The leading meme coin shiba inu (SHIB) gave good news to its community, stating that it has reached significant levels and its usage area has expanded.
The Shiba Inu, whose price has been fluctuating for some time, lights a succession of small red and green candles. As a matter of fact, according to the news, SHIB is the most traded by whales. cryptocurrency it happened.
Shiba Inu has finally regained its top-traded token position for the largest hundred whales on Ethereum. The most valuable tokens in dollar terms are respectively; UNI became stETH and SHIB. Currently, these wallets hold 5,539,064,777 SHIB with a cumulative value of $44,666,060. This represents just over 2% of their portfolio.
Although SHIB fell off the list from time to time, it somehow managed to maintain its position. However, many things have changed in the ecosystem, including the rate of burning, in the intervening time. In recent months, the burning rate has dropped drastically.
Overall, approximately 80 billion dollars have been contributed by the SHIB community this year. meme coin removed from circulation. Despite this, the Shiba Inu’s burn rate has remained above 85% in the last 24 hours. Although this development was proportionally high, the token burned represented an amount of 1,024,814.
Shiba Inu Community Continues to Grow
As we have reported as Koinfinans.com, the total number of users of Shiba Inu has increased by approximately 2,000 people in the past 48 hours.
According to the screenshots shared by the Shibaburned Twitter account, the growth of the SHIB community reached 2,600 users in total on December 28 and 29.
However, Shiba Inu data on the WhaleStats website shows that the total number of SHIB users is currently 1,275,166. This means more users are added.