Spotlight

Shiba Inu Whale Buys 50 Billion Shib Coins As The Price Continues To Dip

shibarmy

Spotlight

Shiba Inu has been the darling cryptocurrency of Reddit and Twitter traders. It has given phenomenal returns this year but it seems like the momentum is now slowing down.

shibarmy

Spotlight

Shiba Inu is down almost 17% since the past week and this has presented a very good ‘buy the dip’ opportunity for many who believe in the future prospects of the Dogecoin-inspired meme-currency.

shibarmy

Spotlight

Recently, a Shiba Inu whale purchased Shib coins worth $1.8 million.

shibarmy

Spotlight

Buying 50 billion Shiba Inu tokens, the total holdings of the whale now account up to $59.6 million, which equals 1.67 trillion Shib coins in total.

shibarmy

Spotlight

This move comes after another whale purchased 100 Billion Shiba Inu coins on Tuesday as the price slumped amidst a wider crypto market sell-off.

shibarmy

Spotlight

The SHIB community, however, remains optimistic about the future of their favorite meme-coin. The biggest whale of Shiba Inu holds more than 410 trillion of the coin.

shibarmy

Shiba Inu Whale Buys 50 Billion Shib Coins As The Price Continues To Dip