Shiba Inu to become the new favorite among Ethereum Whales

Mar 4, 2022

Shiba Inu is a fan favorite across a diverse spectrum of investors. Not only is SHIB popular among young investors looking for their first break, but the dog coin is also a favorite among whales.

Shiba Inu was the most traded ERC-20 token among the top 1000 Ethereum whales, in the last 24 hours.

There is no question about SHIB’s popularity and demand. The Shib Army has constantly pushed the token on various social media platforms, and successfully so.

Shiba Inu is one of the most talked-about coins on Twitter, with a large number of fan pages as well.

SHIB is currently ranked 3rd in the top 10 holdings list on Whalestats. 587 billion tokens are held among the top 1000 Ethereum whales, worth a sweet $11.9 million.

SHIB also managed to enter the top 10 list of most used smart contracts. However, the token has since slid out from this list.