Shiba Inu Millionaire Numbers Fall Below 1,000 After Market Crash, How Much Do They Control?
The number of Shiba Inu millionaires has fallen below 1,000 due to a recent market crash affecting meme coins. On-chain data indicates that addresses holding between $100,000 and $10 million worth of SHIB tokens have decreased to 2,470, controlling over $3.5 billion in total. Specifically, wallets with $100,000 to $1 million have dropped to 1,059, while those with $1 million to $10 million are now at 880.25, totaling $2.8 billion. The number of addresses holding over $10 million has decreased from 93 to 74, with a combined value of $11.69 billion. This decline suggests market shifts as holders may be selling their assets amid ongoing volatility. Currently, Shiba Inu's price is $0.0000165, attempting recovery after a 20% drop, with a recent increase of over 9.8% in the past week, although trading volume has decreased by 41%.
