Despite the Black Friday drop, along with the COVID fear crash, cryptocurrencies are getting back on track including the trending meme-coin, Shiba Inu (SHIB). The meme crypto saw an exceptional rise in Whale accumulation, by more than 42 percent hike in the top 1,000 of the largest Ethereum wallets, with the total average SHIB balance maintaining over 2.5 billion Shiba Inu tokens, according to WhaleStats data. This further confirmed that the Whales are most definitely anticipating a bullish price momentum, especially for Dogecoin’s Rival, Shiba Inu in near future.
Furthermore, the average Shiba Inu value rose by nearly 40 percent, meanwhile its trading volume, that is determined by retail SHIB traders, fell by nearly 37%, which means traders are holding their Shiba Inu tokens, rather than selling.
Shiba Inu Metaverse Incoming
One of the biggest reasons behind the hike is said to be Shiba Inu’s Metaverse announcement. Last week, Shiba Inu team revealed that they have recruited Willi
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