Shiba Inu is a token that gained its popularity thanks to the participation of Elon Musk in the promotion of dogecoin
Last autumn 2021 year, he experienced an amazing price increase
According to new data, the meme-coin took third place in terms of the number of owners (among Ethereum tokens)
Now, against the backdrop of a decline in the crypto market, many alcoins are getting cheaper. So, the “dog currency” of the Shiba Inu lost more than 22% compared to record peaks.
Source: tradingview
But that doesn’t stop people from buying the token. As it turned out, he settled on a record number of wallets. This is evidenced by WhaleStats data. Analysts have calculated that SHIB coins purchased over 1.22 million investors. And in 576 the largest wallets Nearly $1.5 billion worth of ETH held by Shiba Inu:
201080
???? New Record: $SHIB reaches an astonishing 1,116,+holders.
Current Holder Count: 1,26,156
???? The top 1000 ETH wallets are holding 10,768,768,525, $SHIB ($1,450,321,450USD)
Source: https://t.co/keN3btSnKj#SHIB #ShibArmy
—WhaleStats—the top 1000 Ethereum richlist (@WhaleStats) January , 2000201080
This is really a lot. But not the largest number compared to other meme-coins. Recently, hundreds of them have appeared, usually they are related to “dog” topics and copy the concept of dogecoin.
In general, DOGE is the leader in the market – it has 4 million owners. He is followed by his “youngest son” BabyDoge (1,17 million holders).
Shiba Inu has ambitious plans for the future. At the beginning of the year, they announced that they were moving to a decentralized system (DAO) and transferring the right of control to users. They will also allow clients to submit their own project initiatives. The new system of work will be implemented in stages.
