Shiba Inu Becomes The Most Traded Crypto Token Between 100 Whale Ethereum

JAKARTA - Shiba Inu (SHIB), one of the most popular cryptocurrencies, is leading today's market by becoming the most traded crypto among the 100 largest Ethereum (ETH) whales. This is due to the Shiba Inu community, better known as the SHIB Army, which is preparing for the Shibarium launch.

SHIB @Shibtoken overturns $MATIC for tokenS MOST TRADING AMONG the top 100 #ETH whales announcement WhaleS (tracking crypto whales) (@WhaleStats), February 2, 2023.

The top holders estimate the Shibarium as a game changer and see an increasing trend of trading activity. For example, six trillion Shiba Inu tokens were transferred from Binance, according to Etherscan, and ten transactions were made to refill anonymous wallets with a total token worth 75,660,000.

At the time the news was published, the price of the Shiba Inu token was US$0.00001252 according to CoinGecko, recording an increase of 3.9 percent in the last 24 hours and 7.6 percent in the weekly period.

The community is also patiently waiting for an update on the Shibarium, which will bring the Bone ShibaSwap (BONE) token back to concern.

The SHIB Token development team confirmed that Bone ShibaSwap will be the only token used in Shibarium for gas fees. Currently, governance tokens for ShibaSwarium are trading at $1.49 according to CoinGecko.

"$BONE @shibtoken is now in the top 10 based on the trade volume among the largest 5000 #ETH whales in the last 24 hours," WhaleStats wrote, January 27, 2023.