news 
Title: 1.5M SHIB Holders & 0.28% Market Dominance: Stability or Volatility?
Shiba Inu (SHIB) has made a significant milestone, surpassing the 1.5 million wallet holder mark. This achievement is particularly noteworthy considering its market dominance of approximately 0.28%. It is essential to examine whether this growth translates into stability or increased volatility in the SHIB market.
The Growing Wallet Holder Base
Reaching such an impressive number of holders, excluding centralized exchange (CEX) holdings, demonstrates the strong adoption and decentralization of the Shiba Inu ecosystem. The data suggests that investors have increasingly favored holding their own assets on blockchain networks rather than using CEXs for storage.
Source: https://cryptonewsland.com/1-5m-shib-holders-0-28-market-dominance-stability-or-volatility/
