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Shiba Inu Meme Coin is now held in over 1.1 million wallets
Shiba Inu has hit a new milestone, but if the negative trend continues, the token might go below $0.000020.
Shiba Inu is the second-largest meme coin by market cap, and it has gained popularity in recent months.
Shiba Inu Breaks a New Record
Shiba Inu is one among the world’s major cryptocurrencies. It is presently the second most popular meme coin, after only Dogecoin. Shiba Inu (SHIB) is a cryptocurrency based on a dog meme that is hosted on the Ethereum blockchain.
Shiba Inu’s value has climbed by 49,539,173 percent since its inception in November 2020, making it one of the best-performing cryptocurrencies over the last two years.
Yesterday, Shiba Inu accomplished a new milestone. According to the most recent statistics from WhaleStats, the total number of wallets holding SHI tokens is now 1,145,212.
According to WhaleStats, the top 1000 Ethereum (ETH) wallets contain 51,660,947,525,321 SHIB ($1,481,475,410).
This new trend indicates that, despite the cryptocurrency’s dismal performance in recent months, a rising number of investors are purchasing SHIB. SHIB is presently trading at $0.000027, a 67 percent decrease from its all-time high of $0.000086 on October 28, 2021.
