Shiba Inu The Most Held Token Amongst Top 100 Ethereum Whales

Shiba Inu (SHIB) is the most held token among the top 100 Ethereum (ETH) whales once again.

SHIB flipped FTX Token (FTT) to become the largest dollar holding among the wealthiest Ethereum whales, according to Whale Stats, an on-chain whale tracker.

Despite the fact that the token has recaptured the top rank among Ethereum whales, the number of transactions has dropped dramatically. Despite being listed by Robinhood Markets Inc, the total amount of SHIB trades in April was only 216,260, according to Bloxy statistics (HOOD).

In related news, the total amount of SHIB burned from the starting supply is 410,339,763,887,291 with a total supply of 889,660,236,112,708 SHIB. The current burn rate is lowered by 31.71 percent.

SHIB is featured on CoinMarketCap's trending list, where it is presently ranked 11th. SHIB is now ranked 10th, behind Solana (SOL) and ahead of ApeCoin (APE), which is ranked 12th.

SHIB's price has declined 5.17 percent in the last 24 hours and 10,09 percent in the last week. In the last thirty days, the meme coin has likewise decreased by 24.07 percent.

SHIB is now trading at $0.00001891 (0.000000000545 BTC).

SHIB presently has a market capitalization of $10,385,504,641. The 24-hour trading volume for SHIB was $533,696,977. According to CoinMarketCap, this is down 2.67 percent from yesterday.

SHIB is also among the top 20 most valuable coins according to CoinMarketCap.