SHIB News: Shiba Inu Hits Major Milestones with 1.5 Million Holders and 10 Million Blocks on Shibarium

The meme coin Shiba Inu has reached new heights, achieving two significant milestones that underscore its growing popularity and potential for future growth.

Shiba Inu Breaks Barriers: 1.5 Million Holders And 10M Blocks On Shibarium

The ecosystem of the meme coin Shiba Inu has achieved two major milestones, with 1.5 million holders and 10 million blocks on Shibarium. Analysts reported that these achievements indicate continued interest in the token, which could lead to a bullish scenario. The project’s marketing lead, LUCIE, noted that the meme coin hit 1.5 million holders on March 18, an important achievement for any crypto. As of recent updates, about 843 new holders have joined the ecosystem, suggesting sustained attractiveness for the token.

Shiba Inu (SHIB) Faces Further Challenges as Long-Term Holders Flee

Shiba Inu’s (SHIB) 3-month slump has deepened as long-term holders (LTHs) sell their positions to offset losses. Despite recent efforts to regain momentum, SHIB’s price has failed to sustain upward movement, indicating that the altcoin may not recover soon. The Age Consumed metric, which tracks the movement of coins held for an extended period, has risen, suggesting investor sentiment has taken a bearish turn. The increasing movement of HODLed coins further indicates a lack of confidence in short-term price recovery.

SHIB Price Could Surge 330% by September 2025—Should You Buy Now?

SHIB price surge predictions suggest the meme coin could see gains exceeding 300% by late 2025. Currently trading at around $0.00001240, Shiba Inu has experienced a 22.37% decline over the past month. Technical indicators show bearish momentum with short and long-term moving averages trending downward.

Shiba Inu Burn Rate Spikes 33% in Last 24 Hours

After a slow start to the week, Shiba Inu’s burn activity has increased with a 33% spike in the last 24 hours, according to Shibburn.com. Despite a noticeable dip in the number of SHIB burn transactions, a total of 18,684,231 SHIB was permanently removed from circulation. These burns were delivered through four separate transactions, raising questions about their impact on Shiba Inu’s selling pressure.