While the cryptocurrency market was preparing for the new year with expectations of 100 thousand dollars, he was unaware that 40 thousand dollars would be resistance. So, from which altcoin projects do whales collect the most from the bottom price? According to WhaleStats data, it could be the Shiba Inu, which has reached $0.00003493 with an increase of about 50% today…
Altcoin whales push Shiba to the top today
According to the latest statistics provided by WhaleStats, Shiba Inu has surpassed the Curve DAO Token (CRV) as the most traded token among the largest Ethereum whales. Shiba Inu (SHIB) is also stated to be the third most valuable cryptocurrency among Ethereum whales.
At the time of writing, Ethereum whales have over 55,267,322,781 Shiba Inu tokens with an average value of $1,553,784. According to WhaleStats data, Shiba Inu whales also keep the following coins/tokens, especially Twitter DAO, RON, Ethereum (ETH), Starshib and USD Coin.
- Polygon (MATIC)
- Decentraland (MANA)
- OKEx (OKB)
- Crypto.com (CRO)
- Bitpanda (BEST)
Shiba Inu (SHIB) price analysis
Shiba Inu (SHIB) price has also managed to break the 3-month downtrend and is forming a strong bullish structure on the charts as a result of Ethereum whales showing great interest in the meme token. In the upcoming bull runs, Shiba Inu is expected to set new ATH level; However, before doing so, it must first surpass the $0.000030 and $0.000060 resistances.
Shiba Inu, ATH price registered $0.00008845 during the previous bull run in October. According to CoinMarketCap data, this peak price was reached on October 28, 2021, about 3 months ago. WhaleStats also says that giant wallets control a quarter of the total Shiba Inu supply. According to current statistics, which we quoted as Kriptokoin.com, the top 100 Shiba Inu whales currently control almost a quarter (26%) of the total supply. At the time of writing, the Shiba Inu (SHIB) has reached the highest 24-hour earnings among the top 100 cryptocurrencies. It is trying to protect the day’s rally, which has reached 50%, with a small correction. The meme token thus surpasses volume giants like MATIC and BUSD once again.
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