Shiba Inu holders reached the 1.5 million milestone in January 2025, marking a new juncture for the dog-themed token. When traders assumed the number of holders could increase and cross 2 million in 2026, new investors began giving SHIB a miss.
From January 2025 to March 2026, new investors have barely taken an entry position in Shiba Inu. The latest data from Etherscan shows that the number of SHIB wallets stands at 1,554,376. Only 54,000 new wallets were added in the last 15 months. That’s approximately 120 new investors into its fold each day for more than a year.
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New Holders Staying Away From Shiba Inu
Around 120 holders per day is extremely low as they’re scattered and not concentrated. Shiba Inu needs an influx of new investors in millions, as it did in 2021, to scale up its price in the charts. The stagnation of new investors has led to the charts becoming dry, with little to no trading activity. Older investors are forced to hold on to their tokens and only hope for them to surge.
Newer investors who believed that SHIB could have bottomed out in value have also been proven wrong. Shiba Inu is hitting new lows every time you think it could have bottomed out. Almost every investor is now underwater with SHIB due to the relentless price decline. It made traders feel that an investment in the token is assured of a loss.
With no new investors making an entry into Shiba Inu, present-day holders are now in a fix. Shibarium is not burning SHIB tokens as promised; the new projects have nothing to do with real-world utilities, and the previous projects have no takers. All of these have snowballed into failures, leading to the token’s price depreciation. If this continues, the number of new holders could stagnate further, leading to extensive misery.
