shiba inu (SHIB) continues to move as the long-awaited Shibarium launch date approaches. While the developers did not give a clear date for the launch, they announced that the beta network will be launched very soon. While the announcement made SHIB and BONE prices move, Ethereum whales flocked to the SHIB token.
Whales Affect Shiba Inu Price
According to WhaleAlert, the Shiba Inu became the largest asset in dollar terms among the top 100 ETH whales. SHIB took the top spot, surpassing Staked Ethereum (stETH). This accumulation of whales clearly reflects the excitement among whales.
Koinfinans.com As we reported, the first 100 whales hold approximately $69.5 million worth of tokens until January 13, 2023. However, these SHIB assets have now totaled approximately $176 million. Top ETH whales have amassed $107M worth of SHIB in just 3 days.
SHIB Price Up 22%
meme coin The price of Dogecoin has increased by more than 22% in the last 7 days, while the price of Dogecoin has increased by about 15%. The recent Shibarium Beta launch has led to SHIB gaining an edge over DOGE.