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As stated by IntoTheBlock data, Shiba Inu’s large transactions have increased by nearly 68% in the last 24 hours. Large transaction spikes are usually linked with rising activity from institutional players,
Per IntoTheBlock data, Shiba Inu whales have been increasingly active in the previous 24 hours, with a 261% increase in large transactions.
Whalestat has brought forward that the Ethereum whale ranked 72nd on the scale of this crypto data service has amassed a huge chunk of Shiba Inu, adding to his stash of these meme coins, which already constitutes 1.14 trillion SHIB.
Shiba Inu developer Shytoshi Kusama has taken to Twitter to share his expectations for the coming weeks and months. In his words, he states,
David Goldstein, the founder of Gokhshtein Media and former U.S. congressional candidate, believes that Shiba Inu has a great model. He, however, feels that the next 12 months might be key for Shiba Inu
WhaleStats has reported that owners of two main Ethereum wallets have amassed a comprise 130.5 billion Shiba meme tokens
Memecoin Shiba Inu can formally be used to buy land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide for the holders of the utility.
Gucci, one of the popular fashion brands, will commence accepting Bitcoin, Dogecoin, Shiba Inu, and some other cryptocurrencies at chosen locations in North America, as stated by a report published by Vogue Business.
The team behind the popular meme coin Shiba Inu (SHIB) has revealed the dates for the rewards from the recently-launched burn portal.
Shiba Inu and other cryptocurrencies are now accepted as payments by luxury yacht charter and brokerage company Camper & Nicholsons via BitPay.
