Shiba Inu Up 18% Amid 1 Million SHIB Holders Milestone

Meme cryptocurrency Shiba Inu (SHIB) has surged to a price of $0.000044 at this time, marking an 18% value improve within the final 24 hours. 

The value surge has come amid a record-setting a million SHIB holders, introduced by the official Shiba Inu Twitter account earlier today

“Such a proud, and superb milestone for the ShibArmy. SHIB reaches a million holders,” the account tweeted. 

“Right this moment all of us cheer, and rejoice this nice second in SHIB’s historical past,” the staff added. 

Other than the a million holder milestone tweeted earlier at this time, it’s been an eventful month for the Shiba Inu cryptocurrency. 

Shiba Inu makes headlines, once more

In latest weeks, Shiba Inu has made a number of headlines.

One instance got here on November 15, 2021, when Gemini introduced that it was including the Dogecoin rival. 

SHIB arrived on Gemini’s shores alongside different notable cryptocurrencies, together with the USDC stablecoin, the AUDIO token from streaming platform Audius, and NFT platform SuperRare’s RARE token. 

Within the month previous the Gemini itemizing, SHIB elevated dramatically, reaching an all-time excessive of $0.00008616 on October 28, 2021. 

What’s extra, SHIB even briefly overtook Dogecoin—the flagship meme cryptocurrency—on two separate events between October and this month by total market cap. 

Earlier than making the lower on Gemini, SHIB was listed on Coinbase in September. 

Meme cryptocurrencies have lately attracted regulatory scrutiny in the UK, with adverts for different meme cash like Floki Inu fielding criticism for operating “irresponsible” adverts on public transport.

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