SHIBA INU loses over 30,000 holders in a single day as interest in SHIB wanes

Between March 16 and March 17, the number went from 1,199,453 to 1,166,621 – a 2.74% drop, according to CoinMarketCap data acquired by Finbold on March 18.

Earlier in March, Finbold reported that the number of on-chain transactions of the SHIBA INU token was on a downward pattern for the fourth month in a row. Between January and February 2022, this number had gone down from 283,268 to 257,003, or by 9.27%.