Meme coin Shiba Inu has managed to outpace Cardano , but another meme coin season appears to be on shaky groundThe meme meme coin is valued at $16.4 billion after adding 9.2% over the past week. Mastercard Issues New Crypto Announcement: Key Details Revealed
Following Shiba Inu's recent price spike, 67.07% of all addresses are currently in the money despite the fact that SHIB is still down as much as 67.7% from its current all-time high which was logged in October 2021. This is the largest percentage of holders in the money since March. The second-largest meme cryptocurrency has managed to record substantial gains despite slowing Shibarium activity.
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