Meme accumulation - whales bought 2,500,000,000,000 Shiba Inu per day

Shiba Inu and his Level 2 Shibarium solution did not leave indifferent even institutional investors. The latter began to accumulate huge amounts of this meme-token. Cryptocurrency monitoring service Whale Stats reports that over the past 24 hours, the largest investors have bought Shiba Inu in huge quantities. The amount of tokens they bought exceeded 2,500,000,000,000 tokens, which is more than $30,325,000 at the current rate.

In terms of the number of tokens, Shiba Inu is one of the three most popular coins among holders. According to Whale Stats, the meme token is second only to the main altcoin represented by Ethereum (ETH) and the most popular stablecoin Tether USD (USDT).

At this point, it is clear that Shiba Inu is generating a lot of interest due to the Shibarium update. The developers intend to take the transaction speed to a new level after the blockchain moves to the second level. Thanks to this, using Shiba Inu tokens will become even more comfortable.

One of the main developers of Shiba Inu, who is published on Twitter under the nickname Shytoshi Kusama, spoke on social networks that at the moment the transition of Shiba Inu to the second level is in the very last stages. Very soon the blockchain will switch to the beta version of Shibarium. Some users are expecting an update on February 14th and are trying to connect the Valentine's Day holiday with what the Shiba Inu developers will have to offer on this day.

In January, Shiba Inu followed the rest of the cryptocurrency market and also showed good growth. The last week was marked by a 20% price increase for the meme token. Bone Shibaswap, the token that will be used in Shibarium's settlements, hit a four-month high of $1.5.