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SHIB Remains Largest Asset in USD for Whales But Here’s Where ALCX Surpasses It

Sat, 08/06/2022 - 20:00
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Yuri Molchan
SHIB remains on the highest place among whales’ holdings in USD but it has lost one crucial position to a smaller coin
SHIB Remains Largest Asset in USD for Whales But Here’s Where ALCX Surpasses It
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The second largest meme cryptocurrency Shiba Inu still holds as the largest asset in the USD equivalent owned by the top 100 whales on the Ethereum chain.

However, it has slumped from the most-traded token position, yielding it to a small-cap token.

According to a tweet by crypto tracker WhaleStats, several hours ago, ALCX flipped Shiba Inu for the most-traded token spot. Alchemix is ranked 385 on CoinMarketCap, exchanging hands at $35.47.

By now, however, ALCX has been moved by SwissBorg (CHSB) on this major position.

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Whales are holding $510,300,966 worth of Shiba Inu as of this writing. The meme token is trading at $0.00001215 at press-time.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.