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Showing posts with the label cryptocurrency exchanges

8 Trillion Shiba Inu Coins Leave Cryptocurrency Exchanges

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Shiba Inu could surge in value as the latest data from Nansen shows that 8 trillion coins were moved from cryptocurrency exchanges to self-custody wallets in the last 30 days. The development pushed SHIB’s price to a monthly high of $0.00001340 on Friday. In addition, investors accumulated the dips on the dog-themed token in hopes of Federal Reserve interest rate cuts. The 8 trillion movement of Shiba Inu coins from exchanges to self-custody wallets highlights that investors remain hopeful on the token. They did not jump ship by selling the holdings and continue to hold on to the tokens in their self-custody wallets. Despite its price stagnation this year, SHIB has barely experienced a domino effect type of sell-off. Also Read: How Many Shiba Inu Holders Are Actually in Profit & Loss Today? Source: Nansen Also, the 8 trillion Shiba Inu coins that were moved from exchanges to self-custody wallets are worth $107 million. Exchange outflows to self-custody wallets mostly lead to a bul...

Pi Network: PI Coin Price Prediction For Mid-April 2025

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PI Coin is currently one of the most trending crypto tokens to explore at the moment. Per CMC, the token is currently sitting at $0.64, down 6% in the last 24 hours. The sudden price plunge is currently being viewed as an attractive investment opportunity as PI Network’s PI is expected to surge and hit new highs this April 2025. How high can the token truly surge this month? Let’s find out. Also Read: The 1 Cent Dream: Which Year Can Shiba Inu Reach $0.01? PI Token: What’s Happening Source: The Network Journal The allure of the PI token is still very much evident in the market. The token has, however, been experiencing a rocky path ahead. PI is down 60% in the last one month, followed by documenting a 21% downswing in the last 7 days. The token is presently trading at $0.64, aiming for better days, which, according to multiple technical indicators, are approaching hard and fast. The token is wrapped under heavy speculation of it hitting major cryptocurrency exchanges like Bi...