Bitcoin
BTC$24 167.69

4.37%

Ethereum
ETH$1 802.06

5.66%

Tether
USDT$1.000165

0%

USD Coin
USDC$0.999821

-0.01%

Binance Coin
BNB$329.34

3.41%

XRP
XRP$0.383652

2.43%

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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Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
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Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 76% 40 $24 167.69 4.37% 4.06% $461 986 960 625 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 64.4% 74 $1 802.06 5.66% 8.25% $219 634 900 920 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000165 0% -0.01% $66 487 517 659 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $0.999821 -0.01% -0.03% $54 206 596 633 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 68% 61 $329.34 3.41% 15.25% $53 134 575 557 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 80.8% 40 $0.383652 2.43% 1.91% $18 546 934 260 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 73.2% 52 $0.544197 4.81% 6.15% $18 368 049 848 ADA 7 days price change
8 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $1.000037 0.03% 0.14% $17 878 592 729 BUSD 7 days price change
9 Solana (SOL) SOL Solana predictions 74% 44 $43.13 6.71% 2.19% $15 022 313 319 SOL 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 69.2% 58 $9.34 8.65% 10.04% $10 316 601 052 DOT 7 days price change
11 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
12 Dogecoin (DOGE) DOGE Dogecoin predictions 82.8% 27 $0.071327 3.16% 3.99% $9 462 957 069 DOGE 7 days price change
13 HEX (HEX) HEX HEX predictions 70% 62 $0.054029 7.13% 11.76% $9 369 148 526 HEX 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 68% 69 $29.72 6.82% 27.01% $8 455 261 736 AVAX 7 days price change
15 Polygon (MATIC) MATIC Polygon predictions 64.8% 77 $0.944750 3.46% 3.94% $7 590 881 808 MATIC 7 days price change

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