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The anonymous whale bought 6 trillion Shiba Inu tokens

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Shiba Inu is growing
Source: Shutterstock, Vladimir Kazakov

Project Shiba Inu represents a major competitor to the king of the meme coin DOGE. Demand for this token does not seem to be slowing down and is beginning to arouse interest among large players as well.

Shiba Inu arouses interest

A few days ago, the International Business Times reported that an anonymous whale bought on Thursday 6 trillion SHIB tokens and then added more 276 billion! That’s a really respectable number.

Of course, such a huge purchase was also influenced by the price development itself. The SHIB token increased during this time by 7%. At the time of writing, the price of SHIB was at 0.000009 USD.

The most interesting thing about a whale that bought SHIB tokens is that they are currently under the portal whalestats in the whale’s wallet finds exactly zero Shiba Inu tokens.

The main competitor for Dogecoin

Interest in this project began to grow significantly after the SHIB token was added to the platform eToro. Recently, the interest was fully expressed again, as the coin was placed on the platform Coinbase Pro and WeBull. It will be really interesting to watch this project, especially compared to the weakening Dogecoin.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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