Crypto investor purchases 20 trillion digital coins, paying about $ 20 commission for the transaction
On the evening of November 7, an unknown person bought 20 trillion Shiba Inu tokens worth about $ 1.15 billion, according to data from the Etherscan service. The crypto investor paid a commission of $ 0.004 ETH ($ 19.5) for the transaction.
At 13:20 Moscow time on November 8, Shiba Inu is trading at $ 0.000058. During the day, the token has risen in price by 7.4%, and its capitalization has increased to $ 31.5 billion, according to Coinmarketcap. The asset ranks 11th in the list of the largest cryptocurrencies in terms of capitalization. In October, Shiba Inu has risen in price by more than 1000%.
The Shiba Inu token is called the "Dogecoin killer" by its creators. The project's website says that its main task is to surpass Elon Musk's favorite cryptocurrency in terms of capitalization. The developers of Shiba Inu claim to have been inspired by the example of the Reddit community WallStreetBets, whose members were able to "accelerate" the value of the shares of GameStop, AMC and a number of other companies.