The official Twitter account of meme cryptocurrency Shiba Inu has reached a new milestone of 3.4 million followers. For comparison, rival meme coin Dogecoin also has about 3.4 million Twitter followers. Shiba Inu has recorded growth in recent months, adding more than 700,000 followers since February.
Also, Shiba Inu's holder count continues to grow. The total number of SHIB holders has risen to 1,182,817, according to WhaleStats. An increase in the number of holders might suggest long-term interest in an asset, though it may not immediately impact the price.
Shiba Inu whales have been more active in the last 24 hours as WhaleStats' analysis of the top 100 Shiba Inu holders reflects a 20% spike in active addresses as crypto whales interacted with billions of Shiba Inu.
The blockchain data tracker also reported that Shiba Inu has flipped FTX in the biggest holdings for the top 100 ETH whales, accounting for $403,974,830 worth, or 14.53% of their holdings.
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