Recent data indicates that Shiba Inu has surpassed Bitcoin and Ethereum in long-term holder loyalty, signaling strong investor commitment even amid volatility.
SHIB Holder Loyalty Rate
Approximately 78% of Shiba Inu holders have maintained their positions for over a year, exceeding 75% for both Bitcoin and Ethereum. This high retention rate highlights the commitment of the crypto community towards SHIB.
Comparison with Bitcoin and Ethereum
Despite being labeled a **meme coin**, Shiba Inu boasts over 1.5 million holders, indicating its growing popularity. Over 60% of holders are at a loss; however, this has not impacted asset resilience, with market capitalization exceeding $16.8 billion.
Future of Shiba Inu
Shiba Inu continues to draw attention with developments such as the Shibarium solution, which has processed 700 million transactions. A 220% price increase signifies a recovery from a 90% decline. The token burn mechanism also influences demand and supply dynamics. Analysts project a 200% price increase by April 2025, but caution is advised due to the volatile nature of meme coins.
Shiba Inu demonstrates strong loyalty among its holders, which can positively influence its future in the cryptocurrency market. The ongoing ecosystem development and committed holder base are pivotal to its future trajectory.
