With its growing number of holders, strategic support network and recent spike in value, SHIB seemingly poised for potential growth.
SHIB’s popularity continues to rise, with the number of Shiba Inu holders on the Ethereum blockchain surpassing a staggering **1.4 million**, a new milestone reflecting the coin’s growing reach.
This surge in holders indicates a community that is **increasingly confident** in SHIB’s potential.
In addition, price zones around **$0.00001 and $0.000014** have a significant number of early holders who initially purchased Shiba Inu around these levels, meaning a large number of tokens are likely to be bought back should the price dip below these levels.
Data suggests that the majority of current SHIB holders are **in profit**.
The future of Shiba Inu remains uncertain. While recent developments paint a cautiously optimistic picture, the meme coin market is notoriously volatile.
