Baby Doge Army Keeps Growing While Shiba Inu Lags Behind By 500K Holders

Baby Doge BABYDOGE/USD has continued to outpace Shiba Inu SHIB/USD in terms of the number of holders, with a growing and passionate community dedicated to its success. 

What Happened: According to a recent tweet by BabyDoge burn transactions have seen an increase in new holders. The total number of holders of Baby Doge stands at 1.64 million.

See More: Best Crypto Day Trading Strategies

The number of SHIB holders is rising, but not as quickly as BabyDoge. SHIB has 23% fewer holders, 1.26 million in total, lagging BabyDoge by nearly 500,000.

According to Etherscan data, in December, SHIB saw an average of 643 new holders added daily. This stands in stark contrast to the situation at the end of November when SHIB lost almost 9,000 holders.

Price Action: At the time of writing, Baby Doge was trading at $0.000000001037 down 3.97% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Mixed Amid Possible Trouble For Binance: Analyst Says Crypto Traders More Concerned About Insolvency Risk

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsMarketsBaby DogeShiba Inu
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!