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Investor Dumps Trillions of Memecoins on Exchanges

In the cryptocurrency market, a clever investor dumped 1.5 trillion Shiba Inu (SHIB) and Floki Inu (FLOKI) tokens onto a cryptocurrency exchange. The investor’s trades, which generated around $70 million in profit, were particularly noteworthy because they came amid a period of significant price decreases for the aforementioned memecoins.

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DOGE AND sHIBA

DOGE and SHIB Rise to New Heights: KangaMoon Shows Potential

Dogecoin (DOGE) and Shiba Inu (SHIB) both saw strong gains in February. This increase was prompted by a Bitcoin (BTC) spike, and a market-wide rally has pushed the value of meme currencies higher. Dogecoin and Shiba Inu have reached yearly highs. Altcoin aficionados believe KangaMoon will benefit from the present bull market. The new meme coin has already garnered popularity and is aiming for 320% returns during its ongoing presale.

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Shiba Inu

Shiba Inu Teases Significant Updates: Could a 10x Price Rally be on the Horizon for SHIB?

Shiba Inu prices have risen significantly in the previous month, from below $0.00001 to above $0.00004, and are now only 50% off their all-time high. This has increased the optimistic mood among SHIB investors as crypto experts continue to urge greater prices, one of which was co-signed by Shytoshi Kusama, Shiba Inu’s principal creator.

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