Wednesday, November 30, 2022
HomeCrypto NewsMarketShiba Inu Becomes Most Traded Token By Top 1000 ETH Wallets After...

Shiba Inu Becomes Most Traded Token By Top 1000 ETH Wallets After Latest AMA Session

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Shiba Inu (SHIB) Becomes the Most Traded Token by Top 1000 Ethereum Wallets amid Bullish Announcements during the latest AMA Session.



The latest bullish announcements during the recent AMA session organized by Watcher Guru Make the Shiba Inu token the most traded among Ethereum (ETH) whales.

Watcher Guru scheduled Shiba Inu’s AMA session on February 21, 2022.  Almost all the Shiba Inu team was present, including the lead developer of SHIB, Shytoshi Kusama.

During the AMA session, the team made the following two major announcements to make the Shiba Inu ecosystem stronger than ever.

  • Shiba Inu decided to launch its own Burn Portal.
  • Shiba Inu has acknowledged a total of 99,000 lands for its Metaverse. (Shiberse). Thirty-five thousand lands were reported to be released first through a 10-day ‘land event,’ and only LEASH holders will be given the first access to view, bid, and purchase these SHIB lands. The Shiba Inu team will later release the second batch of lands that will be open to everyone, not just LEASH holders.

Shiba Inu’s team further confirmed that all three ecosystem tokens, including SHIB, BONE, and LEASH, will have a use case in Shiberse.

Following this news, Ethereum whales rush to trade SHIB tokens, Shib manages to flip Uniswap (UNI) to become the most traded token by 1000 biggest ETH wallets in the last 24 hours, as per data provided WhaleStats.

Shiba Inu’s price surges over 5% for the day, and at the time of writing, it is trading at $0.0000251 per token. However, the 24-hours trading volume for Shiba Inu plunges 38.98% to $1,268,316,651.27 compared to the previous trading session.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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