2026-01-06 13:29:34

In the past week, Shiba Inu (SHIB) has been booming, with a surge of up to 26%, and its market cap has also surpassed Canton Coin (CC), taking the throne as the "XRP Killer." The crypto community is buzzing with discussions about this rally.

On the other hand, an executive from a compliant platform clarified that although the company's stock has recently rebounded, due to internal trading plan restrictions, individuals are actually unable to buy the company's stock directly within the legal framework. This seemingly simple matter reflects the various shackles of traditional finance.

Even more interesting, a transfer of 1.31 billion USD worth over 874 million DOGE (DOGE) was conducted within a major exchange. Initially, the market misunderstood this transfer as some mysterious whale operation, but it was later confirmed to be a routine technical transfer. This also reminds us that in the crypto market, sometimes a simple on-chain operation can trigger a wave of public opinion.

SHIB1.45%

CC1.02%

XRP0.23%

DOGE-0.3%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

24 Likes

Reward
24
10
Repost
Share

Comment

0/400

SmartContractPhobia

· 01-09 13:27

Shib is hyping again? Is it true? With this, they still dare to compare to XRP? Wake up, everyone. The traditional financial rules are indeed disgusting, but the crypto world isn't much better. A $131 million DOGE transfer, can it be a whale operation? I'm stunned, the information gap is so big. Executives can't even buy their own stocks, I definitely won't dare to touch it... It's Shib and Doge again, there's been quite a lot of public opinion storms this week.

View OriginalReply0

ColdWalletGuardian

· 01-09 12:52

SHIB is starting to hype again. It’s really the same every time—after a surge, they say it will surpass XRP. Wake up, everyone. Executives can’t buy their own company’s stock? Ha, that’s the joke of traditional finance. In contrast, crypto is much freer. That DOGE transfer was hilarious. A bunch of people guessed it was a whale, but it was just internal operations—panic caused by information asymmetry. Every on-chain transaction can cause a huge stir. Retail investors’ mentality is indeed fragile. That’s why I only store coins in cold wallets and avoid exchanges, to prevent being exploited by these waves.

View OriginalReply0

ForeverBuyingDips

· 01-09 06:37

Shib is back up again. This 26% increase feels good, but I really don't understand these altcoins. The traditional finance logic is hilarious; I can't even buy my own stocks. Luckily, I'm free in crypto. What’s the fuss about giant whale transfers? Just this much DOGE can generate a bunch of papers. Ridiculous.

View OriginalReply0

BearMarketHustler

· 01-06 13:58

SHIB is rising again? Can this wave hold, brothers need to stay alert Traditional finance is like this, trapped so tightly 130 million transfers can scare so many people, hilarious, still too inexperienced Wait, XRP killer? Who came up with that name What is DOGE up to this time Regulatory platform executives say this, probably another attempt to harvest retail investors On-chain operations stir public opinion? The market is really easy to be fooled I just want to know, after this wave of SHIB rises, the big sell-off army will come

View OriginalReply0

BlockchainBouncer

· 01-06 13:50

A 26% increase isn't a big deal; the key is not to fall into another leek-cutting drama. The rules of traditional finance are really ridiculous—can't even buy your own company's stock? Might as well go all in on crypto directly. That fake surprise with DOGE made me laugh to death. A single on-chain operation turned into a whale news story—that's the crypto world.

View OriginalReply0

SolidityJester

· 01-06 13:49

SHIB is bouncing again. A 26% increase indeed can be impressive, but I'm more curious about how long this heat can last. Executives can't even buy their own stocks, haha. That's the most ironic part of traditional finance. That $1.31 billion DOGE transfer scared the market half to death, but it turned out to be just routine operations... This is the crypto world, a false alarm all just for show. SHIB surpassing CC to become the "killer"? When will this ranking game ever end? The key is information asymmetry. Even with such transparent on-chain data, some people are still guessing wildly—classic FUD factory. Traditional finance rules are really restrictive. In contrast, everything on the chain is dictated by code. That technical transfer was hyped up as a whale operation, which is why there's always someone making money in the market.

View OriginalReply0

PumpDoctrine

· 01-06 13:47

SHIB is starting to hype again. Every time, it just skyrockets and gets blown out of proportion. Traditional finance is always the same, heavily restricted. How can it compare to the freedom on the blockchain? Haha, a transfer of 130 million DOGE can cause panic. The market is really easy to fool. XRP killer? That's a bit too absolute. Can this wave of increase last? Seeing these fake surprises every day. I just want to know when SHIB will double.

View OriginalReply0

CryptoMom

· 01-06 13:44

Come on, SHIB keeps going up and down, and it still has to be the XRP killer. Many people will be trapped in three days. The rules of traditional finance are really frustrating. Why are there so many restrictions? 130 million DOGE transfers can scare away a bunch of smart people. It cracked me up. Even small on-chain events can trigger a storm of public opinion. Once again, it was risky. Luckily, I didn't chase in at the high point. This wave of market movement is just a rhythm to harvest retail investors. Be careful, everyone.

View OriginalReply0

GasDevourer

· 01-06 13:31

Shib is riding the hype again, with a 26% increase—really hilarious. How many days can this last? The restrictions of traditional finance are really absurd; we can't even buy our own company's stock. We can actually be more free by directly aping into tokens, haha. That fake mega-whale operation with doge was funny. A slight movement on the chain can trigger a thousand waves. This market really relies purely on emotions.

View OriginalReply0