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#SHIB The number of holders is rising again
It is now close to 1.69 million addresses and has continued growing over the past two weeks.
For a Meme coin, this data is quite interesting.
Price can be driven up by sentiment, but the continued increase in holders indicates that at least some new capital and new users are still entering this sector.
I think SHIB's biggest appeal now is no longer just the old “Shiba Inu” IP, but whether it can continue converting its huge community into a real ecosystem and capital flows.
1.69 million is just a number; the key is where the next 1 million will come from.
If the number of holders continues to grow, the Meme sector's momentum may not actually be over yet.
$SHIB