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Unique Shiba Inu Addresses Cross 1.21 Million

Unique Shiba Inu Addresses Cross 1.21 Million

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Shiba Inu, one of the world’s most valuable digital currencies, now has over 1.214 million unique addresses on its network. According to Coinmarketcap, the number has risen by more than 14,000 in the past four weeks.

In the middle of the 2021 crypto rally, Shiba Inu made it to the world’s top 10 cryptocurrency assets list. However, when the crypto-correction started in November 2021, the meme coin started to lose its market value significantly.

Shiba Inu’s current market cap is around $6.7 billion, making SHIB the second most valuable meme coin in the world after Dogecoin (DOGE). SHIB is the 14th most valuable digital currency after DAI and Polygon (MATIC).

Dogecoin, on the other hand, is ranked 10th with a market capitalization of over $8.1 billion. The total number of DOGE and SHIB holders has increased in recent months despite challenging crypto market conditions.

SHIB clips

Data from Coinmarketcap shows that the total number of unique Shiba Inu addresses has increased by nearly 40,000 in the past three months. The number of active addresses in the last 24 hours was 14,645. In terms of whale dominance in the Shiba Inu network, the top 10 SHIB holders now own over 63% of the total supply. The top 50 holders own more than 78.5% of SHIB’s total supply.

SHIB has lost about 2% of its value in the last seven days. The crypto asset rose marginally by 3% over the past four weeks.

Shiba Inu, one of the world’s most valuable digital currencies, now has over 1.214 million unique addresses on its network. According to Coinmarketcap, the number has risen by more than 14,000 in the past four weeks.

In the middle of the 2021 crypto rally, Shiba Inu made it to the world’s top 10 cryptocurrency assets list. However, when the crypto-correction started in November 2021, the meme coin started to lose its market value significantly.

Shiba Inu’s current market cap is around $6.7 billion, making SHIB the second most valuable meme coin in the world after Dogecoin (DOGE). SHIB is the 14th most valuable digital currency after DAI and Polygon (MATIC).

Dogecoin, on the other hand, is ranked 10th with a market capitalization of over $8.1 billion. The total number of DOGE and SHIB holders has increased in recent months despite challenging crypto market conditions.

SHIB clips

Data from Coinmarketcap shows that the total number of unique Shiba Inu addresses has increased by nearly 40,000 in the past three months. The number of active addresses in the last 24 hours was 14,645. In terms of whale dominance in the Shiba Inu network, the top 10 SHIB holders now own over 63% of the total supply. The top 50 holders own more than 78.5% of SHIB’s total supply.

SHIB has lost about 2% of its value in the last seven days. The crypto asset rose marginally by 3% over the past four weeks.

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