Shiba Inu Flips Curve DAO As Most-Traded Token Among Top ETH Whales

Shiba InuSHIB/USD flippedCurve DAOCRV/USD , becoming the most-traded token among top 100EthereumETH/USD whales.

What Happened:Shiba Inu saw a spike in its priceafter short bets worthnearly $790,000 were liquidated in the last 12 hours. At the time of writing, SHIB was trading at $0.00001253, up 19% in the last 24 hours.

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SHIB was back in the top 10 on Jan.13 by trading volumeamong the 500 biggest Ethereum whales, according to WhaleStats.

The meme crypto has surged after the projects lead developerShytoshi Kusamaunveiled updates on Shibarium – the long-awaited Layer 2 blockchain solution.

Kusama on Sunday compared Shibarium to a sturdy pine tree that with the right care water, sunlight, and proper soil will surviveeven the harshest of winters.

Price Action:DOGEwas trading at $0.086697, up 3.3%.CRVat $0.93, up 4% in the last 24 hours,according to Benzinga Pro.

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