Record Shiba Inu Wallets See Price Stagnation
- Record Shiba Inu wallet holders amid stagnant price levels.
- Shiba Inu price stays at $0.000012.
- Community enthusiasm high, no new leadership comments.
Summarizing, Shiba Inu (SHIB) wallets reached a record high of 1,511,101 globally. SHIB’s price remains substantially lower than past highs, and there are no new statements from leadership.
Record Wallet Holders
The Shiba Inu wallet count has reached a record level, with 1,511,101 wallets now holding SHIB. Despite this achievement, the token’s price is hovering around $0.000012, much lower than previous peaks observed in bull markets.
Community and Market Impact
Though the milestone could reflect increased community interest, there is no evidence of significant movement in Ethereum network metrics where SHIB resides. There is also no increase in related assets like BTC or market-wide changes according to chain data.
Past growth in wallet numbers correlated with retail interest; however, it did not always lead to price hikes. The absence of new capital often results in price stagnation or declines during these periods.
Community Feedback and Leadership Communication
Community feedback remains positive, seeing the surge as evidence of ongoing interest. However, no current statements from developer Shytoshi Kusama or industry leaders exist. “The strength of SHIB is in its community. The more we grow, the stronger we become.”
Historical data suggests wallet growth doesn’t guarantee price changes or broader crypto impacts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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