Check Out the Best Meme Coins as Whales Buy 62B $SHIB in the Dip
Shiba Inu ($SHIB) may be down right now, but it’s definitely not out, as heavyweight traders rush in to buy the dip. The recent 62B $SHIB movement has helped push the coin’s price up, which had dropped sharply in the past few days. Currently listed among the top 20 cryptocurrencies, $SHIB is hinting at a […]
Related News
Ethereum whales have always been big on meme coins. Coins like Shiba Inu and Dogecoin have gotten massive love from these whales who hold a good chunk of the ETH supply. Even through the downtrends, these whales have continued to show love for these meme coins and they have not deviated from it. In the […]
On-chain data shows that Shiba Inu diamond hands are holding on to their coins despite the meme coin’s underperformance in recent times. This comes as SHIB bulls eye a new all-time high (ATH), with the meme coin potentially reaching $0.00009. Shiba Inu Holders Are Refusing To Sell Despite SHIB’s Underperformance Glassnode data shows that Shiba Inu’s holder retention rate is currently at 96%, having been on an uptrend over the last thirty days. The metric tracks the percentage of addresses that have held SHIB over the past 30 days. An uptick indicates that holders aren’t selling but....
Shiba Inu continues to receive a reasonable level of attention from crypto investors, prominently from whales who continue to hold and buy large quantities of SHIB. This time around, the meme coin is being gobbled up by one of the largest whales, which already holds hundreds of millions worth of coins. The sheer size of […]
Shiba Inu first appeared on the scene as a joke-coin in 2020, aimed squarely at the top dog of the time Dogecoin. The meme coins uccessfully marketed its way to the position while avoiding rumors of a fraud and what appears to be a slow but steady start Shiba Inu Slumps 5% At press time, SHIB was down 5%, along with DOGE and other large cap crypto currencies, as the global cryptocurrency market cap fell to $2 trillion. SHIB/USD price slumps 5%. Source: TradingView At the time of publication, SHIB was one of the most popular coins on Twitter. According to Cointrendz data, it received 2,320....
The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, SHIB has made a hit with the dip. One of the top Ethereum whales has pitched up to the leading meme tokens, Shiba Inu, to buy the dip. Reports from Whalestats revealed that an ETH Whale address known as BlueWhale0113 purchased over 321 billion of the....