Shiba Inu (SHIB) has gained approximately 200,000 new owners since the one million mark was reached in late 2021. SHIB’s current total holder count stands at 1,198,043, according to data from WhaleStats, indicating growth in this area. The increase in the number of holders may not have a direct influence on the token’s market price. However, from the standpoint of primary growth, this may be a good indicator.
According to WhaleStats, the average SHIB balance held by the top 100 Shiba Inu holders has increased by 50.29% in the last 24 hours. Their portfolios’ average SHIB value has increased by 36.07%. At the time of publication, SHIB was trading at $0.00002298, up 5%. Large investors are known to take advantage of dips in the market to stockpile tokens at a discount.
SHIB was temporarily in the top 10 acquired tokens and top most used smart contracts by the 1,000 largest ETH whales over the last 24 hours, according to Whalestats.
New developments for Shiba Inu
SHIB has had a very successful streak so far this year with multiple collaborations and listings.
Prominent crypto exchange platform, Binance, has just announced a new giveaway where they will be giving away shares of Shiba Inu tokens worth a total of $100,000 to its new users, via two promotional contests.
‘Beds To Go,’ an American mattress store, has also announced that they will accept Shiba Inu as payment on their checkout page.
Additionally, Shiba Inu will be collaborating with fashion designer John Richmond, together who will release 10,000 SHIB themed NFTs and a lineup of clothing items. The physical version of these NFTs will be displayed at the Milan Fashion Week 2022.
Moreover, SHIB holders will have special access to an afterparty at the Milan Fashion Week later this year. The theme for the afterparty is yet to be announced.
A ShibaCon event is planned for later this summer in Las Vegas, in addition to the SHIB burn parties.