Shiba Inu Whale Buys 257.5B SHIB Amid Dip, Will Price Recovery Follow?

Quick Summary:

This strategic acquisition highlights growing interest among investors to capitalize on the declining SHIB price, potentially positioning for future price recovery.

A Shiba Inu whale has made a bold move by purchasing 257.5 billion SHIB tokens during a market dip, spending $4.6 million.

The recent developments surrounding the whale purchase and Kusama’s announcement have created a sense of anticipation within the Shiba Inu community.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: India

Topics: SHIB Price 24/7 Cryptocurrency News Meme Coins Shiba Inu news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 01:39:54 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25551778

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 8 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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