Posts

Showing posts with the label holder

Shiba Inu holders increase again in bearish rally

Image
The downfall of the FTX empire certainly ticked off carnage in the crypto market. Almost every asset in the market was seen bleeding while Bitcoin [BTC] dropped to a low of $15K earlier today. Meme coins, however, seemed to be headed toward recovery. Shiba Inu [SHIB] for instance, not only witnessed a surge in its price but also its holder count. The total number of unique addresses that hold Shiba Inu recorded a significant rise over the last 24 hours. The asset’s holder count was at 1,239,787, during press time. This was reportedly a three-month high. Source Shiba Inu took quite the hit over the last week. The meme coin dropped by nearly 20 percent over the last couple of days. The latest news indicated that the community was buying the dip. Here’s how Shiba Inu fared through the FTX saga As mentioned above, the entire crypto market dipped in red. Shiba Inu, Dogecoin [DOGE], and Polygon [MATIC] were the only prominent assets that were in the green. At press t...