Shiba Inu (SHIB) continues to gain investor interest as the coin gains mainstream attention. Following the mainstream attention, wallets holding SHIB increased over 10% in the last two weeks alone. There are currently 745,514 holders of SHIB token which translate to an increase of 0.5% from yesterday.
💪The SHIB army is strong💪
As the price of SHIB fluctuated in various directions, the strength of the SHIB army wasn’t dissuaded and it’s holders continued to show positivity with the potential for the coin to go much higher than it’s currently at.
Surprisingly, at the same time, one address acquired nearly 8 trillion SHIB tokens, valued at $239.4 million at today’s values, a much larger stake than the 31 billion coins.
Despite being a relatively new asset on the crypto market, according to CoinGecko data, SHIB is presently one of the top 10 currencies by trading volume.
📌Upcoming catalysts for SHIB holders📌
- Partnership with NOWPayments will burn 3% of SHIB transactions done on platform. Burn happens end of November.
- NOWPayments will onboard LEASH by the end of this month
- ChangeNow users can now swap from DOGE into SHIB.
- SHIB’s own blockchain, Shibarium is still in development with tests and security audits coming in a few months (expected Q1 of 2023).
- Developers will work with AAA game studio to get Shiboshi game into development.
