Data from WhaleStats, a leading cryptocurrency analytics platform, identified SHIB and DOGE whales, along with their top 10 coin holdings. In particular, the data provides valuable insight into the investment patterns of key owners. It also sheds light on the most popular coins among these communities. Here are the details…
SHIB holders hold these coins the most
In particular, the movements of the Shiba Inu (SHIB) whales, one of the popular meme coins, are carefully watched. Because the data point to critical developments. It shows, for example, that top Shiba Inu (SHIB) holders are moving their portfolios beyond just holding SHIB tokens. For example, it shows that they are diversifying their wallets in leading coins like Ether (ETH) and stablecoins like USD Coin (USDC) and Tether (USDT). In general, whales hold the following coins besides SHIB, according to WhaleStats data:
- 1. Ethereum (ETH)
- – Average balance: 19,181
- – Average USD value: $29,671,444
- 2. USD Coin (USDC)
- – Average balance: 13,911,729
- – Average USD value: $13,925,247
- 3. Tether USD (USDT)
- – Average balance: 13,694,114
- – Average USD value: $13,707,200
- 4. Matic Token (MATIC)
- – Average balance: 2,672,371
- – Average USD value: $3,323,124
- 5. Chainlink Token (LINK)
- – Average balance: 263.111
- – Average USD value: $1,855,535
- 6. HuobiToken (HT)
- – Average balance: 323,780
- – Average USD value: $1,690,941
- 7. Decentraland (MANA)
- – Average balance: 2,433,564
- – Average USD value: $1,641,967
- 8. The Sandbox
- – Average balance: 1,831,805
- – Average USD value: $1,336,595
- 9. GateChainToken (GT)
- – Average balance: 297,713
- – Average USD value: $1,286.002
- 10. Bitpanda Ecosystem Token (BEST)
- – Average balance: 3,332,233
- – Average USD value: $1,190,274
What do DOGE owners hold most?
On the other hand, interestingly, Dogecoin (DOGE) holders seem to be more inclined towards smaller market cap altcoins compared to Shiba Inu (SHIB) holders, with tokens like LYO Credit (LYO) and ZEDXION (ZEDX) appearing in the top 10 list.
- 1. LYO Credit (LYO)
- – Average balance: 676,864
- – Average USD value: $639,676
- 2. Tether USD (USDT)
- – Average balance: 511,362
- – Average USD value: $510,408
- 3. Ethereum Token (ETH)
- – Average balance: 336
- – Average USD value: $423,027
- 4. BTCB Token (BTCB)
- – Average balance: 18
- – Average USD value: $331,582
- 5. 7Pixels (7PIX)
- – Average balance: 112,998
- – Average USD value: $238,540
- 6. ZEDXION
- – Average balance: 210,356
- – Average USD value: $209,458
- 7. NUGEN (NUGEN)
- – Average balance: 829,566
- – Average USD value: $113,650
- 8. Everdome (EVD)
- – Average balance: 33.608,164
- – Average USD value: $80,407
- 9. CRACLE
- – Average balance: 862,831
- – Average USD value: $61,002
- 10. ChainLink Token (LINK)
- – Average balance: 9,711
- – Average USD value: $58,867
In conclusion, it should be noted that the cryptocurrency market is extremely volatile and these rankings can change rapidly as owners adjust their portfolios. Also, this data represents only a fraction of the overall cryptocurrency market as it focuses on the top 100 owners of SHIB and DOGE. However, it does provide valuable information on the preferences and investment strategies of these important owners. Investors and enthusiasts in particular are looking for focus amidst potential market movements. But he will watch these trends closely as they can serve as indicators of emerging investment opportunities. As a result, as the cryptocurrency space continues to evolve, data-driven analytics like those offered by WhaleStats will be critical. It will play an increasingly vital role in understanding the behavior of market participants.
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