Shiba Inu Usage Increases Whale Addresses by 44%

The global surge in Shiba Inu usage 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 position in the top 10 by trading volume, according to another extensive research by WhaleStats, which compared the 500 largest ETH whales in the last 24 hours.

Shiba Inu is expanding the meme token universe, but this digital asset made SHIB usable immediately. Due to strong community support, some famous shops have added SHIB to their payment lists, giving it the largest support possible.

Edge, a non-custodial wallet with BitPay, is the latest to accept SHIB. As adoptions rise, more exchanges list Shiba Inu.

Today, 116 crypto exchanges list Shiba Inu. SHIB demand hasn’t decreased. Thus, further growth is projected. Six companies worldwide said Shiba Inu would be listed in 2022. In February 2022, two exchanges accepted SHIB.

In April, Robinhood announced it will float Shiba Inu, prompting investor hysteria. The market is bleeding, including SHIB. It’s presently worth $0.000009366. From $0.00008845, it’s fallen 89 percent.

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