Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

83% Of Shiba Inu Wallets Are At A Loss: Should We Still Believe In It?

22h ago
bullish:

0

bearish:

0

Share

They have raised it to the top of the rankings. They have engraved its logo on their profiles, organized community burns, imagined ecosystems. And yet, Shiba Inu, the star of memecoins, today seems to have lost some of its shine. The time when each tweet from the SHIB team made the price soar seems far away. There has been Shibarium, promises of deflation, speculative surges… But as the euphoria fades, a realization imposes itself in the wallets.

Shiba Inu logo cracked in a desert

Shiba Inu: the majority losing — when enthusiasm turns into forced patience

A historic milestone for Shiba Inu? Certainly, but according to the latest data from IntoTheBlock, 82.96% of addresses holding SHIB are currently at a loss. We are talking here about investors whose purchase price exceeds the current value of the memecoin. A large majority underwater, spectators of an unpredictable market. However, this figure does not erase the complexity of the landscape.

gains-pertes-Shiba Inu
Percentage of gains and losses of SHIB holders – Source: IntoTheBlock

From another perspective, 147.41 trillion SHIB are still in profit, proof that not everything is bleak. 31.83 trillion tokens “in the money” coexist with 42.26 trillion still in the red. This distribution shows the extreme dispersion of entry points, a consequence of a heavily publicized and massively speculative asset.

Trading volume has fallen by over 21%, a sign of temporary disinterest, but the presence of 8.9 trillion SHIB in open interest — about 110 million dollars — confirms that some investors have not given up.

Shibarium, burn, speculations: reasons to still believe?

Beyond the price, the infrastructure continues to develop. The Shibarium network, the Layer 2 solution of the ecosystem, has recently exceeded the symbolic milestone of one billion transactions. In the last 24 hours, 4 million movements have been recorded. The total number of blocks exceeds 10.2 million, and the 194 million active addresses testify to some underlying enthusiasm.

Regarding the burn strategy, the figures fluctuate between surprise and disappointment. One day +12,000%, the next day -60%. These chaotic peaks illustrate an active community but difficult to mobilize over time.

Despite this, analyst Javon Marks remains resolutely optimistic. He sees in the SHIB price a solid foundation for a major rebound, with a target at $0.000081, representing a potential increase of +550%. An ambitious projection, certainly, but one that resonates with some early loyalists.

Shiba Inu is at a pivotal phase. Far from its most glorious hours, it continues to make the heart of a community willing to wait beat. The accumulated losses on the wallets are a reality, but the story of SHIB is not over. The team behind the project has stated: a thunderous return is in preparation. While waiting for it to materialize, everyone is biding their time — with the hope, perhaps, of transforming a red line into a green fireworks display.

22h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.