Why You Need 100 Millions Shiba Inu Coin To Be Millionaire!!
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Shiba Inu fans are probably the most vocal of the crypto bulls. The ecosystem and its developers have succeeded in catching a very tight-knit community of investors. These investors oftentimes take to Twitter to promote their favorite token. They also regularly demand listing on increasingly popular trading platforms and respond to cynics. Now, they’re looking to build enough support to encourage Robinhood for a SHIB crypto listing.
Dogecoin and Shiba Inu have increased in popularity over the past few weeks. Dogecoin is trailing rival meme cryptocurrency Shiba Inu in terms of gains over the past few months. Over the last 90 days, SHIB has risen 5.6% and DOGE has fallen 7.69%.
But in terms of weekly price action, the picture gets murkier when longer-term price action is taken into consideration. SHIB has declined 17.52% for the week, while DOGE has fallen 11.12%.
Even though the price has not shown much action, it has been gaining new investors. Shiba Inu said on Twitter that the token has added 100,000 new holders in the last three months.
“Dogecoin killer” Shiba Inu has seen a more than 18% spike in the number of token holders. As of September, nearly 700k wallets hold Shiba Inu in their cryptocurrency portfolio.
The new findings given by Finbold show that Shiba Inu scored over 100,000 new holders to its decentralized meme token in just three months.
By way of information, on June 21, there were 536,300 holders of the meme token, as indicated by Etherscan.io when using a web.archive.com tool for historical data.
Compared to the figures from September, there are 668,810 SHIB holders, depicting an increase of 132,310 this month.
Besides, the asset on June 21 had a fully-diluted market cap of $6.82 billion, though, in September it had an FDMC of $7.11 billion; thus, SHIB marked a total of $290 million in three months with $3.2 million printed daily in tokens.
Numerous small-scale investors seem to have been pulled in by the economical expenses. As early as September 9, 2021, investors were able to be SHIB millionaires for as much as $7, with $1 buying 146,000 coins of the dog-inspired cryptocurrency at the time.
However, since Shiba Inu´s listing on Coinbase on September 16, the price has flooded dramatically, with $870 million pumped into the token in just 24 hours.

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