Hey Shiba fam! ๐๐ If youโve been holding SHIB or watching its price closely, youโll want to check this out. *Shiba Inu* is recovering, and its recent price rise is helping increase the number of millionaires in the SHIB community! Letโs dive into the numbers and see how this is unfolding. ๐ฐ๐
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*Price Recovery and SHIB Millionaires ๐พ๐*
- *Current Price*: As of now, *SHIB* is trading at *0.00001682*, showing a *3% rise today*. ๐น This recovery is boosting the fortunes of both *whale holders* and *retail investors* whoโve been holding on during the downturn.
- *Weekly Performance*: SHIB is in the *green* this week, which is a good sign after a tough monthly dip. While the monthly chart is still *down 24%*, the bounce back has *gradually improved holdersโ portfolios*. ๐โก๏ธ๐
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*How Many Millionaires Are Holding SHIB? ๐*
*At 0.00001682*, hereโs the breakdown of SHIB millionaires:
1. *100,000 to 1 Million in SHIB*:
- *1,580 wallets* hold between *100,000* and *1 million* worth of SHIB.
- These wallets have a collective value of over *600 million*. ๐ธ๐ต
2. *1 Million to10 Million in SHIB*:
- *880 wallets* fall into this category.
- Their *combined portfolio* is worth more than *$3 billion*. ๐ฑ๐
3. *10 Million and Above in SHIB*:
- There are only *75 wallets* holding over *10 million* in SHIB.
- But, the *total value* of these wallets exceeds an *astonishing13 billion*! ๐๐ฐ
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*Whatโs Happening With Retail Investors? ๐ค*
- *1 Million to 10 Million SHIB*:
- Over *572,000* wallets hold between *1 million* and *10 million* SHIB.
- *Dollar value*: Around *16 to162* in SHIB per wallet. ๐ต
- *Less than 1 Million SHIB*:
- About *494,000* wallets hold fewer than *1 million* SHIB.
- *Total value* for this group: *37 million*. ๐ช
- *10 Million to 100 Million SHIB*:
- Around *303,000* wallets fall into this category, holding *159 million* worth of SHIB. ๐
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*The Big Picture: Whoโs Truly a SHIB Millionaire?*
- *Millionaire Threshold*: Only a *handful of addresses* hold enough SHIB to be considered millionaires, and they dominate the *top holdings* of the coin.
- *Why This Matters*: Even though there are *millions of holders*, the top-tier wallets control a *massive portion* of the total supply, which means that the *market* is still highly concentrated in the hands of a few.
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*Whatโs Next for SHIB? ๐ฎ*
With *SHIBโs price rebounding by 32%* from the low of *$0.0000123*, the *whale portfolios* are gradually recovering, and things are looking more positive for *long-term holders*. ๐ ๐ช
But, rememberโSHIB is a *volatile asset*, so itโs important to stay informed and make smart moves. ๐จ
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๐ *Conclusion*: If youโve been holding *Shiba Inu*, the recent price recovery is definitely a win! ๐ฅ But the *millionaire wallets* still control a huge chunk of the market, so keep your eye on the bigger picture. With the *SHIB price* on the rise, there might still be more gains ahead for both *whales* and *retail investors* who *hold strong*. ๐
Letโs see what happens next! ๐
#ShibaInu #CryptoMillionaires #SHIBPrice #CryptoRecovery #CryptoUpdates