Cryptocurrencies
Shiba Wallet With Billions Is Scrutinized as Coin Tumbles
- Concentration of ownership of Shiba Inu comes under scrutiny
- Big holder started moving coin after its price surged
Photographer: Pavlo Gonchar/SOPAImages/LightRocket/Getty Images
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The unlikely star of the cryptocurrency world in October was Shiba Inu, named after the same breed of dog that inspired the market’s former unlikely meme-coin darling Dogecoin.