Shiba Inu Active Addresses Crash Over 50% In 3 Months, What About SHIB Price?
Shiba Inu’s active addresses have crashed over 50% in three months, providing a bearish outlook for the top meme coin. This development has also coincided with the SHIB price crash during this period. Shiba Inu’s Active Addresses Crash Over 50% Santiment data shows that Shiba Inu’s active addresses have crashed by over 50% since they peaked on May 2 at around 7,800. Since then, this metric has been on a downtrend, dropping to as low as 2,500 earlier in June. Now, the number of active SHIB addresses is currently at an average of 3,000. Related Reading: Shiba Inu Exec Gives Reasons To Keep....
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The number of Shiba Inu millionaires continues to decline as the recent market crash puts a damper on holder’s profits. Notably, on-chain data reveals that the total number of Shiba Inu millionaires has fallen below 1,000. However, they still control a significant portion of the meme coin’s supply. SHIBMillionaires Drop Below 1,000 Following a broader market crash that significantly impacted meme coins like SHIB and DOGE, new reports reveal that the number of Shiba Inu millionaires, with wallets between $100,000 and $10 million, has declined severely. IntoTheBlock, a blockchain analytics....
Shiba Inu’s marketing lead, Lucie, has provided optimism for community members amid the SHIB price crash. She mainly alluded to the layer-2 network Shibarium, highlighting how it has maintained its strength over time. Shiba Inu Exec Breaks Silence Amid SHIB Price Crash In an X post, the Shiba Inu marketing lead stated that Shibarium stands […]
Shiba Inu price has dipped by 2.03% overnight and is now at a current price of 0.000012 USD. Nevertheless, the most popular meme coin is now ranked as the 15th largest crypto according to market cap. SHIB currently has a live market cap of $6,573,280,152 USD and with $428,085,679 USD of 24-hour trading volume. The coin currently has a total circulating supply of 549,063,278,876,302 SHIB coins. Despite the entire crypto space in the red for the past couple of months, SHIB has been performing well and have in fact raised their price by 31%. With that being said, many crypto investors have....
The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned in the past 24 hours has declined noticeably, which gives rise to a concern about the activity surrounding Shiba Inu and whether […]
New data from Santiment has revealed that the top 10 Shiba Inu (SHIB) addresses control over 62% of the entire token supply. The crypto analytics platform shared the update on Tuesday, posting percentages of supply held by the top blockchain wallets of popular Ethereum-based tokens on X. Santiment Data Reveals Top 10 Wallets Hold Over 62% Of Shiba Inu Supply According to the Santiment report, the concentration of Shiba Inu supply in the hands of the top 10 wallets is striking. According to the data, out of Shiba Inu’s original one quadrillion tokens, 62.3% are now controlled by only ten....