{"id":15480,"date":"2021-12-21T14:48:53","date_gmt":"2021-12-21T13:48:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=15480"},"modified":"2021-12-21T14:49:02","modified_gmt":"2021-12-21T13:49:02","slug":"shiba-inu-rises-10-amid-4-trillion-inflow-from-ether-whales","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/shiba-inu-rises-10-amid-4-trillion-inflow-from-ether-whales\/","title":{"rendered":"Shiba Inu rises 10% amid $4 trillion inflow from Ether\u00a0whales"},"content":{"rendered":"\n
Shiba Inu<\/a> ($SHIB), the popular meme currency, has risen by 10% in the last 24 hours after an Ether ($ETH) Whale contributed 4 trillion SHIB, or $136 million.<\/h5>\n\n\n\n
\"Shiba<\/figure>\n\n\n\n

Tokens went green overnight as the crypto market slowly recovered from a brief bear market. Surprisingly, Dogecoin's offspring, SHIB\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, outpaced the OG crypto, Bitcoin ($BTC), with just a 6% increase, and Ethereum with a 5.7 percent increase in the last 24 hours.<\/p>\n\n\n\n

Shiba Inu is the “highest traded and largest hodling token among the top 1000 ETH <\/a>wallets,” according to WhaleStats' Twitter handle.<\/p>\n\n\n\n

Looks like whales are really hungry for\u00a0#SHIB\u00a0\ud83d\udc33\ud83d\udc33<\/p>

\ud83e\udd73 An ETH whale added 4T\u00a0$SHIB\u00a0($136M) in the past 24hrs \ud83d\udc49\u00a0https:\/\/t.co\/DCjI0wd9vF<\/p>

\ud83c\udfc6\u00a0$SHIB\u00a0is most traded and biggest hodling token among the top 1000 ETH wallets#ShibArmy\u00a0RT if u always think\u00a0$SHIB\u00a0is the King \ud83d\ude09\u00a0pic.twitter.com\/hOsa99etTl<\/p>

\u2014 WhaleStats \u2013 the top 1000 Ethereum richlist (@WhaleStats)\u00a0December 21, 2021<\/p><\/blockquote>\n\n\n\n

SHIB has already demonstrated its supremacy among top ETH wallet holdings. Shiba Inu recovered the top spot among the top 1000 Ethereum (ETH) wallets by dollar value last week. After falling to third place due to a series of price drops, it rose again, indicating a committed and continually expanding whale collection. <\/p>\n\n\n\n

SHIB has retained its position since then, with a concentration of 7.71 percent and a market capitalization of over $1 billion at the time of reporting.<\/p>\n\n\n\n

\"\"
Source: WhaleStats.com<\/em><\/figcaption><\/figure>\n\n\n\n

Shiba Inu's Social Media Trends<\/h2>\n\n\n\n

The token's social media supremacy is also highlighted in Shiba Inu's remarkable market report. According to a recent WhaleRumour analysis, the hashtag ‘#SHIB' was the most discussed in a 24-hour period last week. It went on to become “the most discussed hashtag during a 72-hour period,” continuing the trend.<\/p>\n\n\n\n

Shiba Inu was trading at $0.000032 at the time of writing, with a market valuation of $17,72,06,50,228 and a 24-hour trading volume of $1,97,21,70,504, putting it at number 13 on CoinMarketCap's website.<\/p>\n\n\n\n

With its establishment in the commercial business and collaboration with notable industry players, SHIB is on its road to becoming a market leader. This year, SHIB teamed with industry behemoths like AMC, the world's largest movie theatre chain, which now accepts Shiba Inu payments<\/a>. Along with AMC, Newegg, the electronic retail behemoth, just announced on Twitter that it will now take SHIB payments for its items.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu ($SHIB), the popular meme currency, has risen by 10% in the last 24 hours after an Ether ($ETH) Whale contributed 4 trillion SHIB, or $136 million. Tokens went green overnight as the crypto market slowly recovered from a brief bear market. Surprisingly, Dogecoin’s offspring, SHIB , outpaced the OG crypto, Bitcoin ($BTC), with […]<\/p>\n","protected":false},"author":13,"featured_media":15482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,21],"tags":[6127,5555,6126,5612],"class_list":["post-15480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-news","tag-ether-2","tag-ethereum-3","tag-shib-price","tag-shiba-inu-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/image-183.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/15480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=15480"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/15480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/15482"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=15480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=15480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=15480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}