According to the latest data shared by a major wallet tracker, the biggest Ethereum whales have sold over 72.4 billion SHIB overnight. David Gokhshtein says that this altcoin project will hit new highs 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 amid the presence of these whales. According to the peer-to-peer data platform, the top 500 whales have more than the first hundred wallets ($50,277,387) at the cost of $2 million, SHIB.
Altcoin ranks 15th on CoinMarketCap
The second largest chest coin, Shiba Inu, has managed to regain the 15th position on CoinMarketCap. It recently dropped from 14th to 16th place. Thus, as the market price of SHIB rose, it moved one step closer to the top 10 list of cryptocurrencies. At press time, the altcoin is trading at $0.000008276, down 1.26% in the last 24 hours. Its current price is 90.63% below the historic high of $0.00008845 SHIB reached in October last year.
It would be appropriate if this altcoin made 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 hypothesized for the Shiba Inu to rise in the charts in the next bull run. In this context, Gokhshtein said for the altcoin, “it would be nice if it made a comeback”.
Throughout the year 2022, Gokhshtein praised its ecosystem and the metaverse that is currently being built. Accordingly, he gave the Shiba Inu tremendous reinforcements. It also ‘forced’ the price of SHIB to reach the $0.01 level in August. However, this saw the chest 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 altogether as he was distracted by this ‘DOGE killer’ tag. Overall, chest coins’ main aim is to bring more new users to the crypto market and Bitcoin than their previous tweets.
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 valuable issue with payments.
Now, it will continue to burn the SHIB. After the website upgrade, there will be a search feature that will allow users to see exactly how many SHIBs they have burned with this particular project. According to Shibburn, the SHIB measure that went to the cremation wallet in the last 24 hours is a total of 27,939,968 SHIB.