Shiba Inu Team Shares New Milestone as SHIB Holders Surpass 1.5 Million

On April 22, Shiba Inu executive Lucie announced a major community milestone via an X post, showcasing the dog-themed token’s steady growth since its launch in late 2020.

According to the post, Shiba Inu ($SHIB), built on the Ethereum blockchain, has now surpassed 1,508,012 on-chain holders, a significant achievement that highlights sustained interest from both long-time supporters and new adopters.

This milestone coincides with the broader crypto market rally, which saw global market capitalization rise by 4.16%, alongside a 17.60% spike in trading volume, per CoinMarketCap data.

As Bitcoin led the way, most altcoins followed with notable gains. $SHIB recorded a strong 6.23% price increase, while its trading volume also jumped by 22.02%, reflecting the growing momentum. At the time of writing, $SHIB is priced at $0.00001310, a level it last touched on April 1.

15.3 million transfers stun $SHIB ecosystem

Alongside its expanding holder base, the $SHIB network recently recorded another major achievement: 15,360,568 total transfers. This surge in network activity highlights the active participation of the $SHIB community in moving tokens between wallets, exchanges, and DeFi protocols.

Much of this growth is credited to the $SHIB team’s continued focus on expansion efforts, including initiatives like the $SHIB burn strategy, which aims to boost long-term token value by reducing supply.

Lucie praised the community's progress and hinted at the next big goal, 2 million holders, a number many believe is within reach given the current momentum. Community responses to Lucie's post were overwhelmingly positive, with several users expressing confidence in $SHIB’s continued rise.

In the same post, Lucie issued a caution to investors, warning them against imitator tokens and project knock-offs.

With strong on-chain activity, consistent price action, and growing community engagement, $SHIB is once again drawing attention.

As reported by U.Today, popular technical indicators suggest Shiba Inu may be on the verge of a 100% breakout, further fueling optimism among investors.