SHIB’s counterattack: Only one step away from Doge

In the past two days, SHIB has once again relied on its own strength to return to the attention list of users in the currency circle.

After the price soared in just a few days, SHIB successively hit record highs. As of press time, SHIB 24H has increased by 28.0%, and the 7-day increase has reached 92.2%. The latest price is 0.00005439 US dollars.

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According to CoinGecko’s data, the price of SHIB hit a record high of $0.00005463 earlier today. It is currently the 11th largest cryptocurrency in the world. It should be known that its market value ranking just jumped to the 20th place on October 10. With its market value exceeding 27 billion U.S. dollars, the total market value of SHIB surpassed Bilibili (26.2 billion U.S. dollars), Japanese automaker Nissan (19.9 billion U.S. dollars) and other companies.

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The sharp rise of SHIB is inseparable from the promotion of giant whales.

American R&B star Jason Derulo revealed on Wednesday that he also holds SHIB (Shiba Inu). He said that he was one of those lucky enough to buy SHIB in the early days.

An anonymous cryptocurrency account purchased 276.6 billion Shiba Coins on Monday night, spending a total of approximately $11.5 million. This purchase brings the total amount of Shiba Inu Coins held by this cryptocurrency “Giant Whale” to 316.5 billion, worth about 15 million U.S. dollars.

In addition, according to @WhaleStats monitoring data, an encrypted whale purchased 6.1787 billion SHIBs (valued at US$43.83 million at the time) on September 30. Later on October 2, the same encrypted whale received 276 billion SHIB in three times (116 billion, 159 billion and 1 billion SHIB respectively). These transactions were completed within a few hours.

In addition, the price change of SHIB has a certain relationship with Robinhood.

On the 19th of this month, according to financial media First Squawk Twitter news, sources said Robinhood plans to include Shiba Inu (SHIB) on its platform. However, this news has not been verified.

It is worth remembering that SHIB has launched Robinhood’s competitor Public. The petition calling for Robinhood to list SHIB has received more than 250,000 signatures.

Facts have proved that SHIB has not only won the favor of users, but also has become more abundant in ecological construction. According to Ultrasound.money data, in the past 30 days, the SHIB chain transfer and destruction fee was about 3323 ETH , with a total value of about 14 million US dollars.

SHIB's counterattack: Only one step away from Doge

Since the date of birth, SHIB is considered to be the dog coins (encryption currency market capitalization ranked ninth) derivatives tokens within SHIB community, it is called a currency dog killer. Today, this dream is only one step away.

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Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/shibs-counterattack-only-one-step-away-from-doge/
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