Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

DiutoCoinNews Markets

A Large Whale Wallet Investor Bought 74.9 billion Shiba Inu Tokens, As Shibaswap Concludes Sale of 10k NFTs

Share this:

The sale of 10,000 “Shiboshis” NFTs on ShibaSwap was recently concluded. For the first 24 hours, exclusively LEASH holders could buy the NFTs. 

The entire NFT collection sold out within 35 minutes of launch, and sources close to the meme coin have revealed that plans for a Shiboshi game are underway. The source believes that the Shiba Inu development team is in talks with a world-class AAA game studio for its game production. 

Though Shiba Inu initially gained popularity as the “Dogecoin-killer,” the meme coin has evolved in terms of its utility, jumping on the latest crypto trends. 

On October 14, SHIB price plunged, and the altcoin has now slipped to 14th position based on market capitalization. Over $600 million was wiped off of SHIB market capitalization within minutes.

During the recent dip, a large wallet investor bought over $1.9 million worth of SHIB. SHIB whales are buying the dip and accumulating the meme token ahead of its recovery. 

While SHIB holders are awaiting a rally, the cryptocurrency has plunged despite the latest updates in its ecosystem. 

SHIB was recently listed on Turkey’s oldest Bitcoin exchange BtcTurk. The exchange enables deposits and withdrawals at 12:00 PM UTC on Friday, October 15. 

The Change.org petition for listing SHIB on Robinhood garnered 250,000 signatures before closing. The commission-free exchange is yet to announce a SHIB listing on their platform. 

Copyright DiutoCoinNews

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from  DiutoCoinNews.


Your email address will not be published.