InstaForex

October 5, 2021

What Happened, Shiba Inu Has Started Barking!

 Doge's crypto challenger Shiba Inu is waiting for investors who are expected to return to their heyday.


Shiba Inu has shown its positive performance in the trading session last week, producing a 15% jump to its latest high of $ 0.0000076 a few days ago. But recently, crypto shiba inu has rocketed to the price level of $ 0.00001018, a 25% increase in 24 hours.


For Shiba Inu collectors and fans, this price spike is good news for them. Based on PAC Protocol CEO David Gokhshtein’s sharing on Twitter, the crypto whale cluster has started collecting trillions of SHIBs since Thursday.



Another partnership informed that a group of whales had been buying Shiba Inu for the past two weeks. The largest purchase to date is worth $ 46 million, about six trillion SHIB. The same thing was repeated on Saturday when the whale group increased its holdings of SHIB by 276 billion.


This has happened several times when there were rumors that Shiba Inu was added by the eToro platform, which is listed by WeBull and Coinbase Pro, and in September, when Coinbase launched SHIB trading.


The latest SHIB crypto community expects that the Robinhood platform will also include SHIB crypto in their platform. One of the reasons is the platform’s announcement to start testing crypto wallets in October. In addition, a petition on Change.org asking for SHIB to be listed by the app team has collected nearly 200,000 signatures.