Shiba Inu Coin News: SHIB is seeing a rally as the launch date for the much-anticipated Shibarium is approaching. This positive update helped SHIB Coin gain an edge over the world’s largest cryptocurrency, Dogecoin (DOGE). However, data reveals that Ethereum (ETH) whales are picking up a lot of SHIB before launch.
Are Whales Selling Shiba Inu on Fire?
According to WhaleAlert, Shiba Inu Coin has become the largest dollar holding in the 100 ETH whale. SHIB reverses Staked Ethereum (stETH) token to regain high status. The combination of this by the whale immediately shows the happiness among the whales.
As mentioned, 100 large whales with Shiba Inu parts are worth $69.5 million until January 13, 2023. However, the SHIB’s share has reached about $176 million. Top ETH Whales Raised $107 Million SHIB In Just Three Days.
Metaverse Finance Twitter account is now active with current shares!
SHIB Stock Up 22%
The price of Shiba Inu managed to rise more than 22% in the last 7 days, while the price of Dogecoin rose around 15%. The recent release of Shibarium Beta gave SHIB an edge over DOGE. SHIB stock is up 6% in the last 24 hours. It is trading at an average price of $0.000011, at press time. Its 24-hour sales rose 4% to $446 million. SHIB Coin holds a market capitalization of $5.8 billion to maintain its position as the second largest crypto meme in the world.