The meme coin is rising on the charts, proving critics wrong each time. The coin has been mooning ever since the start of October. And has been the top-performing meme coin in the space. SHIB enthusiasts have been running a canicross of sorts with their SHIB, which is nothing but the sport of cross country running with dogs. Similarly, SHIB Price has been running on the charts despite the odds.
SHIBA INU Is Marching Towards Another ATH
The doge-killer at press time is trading at $0.00004763 with gains of 22.9%. While the market cap is at $23,707,697,319. The trading volume for the past 24-hours hovers around $8,103,859,126. The digital coin hit its new ATH of $0.00004808, a few hours prior to press time. On the downside, the canine coin needs to stay above its support levels of around $0.000043 to $0.000042.
Meanwhile, the accumulation of whales has been on a steady uptrend. Earlier an anonymous whale had made purchases of 6 trillion SHIB and further went on to add another 276 billion a few days later. A lot of big buyers are currently stepping in, making huge purchases. As per a report, the number of holders is around 785,563. Out of which the top holder address holds assets valuing $19,314,750,567.55.
Netizens are optimistic about the coin reaching another ATH on the same day. Considering its current momentum. Hopefully, the meme coin might conquer its new ATH of 0.000050. Investors are buoyant of SHIB eating yet another zero, in near future. The coin is now holding its position of 11 by market cap ranking. With the same momentum, it could dethrone DOGE in days time.
Original Source :coinpedia.org