Shiba Inu Witnesses a Surge in Whale Activity

Adekunle Joshua

HSBC Bank, the world’s eighth-largest bank, now accepts SHIB as payment

Recent days have seen a surge in whale activity around SHIB

Shiba Inu's price currently maintains a position above an ascending trendline on shorter timeframes, indicating a bullish trend

However, SHIB is grappling with extremely low volatility and decreasing trading volumes

The ongoing collaboration between the crypto ecosystem and HSBC has the potential to bring back volatility to SHIB and the broader cryptocurrency market.

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