Overview

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The top 100 holders collectively own 75.25% (752,442,840,167,929.00 Tokens) of SHIBA INU Shiba has declined by 8.4% over the past month. Shiba Inu’s long-term holders remain optimistic with hodlers’ balances and addresses hitting a new ATH. Despite Nearly 200M Shiba Inu set on fire. Alongside this increase in holder count, SHIB’s daily burn witnessed a spike as well. As per a recent tweet by Shibburn, a total of According to data from the Shibarium validator tracker, the staked BONE tokens have crossed the 26 billion count and are now pegged at 26,020,173.6431 units. The Also Read: Shiba Inu Holder Count Inches Closer To ATH. At press time, SHIB was trading at $0. and is down 0.7% in the 24 hours day trade. SHIB is also Shiba Inu (SHIB) whales have been busy in the market lately, as on-chain data suggests that they are positioning themselves for more moves to the upside from the

Shiba Inu Holder Count Inches Closer to ATH: Whale Activity & Optimistic Hodlers

The Shiba Inu (SHIB) community is buzzing as the Shiba Inu holder count inches closer to an All-Time High (ATH). This surge in holders coincides with interesting on-chain activity and continued optimism from long-term SHIB enthusiasts. Despite market fluctuations, the dedication of the #ShibArmy remains strong.

Long-Term Holders Remain Bullish

Shiba Inu's long-term holders remain optimistic, with hodlers’ balances and addresses hitting a new ATH. This unwavering faith is a testament to the community's belief in the long-term potential of the Shiba Inu ecosystem. Despite Shiba having declined by 8.4% over the past month, many see this as an opportunity.

Whale Activity Suggests Upside Potential

SHIB is also Shiba Inu (SHIB) whales have been busy in the market lately, as on-chain data suggests that they are positioning themselves for more moves to the upside from the. This activity from large holders often signals potential price movements and increased market interest.

Burning Shiba Inu: Reducing Supply

The community continues its efforts to reduce the circulating supply of SHIB. Despite Nearly 200M Shiba Inu set on fire, alongside this increase in holder count, SHIB’s daily burn witnessed a spike as well. As per a recent tweet by Shibburn, these burning mechanisms aim to create scarcity and potentially drive up the value of the remaining tokens.

BONE Staking Reaches New Heights

The Shiba Inu ecosystem extends beyond SHIB itself. According to data from the Shibarium validator tracker, the staked BONE tokens have crossed the 26 billion count and are now pegged at 26,020,173.6431 units. The increased staking of BONE further contributes to the ecosystem's stability and growth.

Concentration of Holdings

It's important to note the distribution of SHIB holdings. The top 100 holders collectively own 75.25% (752,442,840,167,929.00 Tokens) of SHIBA INU. This concentration is a factor to consider when evaluating the overall market dynamics of SHIB.

SHIB Price Update

At press time, SHIB was trading at $0. and is down 0.7% in the 24 hours day trade. [Insert Actual Current Price Here]. Keep an eye on market trends and developments within the Shiba Inu ecosystem.

Looking Ahead

The future of Shiba Inu remains uncertain, but the growing holder count, whale activity, burning mechanisms, and ecosystem developments like BONE staking point to continued interest and potential growth. Stay informed and conduct thorough research before making any investment decisions.

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