• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Shiba Inu Drops 10% Following Whale Transfer of 4 Trillion Tokens

user avatar

by Giorgi Kostiuk

a year ago

The meme coin Shiba Inu (SHIB) has experienced a significant decline of over 10% in the past 24 hours, reaching $0.00002326. This occurred amid several major events, including a whale's transfer of 4 trillion tokens and the Federal Reserve's announcement about the economy.

Shiba Inu Price Decline

The price of the meme coin Shiba Inu has fallen by more than 10% in the past day and is now $0.00002326. While SHIB showed gains during the market rally, its upward trend seems to be slowing.

Massive Whale Transaction

Whale Alert reported a transfer of 4 trillion SHIB tokens from one unknown wallet to another. The transaction fee was only $8.10 in Ethereum.

Fed's Announcement and Impact

The Federal Reserve stated that the US economy is doing well and that future rate cuts will be approached with caution. This statement has also pressured the cryptocurrency market, including Shiba Inu.

The decline of Shiba Inu's price and the massive token transfer by a whale occurred amidst the Federal Reserve's announcement, significantly impacting SHIB's upward trend and resulting in a price drop.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Mutuum Finance's V1 Protocol to Launch on Sepolia Testnet

chest

The V1 protocol of Mutuum Finance will be deployed on the Sepolia testnet, enhancing interest in the project.

user avatarKaterina Papadopoulou

Cango Expands Diversification Strategy Beyond Mining

chest

Cango Inc is diversifying its operations beyond Bitcoin mining by operating over 40 mining sites and developing integrated energy solutions and AI computing.

user avatarMaya Lundqvist

Bittensor Network Activity Supports Price Momentum

chest

The introduction of the dynamic TAO upgrade and Project Rubicon has enhanced Bittensor network activity and price momentum.

user avatarLi Weicheng

Institutional Access Expands for Bittensor

chest

Grayscale launched the Bittensor Trust in late 2025, allowing traditional investors regulated access to TAO, significantly changing institutional approaches to Bittensor.

user avatarLeo van der Veen

Iran Unrest Raises Concerns Over Oil Supply

chest

Reports of intensified civil protests in Iran raise concerns over potential oil supply disruptions, affecting global energy markets and making Asian economies vulnerable to price spikes.

user avatarTenzin Dorje

Asian Currencies Decline Amid Geopolitical and Monetary Concerns

chest

Asian currencies face significant declines due to renewed tariff threats from Trump, unrest in Iran, and uncertainty surrounding the Federal Reserve.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.