As per the report of WhaleStats, the number of Shiba Inu holders has reached a record high of 1,150,173. Shiba Inu prices have fallen 7.45 percent in the last 24 hours to USD 0.0000258, according to CoinMarketCap data. But on January 18, U.Today reported an increase of 1,145,212 SHIB holders. Recent additions indicate the signs of community growth and health. The increase in holders does not necessarily affect the price in the short term, but it may show an interest in tokens over time.
Shiba Inu developer Shytoshi Kusama shared with the Shiba Inu core team a “big idea” that could shake the crypto space if agreed. Steven Cooper, CEO of Bigger Entertainment stated that Shiba Inu developers are busy developing new mechanisms for launching SHIB and will introduce them later. This should have a positive impact on SHIB prices in the medium term.
SHIB continues to be a popular token among Ethereum whales. According to WhaleStats, the top 1,000 ETH whales own 51,383,815,397,632 SHIB. The price of the Shiba Inu is trading along with the decline in the crypto market of about USD 0.0000258. According to CoinMarketCap data, SHIB is currently ranked 14th in market capitalization. Despite price behavior, the Shiba Inu community is eagerly awaiting the next big item in their ecosystem.
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