Shiba Inu (SHIB) Remains Top Choice For Ethereum (ETH) Whales
As the untamed and endlessly brutal crypto bears refuse to leave the crypto scene alone, Ethereum (ETH) whales are accumulating their favorite cryptocurrencies for a fraction of the price. As previously reported, in such volatile market conditions, the popular Japanese guard dog-themed memecurrency Shiba Inu (SHIB) often spurs a wake-up call for the largest whales on Ethereum. Ultimately, the TOP 5,000 ETH whales already hold nearly $50bn in the highly popular canine coin. The top 5000 #ETH whales are hodling Besides, Bone ShibaSwap (BONE) also aroused interest from the heaviest investors. The gas fee token is often bought together with the leading coin of the Shiba Inu Ecosystem. Hence, it is no surprise that both aforementioned tokens are amongst the top picks for TOP 5,000 ETH whales. On top of that, the plunging crypto market has many brave crypto enthusiasts attempting to ‘buy the dip.’ According to data revealed by WhaleStats, SHIB is among the TOP 10 most purchased cryptocurrencies in the last 24 hours. $BONE @shibtoken now on top 10 purchased tokens among 500 biggest #ETH whales in the last 24hrs As the bear market escalates, the heaviest ETH whales take up a bigger part of the total holder count. According to recent statistics from IntoTheBlock, a whopping 80% of Shiba Inu’s holders are large whales who scooped up at least 1% of the total circulation. The canine memecoin is priced at $0.00000802, according to CoinGecko. The Japanese guard dog-themed crypto slithered by 11.8% monthly while also inking another 2.8% in the red for the last seven days. In addition, the popular memecoin can’t reclaim its key resistance line of $0.00001 since November 10th, 2022. Besides, the mega-popular memecoin is 90.7% down from its all-time high (ATH), set on October 28th, 2021. However, the community remains optimistic, as many exciting developments are expected to come through in 2023. That includes the highly anticipated Layer-2 upgrade – Shibarium. Bullish on $SHIB...Bullish on $BONE The two-year-old memecoin is perceived as a long-term investment by the top Ethereum (ETH) whales. Track the latest moves of Shiba Inu: Shiba Inu (SHIB) Main Developer Clarifies Shibarium Status, Teases New Partnership Shiba Inu (SHIB) Community Presents 12 Days of Christmas Short Stories
$46,818,479 $SHIB
$33,930,176 $BEST
$33,799,444 $MATIC
$32,349,626 $UNI
$27,116,280 $MOC
$26,608,483 #UnknownToken
$20,610,798 $cbETH
$20,435,332 $BTR
Whale leaderboard https://t.co/kOhHps8XBB pic.twitter.com/gBXRXRowzKShiba Inu’s BONE Arouses Whale Interest
B as $BONE pic.twitter.com/7zZKpjiX6MShiba Inu Slapped Around by the Bears
Bullish on you #SHIBARMYSTRONG pic.twitter.com/xoomp0pu33On the Flipside
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Read more: https://dailycoin.com/shiba-inu-shib-remains-top-choice-for-ethereum-eth-whales/
Text source: DailyCoin.com
