Number of SHIB Holders Surges More than 30% in a Month

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Shiba Inu

With meme-inspired cryptocurrency Shiba Inu making headlines over the past few weeks, the token has also recorded an influx of new holders.

According to data provided by CoinMarketCap, between October 10 and November 8, 2021, the number of Shiba Inu holders has surged 31.1%, from 706,808 to 926,684. Over the same period, the value of SHIB has spiked at least 111%.

In general, the rising number of SHIB holders has corresponded with the growing popularity of the coin that has continued to spike in value, attracting high-profile investors.

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