Shiba Inu is a fan favorite across a diverse spectrum of investors. Not only is SHIB popular among young investors looking for their first break, but the dog coin is also a favorite among whales.
As per the data released by WhaleStats, SHIB has taken the top spot in 4 different categories.
Shiba Inu was the most traded token
Shiba Inu was the most traded ERC-20 token among the top 1000 Ethereum whales, in the last 24 hours.
There is no question about SHIB’s popularity and demand. The Shib Army has constantly pushed the token on various social media platforms, and successfully so. Shiba Inu is one of the most talked-about coins on Twitter, with a large number of fan pages as well.
Top 10 holdings
SHIB is currently ranked 3rd in the top 10 holdings list on Whalestats. 587 billion tokens are held among the top 1000 Ethereum whales, worth a sweet $11.9 million.
SHIB is only behind Ethereum and FTX in the top 10 holdings list. It is no surprise that Ethereum takes the top spot in this list, with 170,784 tokens worth $511 million.
FTX takes the second spot with 361,757 tokens, worth $17 million.
Shiba Inu among top 10 purchased tokens
Shiba Inu entered the top 10 most purchased list as well. With 495 million tokens purchased in the last 24 hours, the average amount bought among the Whales was worth around $12,482. SHIB came in at the 10th spot. Ethereum again took the top position in this list.
Most used smart contracts
SHIB also managed to enter the top 10 list of most used smart contracts. However, the token has since slid out from this list. But, going by the other metrics, SHIB should be back on this list once again.
USDC tops the list of most used smart contracts among Ethereum whales, with a 76% increase in the last 24 hours.