Nearly five billion Shiba Inu meme coins have been in motion during the last few hours, according to information given by the freshly created analytics platform Arkham.
Shiba Inu’s price has increased by 6.59% during the course of the previous 24 hours. When the court ruled that the XRP token is not a security in Ripple Labs’ lawsuit against the SEC, the price of SHIB shot over the roof.
Whales withdrawing billions of SHIB from exchanges
An anonymous wallet received 261 million SHIB in total from the Coinbase exchange. A Binance-related address saw the withdrawal of almost 70 million Shiba Inu. According to Arkham, 155 million SHIB were transferred between two anonymous wallets.
The biggest and oldest cryptocurrency exchange in Turkey, BtcTurk, transferred a total of 146 million meme coins to an unidentified wallet as well. In addition, a few deals each involved several billion SHIB: The largest cryptocurrency exchange in Mexico and Latin America, Bitso, moved 1.44 billion SHIB; 1.405 billion SHIB were transferred from Uniswap DEX to an anonymous wallet; and 1.064 billion Shiba Inu were deposited to KuCoin.
Shytoshi Kusama shows rebranded SHIB website
Shytoshi Kusama, the Shiba Inu project’s pseudonymous principal developer, tweeted that the updated Shiba Inu website will be made available to the SHIB community.
Shiba Inu’s key initiatives, including the SHIB Metaverse, Shibcals, Shiba Eternity, ShibaSwap DEX, and others, have been renamed on the website. All visitors can now view the SHIB Worldpaper that was mentioned in a recent blog article.
In addition, Shytoshi declared that the submission period for projects intending to build upon or cooperate with Shibarium through a unique manner has ended. On March 11 of this year, Shibarium beta, also known as Puppynet, was released. Shortly after, Kusama reported that hundreds of projects had submitted their proposals using that form.
