Shiba Inu (SHIB) became the world’s most popular cryptocurrency in 2021. The frenzy may have dropped in 2022, but SHIB has some plans for that. Shiba Inu is the 2nd largest token held by Ethereum whales, according to WhaleStats. There must be a strong reason why ETH whales hold a meme coin. Meanwhile, the 24-hour trading volume of SHIBs increased by over 131%.
ETH whales with over $1.4 billion SHIB
WhaleStats has released a list of the top 10 tokens held by the biggest ETH whales. The list includes Tally, FTX Token, SHIB, WBTC, MATIC and MANA.
FTT is the largest token held by ETH whales. They hold over $1.8 billion in FTT tokens. Shiba Inu is the 2nd largest cryptocurrency they have. The largest ETH wallets store over $1.4 billion in SHIB tokens. FTX and SHIB account for 17.52 percent and 13.64% of the total assets of the largest ETH whales, respectively.
Shiba Inu announced upcoming giant projects
As we have mentioned in the news of Kriptokoin.com, ‘SHIB: The Metaverse’ and other projects related to it have been recently announced. started. Later, it was announced that the locking system is also live and users can now lock their LEASH and SHIBOSHIS. Early access to land sales is just the starting point of this Metaverse, and an interactive map will be out soon.
Milkshake shared some recent news regarding the Shiba Inu ecosystem. The developer reported that kaaldhairya has confirmed that he is working on SHI and other projects. Kaaldhairya has released a list that she is currently working on. Tally keeps projects like SHIBASWAP V2, SHIBARIUM, SHI and the SSHIB combustion portal on track. Milkshake also reported that the SHIB burn portal is in its final stages and will also have reward-earning capabilities. SHIBASWAP V2 was designed to create a UX and UI design.
Shiba Inu 24 trading volume increased 131%
The price of the Shiba Inu is trading at an average of $0.000025. SHIB’s 24-hour trading volume of $1,835,293,168 was up 131%. According to CoinMarketCap, Shiba Inu is the second largest meme cryptocurrency with a total market cap of over $13.7 billion.