{"id":490095,"date":"2022-05-10T02:42:11","date_gmt":"2022-05-10T02:42:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=490095"},"modified":"2024-06-11T07:47:49","modified_gmt":"2024-06-11T07:47:49","slug":"shiba-inu-biggest-dollar-holding","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-biggest-dollar-holding\/","title":{"rendered":"Shiba Inu: Biggest Dollar Holding Among Wealthiest Ethereum Whales"},"content":{"rendered":"
Shiba Inu (SHIB) currently has the largest dollar holding compared to the rest of 100 ETH whales.<\/span><\/p>\n In fact, CoinMarketCap has SHIB on their top 20 coins in the market cap category. Although SHIB seems to be gaining traction, this was quite the opposite a few days ago. Shiba Inu has suffered a major dip at only 216,260 transactions even though it has been listed by (HOOD) or Robinhood Markets Inc.<\/span><\/p>\n The total burn rate so far is at 31.71% or coming from the initial burned supply of 410,339,763,887,291 from SHIB\u2019s total supply of 889.660.236, 112,708.<\/span><\/p>\n Suggested Reading | Bitcoin Carnage Continues As BTC Disintegrates To $34K<\/a><\/em><\/strong><\/p>\n To everyone\u2019s amazement, SHIB has also made it to CoinMarketCap\u2019s coveted list at the 11<\/span>th<\/span> position. Basically SHIB is next to SOL which is currently in the 10<\/span>th<\/span> level and ahead of the APE on the 12<\/span>th<\/span> position.<\/span><\/p>\n Over the last 24 hours, Shiba Inu had a major price drop of 5.17% and a drop of 24.07% in the course of 30 days.<\/span><\/p>\n The current price of SHIB is now at $0.00001891 or roughly around 0.000000000545 BTC. More so, SHIB has a trading volume of $533,696,977 in a span of 24 hours. SHIB also has a current market cap of $10,385,504,641.<\/span><\/p>\n <\/p>\n The stock market is going strong but when you compare it to the crypto market, the gains of stocks would be minimal compared to the crypto space. Crypto has been going strong ever since the pandemic; going to as high as $1.6 trillion or a jump of 1,100%.<\/span><\/p>\n It\u2019s not just the kings of crypto Bitcoin and Ethereum that are driving the crypto market value up but also Shiba Inu (SHIB) which have been attracting new investors into the crypto space. The meme coin SHIB were on fire especially in 2021.<\/span><\/p>\nSHIB At No. 11<\/b><\/h2>\n
SHIB total market cap at $8.22 billion on the daily chart | Source: TradingView.com<\/a><\/pre>\n
Crypto Market Stronger Than Stock Market<\/b><\/h2>\n