The recent success of the Shibarium blockchain has rekindled activity among Shiba Inu whales. These major holders have moved significant amounts of $SHIB tokens, worth millions of dollars. Yet the moves have been seen by the market as positive news as the addresses are tied to cold wallet storage. The news suggests that whales anticipate future growth of the Shibarium network, potentially bolstering the price of $SHIB. This makes it one of the popular altcoins to watch this year and it has already displayed signs of growth, with its trading volume surging by 14% in the past day.
Meanwhile, thousands of investors are seizing the opportunity to scoop up $DOMI tokens as it is the top ICO in art investment this year. Domini is a new DeFi project that provides a gateway to fractionalized ownership of blue-chip artworks through blockchain technology. Investors are keen on getting $DOMI tokens because it offers a secure and user-friendly platform where they can diversify their portfolios with valuable art assets. Domini is capturing the attention of investors with benefits like robust security, participation in exclusive events, trusted storage, discounts on platform services, and priority access to new artworks. Art investment not only facilitates diversification but also promises long-term value appreciation, making $DOMI a viable choice for those seeking the best NFTs to invest in 2023.
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Whales Double Down on $SHIB Investments
Shiba Inu whales are shifting away from centralized exchanges, as illustrated by recent large transactions. The first significant transaction occurred on September 2, shortly after the launch of the Shibarium blockchain. A staggering 4.36 trillion $SHIB tokens, valued at approximately $37 million at the time, were moved from Bitvavo exchange to an undisclosed wallet, presumably for long-term holding. A similar transaction was observed on September 4, involving the transfer of 4.615 trillion $SHIB, equivalent to $35.69 million, from Bitvavo exchange to another undisclosed wallet.
Hence, these actions indicate that whales have an optimistic outlook for the Shibarium network, potentially boosting $SHIB’s value. Consequently, it’s emerging as one of the top 10 altcoins in the current year with a recent 14% surge in trading volume. Since its late August launch, the network has witnessed a surge in Total Value Locked (TVL), surpassing $1 million.
This surge is attributed to increased activity within decentralized finance protocols like DogSwap and MARSWAP. DogSwap currently accounts for over 50% of Shibarium’s TVL, with MARSWAP following closely at 26%, indicating a growing ecosystem and renewed investor interest.
Diving into $DOMI: A Frenzy of Investors Join the Art Investment Revolution
Domini’s distinguishing factor lies in its ability to combine fractionalized blue-chip art ownership with art-backed tokens and a dedicated marketplace. By securitizing blue-chip artworks in the form of trending NFTs, Domini ensures transparency and ownership rights. This unique blend empowers investors to partake in high-end blue-chip art investments, broadening the DeFi crypto horizons and potentially reaping substantial returns.
In a world where art meets innovation, Domini stands as a symbol of change, offering a secure and inclusive investment avenue. As it continues to disrupt the traditional art market, it’s no wonder investors are eyeing Domini as the best crypto investment. Being a $DOMI token holder comes with exclusive perks. Your membership status depends on your token holdings. Each tier offers distinct advantages like early access to fresh artworks, top-notch customer support, and tailored suggestions.
In our commitment to aiding investors in their quest for making right decisions in art investment, we present Domini Advisory, a specialized service designed to guide art enthusiasts. With Domini Advisory, art investors receive invaluable insights into upcoming artists displaying remarkable talent and future potential. Our dedicated team scrutinizes artist portfolios, exhibition histories, and critical acclaim. For those investors wondering “What NFT should I buy“, this comprehensive analysis identifies artists garnering recognition and providing invaluable guidance to art enthusiasts.
Art investments also act as a potent hedge against inflation. Driven by demand, art prices have historically resisted the erosive effects of inflation, guarding against the loss of purchasing power. The digital art sphere offers the coolest NFTs in art and has experienced a huge demand, democratizing art investment beyond conventional realms.
Summary
In the midst of the cryptocurrency frenzy, $SHIB whales make waves by accumulating tokens worth millions after the Shibarium launch. Meanwhile, a groundswell of investors rushes to scoop up $DOMI tokens because of its unique combination of art and technology. For those pondering how to get into cryptocurrency, Domini emerges as a compelling choice as it merges art investment with blockchain innovation. Investors eagerly eyeing Domini recognize the potential in art investment to broaden their portfolios and tap into its historical and financial significance.
Learn more about $DOMI here:
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Source: https://www.analyticsinsight.net/shib-whales-moving-millions-after-shibarium-investors-scooping-domi-whats-going-on/