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Number of Investors in Shiba Inu (SHIB) Stalls

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The number of new investors taking an entry position in Shiba Inu (SHIB) is moving at a snail’s pace. SHIB boasted approximately 1.5 million holders at the start of January, and nine months down the line in September, the numbers have barely moved up. According to the latest data from Etherscan, SHIB holders are still 1.539 million with a growth of just 0.002% over a month. In August, the number of holders was 1.535 million, and has grown by only 4,000 wallets. Also Read: What Happens If Shiba Inu (SHIB) Reaches $1? The development does not come as a surprise, as Shiba Inu has failed to generate interest among the investor community. The relentless price dip has made traders avoid the token as it is erasing all investments made this year. SHIB has dipped nearly 43% year-to-date and is among the least-performing cryptocurrencies in the market. The development has dampened investors’ mood as several other altcoins are delivering better profits. Investments in Shiba Inu Dries U...