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Despite the massive sell-off by Voyager, SHIB’s price remained resilient. The token has seen a surge of over 14.2% in the past week. This bullish momentum is largely Following the latest rally from Shiba Inu, the bankrupt crypto lender Voyager Digital dumped 1.4 trillion SHIB in four days via Coinbase. Discover the latest on Shiba Inu's price dip following Voyager Digital's 1.4 trillion SHIB sell-off, the market's reaction, and future prospects amid the Shibarium launch. Voyager dumped 1.4 trillion Shiba Inus worth $14.4 million this week. The sell-off comes on the heels of Shibarium's possible launch this month. ShibaSwap lead developer Shytoshi Kusama Voyager Digital sold all of its 1.4 trillion Shiba Inu (SHIB) holdings creating selling pressure on the memecoin. The SHIB price still holds above its support levels with RSI Despite Binance US's acquisition of its assets, Voyagerthe insolvent North American cryptocurrency broker, continues to sell off its SHIB (Shiba Inu) tokens. Voyager Voyager Digital, a crypto lending firm facing bankruptcy, recently offloaded 1.4 trillion SHIB via Coinbase, in the middle of the Shiba Inu positive trend. According to the Voyager Digital vendió todos sus 1,4 billones de Shiba Inu (SHIB) creando presión de venta en el memecoin. El precio de SHIB todavía se mantiene por encima de sus

Voyager Dumps 1.4 Trillion Shiba Inu Ahead of Shibarium Launch: Will SHIB Survive?

The Shiba Inu (SHIB) community is closely watching market movements as Voyager Digital, a crypto lending firm facing bankruptcy, recently offloaded a massive 1.4 trillion SHIB via Coinbase. This significant sell-off, worth $14.4 million, comes right as anticipation builds for the potential launch of Shibarium this month, raising questions about SHIB's price stability.

Voyager's 1.4 Trillion SHIB Dump: What Happened?

Voyager Digital, even with Binance US's acquisition of its assets pending, continues to liquidate its SHIB holdings. According to reports, Voyager Digital sold all of its 1.4 trillion Shiba Inu (SHIB) creating selling pressure on the memecoin. This represents a complete offloading of their SHIB holdings. The sales occurred over four days via Coinbase, indicating a strategic and potentially calculated move by the insolvent North American cryptocurrency broker.

SHIB Price Resilient Despite Massive Sell-Off

Despite the massive sell-off by Voyager, SHIB’s price remained resilient. Intriguingly, the token has seen a surge of over 14.2% in the past week. This bullish momentum is largely attributed to excitement surrounding the impending Shibarium launch and positive sentiment within the Shiba Inu community.

Market Reaction and Future Prospects

Discover the latest on Shiba Inu's price dip following Voyager Digital's 1.4 trillion SHIB sell-off. While the sell-off initially created selling pressure, the SHIB price still holds above its support levels with RSI indicators suggesting a degree of underlying strength. Many investors are closely monitoring how the market will react in the long term. The crucial question remains: Can SHIB maintain its momentum and capitalize on the Shibarium launch to overcome this selling pressure?

ShibaSwap lead developer Shytoshi Kusama remains optimistic, and the community eagerly awaits the Shibarium launch, hoping it will boost SHIB's utility and value. Following the latest rally from Shiba Inu, the future remains uncertain, but the community's unwavering support and the potential of Shibarium could prove pivotal.

Key Takeaways:

  • Voyager Digital dumped 1.4 trillion Shiba Inus worth $14.4 million this week.
  • The sell-off comes on the heels of Shibarium's possible launch this month.
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  • The SHIB price still holds above its support levels.

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