The total number of Shiba Inu investors crossed the 1.5 million mark in February 2025, according to the latest data from Etherscan. SHIB is seeing an increase of approximately 0.015% holders every day as investors take positions in the token. The dog-themed token had around 1.2 million holders in 2022-23 and surged by 300,000 in two years. The steady surge in the number of holders indicates that Shiba Inu remains a promising cryptocurrency for traders.
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Why Are Investors Attracted To Shiba Inu (SHIB)?
SHIB is available for purchase at less than a Cent making it affordable to regular investors. It’s a low-hanging fruit that’s up for grabs and does not burn a hole in the pocket to accumulate. In addition, traders can get to hold millions or billions of tokens for lesser amounts, compared to other leading cryptocurrencies.
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Shiba Inu is currently trading around the $0.000017 mark on Friday. A basic investment of $17 could fetch investors 1 million tokens. There’s a common psychology among traders here that when Shiba Inu reaches the $0.01 mark, their millions of tokens could turn into millions of dollars.
Investors believe they could make life-changing gains if they accumulate SHIB. However, whether Shiba Inu will reach the $0.01 milestone or not, there is nothing wrong with taking an entry position. This also irons out FOMO and gives them a sense of relief that ‘someday I could make it’.
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Read here to know a realistic price prediction on when Shiba Inu could reach the $0.01 mark. The majority of holders are hoping and dreaming for the token to get there and live a life of financial freedom. Several early investors made millions in SHIB by investing basic amounts of money. Read here to know how a truck driver walked away with $1.4 million by investing $650 in the token.