Dogecoin killer shiba inu, has recently experienced a serious loss in value. SHIB Despite this loss of value, it quickly attracted the attention of whales and huge purchases were made at the price that saw the bottom.
SHIB, which decreased its market value with a huge number of $ 600 million after the last drop, attracted the attention of a large investor. Whale investor bought 74.9 million Shiba Inu coins. On the other hand, ShibaSwap successfully completed the sale of 10,000 NFTs.
Another good news for the Shiba Inu community is Turkey’s pioneering cryptocurrency BtcTurk, one of the stock exchanges. In a statement, BtcTürk stated that deposit and withdrawal transactions with SHIB will be active on their exchanges.
The Shiba Inu currently ranks 14th in the market capitalization ranking.
The moment everyone has been waiting for, the announcement on the upcoming #shiboshis release is here!
Join us on Discord for more information #ShibArmy! pic.twitter.com/6crWJCVa9L
— Shib (@Shibtoken) October 13, 2021
The NFT collection, which was released, was sold in just 35 minutes. Sources close to the SHIB community stated that there are plans for the Shiboshi game in the future. According to the source, the Shiba Inu development team is currently in contact with the AAA grade game studio to develop a game.
Although the Shiba Inu initially gained popularity as the “Dogecoin killer”, memecoin has bypassed the latest crypto trends and has managed to thrive in different areas.
On the other hand, Shiba Inu lost the big rally on 14 October and started to decline. After this depreciation, SHIB lost $600 million from its total market value; on the other hand, it seems to have attracted a great deal of attention from whales. During these falls, a whale bought $1.9 million worth (about 74.9 billion SHIB).
Although the Shiba Inu ecosystem has received good updates recently, it has lost its value. Although BtcTürk’s listing of SHIB and opening transactions as of 12:00 on October 15 is considered a great development, there is no serious improvement in the price of SHIB for now.
An audience that wanted SHIB to be listed on Robinhood started a petition via Change.org and collected more than 250,000 signatures. Robinhood exchange, which does not receive commissions, has not yet shared any developments regarding SHIB.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.