Shiba Inu Is Appreciated By Most Top Investors
Shiba Inu worth a total of $75,289,824 are owned by the main five thousand most prominent Ethereum stakeholders and traders, according to WhaleStats. The top five thousand Ethereum whales’ holdings have been made public by whale analyst and tracker WhaleStats.
This year, on the 15th of November, SHIB coin was listed among the most prominent ones for the upcoming future. It is considered to be the most popular stock to be possessed by whale investors and trading. Really promising info was shown in the recent press reports from the company market analysis.
Future of crypto-world depends on altcoins
Altcoins and meme coins have become the most prominent and popular crypto-based assets to be stored by the investors and crypto enthusiasts. While the whole crypto market is declining, meme coins are showing a steady rise in such a difficult situation.
The MKR and UNI, apart from the SHIB token, are occupying in 2nd and 3rd places, respectively, with the total assets of almost 59 million dollars and a little more than 50 million dollars each.
The following are additional Whale assets: MKR, UNI, LOCUS, BIT, BEST, LINK, and CHZ. SHIB is also ranked really high in the present market statistics when looking at the top one hundred Ethereum whale investors.
Around eighty billion SHIB coins, worth more than seven hundred thousand dollars, were held by the top 100 ETH whales as of writing. The whale portfolio’s share of it is 3-point 35 percent. It appears from the report that Ethereum whales are very interested in meme coins.
The future of crypto-market
There are reportedly trillions of SHIBs that whales have bought and sold. Additionally, whales now engage in it frequently. The demise of the FTX empire had a significant negative impact on the cryptocurrency market. The CEO of the FTX stated that exchange’s failure was unexpected.
The cascading effect of declining exchange rates has taken its toll on the cryptocurrency market as a whole. Major coins have seen gains of one to two digits, though the marketplace appears to be recovering slowly. It is currently unknown whether the wave of FTX decline has stopped.
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