Millions Of Shiba Inu (SHIB) Disappear; SUI (SUI) Network Expands With

Matt Williams

Last updated:
February 14, 2024 at 17:49 GMT+2
| 2 min read






































Algotech (ALGT) has emerged as the most sought-after crypto asset in 2024. So, its presale tokens are selling out fast, and investors are pouring millions into it. Therefore, even the holders of Shiba Inu (SHIB) and SUI (SUI) are shedding their existing holdings to add Algotech (ALGT) to their portfolios.

Unidentified Wallet Moves Billions Of Shiba Inu (SHIB) Tokens.


Shiba Inu has lately been in the news since a staggering 23.9 billion SHIB tokens were transferred. As per reports, these Shiba Inu (SHIB) tokens were transferred from the BTSE exchange to an unidentified wallet.

Notably, the transferred Shiba Inu (SHIB) tokens are worth a quarter of a million dollars. Some experts believe that the unidentified investors might have been thinking of capitalizing on Shiba Inu’s (SHIB) current growth.

In the past week, Shiba Inu’s (SHIB) price has jumped by more than 3%. Consequently, the current trading price of Shiba Inu (SHIB) has reached $0.00000943. However, the Shiba Inu community has been asked to stay vigilant to scams that are targeting SHIB investors.

SUI (SUI) Network Partners With Ondo Finance.


The SUI (SUI) network has been expanding its ecosystem with new partnerships. In the latest event, Ondo Finance has come to the SUI (SUI) network. With this collaboration, the SUI (SUI) network will get its first native dollar-denominated token named “USDY.”

Notably, within a year of its inception, the SUI (SUI) network on January 31 entered into the top 10 DeFi rankings. Besides, the total value locked (TVL) of SUI (SUI) has also soared by over 1,000% in the past four months.

Subsequently, SUI’s (SUI) market value has increased by 2% in the past week. Hence, at the time of writing, SUI (SUI) is changing hands at $1.78.

Algotech (ALGT) Aims For Record Profits During Presale.


Algorithmic trading has become quite popular in recent years. As per Research Corridor, the estimated market size of algorithmic trading can grow at an annual rate of 11% from 2023 to 2030. To get the most out of this market opportunity, Algotech (ALGT) has introduced a novel crypto trading platform.

This trading platform boasts advanced technologies, like machine learning. Algotech (ALGT) has also utilized advanced strategies to manage risks. The platform users will also get the benefit of artificial intelligence. They will be empowered to modify their trade...

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