Shiba Inu Sets New Community Milestone: Details

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Shiba Inu Sets New Community Milestone: Details
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Shiba Inu (SHIB) achieves new community milestone SHIB $SHIB ShibArmy SHIBCommunity Shibainu

Now, this gap remains as Shiba Inu has 3.6 million followers on Twitter, while Dogecoin has 3.5 million followers at the moment.Also, Shiba Inu's holder count continues to grow. The total number of SHIB holders has risen to a new high of 1,243,804, according to WhaleStats. The increase in holder count might suggest long-term interest in an asset, though it may not immediately impact the price.

According to IntoTheBlock data, SHIB is also setting a new record for its long-term holders, or"hodlers." Long-term holders, or"hodlers," now account for 50% of Shiba Inu owners, surpassing midterm speculators and short-term traders, who account for 46% and 4%, respectively.In the past 24 hours, there have been a total of 43,217,038 SHIB tokens burned. The burn rate is also up 656% within this timeframe, per the Shib Burn website.

Shiba Inu fell to lows of $0.000082 on Nov. 9. A sharp rebound on Nov. 10 brought SHIB to intraday highs of $0.0000104. At the time of publication, bears are threatening to bring the SHIB price below $0.000010 once more. SHIB presently trades up 1.91% at $0.0000101, according to CoinMarketCap data, and ranks as the 14th largest cryptocurrency.

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