A new SHIB whale is born as this wallet receives 1.2 trillion Shiba Inu

Massive amount of Shiba Inu transferred to new wallet as price rises over 5%. About 14 hours ago, a massive amount of Shiba Inu was transferred to a new crypto-currency wallet, according to data shared by tracker Etherscan.

This could indicate the “birth” of a new crypto-currency whale. The received SHIB coin is worth $11,983,603 at the current SHIB exchange rate. The sender’s wallet is now empty of Shiba Inu meme coins.

The second most popular meme coin, SHIB, was recently listed on another crypto-currency exchange site: Bitcastle. To attract more users, the exchange promises great SHIB gifts just for logging into the platform.

Prior to this listing, SHIB support was also added by Japanese exchange BITPoint. However, SHIB Army then took to Twitter from the giant Fidelity Investments, asking them to list the token as well. SHIB Army received a vague response stating that Fidelity hopes to expand its crypto-currency lineup beyond Bitcoin and Ethereum in the near future.

Meanwhile, the SHIB army continues to reduce the outstanding supply of SHIB. Over the past month, according to a recent tweet from tracker Shibburn, just over 666 million dog tokens have been sent to wallets.”infernal“.

Over the past few days, since November 28, SHIB’s price has gained over 5%. Today, the meme token is changing hands at $0.00000922. This is 89.54% less than the all-time high of $0.00008845 reached in October last year.