According to IntoTheBlock, the Shiba Inu (SHIB) themed cryptocurrency has reached a milestone with the total number of addresses surpassing four million.
This milestone highlights the growing acceptance and interest in #SHIB and marks a turning point in the development of the #cryptocurrency market.
The term "shared addresses" here refers to all addresses created to date that contained SHIBs at some point in time, as well as those that still do. Simply put, the total number of addresses is the sum of addresses that once contained SHIBs but no longer do, and those that do.
Thus, the total number of addresses with SHIB remnants has increased to 1.3 million. Overall, the increase in the number of addresses with balances is a good indicator that the user base is strengthening and growing.
In the future, reaching 4 million addresses could be the foundation for further growth and innovation in the SHIB ecosystem.
As the community expands and new usage scenarios emerge, Shibauanu will be well positioned to capitalize on opportunities for wider adoption and integration into the broader digital economy.
#Cryptocurrencies fell late Tuesday as optimism faded after Monday's rally. Bitcoin's fall was reflected in the cryptocurrency market as well, with several cryptocurrencies reporting losses at the time of publication.
Shibaura fell 3.13% to $000002783 in the last 24 hours, hitting an intraday low of $BTC Shibaura's April anomaly: will SHIB prices break the trend?
On the other hand, the shibab failed to break this level twice, on April 8 and 9, so resistance seems to be around $BTC If the break of this level is confirmed, SHIB price could rise to USD 000003285. On the other hand, if SHIB falls below the current range, it could find support between $0000025 and $0000026, where 17,960 addresses have purchased SHIB worth $2.87 trillion.
Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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