2021 was a great year for the meme token, with both price increases and dozens of exchanges listing. The asset currently remains one of the most popular positions in the crypto market with over 1.1 million hodlers.
SHIB remains the most popular asset among whales. As the year 2021 comes to an end, it is the most popular asset among the top 1000 Ethereum (ETH) addresses.
Just before the new year, there is a positive atmosphere in the market. This positive mood is also reflected in SHIB’s metrics. The most important reason for the growth of SHIB metrics is today’s 2% increase and no selling pressure.
While the overall market data from SHIB looks positive, the volatility of the asset seems extremely low. Looking at the history of the token, the increase in volatility is one of the main sales reasons for Shiba Inu. Most SHIB holders immediately sell the token when the asset’s value increases by around 100% and buy the token for profit.
SHIB is trading at $0.00003446 at the time of writing, according to CoinMarketCap data.