Bitcoin
BTC$64 628.67

0.98%

Ethereum
ETH$3 159.06

0.71%

Tether
USDT$0.999642

0.02%

Binance Coin
BNB$616.20

2.01%

Solana
SOL$146.66

-2.12%

USD Coin
USDC$1.000055

0%

One million Shiba Inu users can't be wrong... can they?


26 Nov 2021

#SHIBA INU

With over one million token holders, Shiba Inu looks set for great things ahead, despite trading more than 50% below its all time high. Shiba Inu (SHIB) has reached an adoption milestone by surpassing the 1 million holders mark — even though the memecoin is trading 50% below its all-time high. News of the milestone and daily price increase has energized the Shiba Inu community since the official Shiba Inu Twitter account tweeted a shoutout late on Nov. 25.

Since the project reached this milestone, the price has jumped up 11.4% over the past 24 hours, with SHIB now trading at $0.00004237 according to Coingecko. There are 1,002,021 SHIB holders according to data from Etherscan.

Despite the recent price increase, SHIB is still trading well below its Oct. 28 peak of $0.00008190, possibly due to SHIB whales taking profits. There’s plenty going on in the Shib Inu world. Bitfinex Derivatives listed SHIB with Tether (USDT)-paired perpetual contracts for trading on Nov. 23. 

And South Korean exchange Korbit has been accepting deposits and SHIB was scheduled to start trading at 3AM UTC. This makes Korbit the first Korean exchange to list Shiba Inu. Dogecoin (DOGE) is currently the only other memecoin available to trade on the four big exchanges that still operate legally in South Korea: Upbit, Bithumb, Coinone, and Korbit. Korbit has the opportunity to list new tokens paired with the Korean Won (KRW) as it was one of the few exchanges in Korea to come into full compliance by Sept. 24 with new rules designed to combat money laundering.

DOGE is South Korea’s fifth-most traded crypto by trade volume. DOGE has been very popular in Korea since 2017 when the country was gripped by ICO fever and cryptocurrencies traded at a premium compared to global prices — known as the “Kim Chi Premium.” It remains to be seen whether the addition of more memecoins such as Shiba Inu could lead to another speculative frenzy.

SHIB is one of the most popular memecoins on the market today, behind only DOGE. Both are among the top 15 cryptocurrencies by market cap. Inspired by DOGE, SHIB itself has many copycat coins across several chains. In total, there are over 19 cryptos with ‘Shiba’ in their names.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 84.4% 23 $64 628.67 0.98% 1.82% $1 272 549 046 711 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 71.6% 51 $3 159.06 0.71% 3.24% $385 557 858 196 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $0.999642 0.02% -0.08% $110 423 991 962 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 86% 20 $616.20 2.01% 12.14% $90 944 101 922 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 67.6% 71 $146.66 -2.12% 4.60% $65 562 976 868 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.6% 2 $1.000055 0% 0.02% $33 247 081 720 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 69.6% 62 $0.529978 -1.38% 5.39% $29 217 248 301 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 67.2% 60 $0.152266 -0.82% 1.05% $21 931 506 577 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 66.4% 66 $5.52 -1.85% -14.48% $19 156 571 239 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 66.4% 72 $0.473390 -1.24% 4.30% $16 868 730 809 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 63.6% 82 $0.000026 -0.37% 14.49% $15 274 775 352 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 66.8% 68 $35.87 -3.04% 2.84% $13 565 953 763 AVAX 7 days price change
13 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
14 TRON (TRX) TRX TRON predictions 84.4% 21 $0.117105 2.77% 7.54% $10 254 777 324 TRX 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88% 19 $0.116747 2.69% 7.49% $10 223 468 554 WTRX 7 days price change

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