Tag: Shiba Inu news

Two whales that acquire roughly 1.2 trillion SHIB tokens together have bought a few other trendy coins to add to their portfolios. These investors, "Gimli" and "Bombur," have previously acquired substantial amounts of SHIB. Meanwhile, the acquisition of the second-largest meme coin continues as another major ETH whale has bought 57.9 billion Shiba. Read Also: Shiba Inu Disappears from Top 3 of Biggest Whale Holdings: Details SHIB whales buying LINK and APE Two whales whose wallets are named after characters in J.R.R. Tolkien's novels, "Gimli" and "Bombur," have been reported to be expanding their crypto holdings, adding other trendy coins to their riches. They have held over $1.1 million worth of these coins each.  "Bombur" has grabbed 55,...

While Shib has not been showing any massive price surges recently, large Ethereum whales continue to acquire it, taking profits on small rises in the exchange rate. Read Also: Shiba Inu Disappears from Top 3 of Biggest Whale Holdings: Details Thus, over the past two days, whales have purchased almost $4 million worth of this canine token. 175 billion SHIB bought by these top investors WhaleStats data platform, which tracks the largest wallets on several chains, including Ethereum and BNB Chain, has shared the details of two big purchases of the Shiba Inu meme token made earlier today and on April 27. Both transactions were made by the owner of the "BlueWhale0073" wallet, carrying 70 billion SHIB yesterday and a total of 100,469,653,862 Shiba earlier...

The most recent post from WhaleStats, which shares data about Shiba Inu's place on the market among the biggest whales on Ethereum, may have confused some users that used to see SHIB as the biggest USD-valued asset on the market. Read Also: SHIB Army Burns 1.6 Billion Shiba Within 24+ Hours as Coin Loses 3% In the most recent post, some users became confused as they saw Shiba Inu’s holding value staying at approximately $409 million, while the most recent data shared by cryptolifedigital suggested that SHIB returned to first place with approximately $1.4 billion held by the biggest addresses on Ethereum.  The confusion may have appeared because of different settings on the tracker's website. WhaleStats usually offers user data collected from the 500 biggest addresses on the ...

WhaleStats has spotted another massive Shiba Inu purchase on the cryptocurrency market as an anonymous whale purchases 70 billion tokens, which establishes SHIB's position as the biggest position among Ethereum whales. Read Also: Shiba Inu Burn Portal Gaining Traction with Holders Shortly After Launch As stated by the transaction page, a huge buy was made 13 hours ago and could have the capacity to have caused the most recent 3% price rise. The total USD-valued holding of Shiba Inu remains at $1.2 billion—the highest value of holdings since April. Lately, Shiba Inu’s first place as the largest USD-valued holding among whales was contested by FTX Token which, for a short moment, took first place, but thanks to the daily support of   SHIB by whale...

Shiba Inu's recently launched burn portal continues to gain immense traction barely 48 hours after launch. In the first 24 hours after its launch, the official SHIB Twitter handle had reported a whopping eight billion tokens being burned as SHIB owners burned their tokens en masse. Read Also: 219 Billion SHIB Bought by Major Shiba Whale as Token Spikes by 10% https://twitter.com/RealCryptoAngel/status/1518776345433673730 currently, reports indicate that more than 15 billion SHIB tokens have been burned since the portal started operations on Sunday. By destroying SHIB tokens, users permanently remove them from the circulating supply by transferring them to a burn address. In this way, it is possible to make the token a little more scarce, which could potentia...

More than eight billion Shiba inu(SHIB) tokens have been permanently removed from circulation over the last 24 hours with the help of a new burn portal, as stated in a recent tweet posted by the official account of the popular cryptocurrency project. Read Also: Kraken Obtains License to Operate in Abu Dhabi: Report https://twitter.com/Shibtoken/status/1518403481450680320 Burning is simply the process of sending tokens to a dead address. The burn portal is meant to make the process of removing tokens from circulation more organized. It was launched in partnership with decentralized finance project Ryoshi’s Vision (RYOSHI) last week. Apart from potentially boosting the price of the token by permanently reducing its circulating supply, the holders of Shiba Inu will also be able...

Shiba Inu is set to unveil the third and final stage of SHIB: The Metaverse land sale, which is the public sale event. The public sale event is set to commence after the initial 10 days of the bid and holder event, which represents the first two stages. In the open public sale event, everyone will be able to purchase the remaining available lands on the map, at a fixed price, and without needing to lock any of their ecosystem assets. Read Also: Shiba Inu and Dogecoin Now Accepted by AMC's Mobile App https://twitter.com/Shibtoken/status/1517216870419492865 Generally,  SHIB: The Metaverse will consist of 100,595 plots of land while some lands will remain locked as they represent key locations for travel within the Metaverse and stay private to be used as commo...