Shiba Inu (SHIB), the 13th largest cryptocurrency by market cap has again become top token position by dollar value among the top 1000 Ethereum (ETH) wallets The meme currency has slid down to the third position amid a recent price crash in the market. However, the rise of SHIB token holding among Ethereum wallets indicates a growing whale accumulation.
The altcoin hit a new all-time high of $0.0000894 in October, a month that saw SHIB overtake Dogecoin (DOGE) in market cap. However, November and December have proven to be bearish for the meme currency despite a slew of recent listings and adoption in the retail market.
Over the past couple of months, SHIB was listed by the Kraken exchange towards the end of November, which helped the altcoin surge by 33%. It rose to a new monthly high of $0.000050 but lost most of the gains during the 30% market crash in December first week that wiped out nearly $500 billion from the crypto market. The altcoin was recently listed by BitPay for reta
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