Bitcoin
BTC$26 284.93

0.40%

Ethereum
ETH$1 590.77

0.91%

Tether
USDT$0.999945

0%

Binance Coin
BNB$211.48

1.43%

XRP
XRP$0.503892

0.71%

USD Coin
USDC$1.000097

0.01%

Shiba Inu the largest ERC-20 holding among ETH whales


18 Nov 2021

#SHIBA INU

According to data from WhaleStats, the 1,000 largest ETH wallets hold $2.35 billion worth of SHIB combined, representing around 9% of the total market cap. New data suggests that Shiba Inu (SHIB) is the largest ERC-20 token holding amongst the top 1,000 Ethereum (ETH) whales. According to data compiled by WhaleStats looking at the Ethereum-based token holdings of the largest ETH wallets, SHIB represents 21.68% of the combined market share at $2.35 billion. The next highest asset in terms of holdings is Crypto.com’s native token CRO, representing 5.54% at $603.9 million.

According to data from Coingecko, SHIB is currently the eleventh highest-ranked crypto asset in terms of total market cap with $26.9 billion, suggesting that the ETH whales hold roughly 9% of all SHIB in circulation.

The fervent SHIB community has been on a mission to push crypto trading platforms such as Coinbase and Robinhood to list the asset. Its Change.org petition aimed at convincing them had received more than 530,000 signatures at the time of writing. Coinbase Pro listed SHIB back in late September. One popular brand that gave the idea of accepting SHIB for payments a decidedly cool reception is fast-food giant McDonald's who replied to a tweet from “ShibArmy1365” calling on the firm to accept “SHIB for payment, please”.

McDonald's wrote that “we appreciate hearing your interest and continuously evaluate the payments experience.”

Despite being the kind of non committal boilerplate brush-off corporate PR accounts tend to make, it didn’t stop the SHIB community from going into overdrive with the post receiving more than 500 retweets,1,400 likes and countless memes to boot.

While it is unclear how McDonald’s will proceed, SHIB adoption has ramped up across the board this month. Crypto payments firm Coingate revealed on Nov. 11 that it opened up SHIB support so that 500 of its merchants can accept SHIB payments. The Samsung-backed digital wallet providers ZenGo also added the beloved dog meme token to its platform on Nov. 17.

“Appropriate response to build the hype. Can’t wait for the future!” Shib Social responded, while “ISHIB” chimed in with “Let’s Call it a McShib!”

Shib stands strong

Amid the recent pullback across the crypto market that began around Nov. 11, SHIB has taken a minimal hit of 4.1% to sit at $0.00004854 at the time of writing. However, after reaching an all-time high of $0.00008616 on Oct. 28, SHIB is down 43.6%. While the price is on a downward trend, the asset’s popularity hasn’t waned, with the official SHIB Twitter account surpassing 2 million followers yesterday.


Related

Who Owns the Most Shiba Inu Coin?
Who Owns the Most Shiba Inu Coin?
SHIB price eyes 30% drop with Shiba Inu's massive triangle breakdown underway
SHIB price eyes 30% drop with Shiba Inu's massive triangle breakdown underway
AMC to accept Dogecoin, Shiba Inu online payments soon
AMC to accept Dogecoin, Shiba Inu online payments soon
Brothers who made millions on Shiba Inu back new metaverse game
Brothers who made millions on Shiba Inu back new metaverse game
Libertex adds a hot CFD pair as the crypto dog fight hots up
Libertex adds a hot CFD pair as the crypto dog fight hots up
Shiba Inu, Dogecoin, Cardano, and More Crypto in FBS
Shiba Inu, Dogecoin, Cardano, and More Crypto in FBS
One million Shiba Inu users can't be wrong... can they?
One million Shiba Inu users can't be wrong... can they?
Shiba Inu in danger of topping signal as SHIB price loses 50% in 3 weeks
Shiba Inu in danger of topping signal as SHIB price loses 50% in 3 weeks
Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 94.4% 4 $26 284.93 0.40% -1.58% $512 450 303 832 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 93.6% 6 $1 590.77 0.91% -2.61% $191 259 893 789 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $0.999945 0% -0.03% $83 203 336 292 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 93.6% 4 $211.48 1.43% -2.18% $32 535 832 612 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 89.2% 8 $0.503892 0.71% 0.08% $26 829 848 518 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000097 0.01% 0% $25 662 645 608 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 95.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Cardano (ADA) ADA Cardano predictions 90.4% 7 $0.246497 0.97% -2.26% $8 657 571 831 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 89.6% 6 $0.061028 0.22% -1.62% $8 614 628 399 DOGE 7 days price change
10 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86.4% 17 $0.083146 -0.31% 0.29% $8 453 971 571 WTRX 7 days price change
11 Solana (SOL) SOL Solana predictions 85.2% 23 $19.34 -0.18% -2.27% $7 984 181 258 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 88% 20 $0.084559 1.10% 0.67% $7 535 502 870 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 60% 80 $2.15 -2.42% -11.06% $7 377 709 332 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 93.2% 1 $0.999944 0.04% 0% $5 347 589 340 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 82.4% 23 $4.09 2.02% -0.27% $5 277 683 110 DOT 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.