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SHIB Holders Breaches 1.3 Mln; Emerges As ETH Whales Top Choice

SHIB, a meme cryptocurrency created in August 2020, has gained ground tremendously over the past few weeks. This newfound momentum has been triggered by extended hype on the project’s plans to launch Shibarium and other factors. Hence, Eth whales are notably taking advantage of Shiba Inu’s growth during this time.

According to WhaleStats, the 100 largest ETH whales on record now hold a staggering 506,011,531,298 SHIB worth $7,180,303. This puts it ahead of Ethereum (12,463) and even the stablecoins USDT and USDC which make up 6,739,791 and 5,683,886 of the holdings of these whales, respectively.

SHIB is priced at $0.00001421 at the time of publishing, up 0.93% in the last 24 hours and more than 20% in the past seven days. With a nearly 67% of price surge in the last 30 days, this meme coin has managed to outperform its main rival Dogecoin (DOGE) which was up by 23%.

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