SHIB adds over 40,000 new holders in 3 months as number of addresses breaks past 1.2 million
The popularity of Shiba Inu (SHIB) and other meme cryptocurrencies had appeared to fade in recent months aligning with the extended depressed markets. However, the latest data shows that a section of investors are likely betting on the token, with the number of addresses hitting a new milestone. As of September 12, the total number of SHIB holders stood at 1,221,112, growing by 40,033 in three months.
After the number of addresses plunged in early August, the figure has steadily surged adding about 16,876 holders over the last month. The growing number of SHIB holders correlates with the asset’s price, which has spiked over the three months. By press time, the token was trading at $0.000012, a growth of almost 50% from $0.0000080 recorded on June 14. Overall, however, the token has generally recorded less interest.
Source
@Doge_ShibaInu
