ShibDoge Replaces Shiba Inu as it Takes the Top Spot Among Top 100 ETH Whales!

The post ShibDoge Replaces Shiba Inu as it Takes the Top Spot Among Top 100 ETH Whales! appeared first on Coinpedia — Fintech & Cryptocurreny News Media| Crypto Guide

The unwarned collapse of the cryptocurrency market caused a lot of tension among the crypto whales which made them seek refuge in the meme coins.

In a shocking turn of events, despite recent developments by these meme coins, whales have been acquiring Shiba Inu (SHIB), ShibDoge, and Dogecoin (DOGE).

Shiba Inu (SHIB), the second-largest holding among whales, was flipped by ShibDoge today, briefly overtaking it in terms of dollar value.

Since the publication of the Shibarium upgrade at the end of June, Shiba Inu accumulation has increased among whales.

Leading Shiba Inu creator Shytoshi Kusama’s launches of the SHI stablecoin and TREAT incentive token have been able to keep the accumulating trend going this month.

However, according to today’s report from WhaleStats, ShibDoge has surpassed Shiba Inu (SHIB) to take the top spot among the top 100 ETH whales in terms of holdings measured in dollars. After a few hours, SHIB was able to retake the top spot in the largest Ethereum (ETH) whale wallets.

JUST IN: #ShibDoge @RealShibaDoge has flipped $SHIB for biggest holding by dollars among top 100 #ETH whales

Check the top 100 whales here: https://t.co/N5qqsCAH8j

(and hodl $BBW to see data for the top 5000!)#ShibDoge #SHIB #whalestats #babywhale #BBW pic.twitter.com/EzUedM3fk0

— WhaleStats — BabyWhale ($BBW) (@WhaleStats) July
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