The recent development revealed that Shiba Inu ranks among the five top gainers on Robinhood. The development came following the recent spike in the price of Shiba Inu, especially the past seven-day spike.
Robinhood places Shiba Inu In The 5 Top Gainers List
The development was shared by Robinhood via their Twitter handle, noting that Shiba Inu soared 18% this week to rank as the fourth cryptocurrency with the most gain on Robinhood. The leading canine-themed token was only behind Avalanche (AVAX), Ethereum (ETH), and Dogecoin (DOGE).
The Shiba is currently trading at the $0.00001168 point, having a spike of 17.3% in the past seven days. It is worth noting that Shiba Inu leverage the advantage of the recent market relief to put smiles on investors’ faces. It is worth noting that Shiba Inu recorded a series of positive events this week.
The whale has been so sensitive about the coin’s spike as they have been accumulating massively recently. For instance, a whale amassed a whopping 3.37 trillion SHIB tokens worth $37.46 million two days ago.
Furthermore, another whale took over a whopping 165 billion units of SHIB ($1.92 million).
According to the data from Etherscan.io, the biggest ETH whale made a transfer of a whopping 150 million SHIB to a Crypto.com-related address as Shiba Inu rebounded from a critical resistance level at $0.00001020 on the 4-hour chart.