SHIB burn rate responds with 252% jump as whales start buying $SHIB Shibainu ShibArmy SHIBCommunity Shiba Shibburn
To the joy of the Shiba Inu community, cryptocurrency exchange BitPoint Japan announced it would list SHIB at the end of November, making it the first major Japanese exchange to do so. Bitpoint announced rewards for SHIB users, saying it will give new users one million Shiba Inu tokens as gifts.
Also, the exchange launched a social media campaign to celebrate its SHIB listing, with millions of SHIB to be given out as rewards. At the same time, SHIB's lead developer, Shytoshi Kusama, posted a mysterious tweet that contained only the interjection"WOOF," commonly used by the community when something exciting happens.
This, in a way, stirred up expectations as the SHIB community replied excitedly; some even responded,"Shibarium."data, SHIB currently ranks among the top 10 purchased tokens among the 500 biggest ETH whales in the last 24 hours. SHIB is up 1.15% and is currently worth $0.000009 per token, down 89% less than its all-time high. SHIB is the 15th largest cryptocurrency in the world with a market cap of $4.96 billion, according to data fromIn 2021, SHIB's market worth exceeded $41 billion briefly, making it more valuable than several S&P 500 corporations.
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