According to WhaleStats data, the total Shiba Inu’s holder count stands nearly 1.2 Million, in the last 70 days SHIB added nearly 200K new holders after reaching the one million holder milestone in the late 2021.
the rise in the number of holders may not directly impacted the token price, but from the perspective of primary growth, this might be a positive sign.
As per WhaleStats analysis of the top 100 Shiba Inu holders, the average SHIB balance held by these large holders is up 9% over the last 24 hours. The average SHIB value of their portfolios has grown by 23%.
Shiba Inu returned briefly among the top 10 purchased tokens and the top most used smart contracts by the 1,000 biggest ETH whales over the last 24 hours.
After becoming the best-performing cryptocurrency of the year in 2021, SHIB’s performance has been underwhelming in recent months as it remains down 73.23% from its record peak.
There are various promotional offers are provided for the new crypto users, Binance has announced a offer for new users, allowing them to earn free Shiba Inu (SHIB) tokens.
the lion’s share of the prize pool ($80,000) will be distributed to those who register on the website with the help of a referral link. Each new user will be able to obtain up to 308,000 SHIB tokens.
The SHIB is currently trading at $0.00002406, 5.22% up in the last 24 hours, the trading volume is also up by 17%. Shiba Inu is currently stands at 15th position in the global crypto market, as per CoinMarketCap.