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Shiba Inu’s Increased Usage Pumps Active Whale Addresses by 44%

 


Shiba Inu’s Increased Usage Pumps Active Whale Addresses by 44% SHIB Usage Increases




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The global surge in Shiba Inu use has resulted in a 44 percent increase in active whale addresses. According to WhaleStats, there was an increase in whale engagement with SHIB yesterday, which resulted in a jump in the number of active addresses.



SHIB was one of the most popular smart contracts among the top 2,000 Ethereum whales, according to WhaleStats. The total number of SHIB holders has already reached 1,178,315.


Shiba Inu has re-entered the top ten trading volume list.


Shiba Inu has reclaimed its place in the top 10 by trading volume, according to another extensive research by WhaleStats, which compared the 500 largest ETH whales in the previous 24 hours.

 


Shiba Inu is gaining popularity as the meme token world expands, but this digital asset moved rapidly to make SHIB useful. Several well-known businesses have added SHIB to their payment lists as a result of the tremendous community support, and it now enjoys the broadest support possible.


Edge, a non-custodial wallet with BitPay integration, is the most recent major to add SHIB to their payment list. As Shiba Inus have become more popular, a lot of big exchanges have begun to list them.


As of the present, Shiba Inu is available on 116 different crypto exchanges. The demand for SHIB has been constant. As a result, the numbers are projected to continue to climb. In January 2022, six different companies throughout the world announced that Shiba Inu will be listed on their platforms. In February 2022, two crypto exchanges welcomed SHIB.


The most prominent listing occurred in April when Robinhood announced that Shiba Inu will be listed on its marketplace, sending investors into a frenzy. The entire market appears to be bleeding right now, and SHIB is no exception. At the time of writing, it was trading at $0.000009366. It has dropped by 89 percent since its all-time high of $0.00008845.


 

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