According to the renowned blockchain data tracker, WhaleStats, in the last 24 hours, MATIC was surpassed by SHIB as the most traded cryptocurrency among the top 100 ETH holders.
Major Ethereum investors are becoming more interested in Shiba Inu, according to data from WhaleStats. The total value of SHIB owned by the top 100 holders of ETH is a whopping $631,233,793 ($631.23M).
The main developer’s indications about the probable release of the Shibarium Layer 2 solution beta version have stoked this growing interest. Shibarium’s most recent update was shared by Unification XFUND, who indicated that they are moving swiftly toward a future launch with the Shiba Inu team.
Read more: Analyst Forecasts Shiba Inu Price May Rise to $0.000017
Furthermore, Shiba Inu’s influence is increasing to new heights. The London Lions basketball squad recently joined forces with BitPay, the world’s premier crypto payment service provider, to make it possible for their supporters to buy products and match tickets with SHIB tokens.
The aforementioned changes resulted in the price of Shiba Inu beginning to rise. Shiba Inu has now surged 17.66% during the last week, according to CoinMarketCap. Shiba Inu currently trades at $0.00001408, up 12% from the last day, and has a 24-hour trading volume of $1,031,010,707 ($1.03B).
