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- Shiba Inu (SHIB), one of the best rivals, has moved from being Ethereum whales’ seventh-largest holding to their second-largest holding.
- Shiba Inu holdings among Ethereum whales have increased recently, but 69 percent of those who own the 15th-largest crypto asset by market value are either underwater or losing money on their investments.
The Grand Comeback by The DOGE Rival
As the cryptocurrency market makes a tiny comeback, Ethereum (ETH) whales are aggressively expanding their holdings of a Dogecoin (DOGE) competitor. Shiba Inu (SHIB), one of the best rivals, has moved from being Ethereum whales’ seventh-largest holding to their second-largest holding after a gain in their holdings of well over 580 percent from $736,000 to over $5 million in less than 24 hours, according to a transactions tracker.
Other cryptocurrencies that rank among the top 10 holdings of the top 100 Ether whales, in addition to stablecoins and Ethereum, are Polygon (MATIC), a scaling solution for Ethereum, the native token of the decentralized virtual world Decentraland (MANA), and the utility token of the Cronos (CRO) ecosystem. Shiba Inu has increased by around 6% in the past day and is currently trading at $0.00001139.
Time For Stats Class
Shiba Inu holdings among Ethereum whales have increased recently, but 69 percent of those who own the 15th-largest crypto asset by market value are either underwater or losing money on their investments. At the present pricing, just 27% of Shiba Inu owners are making a profit, while 4% are breaking even.
About 26% of Shiba Inu owners have had the cryptocurrency for more than a year, while 70% have had it for between one and twelve months. 4% of Shiba Inu owners have only had the cryptocurrency for a month or less.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
