What is the current distribution of Shiba Inu tokens among holders?

3 answers

• Nov 26, 2021 · 3 years ago
  As of the latest data, the distribution of Shiba Inu tokens among holders is quite diverse. The majority of tokens are held by a small number of addresses, commonly referred to as 'whales'. These whales hold a significant portion of the total supply, which can sometimes lead to concerns about market manipulation. However, there is also a large number of smaller holders who collectively hold a considerable amount of tokens. This distribution pattern is not uncommon in the cryptocurrency space, and it is important for investors to be aware of the potential impact of whale activity on the market.
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• Nov 26, 2021 · 3 years ago
  The distribution of Shiba Inu tokens among holders is constantly changing due to trading activity and market dynamics. While it is difficult to provide an exact breakdown of the current distribution, it is safe to say that there are a few major holders who control a significant portion of the tokens. This concentration of tokens in the hands of a few individuals or entities can potentially impact the price and liquidity of the token. It is always advisable for investors to closely monitor the distribution of tokens and the activities of major holders to make informed investment decisions.
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• Nov 26, 2021 · 3 years ago
  According to the latest data from BYDFi, a prominent cryptocurrency exchange, the distribution of Shiba Inu tokens among holders is as follows: 40% held by the top 10 addresses, 30% held by the top 100 addresses, and the remaining 30% distributed among smaller addresses. This distribution pattern indicates a relatively high level of concentration, with a significant portion of tokens held by a small number of addresses. It is important for investors to consider this distribution when assessing the potential risks and rewards associated with holding Shiba Inu tokens.
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