Big-cap players are actively trading Shiba Inu (SHIB) meme coin and BONE token after Shibarium's recent relaunch. Shiba Inu's lead developer, Shytoshi Kusama, promises to increase Shibarium's scale by 1500% and improve its safety and usability. A large capital player or 'whale' has transferred 4.6 trillion SHIB tokens once again. This raises new speculations about whether SHIB and BONE prices will recover from the recent decline?
Whale alert on September 4th reported that one Whale had transferred 4.61 trillion Shiba Inu (SHIB) worth $35 million from crypto exchange Bitvavo. The transfer of SHIB trillion by an unknown wallet created optimism among the community.
Some people believe that this is the time to buy SHIB as the Whale activity seems to indicate a positive price movement to come. The prices of SHIB and BONE declined by 10% and 35% respectively in the past month as the Shibarium mainnet launch series faced several obstacles.
This same whale has transferred 4.6 trillion SHIB for more than a month, based on the latest transaction records on Etherscan. Shibarium has passed 1 million wallets. This indicates a demand for the Shibarium Shiba Inu range and a possible price increase.
The Shiba Inu ecosystem token is largely still affected despite the relaunch of Shibarium. The price of SHIB fell 2% in the last 24 hours, with the price now trading at $0.0000077. The lowest and highest points in the 24-hour period are $0.00000765 and $0.00000782 respectively.
Meanwhile, BONE price is trading at $1.08, down 0.5% in the last 24 hours after a small recovery last week. The lowest and highest points in the 24-hour period were $1.02 and $1.09 respectively.
