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Shiba Eternity Sets Historical Record for Shiba Inu Day After Release: Details

Fri, 10/07/2022 - 08:44
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Gamza Khanzadaev
Number of SHIB holders grows in thousands after Shiba Eternity release
Shiba Eternity Sets Historical Record for Shiba Inu Day After Release: Details
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Shiba Eternity by Shiba Inu and PlaySide Studios has already managed to bring obvious marketing success to its creators, with the number of SHIB holders increasing by 2,220 a day after its launch. This brings the number of addresses holding at least one Shiba Inu token to a new all-time high of 2,193,520, according to CryptEye.

This is indirectly confirmed by the number of downloads of Shiba Eternity. The free-to-play card game has already hit the App Store in some regions, and the number of downloads on Google Play exceeds 10,000.

In total statistics, the number of SHIB holders has increased by 171,763 since July, where 104,200 have been added only since the beginning of September. As reported by U.Today, a sharp increase in the number of SHIB holders took place from Sept. 11, when more than 90,000 new SHIB wallets appeared in the following two weeks. By comparison, the standard weekly growth rate for new Shiba Inu token holders is no more than 10,000.

SHIB Holder Amount Grows in September by 100,000, Different from What It Used to Be

Shiba Inu (SHIB) price action

Interestingly, at the time of the biggest influx of SHIB holders in September, the cryptocurrency's quotations fell by almost 20%.

Source: TradingView

Overall, SHIB's price has not shown any dynamics. In the run-up to the launch, SHIB experienced short-term increases in trading volumes and even a 5% rise in quotations, but this can hardly be considered remarkable.

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About the author

Financial analyst, trader and crypto enthusiast.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.

He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.