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Shiba Inu holders surpass 1.6 million as rich list thresholds drop, signaling wider community but concentrated supply.

Protocol Fundamentals
28 Aug 2026, 23:22 WIB
Dailycoin
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Neutral
Shiba Inu holders surpass 1.6 million as rich list thresholds drop, signaling wider community but concentrated supply.

Shiba Inu (SHIB) has reached over 1.6 million funded wallets, lowering the threshold to enter the top 1% of holders to about 380 million SHIB, worth roughly $2,000. Despite this broad holder base, the top 10 wallets still control over 62% of the supply, including burn and exchange wallets, highlighting supply concentration. This means while many hold SHIB, market movements depend heavily on a few large holders. The token's price recently rebounded from lows, but its future depends on whether large holders accumulate more or move their tokens back to exchanges.

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