Why Shiba Inu (SHIB) Price Can Surge Again?

2 min readFeb 15, 2022

There is so much going on for the Shiba Inu (SHIB) community to send the coin to the Moon. BNB whale has purchased around 139B Shiba Inu tokens while Steven Cooper has announced that his company will burn 240 Million SHIBs in a scheduled event. On the other hand, SHIB has officially announced a new upcoming Twitter Spaces AMA event.

Crypto whales buys over 139 Billion coins

Crypto whales are not stopping to show their love for the meme coin. In a big, a Whale Investor bought 139,929,254,883 SHIBs (139B) worthen over $4.3 million on the Binance Smart Chain-based PancakeSwap.

At the time of the purchase, the SHIB price was trading at an average price of $0.00003026, however, due to certain corrections in the Bitcoin, Shiba Inu (SHIB) has also plunged a bit.

A BNB whale just bought 139,929,254,883 $shib ($4,232,859 USD).

Ranked #1 on WhaleStats: https://t.co/M6Nd6S3u0F

Transaction: https://t.co/BXxW5dyLdz #SHIB #ShibArmy

— WhaleStats — the top 1000 BSC richlist (@WhaleStatsBSC) February 13, 2022

As per WhaleStats, Shiba Inu has overturned Polygon (MATIC) to become the most traded coin by 1000 largest Ethereum wallets. Data revealed by the WhaleStats, the top ETH whales hold over 54.640 Trillion SHIB tokens which are worth around $1,722,780,849.