The Shiba Inu [SHIB] community was still celebrating the announcement of Shiberse, “an immersive experience for the ecosystem and the metaverse.” The ShibArmy had yet another reason to celebrate after SHIB climbed to the top of the top tokens purchased by 1000 biggest ETH wallets.
Shiba Inu certainly emerged as a top-tier cryptocurrency. Despite its dainty value, the meme coin continued to make it big with regard to popularity. Major firms entered the crypto-verse this year by onboarding prominent assets into their system. Most of them were time and again including the top ten or the oldest assets. However, SHIB managed to score a spot on prominent firms.
READ ALSO: Shiba Inu Whale Buys 500 Billion Tokens Worth $10 Million Today During the Dip
Moving over to its community, the meme coin was being purchased immensely by the 1000 biggest ETH wallets. Ethereum snagged first place. While only 63 ETH were bought by these wallets, it accounted for $147,087. Shiba Inu stood second with its average purchase amount at $73,440. Unlike ETH, the wallet owners bought a whopping 3,595,635,617 SHIB tokens.
Shiba Inu recovers with a 9% surge
The latest crypto market crash caused havoc. It not only gave rise to a series of McDonald’s memes but also made people believe that this was the end of certain coins. Similarly, SHIB dropped by a whopping 25% over the last couple of days. But now, the meme coin was headed towards recovery.
READ ALSO: Outlining India’s apparent obsession with Shiba Inu
The bulls were finally back into the crypto market. Painted in green, the crypto-verse rejoiced. Shiba Inu jumped onto the bullish wagon. The altcoin, during the time of writing, was trading for $0.00002099 with a 9.18% surge in the last 24-hours.
Additionally, the market cap of the coin took a major hit. While it was competing with its counterpart, Dogecoin [DOGE] for quite some time, the recent carnage pushed the altcoin way below it. Shiba Inu was ranked 14 and its market cap was noted at $11.55 billion.