Shiba Inu added 3,464 new holders in June, pushing its total holder count to 1,590,266, according to data from Etherscan SHIB. The popular meme coin is now within striking distance of the 1.6 million holder milestone, even as the broader cryptocurrency market faces persistent pressure.
Despite the token's price sliding to a monthly low of $0.00000433 on June 6 and later recovering only to fall again, wallet growth remained steady. SHIB traded around $0.000004737, down 5% for the week, reflecting wider market turmoil after the Federal Open Market Committee meeting led by Fed Chair Kevin Warsh and a higher-than-expected US initial jobless claims figure of 226,000 for the week ending June 13. These factors triggered liquidations in leveraged positions across crypto.
Nevertheless, the addition of thousands of wallets signals sustained retail interest and community resilience. Holder growth does not guarantee immediate price gains, but it often indicates long-term confidence and expanding network engagement. With the 1.6 million mark within reach, Shiba Inu continues to build one of the largest communities among meme-based cryptocurrencies.
