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Shiba Inu<\/a> hit an important milestone of 1 million holders with a rise in the number of investors. The memecoin listed on a South Korean crypto exchange successfully despite strict regulatory requirements.\u00a0<\/p>\n Dogecoin-killer Shiba Inu has crossed the 1 million holders milestone earlier on November 25, 2021. The memecoin has emerged as one of the favorite ERC-20 tokens among Ethereum whales.\u00a0<\/p>\n During the Shiba Inu price dip, whales have consistently accumulated SHIB<\/a> tokens. Alongside burn implementation, this reduces the circulating supply of Shiba Inu, triggering a rally in SHIB price.\u00a0<\/p>\n Shiba Inu price has experienced high volatility over the past two weeks, dropping over 50% from its all-time high of $0.00008616. Despite the price drop, there is a spike in interest and accumulation by crypto investors.\u00a0<\/p>\n @venturefounder, a cryptocurrency analyst, picked SHIB<\/a> as an ideal asset for portfolio diversification. The analyst recently tweeted:<\/p>\n $SHIB<\/a> offers another good case study. Buy during the quiet period of accumulation, sell when it reaches a new ATH again.<\/p>\n I am beginning to look at #memecoins<\/a> as a diversification strategy for any #crypto<\/a> portfolio, alpha are too great to ignore. 1% allocation would do wonders. pic.twitter.com\/6HXy90aGQW<\/a><\/p>\nShiba Inu crosses 1 million holders, prepares for price rally<\/h2>\n
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