Shiba Inu Becomes Second-Most Held Cryptocurrency by Top-100 Ethereum Wallets

Shiba Inu (SHIB) has surpassed FTX Token (FTT) as the second-most held cryptocurrency after Ethereum (ETH) by the top-100 Ethereum wallet addresses.  The post Shiba Inu Becomes Second-Most Held Cryptocurrency by Top-100 Ethereum Wallets appeared first on BeInCrypto.

Timeline of Ethereum, Shiba-inu

A blog post from Shiba Inu gives an update on ecosystem developments per ‘Riyoshi's Vision.' Riyoshi is the project's anonymous founder who claims to hold 0 $SHIB tokens, as doing so would affect his judgment and decision-making.

The top 1,000 Ethereum ($ETH) whales are currently holding nearly $900 million worth of the meme-inspired cryptocurrency Shiba Inu ($SHIB), making it their largest holding beyond Ethereum's native currency. According to data shared by whale monitoring service Whale Stats, the top 1,000 ETH whales are holding onto $989 million worth of SHIB, with FTX's $FTT

The Shiba Inu ecosystem has been experiencing regular network updates, courtesy of its developers. Just a few weeks after the conclusion of the first and second phase of land sale on the Shiba Metaverse, lead developer Shytoshi Kusama outlined developments that are expected on the network in the near future via a blogpost.

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a spike and increased to $0.00001780, from $0.00001371; on May 10, 2022, SHIB/USD lost momentum and obtained a massive decreasing movement.

Ethereum price analysis is bullish today as we have seen another strong push lower being met with a reaction higher above the $2,100. Therefore, bulls are sending a strong signal that retracement will follow over the rest of the week.

The pseudonymous lead developer of the meme-inspired cryptocurrency Shiba Inu ($SHIB), Shytoshi Kusama, has updated the cryptocurrency's community on a deal he has said would “break the internet,” noting many are unaware it's happening right in front of them. Earlier this year during an Ask Me Anything (AMA) session on Twitter spaces, Kusama said the

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu is ranked #15 on CoinMarketCap after taking a 25% hit to its value as an asset in the past week. The losses that the asset is posting on the charts are likely to

L2 Labs' ZKSpace has announced the launch of its groundbreaking transaction batching tool designed to make it possible for users to send up to 60 ERC-20 token transfers with just a single transaction. The first-of-its-kind Batch Payment tool leverages ZK-Rollups…

A total of 324,735,210 Shiba Inu (SHIB) tokens were destroyed in the past 24 hours in just about 27 transactions. The idea of burning SHIB simply means the tokens are being taken from the circulation supply and locked in a dead wallet, which is supposed to create somewhat scarcity for the second-largest meme cryptocurrency.

A popular crypto analyst is digging into the charts as the markets try to recover from a rocky start to the week. The pseudonymous analyst known as Altcoin Sherpa tells his 175,400 followers that leading smart contract platform Ethereum (ETH) has already fallen back to its January lows in the $2,100 range. “Interesting observation for The post Crypto Analyst Says Ethereum Showing Strength, Updates Forecasts for Top ETH Rivals appeared first on The Daily Hodl.