Major SHIB metric shows amazing growth even though the coin’s price remains in a big decline
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There have been eight burn transactions so far and the largest one of them transferred 225,637,580 SHIB to an unspendable wallet, which accounts for nearly all of the burned amount of SHIB.Over the last 24 hours, the SHIB price demonstrated a 8.8% decline, falling from $0.00002350 to the $0.00002207 price line. It has then attempted to break out from that support twice, surging to the $0.00002206 level.
It was pushed back down after the first attempt, but then it strived to rise once again and is so far changing hands at this level, This price decline coincided with an increased whale activity when 4.3 trillion SHIB were transferred to the Coinbase exchange to be sold andYuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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