Unknown person purchased 171 billion "meme" digital coins. Transactions were noticed by WhaleStats
On November 17, an unknown crypto investor conducted two transactions to purchase the "meme" cryptocurrency Shiba Inu. In total, a large cryptocurrency holder bought 171 billion tokens worth about $ 8.3 million. The transactions were noticed by the WhaleStats service, which tracks large movements of digital currencies.
Last week, the number of Shiba Inu holders reached a record high of 970,000. Since mid-October, the number has grown by more than a third. Last month, the Shiba Inu token has risen in price by more than 1000%. Now the asset is ranked 11th in the list of the largest cryptocurrencies in terms of capitalization ($ 26.4 billion), according to the CoinGecko service.
On November 7, an unknown person bought 20 trillion Shiba Inu tokens worth about $ 1.15 billion. The crypto investor paid a commission of $ 0.004 ETH ($ 19.5) for the transaction.
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.