# SHIB

By [ibelieveyou.eth](https://paragraph.com/@ibelieveyou) · 2023-08-12

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SHIB Inu (SHIB), which has seen an increase in value of over 8% in the past week, outperformed many other high market cap cryptocurrencies. However, a cryptocurrency transfer, including the transfer of billions of tokens to Coinbase, has led to speculation about the potential for new selling pressure on SHIB.

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*Originally published on [ibelieveyou.eth](https://paragraph.com/@ibelieveyou/shib)*