Sun, November 24

Whale Alert- 20M Shiba Inu (SHIB) Coin Purchased in Last 24 Hours

Shiba Inu (SHIB) Expected to Dominate Other Meme Coins in 2022 Altcoin News
  • Shiba Inu owners in the top tier purchased $20,649,135 worth of the tokens.
  • SHIB is the biggest token in terms of dollar value.

Shiba Inu meme-based currency Shiba Inu has set its sights on 2021 as a milestone. CoinJar, an Australian cryptocurrency exchange, has included Shiba Inu as a trading, selling, and purchasing option. This is one of Australia’s oldest crypto exchanges, having been in operation since 2013. More than 43 million views have been reported for Shiba Inu in the past year than for Bitcoin, according to CoinMarketCap.

Acquisition by Top Tier SHIB Owners 

The SHIB has re-emerged as a target for Ethereum whales. Shiba Inu owners in the top tier purchased $20,649,135 worth of the tokens while selling only $3.48 million. SHIB is the biggest token in terms of dollar value and the most traded currency in the top 1000 ETH wallets. Thanks to this significant purchasing, as mentioned by @WhaleStats on its official Twitter handle.

As of this writing, there are more than 1,085,000 SHIB owners, and the top 1000 ETH wallets are holding $SHIB worth a total of $5.2 billion.

According to Etherscan statistics, whales have collected almost 21 billion Shib tokens in the previous 24 hours. According to the data, SHIB is being bought by whales, with a recent crypto whale acquiring an additional 4T SHIB ($136M), which pushed the SHIB price past 20%.

Robinhood is working on a lot of backend integration to introduce Shib on the exchange in the first quarter of 2022. According to CoinMarketCap, the SHIBA INU price today is $0.000038 USD with a 24-hour trading volume of $1,199,605,973 USD. SHIBA INU has been up 2.65% in the last 24 hours.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.