to a staggering $41.37 million.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines003-15.webp?resize&#61;640%2C186&amp;ssl&#61;1" />Source: IntoTheBlockAn insightful analysis by IntoTheBlock focuses exclusively on transactions exceeding $100,000, offering a detailed perspective on the recent activity. The data presents a stark contrast from the previous day, with 34 such transactions recorded, suggesting a diverse range of investors actively engaging with Shiba Inu tokens.<h3 id="shiba-inu-token-nears-price-milestone-amid-whale-surge">Shiba Inu Token Nears Price Milestone Amid Whale Surge</h3>With whale activity on the rise for the Shiba Inu token, focus turns to SHIB’s price movement. Currently at $0.0000096, <a href="https://cryptosheadlines.com/shiba-inu-turn-1000-into-109k-if-shib-reaches-0-001/" rel="noopener noreferrer nofollow">SHIB is close to reaching</a> the important $0.00001 mark, a significant milestone. Recent analysis highlights the crucial support level for SHIB’s price, suggesting a potential ongoing rally if it holds.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines004-6.webp?resize&#61;640%2C256&amp;ssl&#61;1" />SHIB to USD by CoinMarketCap<a href="https://cryptosheadlines.com/terra-luna-classic-proposal-approved-lunc-price-up-5/" rel="noopener noreferrer nofollow">Also Read: Terra Luna Classic Proposal Approved; LUNC Price Up 5%</a>The recent surge in SHIB’s price aligns with broader market movements, notably Bitcoin’s breakthrough above the $50,000 mark. This development <a href="https://cryptosheadlines.com/meme-coins-dogecoin-floki-inu-big-eyes-coin-potential-1000x-returns-this-altcoin-season/" rel="noopener noreferrer nofollow">potentially signals the onset of an altcoin season</a>, adding to the anticipation for SHIB enthusiasts awaiting the removal of a zero from its price. Replicating the impressive <a href="https://cryptosheadlines.com/shibs-past-performance-indicates-potential-double-digit-growth/" rel="noopener noreferrer nofollow">performance of the past</a> 24 hours could prove pivotal for SHIB’s trajectory.As the cryptocurrency landscape evolves, all eyes remain fixed on the remarkable ascent of the Shiba Inu token. Positioned on the brink of a historic milestone, the erasure of a zero from its price could redefine its trajectory in the market, further enhancing its prominence and influence.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Shiba Inu Surges 340% On-Chain as SHIB Price Nears Removal of Zero

Table of Contents

CryptosHeadlines.com

Other articles published on Feb 13, 2024

Kraken Mulls Crypto ETF Custody Amid Spot Ethereum ETF Anticipation

Best Crypto & Bitcoin Casinos in the UK to Play in 2024

Solana's Dogwifhat (WIF) Skyrockets Following LeBron James's Unexpected Action

BlockDAG Launches a Mega $2 Million Giveaway While Memeinator Presale Gets Underway and Ronin Get...

Trending Presale Kelexo Draws Avalanche & Dogecoin Holders to Its 30x Potential

These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally

Join our free newsletter for daily crypto updates!