Shiba Inu's Holder Count Nears 1.7 Million Mark

Shiba Inu (SHIB) has experienced a notable increase in the number of addresses holding the token, with approximately 4,770 new addresses added over the past two weeks.

This growth brings the total holder base closer to the 1.7 million mark, according to data highlighted by BSCN.

The increase in SHIB-holding addresses is seen as evidence of continued activity among the Shiba Inu community, with BSCN referring to its holders as the 'SHIB army'.

However, it's essential to note that holder counts do not necessarily indicate how much SHIB each address holds, whether the addresses belong to unique individuals, or whether newly counted addresses represent active users.