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Shiba Inu nears 1.6 million holders as July adds 1,633 new addresses despite market slump

Protocol Fundamentals
03 Jul 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) is approaching a milestone of 1.6 million holders, with 1,599,919 addresses recorded and 1,633 new addresses added in July alone. This growth comes despite a broader altcoin market slump, which has seen many cryptocurrencies trade at multi-year lows. Analysts note this prolonged market underperformance is testing investor patience, but the increasing holder count highlights ongoing interest in SHIB. If market conditions improve, SHIB could see price gains toward $0.000005 and beyond, but current trends suggest any bounce may be short-lived without stronger buying pressure.

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