{"id":140350,"date":"2024-10-23T11:30:43","date_gmt":"2024-10-23T08:30:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140350"},"modified":"2024-10-23T00:56:24","modified_gmt":"2024-10-22T21:56:24","slug":"shiba-inu-braces-for-volatility-as-exchange-transfers-surge","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/shiba-inu-braces-for-volatility-as-exchange-transfers-surge\/","title":{"rendered":"Shiba Inu Braces for Volatility as Exchange Transfers Surge"},"content":{"rendered":"

Recent trends indicate<\/a> <\/strong>a noticeable rise in the number of SHIB<\/a> <\/strong>tokens being transferred to exchanges, as reported by CryptoQuant. This shift away from self-custody often signals that investors are preparing to sell, which can lead to heightened volatility.<\/p>\n

However, despite this potential warning sign, there are several positive developments surrounding Shiba Inu. One notable factor is the rapid expansion of Shibarium, SHIB\u2019s layer-2 scaling solution.<\/p>\n

Daily transaction volume on Shibarium saw an impressive surge, leaping from just over 28,000 transactions on October 18th to more than 324,000 on October 19th. By October 21st, activity had balanced out at around 128,000 transactions, and the platform now boasts over 1.8 million active wallet addresses.<\/p>\n