Crypto
Shiba Inu Exchanges Flooded with 277 Billion Tokens, Price Under Pressure
A massive influx of Shiba Inu tokens to exchanges has put pressure on the cryptocurrency.
The total amount transferred is approximately 277 billion SHIB, which could lead to increased selling pressure on the market.
The price of SHIB is currently hovering around $0.00, a critical level that it's trying to hold onto.
To sustain the momentum seen in September, it's essential for the current technical setup to be maintained.