Millions Of Shiba Inu (SHIB) Disappear; SUI (SUI) Network Expands With New Integration; Algotech (ALGT) Presale Hits Major Growth Milestone
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.
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.
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.
Algorithmic trading has become quite popular in recent years. As per Research Corridor, the estimated market size of
