Shiba Inu's price action is an absolute rollercoaster!! @Shibtoken is now down -11% over the week, while still being up +3% in the past 24 hours. This crazy price action follows a sharp spike in $SHIB's price witnessed across July 25 and July 26. The memecoin story is never boring...

Shiba Inu token holders actually FELL over the past week. According to @etherscan data, @Shibtoken lost 89 holders in the period between July 23-30. While this decrease is so small as to be basically irrelevant, it shows that $SHIB adoption has not benefitted from the industry's resurgence in memecoin attention. With that said, $SHIB did experience a massive price surge on July 25 and 26, its price now having somewhat retraced.

Shiba Inu holder growth stalls after sudden spike... After $SHIB's holder count surged by nearly 75,000 in the space of just 24 hours on July 6, growth has been slow indeed. Between July 6 and July 17, @Shibtoken's holder base grew by less than 1,900. The explanation behind the insane spike in early July appears to still be a matter of speculation.

Shiba Inu SHIB Now Has 1.585 Million Unique Holders! According to data from Etherscan, some 1.585 million different wallet addresses now have non-zero $SHIB balances. Growth however, has been slow and steady, the figure standing at 1.583 million some two weeks ago. At time of writing, @Shibtoken has a market cap of nearly $3.5 billion and remains the world's second largest memecoin.