Shiba Inu (SHIB) has recently faced bearish market trends, yet a significant portion of its tokens remain profitable. This shows investor confidence and potential for further growth.
Investor Confidence Maintained
Despite recent price struggles and falling trading volumes, many SHIB holders maintain their positions. Approximately 123.27 trillion tokens remain profitable, representing 36.95% of the total supply, indicating sustained investor trust despite uncertainties.
Impact of Token Burns and Whale Accumulation
SHIB tokens have held support at the $0.000012 level due to active community token burn initiatives. A previously inactive whale purchased over 64 billion SHIB, signaling large investor interest.
Future Prospects of SHIB
SHIB tokens continue to gain popularity, surpassing 1.5 million holders. Analysts suggest current trends may benefit SHIB's price in the future.
While SHIB's price remains subdued, a significant portion of its tokens stays profitable. This, along with large investor actions, might positively affect future developments.
