$SHIB Robinhood listing launched the token for 20%, but it's barely enough to cover two-week losses
network, who holds a record-breaking amount of Shiba Inu tokens, purchased a moderate amount of tokens worth $6 million. In addition to a whale named"Light," other big traders and investors were actively purchasing the token prior to the listing.
Most likely, whales had insider information about the upcoming listing and started actively buying the token to make a profit. While such a strong price spike is good news for the token, it has shown no significant price moves lately. But despite the strong increase, a 20% spike might not be enough for the long-term price reversal that most investors await.
France Dernières Nouvelles, France Actualités
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