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Benzinga
Benzinga
Business
Adrian Zmudzinski

Shiba Inu Overtakes FTX Token As Ethereum Whales' Darling

Shiba Inu United States

Meme coin Shiba Inu (CRYPTO: SHIB) overtook FTX Token (CRYPTO: FTT) — the native coin of major U.S. cryptocurrency exchange FTX — late Monday as the most popular token among Ethereum's (CRYPTO: ETH) heaviest wallets, in terms of dollar value.

What Happened: The news follows a relatively unknown token recently becoming the most traded cryptocurrency among large Ethereum holders.

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