The last days in the world cryptocurrencies? Shiba Inu and once again Shiba Inu. What is happening can easily be called madness. The number of SHIB token intakes has also increased, which exceeded the limit of 800,000.
Also read: Shiba Inu Dogecoin – what is the significant difference and who is the real winner?
Shiba Inu rules the market
It increased in 24 hours 32,405 watches token SHIB. DOGE’s main competitor thus exceeded the 800,000 mark for the first time.
The 10 largest hodler are about 72.04% of the total. However, one wallet stands out. The owner of this address purchased $ 8,000 SHIB tokens last year. The result? Current value $ 5.7 billion. And all in about 400 days.
This wallet bought roughly $ 8,000 of $ SHIB last August.
It’s now worth $ 5.7 billion.
From $ 8,000 to $ 5.7 billion in roughly 400 days.
We may actually be looking at the greatest individual trade of all time. pic.twitter.com/LtdgQ83bKP
– Morning Brew ☕️ (@MorningBrew) October 27, 2021
You might be interested in: Twitter chief Jack Dorsey expressed the positive prospects of his project with BTC
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Demand is growing, stock markets are collapsing
The dog hype was able to shut down one of the largest for a few hours cryptomenic stock market Coinbase and according to the latest reports, this exchange was not alone. This situation is very similar to that of May. This time, however, it is not about Dogecoin, but about its biggest competitor.
Demand is simply unbearable. The SHIB token has even reached more than 1 million tweets in the last 24 hours. It has thus become the most discussed topic on Twitter.
Disclaimer: This article is for information purposes only and should not be construed as investment advice. Markets are unpredictable and without sufficient knowledge, trading is a gamble. We are not responsible for any losses. Market movements are difficult to predict, so we recommend considering the risk of trading on the stock exchange.
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