Shiba Inu Holds at $0.00001: Profits in Sight for SHIB Holders?

• Shiba Inu: A Prominent Meme Coin
• Shiba Inu Holders' Profitability
• Shiba Inu Holding Statistics
• Current Trading Status of SHIB

Shiba Inu: A Prominent Meme Coin

Shiba Inu$0.000010 -2.05% has come to be recognized as a leading meme coin, giving its main rival, Dogecoin$0.091 -0.42%, a run for its money. The SHIB team has put in constant efforts, driving various projects for the benefit of its community. However, there appears to be a sense of concern among a portion of the Shiba Inu community, especially with the coin's value hovering just above $0.00001. This situation begs the question: how many SHIB holders are really profiting at the moment?

Shiba Inu Holders' Profitability

A deep dive into the details provided by IntoTheBlock indicates that just 37% of all Shiba Inu holders are experiencing profits. It also shows that 7% of the holders are breaking even, while a significant 57% are suffering losses.

Shiba Inu Holding Statistics

Looking on the bright side, it is noted that a substantial 75% of the coin's holders have demonstrated long-term faith in it, keeping it in their possession for over a year. Additionally, 22% have held onto their SHIB for a duration ranging from one month to a year, and a small 3% have been in the game for less than a month.

Current Trading Status of SHIB

As of the most recent updates, SHIB is trading at $0.00001018, witnessing a slight decrease of 2.4% in value over the past 24 hours. In order for a larger portion of the holders to turn their situation around and start profiting, SHIB needs to outdo itself and exceed its previous record high of $0.00008845.

Edited by Jonathan Stoker