Shiba Inu is now the biggest investment of these whales after the second most popular coin – Ethereum
According to data provided by WhaleStats, SHIB is once again back as the largest holding of the top ETH whales behind Ethereum. This position was previously occupied by FTT (FTX Token).
This means that the Shiba Inu is now the largest investment by these whales after the second most popular coin – Ethereum. WhaleStats reports that the total amount of SHIB held by the top 1,000 ETH wallets is $1,459,250,776. For FTT, the second largest investment, for some time, is that these top whales are worth $1,215,547,517.
top 1000 #ETH catching a whale
$1,459,250,776 $SHIB
$1,215,547,517 $ftx token
$381,081,936 $best
$339,229,718 $MATIC
$312,504,404 $ mind
$298,756,096 $CHSB
$289,988,074 $link
$282,757,875 $ okbWhale leaderboard https://t.co/jFn1zIOq03
– WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 9, 2022
Crypto burn tracker @shibburn has announced that over the past 24 hours, a significant amount of SHIB tokens have been taken out of circulation – a total of 1,351,643,000 Shiba Inu. At the time of publication, SHIB is trading at $0.0000238, down 4.36% according to CoinMarketCap data over the past 24 hours.
Shiba Inu launches early access to land bidding program
As announced by the official SHIB Twitter handle, the first phase of the land sale in SHIB: Metaverse may be set to begin later this week.
Further explaining the details of the land sale in SHIB: Metaverse, the project states that there will be three phases. The first phase, which is the bidding event, marks the beginning of the engagement with Phase I of the Phase 1 release for the sale of SHIB: The Metaverse and its lands.
The bidding program is expected to last three days or 72 hours from the start and is the earliest access to certain plots of land. Prior to the three-day event, participants are expected to lock their leashes or their Shiboshi NFTs, while all bids will be made using Ethereum.
As previously covered by U.Today, Shibarium, Layer 2 (L2) on which SHIB: Metaverse will be developed, and SHI, the Shiba ecosystem, is currently in development. Shiberium is reportedly in the alpha phase and may soon move to the beta phase. The SHIB Burn Portal may also be entering the final stages of its development.