"It's best to have competition, there's no such thing as sitting in the comfort zone."
The second largest memecoin Shiba Inu (SHIB) which successfully launched Shibarium Layer-2 has finally been beaten by cryptocurrency DAO Curve (CRV) in becoming the most traded digital asset by top 500 whales Ethereum (ETH).
Not only that, CRV also reached the position of the top 10 tokens bought among the 100 biggest ETH whales in the last 24 hours and got the attention of the top 2000 ETH whales.
Although the price of CRV climbed by 70% past the level of $0.9119, its market capitalization still cannot beat SHIB which has $5 billion while the token distribution in the market is almost 549 trillion.
SHIB surprised the market today with a surge past $0.00001200 continuing the positive momentum compared to last year as the price continued to shrink as whales sold off some of the memecoin holdings.
Meanwhile, CRV's price movement has always climbed since the beginning of the year when it advanced 6% in the last 24 hours and its market value is $1 billion.
On the other hand, SHIB and BONE's surge in the last few weeks has caused the community to get excited about the Shibarium Beta launch.
And it should be noted that most whales are still interested in investing in SHIB even though it lost its position as the most traded token following memecoin, it is still the top 10 token bought by the 100 biggest whales ETH.
