332 Billion $SHIB Hit Robinhood Exchange Just Before Major Dump; $GFOX Closes In On $5 Million
This week has been quite eventful in the crypto market. While Bitcoin and Ethereum struggled to maintain their new resistance levels, memecoins were bursting the charts with massive gains as high as 300% in 72-hour price charts. In the same vein, the market woke up to the news on March 11, 2024, that 332 billion Shiba Inu ($SHIB) tokens have been transferred to Robinhood. While this particular transfer was unexpected, $SHIB whales have generally been very active in the market in the last 30 days. It’s possible that some of these whales had insider knowledge, or at the very least were able to predict that the meme market was on the verge of a big dump. While we speculate about what the transfer may indicate, the market is buzzing with excitement as $GFOX inches closer to its $5 million sales mark. What’s the significance of the 332 billion SHIB transfer? The Crypto market was struck by the news of $SHIB’s massive token transfer. In...