New Whale Acquires 237.8 Billion SHIB Following Funding Milestone for Layer-3 Blockchain Project
Title: Whale Acquires 237.8 Billion SHIB Following Funding Milestone for Layer-3 Blockchain Project
In a surprising turn of events, a new whale has acquired a massive amount of Shiba Inu (SHIB) tokens, totaling 237.8 billion, shortly after the announcement of securing $12 million for a new layer-3 blockchain project. This significant transfer has stirred the crypto community and sparked speculation about the future of the popular meme coin.
According to Etherscan statistics, the transaction took place from an anonymous wallet, raising questions about the motive behind the purchase. The value of the acquired SHIB tokens currently stands at $6,290,435, adding to the intrigue surrounding the whale’s actions.
The acquisition comes on the heels of the SHIB team’s recent funding milestone for developing a layer-3 solution on top of Shibarium. Project lead Shytoshi Kusama has been on a global tour, visiting various countries to secure funding for the upcoming blockchain project.
During his travels to Japan, Hong Kong, Puerto Rico, and several locations in the United States, Kusama has been actively engaging with potential investors to support the development of the layer-3 blockchain. The new blockchain is set to enhance privacy, speed, and introduce the TREAT token for future transactions.
The layer-3 upgrade promises improved security, fast and low-cost transactions, compliance features for auditors, and other enhancements to benefit the SHIB community. The introduction of the TREAT token will play a crucial role in fueling transactions on the upcoming blockchain, similar to the current use of BONE on Shibarium.
As the crypto world awaits the launch of the new blockchain project and the TREAT token, the acquisition of a substantial amount of SHIB tokens by a mysterious whale has added an element of excitement and speculation to the future of the popular meme coin.
With the SHIB community closely following the developments and announcements from the project lead, Shytoshi Kusama, the stage is set for further advancements in the world of decentralized finance and blockchain technology.
[Photo: Microsoft Bing]
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