SHIB price is making waves thanks to a significant purchase by a major investor, spotlighting Shiba Inu as a coin to watch. Meanwhile, Avalanche experiences a notable rise, hinting at a possible correction after its recent gains, which draws attention to its future movements.
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SHIB Price – Recent Whale Activity and Community Efforts
Recently, a big buyer, known as a “whale,” has been very interested in Shiba Inu coins. Whale Alert, a tool that watches what big buyers do, saw this whale get 332.42 billion SHIB, which is worth $10.85 billion, from Cumberland, a place where people trade crypto, on March 11. This move made many people pay attention because it shows the whale believes a lot in Shiba Inu.
At the same time, this buying happened when there was a lot of good news about Shiba Inu like the community doing new things and more SHIB coins being burned (removed from circulation). This has made people more excited about SHIB. Because of this, the SHIB price has been doing well lately. The big buying and the community’s work have helped keep the SHIB price up.
AVAX Value Rises; Will Corrections Follow?
Avalanche (AVAX) has been doing well lately. Its price went up from $36.8 to $40.4 in one week, which is a 9.81% increase. This means the value of Avalanche (AVAX) is growing, and when you look at the charts, you see more green than before, showing it’s going up. But, the RSI, which helps people see if something is bought too much or not enough, is at 57.79. This number means things are pretty normal, not too high or too low.
Even so, Avalanche (AVAX) has been doing good in February. It’s been going up a lot in the last 32 hours. Because the RSI number is over 50 and the charts are going up, it looks like a good time for Avalanche (AVAX). This could mea
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Author: AMBCrypto Team