$#SHIBA It that Shiba Inu is becoming popular again, after a report from the blockchain analytics platform IntoTheBlock that the activity of the whales on the blockchain in the past 24 hours has increased by more than 514% from 544.71 billion to 2.82 trillion tokens. Meanwhile, the trading volume of Shiba Inu has increased to touch 25.05 million dollars. What is interesting is that the numbers only cover transactions that exceed 100,000 dollars. The rapid increase in transactions on Shiba Inu does not have any significant meaning, but it is because in the past January, the ecosystem of the coin was not very popular in the market, resulting in the price of the coin dropping as well.

According to data from CoinMarketCap, the current trading price of Shiba Inu is about 0.0000089 dollars, down by more than 3.83% in the past 7 days, and down by as much as 8.63% in the past month. However, this movement has sparked hope for the SHIB community again, because the increase in the number of transactions in the system, especially with the whales, shows that they may be in the accumulation phase before the price of the coin increases in the future.