According to figures released by Etherscan, an unknown whale account recently bought 2.58 million Shiba Inu tokens. The price of these tokens is said to be $4.9 million. This is the second major transaction for this cryptocurrency within a week. After two transactions in the last one week, the total number of Shiba Inu coins transferred to this whale has gone up to 37 lakh crores. The Shiba Inu is considered the biggest rival of Dodgecoin. Since the last one week, its prices have been continuously increasing. On March 18, where the price of Shiba Inu was Rs 0.001705, on March 25 it was trading at Rs 0.001878. However, today there has been a slight drop in its price. Till the time of writing the news, the price of Shiba Inu in India was trading at Rs.0.001910.
Data from Etherscan shows that the Shiba Inu has gained 11.19 percent in the past week. According to CoinMarketCap, the current global price of Shiba Inu is $0.00002462 (approximately Rs.0.001885). There was a tremendous jump in this cryptocurrency last year. In October 2021, when the cryptocurrency market was at its peak, the Shiba Inu was at an all-time high of $0.000008845. Compared to the present, it is now trading 72.13 percent below that high.
Cryptocurrency is rapidly spreading its footing in all parts of the world. The latest example of this has been presented by Israel’s largest and oldest bank Bank Leumi. Bank Leumi has partnered with blockchain company Paxos. Through this it will provide trading services for Bitcoin and Ethereum. Bank Leumi is Israel’s largest bank, which was founded about 120 years ago today. Its headquarter is in Tel Aviv-Yafo. Now this organization is going to step into the world of cryptocurrency.
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