Shiba Inu Returns as Whales' Biggest Holding, $1.45 Billion Worth Now Held by Top 1,000 Wallets

Shiba Inu is now the biggest investment of these whales after the second most popular coin—Ethereum

by the official SHIB Twitter handle, the first stage of the land sale in SHIB: The Metaverse might be ready to take off this weekend.

Further explaining the details of the land sale in SHIB: The Metaverse, the project states there will be three stages. The first stage, which is the bid event, marks the start of engagement with the first stage of phase release for SHIB: The Metaverse and its land sales. The bid event is expected to last for three days, or 72 hours, from inception and is the earliest access to some plots of land. Ahead of the three-day event, participants are expected to lock their LEASH or their Shiboshi NFTs, while all bids will be made using Ethereum., Shibarium, the Layer 2 on which SHIB: The Metaverse will be developed, and SHI, the Shiba ecosystem, is currently in development. Shibarium is reportedly in the Alpha phase and may soon be shifting into the Beta phase.

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