DeFi & NFT
By MikeT
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Shiba Inu Millionaires: A Sharp Decline. At the present price of $0.00001254, those holding at least 80 billion SHIB tokens are considered…
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Large Wallets Also Feeling the Pressure. The trend is even more pronounced for larger SHIB holders.
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Impact on Retail Investors. Not only whales but also retail investors have felt the heat of the ongoing price slump.
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The Wider Picture: SHIB's Price and Market Sentiment. The dip in the number of Shiba Inu millionaires closely mirrors the overall price performance of…
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Conclusion. Shiba Inu's recent struggles have led to a noticeable drop in the number of millionaires holding…
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The number of Shiba Inu (SHIB) millionaires has sharply decreased as the price of the popular memecoin continues to face significant bearish pressure.
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Meanwhile, wallets holding between $1 million and $10 million in Shiba Inu currently total 799, managing approximately 175 trillion SHIB tokens worth around $2.2 billion.
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The trend is even more pronounced for larger SHIB holders. Wallets with balances exceeding $10 million have dwindled to only 62, down from 75 wallets last month.
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Not only whales but also retail investors have felt the heat of the ongoing price slump. Wallets holding between 1 million and 10 million SHIB tokens have decreased to 568,950,…
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Moreover, around 496,750 wallets hold fewer than 1 million SHIB tokens. Although these wallets represent smaller investments, they collectively control 142 billion SHIB, which is…
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While Shiba Inu remains one of the most well-known cryptocurrencies in the market, its recent price performance has raised concerns among investors.
The Currency Analytics
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