Shiba Inu (SHIB): Maintaining Profitability Despite Market Downturn, 733 Trillion Tokens Hold Steady

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Despite the current lull in Shiba Inu (SHIB) price, a massive 733 trillion SHIB tokens held in wallets remain profitable, indicating the resilience and long-term commitment of SHIB holders.
The Break Even Price indicator reveals that a substantial portion of SHIB holders continue to hold onto their tokens at profitable levels.
SHIB’s price action shows a recovery trend, with the token up 4% in the last 24 hours, matching the general market recovery.

Discover how Shiba Inu (SHIB) holders remain profitable despite the current price lull, and the potential future growth and adoption of SHIB in the broader crypto ecosystem.

Resilience of SHIB Holders

On-chain data reveals that a whopping 733.61 trillion SHIB held by 653,530 Shiba Inu addresses remain profitable, having been bought in the range of $0.000002 and $0.000022 at an average price of $0.000011. This underscores the resilience and long-term commitment of SHIB holders, who have weathered multiple market cycles and remain committed to their hodling strategy.

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17m ago•