HarryPotterObamaSonic10Inu Surges 14% as Whales Target BTC Stake-To-Mine Token
Inu has seen a steady increase in price over the past week, as investors have been piling into the tokens for a variety of reasons. The primary reason for the surge seems to be that larger players, or “whales,” have been targeting the tokens for staking in order to take advantage of the lucrative rewards being offered for miners of the underlying blockchain. Additionally, Inu’s new major partnership with the prestigious Harry Potter and Obama brands has been cited as a catalyst for the recent strength, as well has its potential for adoption in the gaming and entertainment industry. Finally, the strong fundamentals around the project, including the operating performance of its mainnet, have served to assuage investor fears that the coin may not be sustainable in the long run. All of these factors have combined to drive the price of Inu up by 14% over the past week, and it may continue to climb as investors become increasingly bullish on the project.