Shiba Inu has reached a new milestone. More than 1 million investors now have Shiba Inu tokens. This while the token is down 50% from its all-time high.
Such a proud, and amazing milestone for the #ShibArmy!$SHIB reaches 1,000,000 holders.
Today we all cheer, and celebrate this great moment in SHIB’s history.#1MFRIENDSHIBS #SHIB pic.twitter.com/T1UtMRdQ7r
— Shib (@Shibtoken) Nov 25, 2021
The SHIB price is falling, but there are still positive developments to report
At the time of writing, SHIB has 1,002,925 SHIB investors, according to data from Etherscan. The SHIB price rose briefly after the official twitter account posted the milestone. The price briefly reached a daily high of $0.00004237, but then fell again.
Despite the brief rally, the SHIB price is still well below its all-time high of $0.00008190 reached on October 28.
Despite the fact that the hype seems to be diminishing, there is still a lot of activity around the token. For example, the first South Korean exchange Korbit will soon start SHIB trading. This makes it the first Korean fair to offer Shiba Inu.
SHIB is one of the most popular memecoins on the market today. Only Dogecoin is bigger. Both are among the top 15 cryptocurrencies by market capitalization.
