Shiba Inu (SHIB) Reaches Impressive New Milestone as Adoption Expands

SHIB

Leading meme coin has reached new high as number of users has been expanding rapidly

In the last two days, the number of SHIB holders has increased by over 2,000. Meanwhile, Meme Coin has become one of the top 10 assets with the largest Ethereum investors.

SHIB holder count spikes to 2,100

According to a tweet posted by SHIB-themed account @shibaburned, by Dec. 21, the growth of SHIB holders constituted 1,100 and reached a total figure of 1,268,573.

However, leading wallet tracker WhaleStats, which also provides on-chain analytics data on the most popular coins, shared that over the past 24 hours, the total number of Shiba Inu holders has increased and now stands at 1,269,760. Hence, in the last two days, the total number of SHIB holders increased by more than 2,100.

SHIB becomes top purchased crypto

In a recent tweet published by the aforementioned WhaleStats, Shiba Inu canine token as once again appeared on the top 10 list of cryptocurrencies that have been purchased most actively in the past 24 hours.

Apart from SHIB, there are popular tokens like APE, UNI, BAT and few others in that list.

SHIB burn rate jumps

As reported by Shibburn crypto platform that tracks SHIB burn transactions using data from Etherscan, in the last 24 hours, roughly 5 million Shiba Inu were extracted from circulation and sent to dead-end wallets. The burn rate, therefore, went up by 65.29%.

So far, a total of 410,383,334,195,001 SHIBs have been removed from circulation; This is about half of the total SHIB supply.

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