Code Rumors Dispelled as Shiba Inu Whale Sudden Withdraws 800,215,912,624 SHIB While Competing with Dogecoin Developer

A Shiba Inu cryptocurrency investor has moved over 800 billion SHIB tokens worth around $8.2m just as rumours around the Shiba Inu ecosystem’s new layer-2 protocol, Shibarium, continue to swirl. The protocol recently launched its anticipated beta testnet, and allegations that it uses stolen code have been refuted by the developer. According to the developer, the issue lies with the testnet’s Chain ID, which is used to tell blockchains apart, and will be fixed by relaunching the network. The whale’s sale of SHIB comes as the token trades for $0.000002, a 17.2% decrease in value over the past 24 hours.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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