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Benzinga

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Shivdeep Dhaliwal

Dogecoin And Shiba Inu Data: Is Waning Interest Leading To Decline In Number Of Hodlers?

SHIB CoinMarketCap Google Trends

Dogecoin (CRYPTO: DOGE) and Ethereum (CRYPTO: ETH)-based token Shiba Inu (SHIB) have their own legions, but recent data indicates that waning interest in the two meme cryptocurrencies is paralleled by a decline in the number of holders.

What Happened: Data from CoinMarketCap indicates that on March 1, the number of addresses that held DOGE stood at 4,871,128. On March 14, this fell by 13.3% to 4,221,710.

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