Shiba Inu (SHIB), initially known as a meme token, is now experiencing a notable increase in large transaction activities. In the past 24 hours, there has been a 62% surge in these transactions, indicating growing interest from large investors or 'whales'.
This increase in significant transaction volume could be driven by various factors, including market speculation, investment strategies by large holders, or potential upcoming announcements related to SHIB.
The surge underscores Shiba Inu's evolving position in the cryptocurrency market, moving beyond its meme token status to becoming a more actively traded digital asset.