DailyCoin

Nov 29, 2021

2 min read

Shiba Inu Surpasses 1 Million Holders, SHIB Pumps in Response — DailyCoin

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Meme coin Shiba Inu, which has been criticized by many for having no utility, has reached a milestone that very few projects can boast of achieving.

According to the official Certik audit posted on the Shiba Inu website, there are now over 1,000,000 wallets holding SHIB. In a tweet, Shiba Inu celebrated the Shiba Army.

Following the announcement that Shiba had crossed the 1 million holders milestone, SHIB began to rally. By the end of Thursday, November 25th, SHIB had gained more than 33% in value. As a result, the price of SHIB shot up from $0.00003602 to as high as $0.00004996.

The price chart for Shiba Inu (SHIB) between November 24th and November 25th. Source: Tradingview

  • Following the price pump, SHIB has been experiencing a sharp retracement. Over the last 24 hours, the price of SHIB has dropped by more than 13%.

The 24 hour price chart for Shiba Inu (SHIB). Source: Tradingview

Shiba Inu has continued to defy public opinion around the project, with the strong community behind Shiba Inu (SHIB) being the sole reason for the growth of SHIB

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