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New Crypto Wallets Received $56M Worth of Shiba Inu in a Week

Shiba Inu is The Most Popular Asset Among New Crypto Wallets.

Data from a Nansen report shows that new crypto wallets received $56M worth of SHIB in the past week, the highest for any non-stablecoin asset.

Shiba Inu (SHIB) remains a favorite among investors, as recent on-chain data reveals that the asset has been the most received non-stablecoin token among newly-activated crypto wallets in the past seven days. According to a Nansen report, SHIB was sent to over 12,000 new wallets in the past seven days, the highest for any non-stablecoin asset.

Despite their novelty, there is little evidence that suggests that these wallets actually belong to new crypto investors. Nonetheless, the fact that SHIB has been very common among them still indicates the asset’s growing popularity within the broader crypto scene. Data suggests that the highlighted 12,000+ wallets received up to $56M worth of Shiba Inu within a week.

Shiba Inu Shiba Inu $0.00
+9.29%
Shiba Inu SHIB
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