{"id":558749,"date":"2024-07-30T16:59:44","date_gmt":"2024-07-30T16:59:44","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=558749"},"modified":"2024-07-30T17:00:54","modified_gmt":"2024-07-30T17:00:54","slug":"data-reveals-us-government-is-a-shiba-inu-whale-as-shib-rival-playdoge-closes-on-6-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/data-reveals-us-government-is-a-shiba-inu-whale-as-shib-rival-playdoge-closes-on-6-million-in-presale","title":{"rendered":"Data Reveals US Government Is A Shiba Inu Whale As SHIB Rival PlayDoge Closes On $6 Million In Presale"},"content":{"rendered":"

Recent data from Arkham Intelligence<\/a> reveals that the US government holds $13 billion in crypto, including approximately 54.89 billion Shiba Inu ($SHIB) tokens. Meanwhile, the up-and-coming rival PlayDoge ($PLAY)<\/a> is rapidly closing in on $6 million in presale funds.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n

This data underscores the significant role of meme coins in the market. PlayDoge, which has more to offer than $SHIB – including its soon-to-launch P2E mobile game with ’90s nostalgia – could soon replace Shiba Inu as the new major meme coin holding of the Feds.<\/p>\r\n\r\n\r\n\r\n

For investors who have not noticed the smart money moving into the PlayDoge presale, there’s still a chance to grab the token at $0.00524. However, the price is expected to rise to $0.00525 within the next two days as PlayDoge ends its current presale stage.<\/p>\r\n\r\n\r\n\r\n

Given the attention PlayDoge has already garnered, it’s unlikely that the price will stay at these levels for long. The growing interest suggests more bullish activity once it’s listed on a major exchange like Binance<\/a>, which is entirely plausible considering it’s built on the BNB Chain and is thus under the radar of the Binance listing team.<\/p>\r\n\r\n\r\n\r\n

So, act fast and secure your $PLAY tokens now.<\/p>\r\n\r\n\r\n\r\n

Is The US Waiting For Another $SHIB Pump?<\/h2>\r\n\r\n\r\n\r\n

The 54.89 billion $SHIB that the US government holds is currently worth around $910,000. While this amount may not be eye-popping in comparative terms, it is substantial enough to classify the US government as a Shiba Inu whale.<\/p>\r\n\r\n\r\n\r\n

Furthermore, $SHIB is the only dog-themed meme coin the government holds in billions of quantities.<\/p>\r\n\r\n\r\n\r\n

Now while the US government hasn’t disclosed its agenda on what it intends to do with its $SHIB stash, it’s easy to imagine they might be gearing up for a big move – a profitable trade to cash in profits once $SHIB’s price takes off. <\/p>\r\n\r\n\r\n\r\n

With August on the horizon and the meme coin scene showing signs of a comeback, things could get interesting.<\/p>\r\n\r\n\r\n\r\n

Popular YouTuber ClayBro shares this view, suggesting that $SHIB is poised for a strong August and that this momentum could provide a perfect opportunity for PlayDoge to shine amid a renewed meme coin-led bull run.<\/p>\r\n