According to the latest data shared by a major wallet tracker, the largest Ethereum whales have sold over 72.4 billion SHIB overnight. David Gokhshtein says that this altcoin project will rise to new heights during the next bull run.
Biggest whales emptied SHIB overnight
Whale-watching platform WhaleStats shared that since yesterday, the total balance of SHIB, which is in the hands of the 100 largest wallets in Ethereum, has decreased by approximately $600,000. This corresponds to 72,463,768,115 Shiba Inu in the current SHIB/USD pair. The whales currently hold a total of $48,082,449 in SHIB, compared to $48,697,308 on December 20.
However, the Shiba Inu remains in the top 10 list of these whales’ assets. According to the same data platform, the top 500 whales hold $2 million more SHIB than the first hundred wallets ($50,277,387).
Altcoin ranks 15th on CoinMarketCap
The second largest meme coin, Shiba Inu, has managed to regain the 15th position on CoinMarketCap. cryptocoin.com As you follow, it recently dropped from 14th to 16th place. Thus, as the market cap of SHIB rose, it moved one step closer to the list of top 10 cryptocurrencies. At press time, the altcoin is trading at $0.000008276, down 1.26% over the past 24 hours. Its current price is 90.63% below the historic high of $0.00008845 SHIB reached in October last year.
This altcoin better make a comeback!
David Gokhshtein, founder of Gokhshtein Media and podcast host, shared Shiba Inu again on Twitter. Gokhshtein hopes SHIB will rise to new heights during the next bull run. The famous politician predicted for the Shiba Inu to rise in the charts in the next bull run. In this context, Gokhshtein said that the altcoin “better make a comeback”.
It better.
— David Gokhshtein (@davidgokhshtein) December 21, 2022
Throughout the year 2022, Gokhshtein praised its ecosystem and the metaverse that is currently being built. In this direction, he gave tremendous support to the Shiba Inu. It also ‘forced’ the SHIB price to hit the $0.01 level in August. However, this saw the meme coin reach $0.001, not $1. This isn’t the first time the crypto influencer has shared his anticipation for SHIB’s rise during the next bull run. He said this about both SHIB and DOGE in a tweet in October.
It was first marked as the ‘DOGE killer’ when SHIB showed up in 2020. Gokhshtein commented on this this fall. He said he regretted not getting into SHIB completely as he was distracted by this ‘DOGE killer’ tag. Overall, according to his previous tweets, the main purpose of meme coins is to bring more new users to the crypto market and Bitcoin.
Shibburn project introduces new feature
Shibburn is apparently busy updating its website right now. One of Shibburn’s projects, called Shibburn Radio, shared with one of its advertisers that it had resolved a major issue with payments.
Now, it will continue to burn the SHIB. The website in question will have a search feature after the upgrade that will allow users to see exactly how many SHIBs they have burned with this particular project. According to Shibburn, the total amount of SHIB that went to the cremation wallet in the last 24 hours is 27,939,968 SHIB.
