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3 Reasons Why Some Ethereum Whales Constantly Purchase Shiba Inu Tokens
Cryptocurrency

3 Reasons Why Some Ethereum Whales Constantly Purchase Shiba Inu Tokens

Following another huge buy of 50 billion Shiba Inu tokens, it is important to break down why exactly Ethereum whales or simply large cryptocurrency market participants are constantly buying up to trillions of SHIB tokens worth millions of dollars. Read Also: 50.3 Billion SHIB Bought by This Whale as SHIB Becomes Most Used Smart Contract Whales are trying to take control over the token According to WhaleStats, Shiba Inu remains the biggest USD-valued position among Ethereum whales with large wallets holding approximately $1.3 billion worth of SHIB. The desire of whales to take control over the asset's circulation on the market explains such strong dominance. Usually, a high concentration of supply in the hands of whales is taken "bullish" by crypto enth...
Shiba Inu and Dogecoin Now Accepted by AMC’s Mobile App
Cryptocurrency

Shiba Inu and Dogecoin Now Accepted by AMC’s Mobile App

The official mobile app of  AMC Theatres, the world’s largest movie theater chain, now allows users to purchase tickets with the help of Shiba Inu and Dogecoin, according to an announcement made by CEO Adam Aron. Users have to update their app to their latest version to pay with the two largest mem coins. Raed Also: President Biden to Nominate Michael Barr as Fed Vice Chair for Supervision As reported by U.Today, AMC finally added support for Shiba Inu and Dogecoin on its website in early March with the help of the leading cryptocurrency payment processor BitPay.  The company planned to accept the two cryptocurrencies towards the end of 2021 after Aron ran polls on Twitter to gauge demand. Dogecoin co-Founder Billy Markus has stated that the movie theater giant ...
SHIB Accepted by Delivery App, DOGE Pumps on Elon Musk’s Offer to Buy Twitter, ETH Surged Above $3,100: U Today Digest cryptolifedigital.
Cryptocurrency

SHIB Accepted by Delivery App, DOGE Pumps on Elon Musk’s Offer to Buy Twitter, ETH Surged Above $3,100: U Today Digest cryptolifedigital.

Shiba Inu now accepted as payment by delivery app Rappi Mexico Shiba Inu, along with other several cryptocurrencies, is now accepted by the Rappi Mexico delivery app. To support the new service, Rappi has joined with cryptocurrency providers Bitpay and Bitso, which will permit users to convert crypto into credits and use them to make purchases within the app. This recent act of meme cryptocurrency adoption has not been left unobserved by SHIB proponents, including @Shibainuart, a well-known SHIB community-dedicated Twitter user, who wrote that the initiative will grant more support for the canine coin. Dogecoin pumps on Elon Musk's offer to buy Twitter Read Also: Michael Saylor to Elon Musk: If You Can’t Buy All of Twitter, You Can Buy a Fraction of Bitcoin Elon Musk has ...
Shiba Inu said on fox News: SHIB Popularity in Turkey on the Increase
Cryptocurrency

Shiba Inu said on fox News: SHIB Popularity in Turkey on the Increase

Shiba Inu (SHIB), the second-largest and hottest meme token in the market, has been having needed attention lately. First with the much-anticipated listing by the major investing app, Robinhood. And now a special mention on Fox News Turkey. The recent update makes it the second big news coming from Turkey, after Mustafa Elitaş, the country’s former Minister of Economy, had a meeting with the Shiba Inu community in Turkey, which played out in March 2022. Read Also: The Ethereum Transaction Volume Was Overtaken By The Cardano Volume By The Six Times At A Present Value Of $42.1 Billion. Why Is Shiba Inu (SHIB) Trending? Shiba Inu has been seeing a major rise in popularity within the crypto community. A Series of projects is on the table, which the team has been lau...
Shiba Inu Achieves New Milestone as Whales increase Activities By 75%
Cryptocurrency

Shiba Inu Achieves New Milestone as Whales increase Activities By 75%

In the course of jubilation, a tweet was don on the SHIB Twitter account of a new milestone for the meme cryptocurrency community as Shibtoken’s official Instagram marks more than 150000 followers. The team behind the meme cryptocurrency then went on to appraise the SHIB community for its handful of support. https://twitter.com/Shibtoken/status/1511098351982309381 Per intoTheBlock data, Shiba Inu whales have been on their move in the previous 24 hours, with a 75% increase in large transactions, huge transaction spikes are usually associated with increased activity from institutional players or whales, who are either buying or selling. Read Also: The Crypto Market Has Been Under Selling Pressure Since, Fighting To Break Out To Sustain Its Bullish Period. According to IntoThe...