Shiba Inu continues to attract new holders, but most investors have joined the ecosystem for more than a year. Nonetheless, the meme coin’s price has slipped by double digits since the start of 2026, while stalled activity on Shibarium suggests the downtrend may not be over.
Key takeaways
Quick scan — what you need to know:
- Shiba Inu continues to attract new holders, but most investors have joined the ecosystem for more than a year.
- Nonetheless, the meme coin’s price has slipped by double digits since the start of 2026, while stalled activity on Shibarium suggests the downtrend may not be over.
- Significant Progress or?
- Earlier today (March 25), the X account Shibarium | SHIB.IO issued an important update related to the entire Shiba Inu ecosystem.
Background
What led here, in plain terms:
- The team revealed that the total number of addresses holding the meme coin has reached 1,558,200.
- Additionally, it reported steady monthly growth of over 8,500 new wallets, noted that 78% of all SHIB holders have hopped on the bandwagon more than a year ago, and that the amount of tokens sitting…
- The last part is particularly important, as it suggests that investors continue to abandon centralized platforms in favor of self-custody, thereby reducing immediate selling pressure.
- Data from CryptoQuant, though, shows a slightly different story.
Why it matters
Why readers and decision-makers should care:
- However, nobody is using it, and there are no applications for using your tokens on Shibarium yet.
- If they get that solved, Shiba Inu will go to the moon.” The post Shiba Inu Team Shares Vital Ecosystem Update as SHIB’s Price Plunges 15% YTD appeared first on CryptoPotato.
- Even with the ongoing progress, SHIB's price remains under pressure.