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- The number of SHIB holders has grown in the past two weeks of this month.
- SHIB is currently trading at $0,00001.
As per the CryptEye, a real-time cryptocurrency insights provider, the total number of holders of Shiba Inu in the past month has grown at an amount dissimilar to what was noticed over the earlier months followed. Meanwhile, the strongest growth was recorded in the past two weeks, which started on September 10.
Therefore, in the last three months, the growth in the number of wallets that hold Shiba Inu is 190,000, just only in the past two weeks of this month, their number has grown so far by 80,000. Moving towards the data provided by CryptEye, approximately one and a half times growth in the rate of increase of SHIB holders has happened in the duration of the past two weeks of this month.
The Reason behind growth.
It is more likely that the increase in the number of SHIB holders, which is barely an upswing and creates records every day, is because of the recent news surrounding the game Shiba Eternity, which is becoming very famous in Asia.
If we talk about the price of SHIB, things are not so favorable here. This month, Shiba Inu lost almost 23% of its highs of $0,000014 and is currently trading at $0,00001, compromising one more zero in its price. Considering the price level of $0,0000095 is not damaged by, there is a slight chance that the SHIB citation will remain on the floor and win back a few of the collapse.
Nonetheless, purchasing Shiba Inu in the recent situation does not look like favorable. Maybe the best option will be to wait and watch the response at the significant support level highlighted above.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
