Shiba Inu Is Back Among Top 10 Most Purchased Tokens

Shiba Inu, the self-described “Dogecoin killer,” has re-emerged among the ten most purchased tokens by Ethereum whales. The thousand biggest Ethereum wallets are holding 62 trillion Shiba Inu tokens, cryptocurrency data platform WhaleStats said in a tweet. On average, Ethereum whales bought about $12,000 worth of Shiba Inu, data showed. Shiba Inu currently ranks third among the top ten cryptocurrencies held by Ethereum whales, with an average holding amount of $15.05 million, as per WhaleStats data. It was reported in February that Shiba Inu is held by over 1.18 million Ethereum wallets. Several major companies now accept Shiba Inu and Dogecoin as payment for their products and services. Adding to consumer interest, Shiba Inu announced on Twitter ($TWTR@US) Monday that it has entered into a partnership with the John Richmond fashion label. Shiba Inu is up about 5% during the past 24 hours.