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Shiba Inu (SHIB) is on the surge and its community is rejoicing every moment. In recent developments, Over 1.5 Billion SHIBs have been burned by the community in February 2022 while Shiba Inu has also entered into the fashion world through its partnership with John Richmond designer wear. If this wasn’t enough then WhaleStates has revealed that SHIB has landed into the topmost used smart contracts by 1000 biggest Ethereum (ETH) whales over the last 24.
SHIB to enter fashion industry
Shiba Inu from its official Twitter Handle announced its cutting-edge fashion collaboration with John Richmond designer wear. This is a big development regarding SHIB expanding its horizon.
Announcement: @JRichmondstyle x @Shibtoken just in time for fashion week!
John Richmond partners with Shiba Inu for a cutting-edge fashion collaboration!#LegendsLiveForever
??10,000 JR x SHIB NFTS
??Fashion Show – Milan Italy
??Collection in Boutiques Worldwide#ShibArmy pic.twitter.com/jjPNw360Jr
— Shib (@Shibtoken) February 28, 2022
As per reports, the upcoming fashion walks might don John Richmond and Shiba Inu’s collaborated dresses. Around 10,000 collaborated NFTs might be launched soon.
Shiba Inu price’s jump by 18%
After all these boosting updates, World’s second-largest meme-cryptocurrency is up by over 18% in the last 24 hours. SHIB is trading at an average price of $0.000028, at the press time. The coin has seen a jump of 87% in its 24-hour trading volume of $2,152,029,532. As per Coinmarketcap, SHIB is ranked at the 14th spot with a total market capitalization of $15,421,677,574.
SHIB lands on top used smart contracts by ETH whales
As per the data posted by WhaleStats, the SHIB token has landed on the list of topmost used smart contracts by the largest of the ETH wallets.
JUST IN: $SHIB @Shibtoken is back on top most used smart contracts by 1000 biggest #ETH whales over the last 24hrs ????
Whale leaderboard: https://t.co/GNcrtlXpTJ#SHIB #ShibArmy pic.twitter.com/DbIBVyduxH
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 1, 2022
As we dig in, Shiba Inu is the third-largest token held by the ETH whales. They hold over $1,4 Billion worth of SHIBs. The dog-themed meme-cryptocurrency makes over 17% of the total holdings by the whales. However, the FTX token is still the largest coin held by them with 18.4%. ETH whales hold over $1.5 Billion worth of FTX tokens.
