1.5M Holders, 10M Blocks on Shibarium
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The ecosystem of popular meme coins has reached two major milestones, indicating that continued interest in tokens may lead to bullish situations. Analysts reported that Shiba INU recently reached 1.5 million holders, while its Shibarium recorded 10 million blocks, suggesting that the SHIB ecosystem can attract new users.
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1.5 million Schhib holders
Crypto analyst reveals Shiba Inu Successfully achieved an important milestone, providing a highlight for the wider cryptocurrency market, with some challenges recently.
Lucie’s marketing head noted that the meme coin reached 1.5 million holders on March 18, reaching such a milestone is a major achievement for any cryptocurrency.
As of this writing, about 843 new holders have joined the INU ecosystem, indicating that tokens are still attractive to traders.
Shib has reached 1.5 million chain holders! 😍 pic.twitter.com/skaao57r6i
– 𝐋𝐔𝐂𝐈𝐄 (@lucieshib) March 18, 2025
Analysts believe Shiba INU milestones show the continued interest in meme coins, which drives significant growth in tokens. It also shows the perception of meme coins.
Market observers say this milestone could mean a strong belief in its community in the token.
10 million blocks of shibarium
Meanwhile, Shiba INU’s Ethereum Layer 2 network, Shibarium As of press time, there were estimated to be more than 10 million blocks, with an estimated 10,010,974 blocks, and a victory was also recorded.
Crypto analysts say the achievement proves the longevity and reliability of the network, adding that it can attract more new users.
Market observers noted that the network’s total address has reached exponential growth in the past few weeks, as the address now has nearly 175 million.
Shibarium’s growth is crucial to burning wipes tokens and major price control mechanisms. Many investors are optimistic that reduced supply and stable demand may cause a token surge. Shibarium plays an important role in burning about 713 million wet bones.
Unmoved by the cryptocurrency recession
Many analysts say the milestones achieved by Shiba INU and Shibarium offer great hope for investors, considering the ongoing downward trend Cryptocurrency market.
For example, Shiba Inu has dropped about 68% over the past four months, falling from 0.00003343 in December 2024 to 0.000001082 in March 2025 $0.0000001082.
On the other hand, some analysts raised their concerns about the poor performance of volunteer INUs, noting that the tokens have increased by only 98% after the U.S. presidential election, while Dogecoin has surged by 200%.
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Currently, Shiba INU is trading at $0.00001288 per token, down 0.2% in the past 24 hours, with a total market value of more than $7.5 billion.
Featured images from Getty Images, charts from TradingView
