SHIB has accomplished a significant new milestone that illustrates the degree of utility and acceptance that are expanding quickly. SHIB has had a sharp rise in ownership over the last day, while coins like LINK, MATIC, and others have lagged.
SHIB number of holders spikes
Data from CryptEye shows that since yesterday morning, there are now 1,679 more wallets holding SHIB. At the same period, LINK has added 548, MATIC has 707 more holders, and MANA has 151 more.
SHIB has added 35 new holders just in the last hour. There has been an increase of 10,142 during the previous week. There are now 2,368,030 SHIB holders worldwide.
There are other metrics that have grown, demonstrating greater SHIB usefulness. Puppyscan reports that there have been 27,615,568 total transactions on the Shibarium testnet, while there are 17,061,117 linked wallets.
SHIB burns turn green
Shibburn Explorer data shows that SHIB burns have been able to enter the green zone during the last 24 hours, however the increase is small—just 7.76% more than what was burnt yesterday. Since yesterday morning, a total of 7,966,120 SHIB had been taken out of circulation.
Only three transactions totaling 2,726,653 SHIB, 4,165,357 SHIB, and 1,074,109 SHIB have been made so far, delivering these meme tokens to non-spendable wallets.
According to the Shibburn website, 410,650,486,211,291 Shiba Inu meme coins have already been destroyed (sent to dead-end wallets), leaving 579,109,631,311,495 SHIB in circulation. Shiba Inu coins totaling 10,239,882,477,213 are presently staked, which implies they are also temporarily out of circulation.
Big rise in SHIB daily wallets observed
According to on-chain data provider Santiment, its analytics team has observed a sharp increase in the number of new Shiba Inu wallets being generated every day.
This statistic has increased to 2,500 daily new SHIB wallets established on the network during the past two weeks. This has been taking place despite the second-largest meme cryptocurrency’s startling price underperformance.
