One of the early Shiba Inu investors, who invested $8,000 in the token in August last year and received more than $5 billion after the October jump, made four large transactions, spurring the entire SHIB community.
In fact, there is no reason for concern among fans of the dog token yet. An unknown wallet owner who has recently become a billionaire has simply transferred 40 trillion SHIB to other wallets, the equivalent of more than $2.56 billion at the time of writing. In fact, he did not cash out, so it is too early to look for the reason for the small drawdown of the coin rate.
After the transfer, there are still about 30 trillion SHIB tokens left on the dog's billionaire wallet, equivalent to more than $2 billion at the current exchange rate on the Binance crypto exchange.
Some have already started talking about the fact that the secret billionaire is none other than the creator of the meme coin under the nickname Ryoshi. Since an unknown investor just took a break to purchase SHIB tokens during that time period, while the project acquired its own pages on popular social networks and an official web resource.
Others called the SHIB billionaire Neyma Jahan, who created Unification. Moreover, this information spread so quickly that Jahan himself was forced to refute the rumors on his Twitter page, although he admitted that he traded the token last year. He also stressed that Unification has received a contract to carry out maintenance work for Shiba Inu. This concludes their interaction with the token team.
Now the SHIB price is $0.00006350 on the Binance exchange, having fallen by almost 8% over the past 24 hours. Although this level of drawdown is unlikely to shake the optimism of meme coin investors.
If you decide to try your hand at the world of cryptocurrencies, do it with a trusted and reliable partner - BINANCE
CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources. Cryptocurrency is a high-risk asset, investments in it can lead to losses. Readers should do their own research before taking any action.