The cryptocurrency Shiba Inu is undergoing significant changes. This article examines its current price state, holder structure, and future developments.
SHIB Price Dynamics
In the last month, SHIB has shown a sharp correction, failing to maintain above the resistance level of $0.00001447. Currently, the price hovers around $0.0000126 and is at risk of breaking through the 50-day moving average. Technical indicators suggest further downward pressure, and a move toward the $0.000011 support zone appears likely without proactive actions from the bulls.
Structural Changes in Holders
Analysis from IntoTheBlock indicates that nearly 80% of all SHIB tokens are now held by long-term investors (wallets holding for over a year). This shift in holder structure is startling given the token's initial rise, which was based on speculative hype. While the proportion of short-term traders has decreased by more than 10% over the past year, the stability of long-term holders is increasing. This creates conditions for greater resilience, as sharp price drops are less common when tokens are held in long addresses.
Outlook for Shiba Inu
With the increasing share of long-term holders, a more balanced market phase is approaching. While this may lower the likelihood of sudden spikes, such as 100% in a day, Shiba Inu is transitioning to a more reliable long-term asset model. For many investors, this is no longer just a gamble, but a serious bet on the future, indicating slow but steady growth.
Having undergone significant changes, Shiba Inu demonstrates a transition towards a more stable and sustainable market model. This may attract the interest of long-term investors, although speculation is no longer a defining factor.
