Following its recent meteoric rise to record highs, the meme cryptocurrency Shiba Inu (SHIB) is presently experiencing high volatility, which looks to be influencing the number of people who own the cryptocurrency.
The decentralized token is now just 9,000 holders away from reaching 1 million unique addresses, with 991,306 as of November 22, according to the latest data from Etherscan.io.
Only three weeks ago, after adding 80,000 new holders in less than a week. Interestingly it was only on November 19 when the number of SHIB holders had briefly declined for the first time since October 8, 2021.
