Spotlight

71% Shiba Inu Crypto Tokens Are Held In Ten Wallets Alone

crypto

Spotlight

The world of cryptocurrencies have been the talk of the town lately.

crypto

Spotlight

One ‘memcoin’ that stood out during the hype was Shiba Inu coin, also known as SHIB.

crypto

Spotlight

It even overtook it’s rival Dogecoin and became the ninth most valuable cryptocurrency in the world.

crypto

Spotlight

Howevere, this does not mean there are no concerns regarding Shiba Inu.

crypto

Spotlight

Shiba Inu is owned by 872,382 wallets in total. But guess what? Ten wallets amongst them own 72% of all SHIB tokens.

crypto

Spotlight

The top whale wallet alone owns 41% of SHIB supply which equates to $21 Billion in value. The second wallet owns 7% of total supply which is worth close to $3 Billion.

crypto

71% Shiba Inu Crypto Tokens Are Held In Ten Wallets Alone