Shiba Inu price starts downtrend as the loses 55,000 holders over ten days
Shiba Inu price continues its downtrend due to the dropping number of holders. There is a sharp decline in the Dogecoin-killer'S holders. Shiba Inu price has posted losses overnight in response to the drop in the meme coin's adoption. Analysts have noted a steady decline in the number of holders and on-chain activity in the Dogecoin-killer's network.
After a consistent spike in the number of Shiba Inu holders for over three months, there has been a significant drop over the past ten days. Shiba Inu had 1,198,789 holders on March 15, 2022; after a decline of nearly 55,000, the meme coin's price started a downward trend.Over the past two days, the Shiba Inu community has burned 230 million tokens and sent them to the inferno wallet.
Source
https://t.me/Doge_ShibaInu
