Meme coin Shiba Inu (SHIB), created on Ethereum, ranked fifth in terms of the number of ERC-20 token holders on the blockchain mentioned above.
Shiba Inu placed fifth in the ERC-20 token holders
Etherscan.io ranks SHIB fifth in terms of the number of ERC-20 token holders on the ETH network with 995,285 addresses. Less than 5,000 people remain under the 1 million holders.
Tether ranks first with 4,148,775 holders, followed by the croup asset Livepeer Token (LPT) with 2,525,810 addresses. Third place went to CarLive Chain (IOV) with 1,846,990 holders, fourth place to USD Coin (USDC) with 1,296,978 holders.
It is noteworthy that despite a slight decline on November 19, the number of SHIB holders continued to grow. After the recent rocket rise to record highs, it is undergoing a phase of correction, which, however, does not affect the number of people who own the cryptocurrency.
Given the continuing increase in the number of holders, we can say that there are more small investors in the market. Apparently, they are counting on a new growth target, also due to the possible entry on the Kraken exchange.
Shiba Inu was listed on the South Korean exchange Korbit
Crypto exchange Korbit became the first trading platform in South Korea to announce support for Shiba Inu meme trading. Starting today, the site will allow customers to transact with a Korean won.
Korbit is one of the few cryptocurrency exchanges that has managed to meet strict regulatory requirements in order to continue to operate. Smaller players were forced to close their business earlier this year. Along with the addition of Shiba Inu to the South Korean market, the Korbit Exchange also launched the country’s first nonfungible token marketplace.
This week, Shiba Inu was also listed on the Singapore exchange Coinhako, in which billionaire Tim Draper invested. However, the crunch itself does not show any signs of recovery… so far.