JAKARTA – The Shiba Inu Community or SHIB Army is known to be active in organizing social action. Not long ago, Shiba Inu (SHIB) main project developer and lead, Shytoshi Kusama uploaded a Twitter post asking the SHIB Army community to give a helping hand to the victims of the Turkey and Syria earthquakes.
Hence the Shiba Inu community is known for its solidarity and strong social action. As is known, the number of victims due to the earthquake that rocked Turkey has exceeded 5,000 people. Some are still trapped in the rubble of collapsed buildings in downtown Gaziantep.
Responding to this terrible news, Kusama called on the Shiba Inu community and especially the biggest crypto owners or Whales to help the victims affected by the earthquake.
"My hearts and prayers go out to #SHIBARMY in #Turkey and #Syria. Please write non-profits that accept #Shib in the comments so the whales can help!" wrote Shytoshi Kusama (@ShytoshiKusama), last February 6.
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Whales' Participation
Last week was an extraordinary week for Shiba Inu, one of the most popular dog-themed cryptocurrencies. SHIB recorded a 22.5 percent increase in the last seven days, due to the community's hope of positively responding to the plan to launch Shibarium. Another good news, SHIB's global market capitalization increased by 1.3 billion US dollars, from 6.9 billion US dollars to 8.2 billion US dollars.
Not only that, but the increase in the price of SHIB has also coincided with an increase in Ethereum (ETH) whale activity. Seven trillion Shiba Inu tokens have just been ruled by the whale, bringing the total number he holds to 8,749,145,591,250 SHIB. Currently, crypto memes are ranked 13th in the top 100 largest cryptocurrencies in the world. Now SHIB is trading at a price of 0.00001409 US dollars according to CoinGecko data.
According to the DailyCoin report, the increase in SHIB trading activity brings a bullish signal for the BONE token. After the developers confirmed that BONE will be the only Layer-2 token to come, the largest Ethereum (ETH) whales intend to accumulate as many BONEs as possible before the upgrade rolls out.
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