Shiba Inu price is set to see a potential upside after a recent 240% surge in large whale transactions in a single day. Similarly, DTX Exchange’s pre-sale momentum has increased significantly due to large crypto transactions. However, while these tokens are surging on whale activity, Floki Inu continues its downtrend, struggling to break through key resistance areas.
Shiba Inu (SHIB) Price Soars on Whale Trading
Based on data on stringLarge transaction volume statistics showed a 240% increase in the past 24 hours, from 326.98 billion SHIB to 781.4 billion SHIB. In monetary value, this means that the transaction volume of large holders increased from $4.61 million to $10.47 million in one day.
Shiba Inu price has increased by over 4.3% due to this whale activity, which has pushed it above $0.000014. Shiba Inu price has seen some pullback and is trading at $0.00001368 at press time, however, the increase in whale activity is a positive sign for a possible rally in Shiba Inu price.
Additionally, the introduction of a fiat on-ramp service and the integration of Bad Idea AI into the Shibarium platform could further increase its demand and investors are closely watching whether the Shiba Inu price can surpass its recent gains and where continued whale activity will lead.
Floki Inu (FLOKI) struggles to break the resistance
FLOKI has struggled to maintain positive price momentum even after signing several major partnership deals, including one with Sunderland AFC. FLOKI’s market sentiment is bearish as it has only had 9 green days in the last 30 days and is down 66% from its ATH.
Over the past 24 hours, FLOKI FLOKI price fell 3.22% to $0.000118, indicating that it is likely in an oversold zone, as shown by the 14-day RSI at 39.55, indicating its continued struggle to gain traction. Even with FLOKI’s high volatility at 17.85%, it was unable to break above key resistance levels.
Despite this, FLOKI appears to be making headway thanks to the Valhalla game it developed for Play-to-Earn (P2E). However, investors remain cautious about its immediate future prospects given that a further decline below $0.000115 could occur due to continued bearish signals.
DTX Exchange (DTX) Records Large Crypto Transactions
In the same way that the price of Shiba Inu has skyrocketed due to whale activities, huge crypto transactions are also increasing for DTX, the native token of DTX Exchange—a hybrid trading platform that combines all the benefits of decentralized and centralized exchanges into one.
DTX Exchange offers anonymous crypto trading with no KYC checks, premium features, and 1000x leverage on different assets including Forex and CFDs. As a result, its presale has gained momentum, with over $1.33 million of the $2 million worth of Stage 2 presale tokens already sold.
This is an incredible opportunity for investors to join DTX Exchange, which promises returns of up to 1000x upon launch. Notably, signing up with the code “DTX25” gives investors a 25% bonus, which 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
As FLOKI struggles with bearish trends, Shiba Inu price and DTX Exchange pre-sales are increasing, influenced by whale activities.
Learn more:
Visit the DTX Presale
Read the white paper
Join the DTX community
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