Shiba Inu (SHIB) and Dogecoin (DOGE) Holders Near an Important Milestone: Details#BTC $SHIB

Check out how many SHIB and DOGE holders currently exist.

TL;DR

Shiba Inu and Dogecoin lead the meme coin sector with substantial community bases, having millions of holders.

Assets of that type attract investors with their potential for rapid gains, though their inherent volatility also poses significant risks of losses.

Despite the emergence of solid competitors, Shiba Inu (#SHIBA✅🚀 ) and Dogecoin (#DOGE🔥🔥 ) remain the undisputed leaders in the meme coin realm. The tokens have a combined market capitalization of over $45 billion, representing 70% of the entire market cap of the asset class.$DOGE

DOGE and its biggest rival have experienced severe price fluctuations in the past years. Their valuations are currently well in the green, spiking by triple digits on a two-week scale.#xrp

They have also been long enough on the market to gather a substantial community base and investors. According to IntoThe Block, there are around 1.3 million SHIB addresses and 6.3 million DOGE holders.

Even though Pepe Coin (PEPE) has performed better in the last month, it still lags behind the leaders. The crypto analysis platform estimated there are just 170,000 addresses that currently hold the frog-themed meme coin.#HotTrends

Another meme coin that surpasses PEPE in terms of adoption is Floki Inu (FLOKI). The latter has almost 500,000 holders across the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.