Shiba Inu, Metaverse-NFT Coins SLP, SAND, MANA, Are Whales Huge Stash

Shiba Inu has so far this year become one of the meme tokens that has seen massive adoption globally. Similarly, Play-2-Earn (P2E) Metaverse-NFT tokens have been on the rise, most especially, the Axie Infinity, SAND, MANA, and Smooth Love Potion (SLP).

A report on Whalestats indicates that Shiba Inu’s 2nd biggest holder and the 4th biggest whale in the Ethereum ecosystem  “Light” is not the only one acquiring SHIBA within the last days of the year. Not long ago, a whale named “Tsunade” bought 34 billion SHIB.

Still holding onto its SHIB with a total value of $1.39 billion, “Light” also purchased 93,360,440 units of Smooth Love Potion (SLP), a utility token of Axie Infinity. SLP has over $101.75 million dollar market cap and trades at $0.03166, according to CoinMarketCap.

All in all, it looks like meme coins like Shiba Inu and metaverse-NFT related coins like SLP, SAND, and MANA are gaining traction among the crypto ecosystem’s biggest whales, such as “Light.”

Of note, Smooth Love Potion (SLP) is Axie Infinity’s utility token, the primary source of income for Axie’s metaverse players. In the game, you can acquire SLP by performing daily quests, competing against other players in PvP mode, or fighting in Adventure mode (PvE)