Shiba Inu (SHIB) whales have been more active in the last 24 hours. WhaleStats’ analysis of the top 100 Shiba Inu owners reflects a 44.44 percent increase in active addresses as crypto whales interact with billions of Shiba Inu.
SHIB whale addresses peaked
WhaleStats reported that SHIB was among the most used smart contracts among the 2,000 most used ETH whales in the last 24 hours. Thus the use of the Shiba Inu seems to have risen among whales. The top 5,000 ETH whales now have $603,009,840 worth of SHIB. Also on this list are Decentraland (MANA), Ampleforth (AMPL), Polygon (MATIC), The Sandbox (SAND), and Chainlink (LINK).
Also, Shiba Inu will be back in June more gained more investors. According to WhaleStats, the total number of SHIB holders currently stands at 1,177,885. Meanwhile, more than 2,000 Welly NFTs have been minted so far, according to SHIBQueenie, the official SHIB Discord moderator and Growth Breed member, as we reported on Cryptokoin.com. Shedding light on the purpose of Welly NFTs, Shiba Inu lead developer Shytoshi Kusama states that NFTs were created to act as subscription tools for specific Welly locations, acting as smart contracts.
Bloomberg Terminal adds SHIB
As whales continue to gravitate towards SHIB, Bloomberg has expanded its data coverage on digital assets. Now the Bloomberg Terminal contains all 50 of the top cryptocurrencies, including the Shiba Inu. In other words, there are coins such as Bitcoin, Ethereum, XRP, Solana. Clients will be able to monitor intraday pricing in real time for a wide range of cryptocurrencies, indices and futures.
Bloomberg has been providing data for cryptocurrency traders for nearly 10 years after launching a Bitcoin price segment on Bloomberg Terminal in 2013. Five years ago, in 2018, it expanded the range of cryptocurrencies covered to the top 10. Now, it offers real-time data on the top 50 cryptocurrencies.
Meanwhile, Shiba Inu price is trading on the red board as a result of the overall bearish wave in the market. Shiba Inu, the second largest meme coin, has lost 11.9 percent at the time of writing. The coin is currently trading at $0.000000880. This value is 89.8 percent below the $0.00008616 recorded on October 28, 2021. SHIB, the 17th largest cryptocurrency by market capitalization, has lost 19.2 percent in the last seven days. In the last 30 days, it has dropped 19.4 percent. The annual rate of change is seen as a gain of 42.3 percent.
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