Massive Influx of Shiba Inu Tokens Raises Sell-off Concerns
Saturday, 1 June 2024, 18:00
Shiba Inu Sell-off Alert
In a surprising turn of events, over 4 trillion Shiba Inu tokens, valued at more than $103 million, have flooded various cryptocurrency exchanges in just two weeks. This massive influx has raised sell-off concerns among market participants.
Market Impact
The swift deposit of such a significant amount of tokens has heightened worries about a potential negative impact on the Shiba Inu market. Investors are closely monitoring the situation to assess the short-term price volatility and long-term implications.
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