A staggering amount of Shiba Inu meme coins were recently moved from one anonymous wallet to another, according to the Whale Alert cryptocurrency tracking bot. In a single transaction, trillions of SHIB were exchanged.
While everything is going on, restaurant chain and Shibarium partner Welly’s is tantalising the SHIB community with the forthcoming opening date.
Trillions of SHIB exchange hands while price surges
A staggering 4,587,030,677,374 SHIB worth of Shiba Inu coins have been transferred from one anonymous wallet to another. The wallet of the sender was created around two hours ago and only has four transactions, according to the information provided by Etherscan.
https://x.com/whale_alert/status/1713845496849019093?s=20
The SHIB chunk it transmitted is equivalent to $32,409,665 in fiat currency. Shiba Inu has shown an astonishing price increase of about 2.5% twice during the weekend.
The Shiba Inu team official Lucie highlighted the price increase as she triumphantly uploaded a screenshot of a SHIB chart on her Twitter page, stating, “I’m not worried about SHIB.” The meme coin fell following the first climb on Saturday, but it successfully rose again early today.
Welly’s teases new opening date
Italian fast food company Welly’s, a SHIB partner, announced on Twitter that its grand reopening is approaching shortly after being rebranded and integrated with SHIB. It also invited the SHIB community to predict the date of this occasion.
The day is replaced by two question marks in Welly’s tweet, but the month and year are clearly displayed as October 2023.
The post’s comments section received several suggestions that the opening would happen on October 18, 21, or 23. In any event, this just-started week encompasses almost all of the identified varieties.
https://x.com/NoOneHasSpoken/status/1713711780319691038?s=20
The chief developer of Shiba Inu, who goes by the alias Shytoshi Kusama, proudly tweeted about Welly’s and its impending rebirth roughly ten days ago, when the intentions for reopening had already been expressed.
As one of the leading SHIB investors, Welly’s initially teamed with Shiba Inu in 2021 and opted to rebrand utilising the SHIB logo and the Shiba Inu dog as its mascot.
Welly’s intends to integrate Shibarium
To increase its visibility, the team let people know that it will be opening eateries in new cities. Furthermore, Welly’s declared that it will integrate as soon as Layer-2 blockchain Shibarium is deployed even before Shibarium was really created.
Shibarium collapsed after the initial attempt due to the massive influx of new users and traffic, therefore a relaunch took place in the middle of August this year. Shibarium has achieved important milestones in its main KPIs, including the total number of transactions, linked wallets, and mined blocks, in less than two months after its introduction.
