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- Published: November 26, 2021 14:13
New Delhi: Good news for the DOGE KILLER Shiba Inu holders and community, the coin has crossed an important milestone of 1 million SHIB holders. Shiba Inu has managed to get listed on the South Korean crypto exchange successfully despite strict regulatory requirements is another big news for the community.
On November 25, 2021, Shiba Inu crossed the milestone of 1 million holders which is big news for the SHIB community as the meme token has emerged as one of the favorite coins. This all has been possible because of SHIB whales as they have consistently accumulated tokens during the price dip and with that burn implementation was a good hit. The coin burn reduced the coin circulation triggering a rally in the coin’s price.
Such a proud, and amazing milestone for the #ShibArmy!$SHIB reaches 1,000,000 holders.
Today we all cheer, and celebrate this great moment in SHIB's history.#1MFRIENDSHIBS #SHIB pic.twitter.com/T1UtMRdQ7r
— Shib (@Shibtoken) November 25, 2021
Shiba Inu saw a drop of almost 50% from its all-time high of $0.00008616 in the past two weeks and still, there is a spike in interest among the people. Investors seek a good money-making opportunity while investing in the coin.
@venturefounder, a cryptocurrency analyst tweeted:
$SHIB offers another good case study. Buy during the quiet period of accumulation, sell when it reaches a new ATH again.
I am beginning to look at #memecoins as a diversification strategy for any #crypto portfolio, alpha are too great to ignore. 1% allocation would do wonders. pic.twitter.com/6HXy90aGQW
— venturefoundΞr (@venturefounder) November 24, 2021
Korbit, a South Korean cryptocurrency exchange listed the coin despite strict regulatory requirements. Korbit has provided an exposure of 100,000 users for the coin.
Will SHIB drop another Zero this year?
As per experts, it is difficult for Shiba Inu to drop another zero from its price though every prediction cannot be on point and any time a big whale can change the game overnight. As per Wallet Investor, Shiba Inu is a good potential coin and it can be a very stunning long-term investment.