Whale Transactions Spike For Shiba Inu (SHIB) and DTX Exchange As FLOKI Struggles Continue
Shiba Inu price is set for potential rally following a recent surge of 240% in large whale transactions in just one day. Similarly, DTX Exchange presale momentum increased significantly as a result of large crypto transactions. However while these tokens surge from whale activities, Inu continues on its downward trend, struggling to break through key resistance zones.
Shiba Inu (SHIB) Price Surges Amid Whale Transactions
Based on on-chain data, Large Transactions Volume stat has shown a surge of 240% in the last 24 hours from 326.98 billion SHIB to 781.4 billion SHIB. In dollar value, this meant that large holders’ transaction volume jumped from $4.61 million to $10.47 million over a day.
Shiba Inu price increased over 4.3% as a result of this whale activity which pushed it above $0.000014. Shiba Inu price has seen some retracement and is trading at $0.00001368 as at press time, however, the increase in whale activity is a positive sign for a potential Shiba Inu price rally.
Additionally, the introduction of a fiat on-ramp service, and Bad Idea AI being integrated into the Shibarium platform could further increase its demand and investors are closely watching whether Shiba Inu price can surge past its recent gains, and where the ongoing whale activity will lead.
Inu (FLOKI) Struggles To Break Through Resistance
FLOKI has had a hard time maintaining a positive momentum in price even after signing several important partnership deals including one with Sunderland AFC. FLOKI’s market sentiment is bearish as it has had only 9 green days in the last 30 days, and is down by 66% from its ATH.
Over the last 24 hours, FLOKI dropped 3.22% to $0.000118 signaling that it’s most probably treading on oversold zone as exhibited by 14-day RSI at 39.55 which points to its ongoing struggle to gain ground. Even with FLOKI’s high volatility at 17.85%, it couldn’t break past key resistance levels.
In spite of this, FLOKI seems to be making strides through the Valhalla Game It has developed for Play-to-Earn (P2E). However, investors still remain cautious about its immediate future outlook given that more decline below $0.000115 might arise due to a continuation of bear signals.
DTX Exchange (DTX) Records Large Crypto Transactions
Similar to how Shiba Inu price skyrocketed because of whale activities, huge crypto transactions are also surging for DTX, the native token of DTX Exchange—a hybrid trading platform that combines all the benefits of decentralized and centralized exchanges in one.
DTX Exchange provides anonymous crypto transactions without KYC checks, premium features, and a leverage of 1000x on different assets including forex and CFDs. Accordingly, its presale has been gaining momentum, with over $1.33 million worth of the total $2 million stage 2 presale tokens already sold.
This is an amazing opportunity for investors to join DTX Exchange which promises returns as high as 1000x upon launch. Notably, registering with code “DTX25” gives investors a 25% bonus, this has attracted both whales and average investors. This is the best time to join the DTX presale, with tokens priced at just $0.04 a piece!
Key Takeaways
While FLOKI struggles with bearish trends, Shiba Inu price and DTX Exchange’s presale surges, influenced by whale activities.
Learn more:
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