Shiba Inu big holders in accumulation frenzy with 1.1 trillion SHIB buys ShibArmy SHIBCommunity $SHIB
Shiba Inu saw a surprising jump on Friday, reaching highs of $0.00000845. The gains were sustained until press time, with SHIB up 5.55% in the last 24 hours to trade at $0.00000821.
Shiba Inu trading volume is up a whopping 282% in the last 24 hours as traders surged into the market to profit. Because of the price increase, the dog-themed Shiba Inu asset has risen in the cryptocurrency rankings. According todata, SHIB is the 14th largest cryptocurrency, with a current market cap of $4.84 billion.
According to Santiment, the price increase for Shiba Inu might have been driven by big whale transaction surges. In an image attached to a tweet, Santiment noted that Shiba Inu saw a price surge at the end of the week with help from mid-tiers continuing their two-month-long accumulation.
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