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Shiba Inu ($SHIB) Adds Over 50,000 New Holders During Crypto Market Rout

The meme-inspired cryptocurrency Shiba Inu ($SHIB) has added over 50,000 new holders on the blockchain even amid a cryptocurrency market rout triggered by the collapse of the popular cryptocurrency trading platform FTX.

According to data from CoinMarketCap and Etherscan, the number of unique addresses holding Shiba Inu on the blockchain has grown from around 1.227 million a month ago to over .128 million at the time of writing. The figures show SHIB has been adding well over 1,500 new HODLers per day.

The number of SHIB holders has been growing even at a time in which the meme-inspired cryptocurrency’s price has been plunging along with that of other leading digital currencies, affected by the collapse of FTX, which hit investor confidence. Over the past 30 days, SHIB is down over 17%.

(by Francisco Memoria)

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