Shiba Inu (SHIB) Records Trillions In Whale Accumulation

Shiba Inu (SHIB) prices soar almost 10% as whales accumulate trillions of SHIB tokens amid a possible partnership with the World Economic Forum.

The crypto market saw a massive recovery as whales grabbed the opportunity to buy the dip. Whales accumulated over 1 trillion Shiba Inu tokens in the last 24 hours, with trading volume also reaching to trillion. The move comes as the World Economic Forum invites Shiba Inu to work together as part of metaverse (MV) global policy.

As a result, the SHIB price soars almost 10% in the last 24 hours, with the current price trading at $0.0000090.

Shiba Inu Soars 10% Amid Massive Whale Accumulation

Shiba Inu’s core developer Shytoshi Kusama in a tweet on November 23 announced the World Economic Forum wants to work with Shiba Inu. Thus, Shytoshi Kusama created a poll to let the community decide whether Shiba Inu should work with the World Economic Forum on metaverse policy.

“We would be at the table with policy makers and would help shape global policy for the MV alongside other giants like FB (bye Zuck), Sand, Decentraland etc. And please don’t ask my opinion, you already know.”

Almost 63% have voted to work with the World Economic Forum, citing reasons such as increasing adoption and opportunity for SHIB. Meanwhile, most community members agree to first finish work on the Shibarium upgrade.

The move saw whales accumulating trillions of SHIB tokens. Recently, a whale scooped up over 432.30 billion SHIB and another whale added 1.29 trillion SHIB tokens.

Moreover, there have been a total of 134,952,334 SHIB tokens burned in 10 transactions in the past 24 hours. In fact, a single burn of 127,821,443 SHIB tokens was reported by ShibBurn.

Author: Varinder Singh

Article: https://coingape.com/top-crypto-token-records-trillions-in-whale-accumulation/