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Shiba is in a rush to erase another zero against the dollar, drawing attention to the comments on Shiba coin. Meanwhile, in a recent Blockchain development, the transfer of a surprising 4.2 trillion Shiba Inu (SHIB) tokens between anonymous wallets has sparked significant community interest. The transaction, detected by crypto tracker Whale Alert, took place approximately 16 hours ago, following a notable 22.21% increase on Sunday, which was followed by a 16.55% decrease in SHIB’s price.
Community’s Reaction to the Large Transfer in Shiba Coin Comments
The mysterious transfer included an unknown wallet sending 4,262,142,892,684 SHIB tokens to another anonymous address. At the time of the transaction, these significant Shiba Inu meme coins were worth $43,896,875. It is worth noting that the recipient’s wallet is currently unavailable for analysis, adding an intriguing element to this significant transaction.
As observed by Whale Alert, this event marks the third such transaction involving 4.2 trillion SHIB movements within a week. Previous transactions took place between anonymous crypto wallets on Friday, December 9, and Sunday, December 17.
The active Shiba Inu community responded humorously to the transaction details and speculated about the identity behind this significant transfer.
Weekend Price Fluctuation of Shiba Inu
Shiba Inu experienced an increase over the weekend, reaching $0.00001172 on Sunday, showing a significant price increase of over 22% recently. However, following this upward momentum, there was a notable correction, and the Shiba price dropped to $0.00000999 with a 16.55% decrease.
Shytoshi Kusama, the creator of Shiba Inu, accompanied the weekend market volatility with a statement about the increase. Kusama promised the burning of 25 billion SHIB tokens and outlined the main points of a temporary plan for global adoption of SHIB, emphasizing the effective burning of tokens as part of the strategy.
