- more than 4.5 trillion meme coinhas been transferred by the biggest crypto whales on Ethereum in the last three days. This Shiba ecosystem coin has seen an increase of up to 90 percent in the past few days.
WhaleStats, the tracking platform that tracks the largest wallets on Ethereum, BSC and several other blockchains, has recorded 855 billion of the 100 largest whales in ETH in the past three days. Shiba Inu (SHIB) He said he bought it.
Also, a dazzling 3.3 trillion Shiba Inu were transferred by anonymous wallets a few days ago.
Whales transferred 4.35 trillion SHIB
According to the latest data published on the WhaleStats website, in the past three days, the largest Ethereum wallet holders have added a total of 855,614,973,262 Shiba Inu worth $9.6 million.
Koinfinans.com As we previously reported, on September 21, the SHIB stash of giant wallets totaled $125,152,623 in Shiba Inu tokens. As a result of these purchases, the amount of these meme cryptocurrencies has increased to SHIB worth $134,767,965.
Also, three days ago, the two anonymous wallets exchanged 3,305,315,050,342 SHIB, valued at $37,019,528. On the day of the transfer, this amount was $2 million less than the value of this stash in fiat currency.
However, in the past 24 hours, the Shiba Inu meme coin has rallied more than 8 percent to as high as $0.00001147. However, the price is down 2.5 percent so far and the meme cryptocurrency is trading at $0.00001118 on the Bitstamp exchange.
BONE up 87% due to Shibarium Launch and these new updates
One of the Shiba Inu’s native cryptocurrencies Bone ShibaSwap (BONE)On Thursday, September 22, it rose 20 percent to reach its intraday high of $1.37. As the launch date of Shibarium’s public beta testnet approaches, investors have also increased the buying pressure on the token and BONUS price It continued to trade in an uptrend. If that’s okay, the testnet is expected to be up and running by the end of this month.
At the beginning of the week, BONUS price It peaked at $1.77 and is up as much as 87 percent over the past 30 days, now trading at a 70 percent gain from last month. As a result, those who invested in BONE last month nearly doubled their portfolios during the week. BONE price has been rising since July 2022, and in less than a month, it rose from $0.48 to as high as $1.10.
BONE’s price chart is still trading in the green and if it can sustain this momentum, it is likely to trade at $2 before the end of next week. The BONE price has doubled in the last three months, providing investors with huge returns on investment.
Shibarium testnet launch and BONE price increase
BONE will be the management token of the Shibarium layer-2 network. According to Unification xFund, the company that created the network, the documentation of the layer-2 network will be ready next week and the BONE token will serve as gas fee on the Shibarium network. This will make the BONE an excellent use case in the Shiba Inu community.
However, the exact date for the launch of the Shibarium network is not yet clear. The SHIB team has only announced that the launch will be this month, and investors hoping to get an early entry position before the Shibarium launch date are also preparing for it by purchasing more BONE tokens. Investors believe that the BONE price may continue to rise as the token will have a use case on the Shibarium network.
As a result, the price increase will result in higher returns for these investors. According to current news, BONE will continue to see buying pressure until the SHIB team announces the launch date of the layer-2 network.
According to the latest data, BONE is currently trading at $1.47 and has increased by about 3 in the last 24 hours. However, the token is still 90 percent lower than its peak price of $15.50 set in July 2021.
Earlier in the month, the SHIB team announced a cap of 230 million for BONE tokens, thus preventing further printing of the BONE token. While the maximum supply of BONE is still 250 million, the remaining 20 million will be used for gas and Shibarium validators. The recent stock market listing news was also one of the reasons BONE achieved a significant increase in price last month. BONE was one of the top earners in crypto last month.
You can follow the current price action here.
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.