Shiba Inu Spiked 50% In Seven Days, Its Addresses Approach 1.2 Million
Recently, Shiba Inu has been making headlines, from the support to burning and down to the whale accumulation. In the last few days, the meme coin spiked 50% just like the Doge which spiked 35% at the same time.
As revealed by the CMC, the total Shiba Inu addresses are now approaching the mark of 1.2 million. Despite the correction in the crypto market, the total number of SHIB holders has increased by approximately 20% since November 2021.
Read Also: XRP Responsively Showing Positive Price After The Big Announcement.
2021 remained a year that the Shiba Inu and Dogecoin came under the spotlight of the large retail and investors with the SHIB topping the list of the biggest crypto gainers in 2021.
Shiba Inu to take the top 10 cryptocurrencies once again.
According to the Coin Market Cap, Shiba Inu is aiming at the top 10 cryptocurrencies once again and has a market cap of over $6 billion in the past seven days.
Read Also: The Released Node 1.35.0 Servers As The Important Milestone For The Mainnet Vasil Release
According to the recent tweet from whalestats, the second biggest dog-themed cryptocurrency has become the most traded token among the 500 biggest whales as they have exchanged hands with a whopping $638,735,216 ($638.73M) worth of Shiba Inu tokens in the past 24 hours.
Six days ago, Hublot’s newly-released 200 limited-edition watches were made available for buying using cryptocurrencies such as Shiba Inu and Bitcoin via BitPay. More also, a Florida-based church added support to the Shiba Inu, which permits their congregation to pay their donation with Shiba Inu.
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
