Why SHIB Is Back in Top 3 Holdings of Major ETH Whales

Shiba Inu shib/usd The most held crypto under the top 100 is back Ethereum ETH/USD whale ahead of the much anticipated shiberium launch.

What happened: According to whalestats, SHIB ranks third among the other holdings of the top 100 ETH whales. The average amount of SHIB at the time of writing is $5.3 million.

it comes ahead of the much anticipated shiberium launch. Shiba Inu Key Developer shyotoshi kusama Posted a post on Shiberium on Monday. In it, he compares the shiberium to a sturdy pine tree that, with the right care—”water, sunlight, and proper soil”—will survive even the harshest winters.

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In a separate blog post, the team behind SHIB stated that Shiberium is beta. about to launchAnd presented some basic concepts to provide clarity to the community.

According to the blog post, through this layer 2 blockchain, Shiberium aims to bring faster transaction speeds, lower costs, larger production possibilities and enhanced security to the world of decentralized finance. Being built on the Ethereum blockchain, Shiberium requires the tokens of SHIB, LEASH and bone BON/USD Its layer 2 blockchain is put to use.

price action, Shiv was trading at $0.00001051, down 2.42% over the past 24 hours. According to Benzinga Pro.

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