Cryptocurrency

Shiba Inu Launches Official Communication Portal, Adds 100,000 New Users within Weeks of Reaching 1 Million Milestone

In the quest for further expansion in the industry, Shiba Inu (SHIB), the hottest meme token at the moment, has launched an official communication portal.

The new development was shared some hours ago via the official Twitter handle of SHIB tokens. According to the report, the milestone was attained due to the hard work of Shiba Inu developers.

Read Also: Shiba Inu (SHIB) Developers Working On a Layer 2 Scaling Solution Called Shibarium. Here’s Why It’s Important

The report added that the communication portal is designed to serve as the official medium of communication for the Shiba Inu ecosystem.

SHIB tweeted, “We’ve been hard at work over the holiday period and are pleased to announce our new Shiba Inu Ecosystem Official Communication Portal. This will be the official medium/line of communication for our ecosystem. Woof!”

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As the Shiba Inu network continues to grow, it keeps striving for better social interaction with its teeming users.

In late October, Shiboshis Social Club, exclusively for Shiboshi owners, was launched. The Shiboshi Social Club is a place for the whole pack to hang out and receive exclusive perks, whereas SHIBOSHIS is a collection of 10,000 exclusive Shiba Inu generated non-fungible tokens (NFTs).

Shiba Inu (SHIB) 100,000 New Users within Weeks of Reaching 1 Million Milestone

Only weeks after attaining the 1 million milestone in its holder count, Shiba Inu has added 100,000 new users in this category.

According to data from WhaleStats, Shiba Inu (SHIB) current total holder count stands at 1,100,617, reflecting a notable growth in this aspect.

Courtesy of WhaleStats

Read Also: Over 3.2 Trillion SHIB Coins Purchase worth $125 Million Births a New Shiba Inu Whale

In terms of market prices, the rise in the number of holders may not directly impact the token in terms of price, but from the perspective of primary growth, this might be a positive sign.

At the time of filing this report, Shiba Inu (SHIB) is trading at $0.00003447 and occupying 13th position in the crypto market, according to CoinMarketCap.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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