True Number of Shiba Inu Holders Around 3.5 Million or More? and What This Means For The SHIBARMY

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

According to ETHERSCAN the total amount of Holders of the crypto Currency sits at 1,180,438 as of today. While this is an amazing number this number does not even come close to reflecting the true amount of holders of the Shib Token.

What is not calculated in the data is those holders on cryptocurrency exchanges. Due to the fact that Shiba Inu is now one of the most listed Cryptos these numbers are completely wrong. Some estimates point to a number closer to 5-6 Million while others that have analyzed data over 2 months ago using algorithms from Binance and CoinMarket Cap Volume were close to 2.5 million holders. you can see one of these analyses from Reddit user BeautifulEnd949. No matter which data we have looked at all seems to point to the same thing.

By not analyzing the exchanges, which Shiba Inu is now on 65 of, we are missing the true numbers and the power of the SHIBARMY. If we were to do an average of all the data analyses that have been done the average consensus of the total holders would be around 3.5 million holders. Whales seem to be aware of this with SHIBA INU being the second most held crypto Currency according to Whale Stats.

This all comes on the tales of the news about #SHIBERSE being released in 2022 and as many are speculating that SHIBARIUM is just around the corner. There is going to be a lot of FOMO action once the SHIBA INU price takes off. Currently, there is a lull with all cryptocurrencies but Holders never seem to care about that as they trust in the Shiba Inu concept, community, and devs.