Top 10 Shiba Inu Holders in 2024?

The who’s who of Shiba Inu: Top 10 Shiba Inu Holders in 2024?

If you’re in the crypto space, you could be a huge fan of the Shiba Inu token. Maybe over time, you’ve followed the ups and downs of this cryptocurrency.

Well, now it’s 2024 and you might be wondering “Who are the biggest holders of Shiba Inu this year?”Today we’re going help you uncover just that. Oddly enough, it breaks down into just 3 categories, so we will highlight those three specifically.

Keep reading to find out more.

Also read: Shiba Inu: AI Predicts SHIB Price For May 1, 2024

Top 10 Shiba Inu Holders in 2024?

The top 10 breaks down into three main categories: Valik, Exhance Wallets, and Whales.

Vitalik Buterin (Founder of Ethereum)

Vitalik Buterin is the top Shiba Inu crypto holder.

He is the one who helped co-found Ethereum and is probably one of the most influential people in cryptocurrency.

One of the things he’s most known for that caused an uproar about was his decision to burn a large portion of his Shiba Inu holdings back in 2021.

Category 2: Exchange Wallets Themselves

In the cryptocurrency world, various exchange wallets tend to hold a large portion of Shiba Inu.

This is going to include platforms like Binance. They hold one of the largest reserves of this particular token.

This means in the world of crypto, investor wallets and platforms play a huge role in facilitating the trading and liquidity of this token.

Also read: BRICS: Russia Gains $14 Billion Oil Revenue Despite US Sanctions

Shiba Inu Whales

Next, you’re going to have various individuals who hold huge amounts of Shiba Inu that are called Shiba Inu Wales.These individuals can, in one click, send a ripple effect throughout a cryptocurrency community.

Whales can influence market trends through their share buying and selling activities. For example, let’s say someone that has 100,000 beans. This person decides to sell off 50,000 of those beans. That’s 50% of their assets.

Because this token is so hot right now and there’s limited supply, when this happens people begin to speculate and make moves accordingly.

Conclusion

In conclusion, there are three main categories of the top Shibu Inu holders in the crypto world. Basically what it boils down to is that as the crypto world evolves, they become more crucial to maintaining interest. Whales help newer investors better understand various market trends.