The popular meme coin Shiba Inu (SHIB) seems to have gained momentum recently. Meanwhile, a whale came to the fore with the purchase of a loaded SHIB. A whale bought $1 million worth of SHIB, according to WhaleStats, which shares whale data.
Whale uploaded to popular meme coin project
Due to the fact that the amount in their wallets is above a certain level, the movements in the addresses of the investors who received the title of whales are followed with interest in the crypto money field. An Ethereum whale named “Gimli” has bought 24.6 billion Shiba Inu, according to the latest data from WhaleStats. This purchase amounted to $1.09 million at the time. The wallet holds a total of $59 million in SHIB.
At the time of writing, the Shiba Inu has taken a leap forward, performing 24.4 percent in the last 24 hours, reaching $0.00004906. The coin, which is in the eleventh place with a market value of $ 26.9 billion, has experienced a 13.5% increase in value in the last 7 days. Still, it is trading 42.9 percent below its all-time high (ATH) of $0.00008616, which it reached on Oct.
In the last week, there have been many developments in the altcoin. cryptocoin.com As we have also reported, online retail giant Newegg has announced that it will accept SHIB for payments. Also, the leader of the Shiba Inu project, named Shytoshi Kusama, explained that the team is “preparing to make a very impressive entry into the gaming world.” Finally, Kraken, one of the oldest and most respected crypto exchanges in the world, announced that it will list SHIB on November 30.
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