Reportedly, the price of Shiba INU coin jumped by 13% after a crypto whale bought 4 trillion tokens. Notably, the whale’s wallet is worth nearly half a billion dollars and the wallet also consisted of metaverse tokens.  Ever since SHIB slumped from the October high a lot of crypto whales have been buying up Shiba INU.

The value of the purchase has been reported to be “4 Trillion tokens for 136 million!” About 1/4^th of the wallet is now made up of Shiba Inu tokens. Other tokens in the wallet were reportedly, Metaverse tokens from Decentraland, Gala, and Sandbox also a major chunk of the wallet, along with stable coin Tether.

For those who do not know, the all time high for SHIBA INU was during October. And, since then, the price of the whale has been declining. Thus, the whales were finding a chance to buy the dip. Early in December there was another whale who hoarded 50 billion tokens, thus bringing the total holdings of the wallet to nearly 1.67 Shiba Inu. There was yet another whale who bought 100 billion of the tokens.

“The worth of a single Shiba Inu token is less than a penny and thus affordable for most to buy.” Despite the worth of the individual token being less than a penny it is interesting to see the token have a market cap ranking 13^th in the overall cryptocurrency market.

Shiba works beyond “rigid social structures and traditional mindsets” SHIB has grown by 53 million percent and the current purchase is reportedly tapping in to the potential growth opportunities.

Despite, there are still major questions brewing about SHIBA INU. Are Million Percentage in growth valid and sustainable? It leaves a new entrant wondering what is so impressive about the ecosystem.

Community Response:  I invested in SHIB because I believe in the entire Shiba INU ecosystem that has been developed.  The NFTs, the Shiba Inu Game they are working on with a AAA game studio, Shiba Inu’s own blockchain and that is coming, Shiba Swap.

Argentina real estate is now excepting SHIB:  Candoli Propiedades, an Argentinian real estate agency in Santa Clara del Mar, a town located on the Atlantic coast of Buenos Aires, announced they are accepting the token inspired by the Japanese dog breed as a payment method.

AMC takes SHIB: According to Aron, AMC (movie theatre chain AMC Entertainment) should have SHIB integrated for payment by the first quarter of 2022

Now Payments now Takes SHIB:  Now Payments is the cryptocurrency payment gateway which allows businesses to accept BTC, ETH, XRP and other coins on their websites.

Chips is one of the fastest growing casinos and they just announced officially announced they are accepting SHIB.

A lot of countries not just in the USA is buying SHIB.

Mass adoption is happening right before our eyes! Not to mention Robinhood listing. For me Shiba Inu is not a meme coin. It will soon be in the top 5 cryptos.

The value of SHIBA INU Depends on the people power and the FOMO.