Cryptocurrency

Shiba Inu Coin: BNB Whale Acquires 139 Billion Shiba Inu Coin, Burn Rate Up by 652 Percent.

According to data shared by WhaleStatsBSC on Twitter, the whale ranked number one on BNB whaleStats acquired 139,929,254,883 SHIB or $4,232,859 worth of Shiba Inu on the 13th of February.

The data further revealed that Shiba Inu Coin is the most traded or purchased coin by the top 1000 whale in BSC-based Cryptocurrencies.

Whales are gradually accumulating more of the meme coin. whaleStats reported that a new SHIB whale joined the league last week by acquiring 3.4 billion SHIB worth $115.9 million.

In the last 24 hours 301,271,130 million SHIB has been burned out of circulation, increasing Shiba Inu burn rate by 652 percent. At press time, a total of 410,302,546,995,416 SHIB has been sent to a dead wallet address and taken out of circulation. A total of 549,111,476,011,922 SHIB coin is currently in circulation.

In another tweet, WhaleStatsBSC revealed that Shiba Inu Coin ranked first in the list of top 10 most purchased Cryptocurrencies by top 1000 Binance Smart Chain (BSC) whale transactions on Monday.

At press time Shiba Inu Coin is on the 14th spot of digital assets with $17.09 billion in market capitalization, to trade at $0.00003108 per SHIB coin.

The meme coin is up by 4.78 in the last 24 hours. However Shiba Inu is still down by 64.86 percent from it’s all-time high of $0.00008845 it traded October, 2021.

Temitayo Olukoya

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Temitayo Olukoya

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