Shiba Inu

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A crypto whale is abruptly moving a staggering amount of Dogecoin (DOGE) competitor Shiba Inu (SHIB) in one massive transaction.
According to new data from blockchain search engine Etherscan, the deep-pocketed trader moved 1.29 trillion SHIB worth about $12 million at time of writing from one unknown wallet to another.

Etherscan reveals the transaction took place about 16 hours ago and cost just $0.75. The high-net-worth investor drained the wallet the SHIB was in and moved it to another wallet that now solely contains the meme asset.
The shift in tokens comes after a drop in the number of crypto wallets holding SHIB. Data from Etherscan also finds that the number of digital asset wallets that contain Shiba Inu has dropped from 1,283,133 to 1,251,233.
Previously, it was reported that most holders of the dog-themed crypto asset were underwater, along with investors of other prominent digital assets, such as king crypto Bitcoin (BTC), leading smart contract platform Ethereum (ETH), layer-2 scaling solution Polygon (MATIC), and BTC alternative Litecoin (LTC).
However, it was found that 57% of all DOGE holders were in the green.
Shiba Inu is changing hands for $0.000009 at time of writing, a fractional gain on the day but a 44.4% drop from its 30-day high of $0.000013 set on November 4th.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/AvDi/WindAwake
The post Mysterious Whale Moves 1,296,926,801,221 Shiba Inu (SHIB) in Massive Crypto Transaction appeared first on The Daily Hodl.


A crypto whale is abruptly moving a staggering amount of Dogecoin (DOGE) competitor Shiba Inu (SHIB) in one massive transaction. According to new data from blockchain search engine Etherscan, the deep-pocketed trader moved 1.29 trillion SHIB worth about $12 million at time of writing from one unk...

dailyhodl.com

Mysterious Whale Moves 1,296,926,801,221 Shiba Inu (SHIB) in Massive Crypto Transaction

Crypto insights firm IntoTheBlock finds that the majority of those invested in leading meme token Dogecoin (DOGE) are in profit while holders of other large crypto assets are weathering losses.
At time of writing, 57% percent of all DOGE holders are in profit, while 37% are underwater and 6% are breaking even.

On the contrary, the majority of Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Polygon (MATIC) and Litecoin (LTC) holders are all nursing losses.
At time of writing, DOGE is changing hands for $0.092, up nearly 15% in the 24 hours. However, the leading meme token remains down over 87% from its all-time high. Volatility for DOGE is also up over 200% in the last 30 days, according to IntoTheBlock.
A recent survey conducted by the crypto education site CoinKickOff found that Dogecoin holders were among the least “stressed” out of all digital asset investors. According to the survey, DOGE holders were ranked in 28th place as the least stressed out.
Holders of FTT, the native token of the recently bankrupted crypto exchange FTX, were ranked as the number one most stressed-out cohort of investors as of November 17th.
Holders of stablecoin Tether (USDT), Bitcoin, Cardano (ADA), XRP and Ethereum followed FTT holders in terms of most stressed out, in that order.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/jamesteohart/MrArtHit
The post Most Dogecoin Holders in Profit As Bitcoin, Ethereum, Shiba Inu, Polygon Investors Nurse Losses: IntoTheBlock appeared first on The Daily Hodl.


Crypto insights firm IntoTheBlock finds that the majority of those invested in leading meme token Dogecoin (DOGE) are in profit while holders of other large crypto assets are weathering losses. At time of writing, 57% percent of all DOGE holders are in profit, while 37% are underwater and 6% are ...

Most Dogecoin Holders in Profit As Bitcoin, Ethereum, Shiba Inu, Polygon Investors Nurse Losses: IntoTheBlock

Shiba Inu has partnered up with the crypto travel booking website Travala to launch an exclusive special offer for SHIB holders.
Shiba Inu Holders Can Now Get $25 In Free Travel Credits On Travala
As announced by SHIB in a tweet, Travala has released an “exclusive special” in partnership with the memecoin.
With this new offer, all holders of Shiba Inu are eligible to claim $25 in free travel credits on the booking website.
Users simply have to head to the link provided by the SHIB twitter handle, and create a new account or sign in with an existing one to avail the credits.
Travala is a popular blockchain-based travel booking website that allows users to book hotels, flights, and activities using various payment methods, including cryptocurrencies. The platform is backed by Binance, the largest crypto exchange in the market by trading volume.

The exclusive special offer from Travala and SHIB, live now | Source: Shiba Inu On Twitter
The booking website currently accepts a wide variety of cryptocurrencies as possible payment options, including (but not limited to) the likes of Bitcoin, Ethereum, Tether USD, and Litecoin.
In May of last year, Dogecoin got ahead of its rival in becoming the first memecoin to be added to Travala’s listings.

However, it wasn’t long before Shiba Inu also made it, as the travel platform started taking payments in SHIB during last December.
Travala also launched a home-rental service as a competitor to Airbnb last year, called Dtravel. Naturally, the platform also supports crypto-based payment options.
SHIB Continues To See Downtrend, Falls Down To 15th In Top Crypto List
Shiba Inu has been having a bad month so far as the FTX crash has delivered a significant blow to the memecoin.

At the time of writing, SHIB’s price is trading around $0.00000896, down 1% in the last week. Over the past month, the crypto has lost 12% in value.
Here is a chart that shows the trend in the price of the memecoin over the last five days:

The value of the crypto seems to have observed an almost full recovery out of the plunge from a few days back | Source: SHIBUSD on TradingView
While cryptos across the market have suffered from the effects of the FTX collapse, SHIB has been especially weaker compared to the other top coins.
As a result of this lower strength, the memecoin has now lost its place as the 13th largest on the market cap list, dropping two positions down to the 15th spot.

Looks like Litecoin and Solana have overtaken the memecoin | Source: CoinMarketCap
Featured image from Ferhat Deniz Fors on Unsplash.com, chart from TradingView.com


Shiba Inu has partnered up with the crypto travel booking website Travala to launch an exclusive special offer for SHIB holders. Shiba Inu Holders Can Now Get $25 In Free Travel Credits On Travala As announced by SHIB in a tweet, Travala has released an &#8220;exclusive special&#8221; in partners...

bitcoinist.com

Shiba Inu Partners Up With Travala To Launch Exclusive Offer

The Shiba Inu community is currently in the midst of an online voting that will determine if the project will accept the invitation of the World Economic Forum (WEF) to be its partner in working for a Global Metaverse Policy.
At the time of this writing, more than 18,000 votes have already been casted for the poll that is being run by SHIB developer Shytoshi Kusama via Twitter, with over 60% being in favor of accepting the offer for a partnership with WEF.
Kusama had earlier clarified that the metaverse-related undertaking will also involve Meta, Decentraland and Sandbox.
Sadly, even with this positive development and an apparent show of trust for Shiba Inu, its SHIB token continues to struggle in climbing to higher spot trading prices.


Image: Protocol
Shiba Inu Price Monitoring, Other Key Metrics
According to latest tracking from crypto data aggregator Coingecko, at press time, Shiba Inu is changing hands at $0.00000903 and has already lost almost 2% of its minimal value over the last seven days.
The ongoing bear market had already taken its toll on the meme crypto which was forced to relinquish its place as the 14th largest cryptocurrency in terms of market capitalization.
Although the asset managed to increase its overall valuation by 8% during the last 24 hours, it wasn’t enough to recapture its previous spot in the list as it settled as 15th courtesy of its $5.32 billion overall valuation.
Despite this dismal performance, top Ethereum whales recently displayed their unwavering trust for the crypto which accounted for 3.14% of their total holdings with an estimated value of around $70 million.
Moreover, there is also a significant increase in terms of active addresses for the asset, from over 80,000 in late October to around 130,000 right now.
Pinning Hopes On Shibarium
The Shiba Inu community remains in full anticipation of the Shibarium, a Layer 2 scaling solution that will be built on top of the SHIB protocol which will allow it to function more like an individual network.
It has a built-in mechanism that will enable coin holders to burn their tokens in hopes of reducing its excessively abundant supply.
For now, though, the community will have to settle for Shiba Eternity, a blockchain-based card game that was launched in September of this year.
This TCG, much like the Shibarium, also plays a vital role in burning of SHIB tokens while increasing its demand which, in turn, will most likely trigger an upward movement in its price.


SHIB total market cap at $5.03 billion on the daily chart | Featured image from Coin Edition, Chart: TradingView.com


The Shiba Inu community is currently in the midst of an online voting that will determine if the project will accept the invitation of the World Economic Forum (WEF) to be its partner in working for a Global Metaverse Policy. At the time of this writing, more than 18,000 votes have already been c...

Shiba Inu Gets Invite From WEF To Talk About Metaverse – A SHIB Price Boost In The Offing?

Quant (QNT) may not be like the Bitcoin and some of its fellow altcoins like Ethereum, Dogecoin and even Shiba Inu in terms of social dominance but it is silently making its move to be included among the list of must-have crypto assets right now.
The cryptocurrency, ranking 32nd in terms of market capitalization, seems to have recovered a bit after the broader market experienced a severe slump triggered by the collapse of FTX which used to be the third largest exchange platform in the world.
According to tracking from Coingecko, over the last seven days, Quant managed to jump by 7.7% and has so far trimmed its 30-day losses to just 44%. At the time of this writing, the digital asset is changing hands at $115.85.
The steady performance of the altcoin despite the multiple occurrence of bearish cycles in the market over the last few months seem to have sparked greater interest for it as evidenced by the sudden but impressive increase in addresses that hold the crypto asset.


Image: Invezz
A Decent Growth For Quant
Some experts believe that one of the best ways to measure the growth of a crypto network is the number of addresses that hold a particular cryptocurrency.
Quant notched an important milestone in that department as it successfully added 13,000 wallets in just a span of seven days.
This is the biggest number that was tallied by QNT on a weekly basis. It is also important to note that over the last 236 weeks, the crypto’s network recorded 77,000 addresses that were holding the digital currency.
QNT wallets surpassed 90,000 in number last week, following the largest weekly increase in address count.

 90K $QNT
𝐅𝐢𝐫𝐬𝐭 𝟐𝟑𝟔 𝐰𝐞𝐞𝐤𝐬: 77,000 wallets
𝐋𝐚𝐬𝐭 𝟏 𝐰𝐞𝐞𝐤: 13,000 wallets
Something is happening.  pic.twitter.com/tlpxTbHMOP
— Greg Lunt  (@GregLunt27) November 14, 2022
Because this sudden spike happened during the same time when the crypto market crashed because of the unfortunate series of events that led to the implosion of the FTX platform, some experts believe there was significant influx of Quant tokens from various exchanges.
QNT Flexes Its Long-Term Muscle
Even with the positive development, it can’t be denied that QNT also took a hit when the entire market collectively declined and all crypto assets experienced severe price dump.
In fact, Quant nosedived all the way down to $94. However, the altcoin showcased a different level of resiliency as it held its support range steadily despite strong selling pressure. In doing so, it prevented itself from revisiting the $40 marker which is considered to be its year-to-date (YTD) low.
Moreover, for the past two days, the cryptocurrency was able to increase its value by more than 30%, confirming the narrative of a strong accumulation phase that led to the sudden uptick in number of addresses holding it.
Additionally, the Quant network has tallied its highest growth rate this month, indicating a robust utility and organic performance that bodes well for the asset and are inviting signs for investors that are considering buying the token.


QNT total market cap at $1.45 billion on the daily chart | Featured image from SheKnows, Chart: TradingView.com


Quant (QNT) may not be like the Bitcoin and some of its fellow altcoins like Ethereum, Dogecoin and even Shiba Inu in terms of social dominance but it is silently making its move to be included among the list of must-have crypto assets right now. The cryptocurrency, ranking 32nd in terms of marke...

Shiba Inu price	$0.000009
Low - High 24H	$0.000009 - $0.00001
Market cap	$5.52B
Volume 24H	$183.32M
All time high	$0.000086 -89.12% October 28th 2021
All time low	$0.00 16623811.90% November 28th 2020
Genesis date	N/A

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