Over 1,000,000 active users now hold Shiba Inu

Shiba Inu, the "Dogecoin killer" now has more than 1,000,000 holders. The memecoin Shiba Inu keeps attracting new investors daily as it reached another milestone despite trading 50% below its all-time high.

Despite falling from its all-time high of around $0.00008190 in October to $0,00004145 at press time, Shiba Inu (SHIB) attracted new traders, resulting in the token surpassing the 1 million holders point.

This news gave the Shiba Inu army a fresh breeze as the price increased by over 11.4% in the past 24 hours. The official Shiba Inu Twitter account tweeted the news on November 25.

Note that this increase in SHIB value is still trading below its October 28 peak of $0.00008190, due to SHIB whales taking profits. Recently, South Korean exchange Korbit added support for SHIB.