1.5M Wallets Now Hold SHIB as 7.5 Trillion SHIB Move Spark Rocket Hopes ⋆ ZyCrypto
The post 1.5M Wallets Now Hold SHIB as 7.5 Trillion SHIB Move Spark Rocket Hopes ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Shiba Inu (SHIB) has hit a remarkable milestone: its holder count has exceeded 1.5 million wallets for the first time ever. This new all-time high comes amid expanding use cases and growing global adoption, sparking fresh speculation about a potential price breakout in the near future. According to data from Shib.io, as of Monday, the total number of SHIB holders has reached approximately 1,511,101, reflecting a steady increase, with nearly 3,000 new wallets added in just under two weeks since late May. While the daily addition of holders may seem modest, the overall trend points to sustained interest and expanding community engagement. LUCIE, Shiba Inu’s ecosystem marketing strategist, celebrated the milestone tweeting, “SHIB HOLDERS HIT NEW ATH! 1,511,101 wallets now hold SHIB — that’s 0.011% of global population. The army is growing. The mission is alive.” Alongside retail enthusiasm, significant whale activity has been observed. Over the past week, massive transfers of SHIB tokens, totaling roughly 7.5 trillion tokens valued at over $100 million, have been moved into Coinbase Institutional wallets. Advertisement
  Notably, such moves could mean big holders are either preparing to sell for profits or rebalance, or that institutions are positioning for long-term involvement. Though motives aren’t clear, this activity shows SHIB’s growing significance beyond meme coin hype. Elsewhere, the Shiba Inu ecosystem continues to expand. Developments such as Shibarium, a Layer 2 blockchain solution, and emerging decentralized finance (DeFi) applications built around SHIB contribute to a growing real-world use case narrative. These innovations help differentiate SHIB from other meme coins by adding utility and encouraging a more engaged community. Significant buying volume has also emerged near the $0.000012 to $0.000013 price range, as per data from indicating strong investor interest and a potential support zone. The surge in trading volume by…
Filed under: News - @ June 9, 2025 10:33 pm