data, Shiba Inu was among the top 10 by trading volume among the 1,000 biggest ETH whales in the last 24 hours. On August 2, the developers behind Shiba Inu announced the name of the much-awaited collectible card game, Shiba Eternity, leading to positive expectations.
More than 292 million Shiba Inu tokens have been burned in the last 24 hours, according to data from the Shibburn website, acting as another catalyst for Shiba Inu's rally. The burning of tokens is believed to have a positive impact on prices, although not guaranteed.
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