Shiba Inu Top 1 Percent Requires Massive Holdings

A recent analysis by The Crypto Basic found that to join the top 1 percent of Shiba Inu holders, one would need to hold at least 380 million SHIB. This estimate is based on an examination of about 1.68 million wallets holding Shiba Inu.

The research revealed that only 16,785 wallets exceed this threshold, with a combined total of 380 million SHIB. At the current price of $0.0000053, buying 380 million SHIB would cost approximately $2,014 or about 2,775,000 won.

If the price of Shiba Inu were to return to its previous record high of $0.00008845, the value of 380 million SHIB would increase to around $33,611 or about 46.3 million won. This represents a 1,568 percent increase from the current valuation.