SHIB whales continue aggressive accumulation of their favorite meme cryptocurrency
- $31 million worth of SHIB has been added to wallets
- Shibarium expected to be launched on Valentine’s Day
Data provided by the WhaleStats wallet tracker shows that over the past 24 hours, the Ethereum chain’s top whales have greatly increased their Shiba Inu stash, adding trillions of meme tokens to it.
$31 million worth of SHIB has been added to wallets
According to WhaleStats, the USD value of Shiba Inu, the second most popular meme coin in terms of market cap, rose from $578,489,756 to $624,917,962 in the last 24 hours.
That means their collective SHIB supply has increased by 2,534,750,613,246 Shiba Inu. This keeps the memecoin in third place among top holdings, after Ethereum and the USDT stablecoin.
Image via WhaleStats
Shibarium expected to be launched on Valentine’s Day
As previously reported by U.Today, Shiba Inu lead developer Shytoshi Kusama added text to his bio on Twitter, indicating that the final steps to launch the Shibarium beta version are now being taken.
In that text, he mentioned a “heart-shaped box” in which to showcase Shibarium to the community. Many prominent SHIB accounts took this vague clue as the exact date of the release — February 14, Valentine’s Day.
— Shibarium (@ShibariumGems) January 20, 2023
Due to this news, both the SHIB and BONE tokens increased in price. SHIB is up almost 6% in the last 24 hours and it is now trading at $0.00001211.
BONE is the token that will power transactions on Shibarium, it surged to a local high of $1.5 and also added new users to a total of more than 28,000.