Shiba Inu (SHIB) records 1 million plus holders, return to green zone.

Shiba Inu (SHIB) records 1 million plus holders on Thursday, November 25, while the dog meme currency also returned to green zone on after going through a rapid two-week-long dip session.

The official twitter handle for the dog meme coin conformed the news earlier today with the following tweet.

The meme coin is very popular with the masses as well as with the mainstream media. Some even calls it the true people's cryptocurrency opposite of what Elon Musk said in his tweet about the Dogecoin (another meme crypto coin).

• The Shiba Inu is a public cryptocurrency which was released in 2020, by an unknown person or a group known as “Ryoshi”.

• The entire market capitalization of the dog meme currency is 24.648 billion at the time of writing. The coin has seen a pleasant hike of around 20 per cent today according to Coinmarketcap .

The coin was launched in August 2020, calling itself the 'Dogecoin killer.

Shiba Inu is an altcoin which has seen some rapid development in recent times as it grew by a ridiculous 60,000,000 per cent over the last year. Though, the meme cryptocurrency is deflecting criticism that it is simply a suspected classic pump and dump fraud scheme.

The coin enjoys huge popularity on the social media platform Twitter, the holders of the meme coin refers themselves as “Shibarmy” and after the news of them passing 1 million mark, they quickly rushed to the platform to express themselves.