Shiba Inu’s Supply Concerns Rise as Few Wallets Hold Majority
Recent analysis reveals a concerning trend in Shiba Inu’s (SHIB)
token distribution. A handful of wallets currently manage an
impressive 61 of the total supply. This concentration of tokens
raises red flags for investors and analysts alike.
While these top holders could influence market dynamics, this
observation is only part of the story. Understanding how these
wallets interact with the broader market is critical. Analysts
fear that such concentration may pose a risk for price stability,
creating uncertainty for everyday investors. Observers of the Shiba
Inu community must stay alert to developments that could impact
the overall health of SHIB.