Shiba Inu displays rare phenomenon in this blockchain KPI ShibArmy SHIBCommunity SHIB $SHIB
long-term holders, or"hodlers," is surpassing that of midterm spectators and short-term traders. Currently, half or 50% of Shiba Inu holders are in it for the long term, which is a big positive for SHIB.
This is the highest percentage of long-term holders seen so far for the meme cryptocurrency, which started with its holders being purely short- and midterm holders.data on holder composition by time held, 50% of SHIB holders have"hodled" their tokens for more than a year, 47% have held within a year and 3% have held onto their tokens for less than a month.
The staying power of most Shiba Inu holders is being proven amid the current $2 trillion market rout. This is because Shiba Inu was not exempt from the bearish action; it is currently down 88.87% from its all-time high of $0.000088, which was reached almost a year ago.In the last 24 hours, the crypto market has been hit with another wave of sell-offs.
has indicated support for Shiba Inu's governance token, BONE ShibaSwap , to enable millions of merchants globally to accept it as payment.
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