Shiba Inu Adds Nearly 36,000 Holders Since June Despite Crypto Market Turmoil
The price trend of Shiba Inu has been following the rest of the cryptocurrency market and remains negative. Notably, SHIB is still seeking to reclaim the high points it reached last year, when the value and popularity of the meme coin surged. As of this writing, SHIB is trading at $0.00001145, down 4.5% in the last seven days, data from Coingecko show, Sunday. Despite the crypto market’s sluggish condition, a portion of the dog-themed coin’s investors are optimistic that the asset will recover and are boosting their coin purchases while ignoring the market’s weakness.....
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The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion. Meanwhile, the concentration of shiba inu whales is still quite large these days alongside the massive circulating supply of 549 trillion tokens. Shiba Inu Taps All-Time Price Highs Knocking Down the Dogefather This week the crypto asset shiba inu (SHIB) reached an all-time high (ATH) on a few occasions, including today, during the early morning trading....
While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact that shiba inu is down 72% from the crypto asset’s all-time high, shiba inu is still up 37,130% against the U.S. dollar over the last 12 months. However, since March 15, the number of shiba inu holders has dropped 3.55% from 1.19 million holders to 1.15 million over the last five days. SHIB Holders Slide 3.55% in 3 Days Interest in meme tokens is waning as the meme coin economy has lost significant value over the last....
On-chain data shows the large Shiba Inu holders have accumulated a combined $100 million in SHIB during the past week. Large Shiba Inu Investors Have Been Participating In Accumulation Recently According to data from the market intelligence platform IntoTheBlock, the large SHIB holders have gone on a buying spree the past week. The “large holders” […]
Shiba Inu, a famed meme coin, has recently unveiled its DEX ShibaSwap. This comes on the heels of the growing popularity of SHIB as holders continue to show faith in the coin. The coin which was started as a joke has seen a lot of growth and seems to be taking a more serious tone […]
Shiba Inu remains one of the most popular meme coins in the market. This shines through in the number of holders in the digital asset as the number recently crossed 1 million SHIB holders. The digital asset had rallied to new highs a month ago which was the main catalyst for the increased popularity. A […]