• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Backed by ETH “whales”, the Shiba Inu (SHIB) price tag sets the new ATH

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The price tag of the Shiba Inu “dog coin” (SHIB) continued its extraordinary development on October 27 soon after “whales” have been reported to have purchased a further 276.six billion tokens.

Backed by ETH “whales”, the Shiba Inu (SHIB) price tag sets the new ATH

On the morning of October 27, the Shiba Inu coin (SHIB) jumped to USD .00004960 on the Binance exchange, near to the ATH record on this exchange of .00005000 set on May ten, 2021.

Related articles

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

May 20, 2024
Avalanche (AVAX) price is among the few altcoins that have dropped sharply

Avalanche (AVAX) price tag is amid the couple of altcoins that have dropped sharply – Bitcoin News 2024

April 16, 2024
1D chart of the SHIB / USDT pair on Binance at ten:thirty am on October 27, 2021

However, in accordance to information from a lot of important cryptocurrency stats internet sites this kind of as CoinMarketCap, SHIB’s latest price tag is currently the new ATH, as they only rallied SHIB in May peaking at $ .00003503.

SHIB price tag motion from the starting of 2021 to the current, CoinMarketCap screenshot at ten:thirty am on October 27, 2021

With the new price tag, Shiba Inu has turn into the 11th biggest cryptocurrency in the planet with a industry capitalization of $ eleven.five billion, positioning itself over a lot of other major-title tasks this kind of as Terra (LUNA), Uniswap (UNI), Chainlink (Website link), Avalanche (AVAX). However, SHIB even now has a extended way to go if it is to overtake Dogecoin (DOGE), the latest No. one “dog coin” with a industry capitalization of $ 34 billion.

Market capitalization of SHIB at ten:thirty am on October 27, 2021. in accordance to CoinMarketCap

Additionally, on October 24, SHIB astonished the crypto neighborhood when it recorded a 24-hour trading volume of $ 14.five billion, surpassing $ 14.three billion in Ethereum (ETH).

SHIB had huge development in October, jumping 589% in significantly less than thirty days. Shiba Inu’s upward momentum started with the recovery of the cryptocurrency industry, Bitcoin (BTC) as it regained the $ 50,000 mark earlier in the month, which was then fueled by posts from billionaire Elon Musk.

He thinks the Tesla boss’s statement “don’t invest SHIB” would have ended the bullish cycle of this “dog coin”, but new information and facts appeared on October 25 that manufactured Shiba Inu traders restless. Specifically, it is that an Ethereum (ETH) whale invested up to $ eleven.five million to invest in just about SHIB 276.six billion.

🐳 ETH balena has just bought 276,592,553,073 $ SHIB tokens ($ eleven,510,207)

Transactions: https://t.co/RJzmaAtvAw#SHIB #SHIBA #ShibArmy #ShibaArmy

– WhaleStats.eth – ideal 1K ETH wallets (@WhaleStats) October 26, 2021

According to Coinlive’s observation, SHIB investor sentiment is at this time incredibly constructive, most of them consider the Shiba Inu price tag will carry on to rise. However, it really should be mentioned that most SHIB traders determine it as a “junk” coin, rising thanks to the standard sentiment of FOMO, but not owning a strong technological basis and long term possible. To master far more about Shiba Inu’s historical past and latest ecosystem, study this write-up.

Synthetic currency 68

Maybe you are interested:


Join the chat group Coinlive Chats Let’s examine sizzling subjects of the DeFi industry with Coinlive admin group !!!


Maybe you are interested:

Tags: ATHbackedETHInuPriceSetsSHIBShibaWhales
Share76Tweet47

Related Posts

Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly

by shark
June 2, 2025
0

Japan's Metaplanet has acquired 1,088 more Bitcoin for $117.7 million, positioning it among the top ten global holders.

Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak

by shark
June 2, 2025
0

The Bitcoin ETFs experience a net outflow of $157 million, ending six-week inflow streaks, reflecting shifts in investor sentiment due...

Nervos Network’s Force Bridge Compromised in $3M Hack

by shark
June 2, 2025
0

Cyvers Alerts reported a hack on Nervos Network's Force Bridge, compromising over $3 million in assets on June 2, 2025.

BitoPro Hack: $11.5 Million Lost in Taiwan

by shark
June 2, 2025
0

BitoPro, Taiwan-based crypto exchange, suffered an $11.5M hack in May 2025, with user fund impacts reported.

US Congress Moves to Introduce New Crypto Legislation

by shark
June 2, 2025
0

US Congress advances CLARITY Act for digital asset regulation, affecting crypto markets and investor confidence.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly
  • Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak
  • Nervos Network’s Force Bridge Compromised in $3M Hack
  • BitoPro Hack: $11.5 Million Lost in Taiwan
  • US Congress Moves to Introduce New Crypto Legislation
  • Singapore’s MAS to Curb Overseas Crypto Activities by 2025
  • Metaplanet Acquires 1,088 Bitcoin, Total Reaches 8,888 BTC
  • Metaplanet Acquires Additional 1,088 Bitcoins
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7