what's up guys,
We got some really big stuff going on with the dog coin a.ka Shiba Inu here a lot of big price fluctuations. But, prices are still going up in the general markets right now.
We're not really seeing a lot of massive decreases in price but instead a lot of upside and big funds have already inserted a lot of cash into the market with even jp morgan feeling pretty bullish on the overall markets now.
We are seeing shiba inu going up in value. So, every single tokens market cap is going up steadily and the only way to catch up in the rankings is if your coin goes up faster than other tokens, and Shiba Inu your recently took out like the number 14 coin i think was like xrp in market cap, now Shibu Inu is flipping die to become the 13th largest cryptocurrency in the world by market value.
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The prices are surging market cap is increasing for shiba inu. The drops when it does happen is very minimal, but when the pumps it pumps up the most. Because of its crazy volatility and that opportunity of a really quick 10 to 15 x by Shiba Inu in the next few months.
Top 100 Etherium Whales going crazy. So ,over the coin they have essentially sold off a lot of FTX token a lot of their stable coins and have dumped a lot of the money into Shiba Inus and now just the top 100 Ethereum whales just 100 wallets own this much Shiba Inu.
In their portfolios fifteen percent of Shiba Inu, which is insanely high if you look at the top 1000 Ethereum Whales in the top 5000 Etherium whales,combined together they own closer to a billion dollars for the Shiba inu and given fact that the market cap was shiba inu is only like nine to ten billion dollars.
These ethereum whales hold enormous power over the coin, and if they keep buying, keep holding, more retail traders jumping in, and higher burn rates in the future. This coin's market caps will go up even faster i think the whales are onto something, because every single time when these top ethereum whales go all in on a coin, it usually means a coin is going to be blowing up in price very soon .