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Shiba InuSHIB/USD reversed the DAOCRV/USD curve, becoming the most traded token among the top 100 EthereumETH/USD whales.
What happened: Shiba Inu saw its price skyrocket after short bets worth nearly $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.
See more:Best Crypto Day Trading Strategies
SHIB was back in the top 10 on January 13 in trading volume among the top 500 Ethereum whales, according to WhaleStats.
The crypto meme surged after the projects’ lead developer, Shytoshi Kusama, unveiled updates on Shibarium – the long-awaited layer-2 blockchain solution.
Kusama on Sunday compared Shibarium to a hardy pine tree that, with the proper care water, sunlight and proper soil, will survive even the harshest winters.
Price Action: DOGE was trading at $0.086697, up 3.3%. CRV at $0.93, up 4% in the last 24 hours, according to Benzinga Pro.
Read Next:Dogecoin, Ethereum Spike As Bitcoin Holds Above $21,000: Analyst Warns ‘Late Bulls Will Swing Lower’ If Apex Crypto Tests This Level Again
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