Shiba Inu (SHIB) and its governance token, Bone ShibaSwap (BONE), are seen swimming with the whales after massive price drops in September. SHIB regained its spot as the most widely held cryptocurrency among the top 100 Ethereum whales.
On October 6, BONE experienced a sharp increase of 205% in trade volume. However, BONE’s price did not surge and stayed in the red the entire day despite a spike in trading volume.
Meanwhile, investors are continuously flocking to get their hands on The Hideaways (HDWY) as its price increases to $0.045 from the starting price of $0.01.
Shiba Inu at Risk of Losing Ranking
According to data from WhaleStats.com, Shiba Inu is one of the top 10 most bought assets among the top 100 Ethereum whales, which indicates that whales are exerting buying pressure on the asset. But this sentiment did not last long.
Recent chart readings for SHIB prices are down 0.3% in the past 24 hours. The asset is currently trading at $0.00001101 per SHIB, which is a massive decline from its 7-day high of $0.00001169.
It looks like the odds are against SHIB after losing over $0.60; other meme coins in the market overshadow the coin.
Many traders and investors are spending time assessing the success ratio of new crypto projects such as The Hideaways (HDWY).
Bone ShibaSwap’s Trading Volume Shoots To 200%
Shiba Inu’s governance token, Bone ShibaSwap, saw a dramatic increase in trading volume, rising to 200%. The event was likely triggered by investors who bought the stock at its weekly lows. Despite a spike in trading volume, BONE’s price remains in the red zone.
As of writing, the price of BONE is currently $0.969791, and its 24-hour trading volume is $5.33M. BONE has lost 4.09% over the past day and has $74.28M in circulation.
Even though meme coins like SHIB and BONE are effective in the crypto market, investors seem to be looking for crypto projects with real-world utilities.
The Hideaways Rockets to 450% in 3 Weeks
Only three weeks after its debut, The Hideaways (HDWY) saw a 450% increase in the first month of the presale.
With the last stage of the presale currently underway, more than 60% of presale tokens have already been sold.
The HDWY team has announced a price increase from $0.045 to $0.06 per HDWY. Be sure to immediately grab your tokens with the extra 50% incentive because the price will rise again at the end of the week.
Investors adore The Hideaways because it provides the safest smart contract audited by SolidProof. The project is also backed by physical properties managed by a global team of property experts.
In addition to paying staking incentives, the initiative creates real-world passive income that is paid out in $ETH, $USDC, or $USDT. How much? A minimum of 20%!
Invest In The Hideaways Now