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Topic: Shiba Inu Long-Term Holders Are Increasing as Investors Shift Focus (Read 335 times)

member
Activity: 686
Merit: 21
I see a big future for this project. Especially now with a bearish market Shiba has an opportunity to grow
A Shiba Inu coin is a good project starting from the time then lunch a Shiba Inu so it is ripple that does not regard that coin that they called Sheba is good for long investment you can buy it now and leave it for a period of two years or three years and the the potential of the current will continue to remain constant so if I should advise anyone to invest in altcoin Shiba Inu will be one or the my list I will lead to two people to buy a coin that is good in altcoins section
legendary
Activity: 2996
Merit: 1023
Leading Crypto Sports Betting & Casino Platform
I see a big future for this project. Especially now with a bearish market Shiba has an opportunity to grow
The big project like this will always a future until it will be doing something wrong like terra luna. Shiba inu has some good active platforms that also being used by so many users. Its defi was not a game changer and shibarium was not getting hyped anymore.

More people go long caused by it has reached the bottom. im not even feeling doubt to see that as it can be predicted easily
sr. member
Activity: 2002
Merit: 281
Vave.com - Crypto Casino
There is an increase in the percentage of SHIB coin holders because the market is in a correction stage, I think it doesn't mean that current investors believe that SHIB coin is a good choice to make as a long term investment, maybe they are forced to hold it because they buy coins at peak prices so they inevitably have to wait until the market returns to normal so as not to incur huge losses if they sell it now.
hero member
Activity: 2688
Merit: 704
Yeah the coins somehow joking on the peeps who did not entered at the right time. But as a saying, its risky to invest in meme coins after DOGE really became doggy when its master Elon left it middle of nowhere. With the new meme coins launching again and again it became really funny but somehow many of them made millions of dollars out of it and became rich very quickly. Call it as their luck or being at right place at the right time. Its very attractive these days and there is feeling of want of having SHIB. May be there is no harm having fee million SHIB in wallet.
People who think that Elon would be the main key factor on how they become rich will have a bad day in the future when they realize Elon doesn't care about them or their coins. Look at all the replies to Elon’s tweets, there are millions begging for him to talk about doge again, just so that the price would go up, even buy doge and let the world know so that price would go up, and they are crying about how they lost all of their life’s work (how could you?

I mean even if you bought at peak and sold now, it's not fully lost, and that’s peak loss) and I think it’s really a shame for people to spend all their time hoping for a single person to decide their whole future.
And in a way is kind of funny don't you think? One of the main reasons for bitcoin to exist at all was to be able to decide on your own what to do with your money and not allow any single other person to tell you what to do with.

And all of those people that are invested in dogecoin and other meme coins are basically letting Elon Musk to decide what it is going to be their financial future, and as you say he only cares about himself and no one else, so to think that somehow he's going to care about millions of people that are follow him in Twitter is a huge mistake and all of those people are probably going to lose a fortune in the process because of him.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
Yeah the coins somehow joking on the peeps who did not entered at the right time. But as a saying, its risky to invest in meme coins after DOGE really became doggy when its master Elon left it middle of nowhere. With the new meme coins launching again and again it became really funny but somehow many of them made millions of dollars out of it and became rich very quickly. Call it as their luck or being at right place at the right time. Its very attractive these days and there is feeling of want of having SHIB. May be there is no harm having fee million SHIB in wallet.
People who think that Elon would be the main key factor on how they become rich will have a bad day in the future when they realize Elon doesn't care about them or their coins. Look at all the replies to Elon’s tweets, there are millions begging for him to talk about doge again, just so that the price would go up, even buy doge and let the world know so that price would go up, and they are crying about how they lost all of their life’s work (how could you?

I mean even if you bought at peak and sold now, it's not fully lost, and that’s peak loss) and I think it’s really a shame for people to spend all their time hoping for a single person to decide their whole future.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
Long back itself there is a swift in the investors mindset. Majority of the investors from USA and UK have searched for Shiba Inu much on Google. This shows that the interest over Shiba have been increasing for some reason. The team keeps working to keep up the growth, but how far this is getting maintained is still unpredictable. For long term there will be growth, but those like it's early days isn't gonna happen anymore.
hero member
Activity: 1820
Merit: 537
In the past bull run, most of the investors show interest in the Meme coins and Shiba is one of them and make a good reputation in the market now. We all know Shiba has a huge supporting community and in recent times, we have seen many of the big investors accumulated huge amounts of Shiba coins because they have trust in Shiba. I hope in the next bull run we can expect some good moves So adding more Shiba to the portfolio is not a bad idea.
Adding Shiba to your portfolio should be done with extreme caution, it is true that it seems the coin is here to stay as the community is quite big, but at the same time we cannot deny that it is still a meme coin.

So it is a mistake to think that it is a good idea to buy the coin now, if you are interested in the coin then wait until the next bull market comes and when Shiba gives signals that it is ready to pump once again then that could be the moment in which investing in Shiba could be a good move.
Sounds like a FOMO investment to me, it's safer to go with your strategy but at the same time bear market is the perfect time to buy coins, I think people are just mad that a mere meme coin became so well successful and only a few accept that its different, till this day many still warns against investing in Shiba inu.
We have different preferences in buying altcoins. Some investors are trying to get rid of meme coins because of their bad experiences with Doge while others are taking the ride and buying Shiba for the hope of gaining huge profits as what happened to its early investors. There's no harm in trying and we can also pick the risk that we can bear. Shiba has a huge supply yet many investors still accumulate more of it. Let's see how it could strike when the market recovers again because as long as many people support it, it can grow in the future.
copper member
Activity: 44
Merit: 0
I see a big future for this project. Especially now with a bearish market Shiba has an opportunity to grow
full member
Activity: 1048
Merit: 102
In the past bull run, most of the investors show interest in the Meme coins and Shiba is one of them and make a good reputation in the market now. We all know Shiba has a huge supporting community and in recent times, we have seen many of the big investors accumulated huge amounts of Shiba coins because they have trust in Shiba. I hope in the next bull run we can expect some good moves So adding more Shiba to the portfolio is not a bad idea.
Adding Shiba to your portfolio should be done with extreme caution, it is true that it seems the coin is here to stay as the community is quite big, but at the same time we cannot deny that it is still a meme coin.

So it is a mistake to think that it is a good idea to buy the coin now, if you are interested in the coin then wait until the next bull market comes and when Shiba gives signals that it is ready to pump once again then that could be the moment in which investing in Shiba could be a good move.
Sounds like a FOMO investment to me, it's safer to go with your strategy but at the same time bear market is the perfect time to buy coins, I think people are just mad that a mere meme coin became so well successful and only a few accept that its different, till this day many still warns against investing in Shiba inu.
even though Shiba is a memecoin that has reached 1000x ROI,
of course I think if you want to buy SHIB just because you believe in $1 it's nonsense,
even though SHIB is already listed on coinbase I still don't believe in this FOMO,
it's better to invest properly, like buying a coin with good fundamentals, not a memecoin
hero member
Activity: 1736
Merit: 520
Leading Crypto Sports Betting & Casino Platform
It is only suitable as a short-term investment, it should not be considered a long-term investment.
Regarding the trend of memecoins, doge and shiba are also the two most prominent coins, both also have a large supportive community, so holding these 2 meme coins is not too bad. Nevertheless, it's good if you bought at a high discount instead of buying at the peak of last year, you will be better off because hype can happen at any time.
staff
Activity: 2436
Merit: 2347
And it could also be the reason why investors who bought Shiba at the top of the chart last year at extremely high prices are now forced to become long-term holders in the hope that their investment will at least not turn into a loss. And how much longer Shiba will recover to past price peaks no one knows. Maybe 2 years, maybe never.
hero member
Activity: 2072
Merit: 603
Yeah the coins somehow joking on the peeps who did not entered at the right time. But as a saying, its risky to invest in meme coins after DOGE really became doggy when its master Elon left it middle of nowhere. With the new meme coins launching again and again it became really funny but somehow many of them made millions of dollars out of it and became rich very quickly. Call it as their luck or being at right place at the right time. Its very attractive these days and there is feeling of want of having SHIB. May be there is no harm having fee million SHIB in wallet.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.
If you are expecting Shiba Inu to rally once again and that too just like Dogecoin did, then you need to find someone like an influencer who could help in rallying the token. Elon Musk is the sole reason for the Dogecoin rally and it is hard to image that you would see something like that in the future in the meme market. Nothing wrong in being optimistic Wink.
legendary
Activity: 3150
Merit: 1197
Unfortunately, when I checked my wallet, I have some Shib and the price was still at the dropped rate. That is why there is no choice again, just holding.
however, I am personally not really sure about how the long-term investment of Shiba Inu. It is just a few coins and only for free invesmnet.
Btw, Shib is always sure that they can be stronger and rise up higher in the future. but, how sure you are?
We know how the journey of meme coin, the most popular and used maybe Doge coin, moreover it is also used fro several types of paymenet. Different from Shib that is still not really sure about the real use case of this coin.
It’s ok to hold your SHIB that you bough before but if you are planning to buy again, I think its too risky now and the hype is not with Meme token anymore since NFTs came, it slowly fade away. The dream to see SHIB at the price of $1 will remain a dream because its not going to happen, the supply is too much for that price and there’s no utility with SHIB, better not to get hyped with the meme token again.
Right now the market is experiencing the real growth. The market Hype doesn't make anymore impact. Shiba team is doing the best to sustain the market with different plans of token burning. This cuts down the supply, but it is really a hard task to reach $1 which is far from the market price. For users who allocate spending on a memecoin to their portfolio can invest a little to check their long term luck.
full member
Activity: 2128
Merit: 180
Unfortunately, when I checked my wallet, I have some Shib and the price was still at the dropped rate. That is why there is no choice again, just holding.
however, I am personally not really sure about how the long-term investment of Shiba Inu. It is just a few coins and only for free invesmnet.
Btw, Shib is always sure that they can be stronger and rise up higher in the future. but, how sure you are?
We know how the journey of meme coin, the most popular and used maybe Doge coin, moreover it is also used fro several types of paymenet. Different from Shib that is still not really sure about the real use case of this coin.
It’s ok to hold your SHIB that you bough before but if you are planning to buy again, I think its too risky now and the hype is not with Meme token anymore since NFTs came, it slowly fade away. The dream to see SHIB at the price of $1 will remain a dream because its not going to happen, the supply is too much for that price and there’s no utility with SHIB, better not to get hyped with the meme token again.
hero member
Activity: 1932
Merit: 622
ROLLBIT > Crypto's Most Rewarding Casino
Unfortunately, when I checked my wallet, I have some Shib and the price was still at the dropped rate. That is why there is no choice again, just holding.
however, I am personally not really sure about how the long-term investment of Shiba Inu. It is just a few coins and only for free invesmnet.
Btw, Shib is always sure that they can be stronger and rise up higher in the future. but, how sure you are?
We know how the journey of meme coin, the most popular and used maybe Doge coin, moreover it is also used fro several types of paymenet. Different from Shib that is still not really sure about the real use case of this coin.
hero member
Activity: 2254
Merit: 585
Adding Shiba to your portfolio should be done with extreme caution, it is true that it seems the coin is here to stay as the community is quite big, but at the same time we cannot deny that it is still a meme coin.

So it is a mistake to think that it is a good idea to buy the coin now, if you are interested in the coin then wait until the next bull market comes and when Shiba gives signals that it is ready to pump once again then that could be the moment in which investing in Shiba could be good move.
We should not rush to add more shiba coins to the portfolio even though the current price is lower, but it is better to wait for the bull market or when the pump is high from the increasing effect of the coin meme trend, so that we can be sure that the shiba profit signal is verified based on some indications that the discussion of meme coin has become a trending topic in the crypto community and its trading volume has increased significantly and other factors have contributed to the increase in meme coin.
legendary
Activity: 2464
Merit: 1145
FOCUS
In the past bull run, most of the investors show interest in the Meme coins and Shiba is one of them and make a good reputation in the market now. We all know Shiba has a huge supporting community and in recent times, we have seen many of the big investors accumulated huge amounts of Shiba coins because they have trust in Shiba. I hope in the next bull run we can expect some good moves So adding more Shiba to the portfolio is not a bad idea.

If Dogecoin did not get a big hype from Elon Musk there will never be any Shiba Inu, Shiba Inu developers have to thank Dogecoin for getting a big lift, the meme coin hype created Shiba Inu, and there are a lot of meme coins because of Dogecoin but only Shiba Inu gets the nod and support of the community, I guess Shiba is here to stay because of the community support, there are investors who still love meme so we have now two top meme coins in the market and yeah its worth adding to your portfolio.
True! Every sh*t/dog coins would not even have time to shine. It's all because of Elon why so many trash dog coins are in the market right now. It's just the Devs of Shiba Inu did seize the opportunity and do all of the possible things they can so they survive the harsh market and wouldn't end up like other projects during the bear market. The community saw the determination of the Devs that's why they are on it right now. Though Shiba Inu is still a meme coin, There would still be a chance that they can collapse and have a distrust from their community. We can make Luna as an example of the collapse where the fundamentals are better than meme coins.
hero member
Activity: 2688
Merit: 704
In the past bull run, most of the investors show interest in the Meme coins and Shiba is one of them and make a good reputation in the market now. We all know Shiba has a huge supporting community and in recent times, we have seen many of the big investors accumulated huge amounts of Shiba coins because they have trust in Shiba. I hope in the next bull run we can expect some good moves So adding more Shiba to the portfolio is not a bad idea.
Adding Shiba to your portfolio should be done with extreme caution, it is true that it seems the coin is here to stay as the community is quite big, but at the same time we cannot deny that it is still a meme coin.

So it is a mistake to think that it is a good idea to buy the coin now, if you are interested in the coin then wait until the next bull market comes and when Shiba gives signals that it is ready to pump once again then that could be the moment in which investing in Shiba could be good move.
legendary
Activity: 3192
Merit: 1198
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In the past bull run, most of the investors show interest in the Meme coins and Shiba is one of them and make a good reputation in the market now. We all know Shiba has a huge supporting community and in recent times, we have seen many of the big investors accumulated huge amounts of Shiba coins because they have trust in Shiba. I hope in the next bull run we can expect some good moves So adding more Shiba to the portfolio is not a bad idea.

If Dogecoin did not get a big hype from Elon Musk there will never be any Shiba Inu, Shiba Inu developers have to thank Dogecoin for getting a big lift, the meme coin hype created Shiba Inu, and there are a lot of meme coins because of Dogecoin but only Shiba Inu gets the nod and support of the community, I guess Shiba is here to stay because of the community support, there are investors who still love meme so we have now two top meme coins in the market and yeah its worth adding to your portfolio.
legendary
Activity: 1946
Merit: 1224
'Life's but a walking shadow'!
I know there are quite a lot of people who believe in shiba coin, whom want to hold the meme coin for the long term, but honestly i wouldn't do that, that does not mean i own any of the coin, but even if i did, i will not categorize a meme coin like it to be a long term project or to be sustainable for many years ahead. Investors that want to get rich pretty fast might think they have hit 'gold' with this meme coin, but it is prolly better to play on the safe side and sell when you can make ROI. Shiba investors might be increasing, i do not know about that, but you would also have to think of it as just hype, and imagine a scenario where the hype is gone. It is better to sell when you can make profits, than hold coins that aren't long term projects and then become a bag holder.
sr. member
Activity: 1596
Merit: 264
~
19%? It is a meme coin anyway, but I would not expect that kind of percentage to be that close to even 10%. I thought this coin was already dead for a long time after the hype along with Elon was no more, lol.
I guess that 19% has some portion where investors forgot that they were holding Shiba.
I would not expect the numbers to be larger than 19% anytime soon. Not a fan of these mem coins anyway.
hero member
Activity: 1904
Merit: 544
We are all the pieces of what we remember.

This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.



I believe that I'm not a big fan of Shiba Inu but was surprised that it is now being traded by two local exchangers here in our country with over 10 million users, these two exchanges only list the best and most profitable coins that they think will go long term I instantly become a supporter of Shiba Inu, I think there's a lot to come on Shiba Inu they are giving Dogecoin a good competition as the top meme coin in the market, only time can tell.

Shiba's daily trading volume is around 500 million, it would be a big loss if any exchange doesn't list shiba. I've also never been a big fan of memes and thought I'd hold onto memes so I could get rich quick. But Shiba is also one of the memes that caught my eye, I also put some money into shiba to seek my luck but not too much. I considered it a gamble and lost it.
sr. member
Activity: 1610
Merit: 294
Tontogether | Save Smart & Win Big
If you look at the current conditions where some people are increasingly interested in maintaining their holdings for a long period of time, it may be because of the deflationary mindset. It will be interesting to see how the situation continues to develop and if any more changes occur and it looks like investors are finally shifting their focus to crypto projects with long-term value. That's a positive sign for the industry, as previous research has shown that this type of project is likely to have better metrics than other cryptos in terms of future price appreciation.
hero member
Activity: 2814
Merit: 571
Leading Crypto Sports Betting & Casino Platform

This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.



I believe that I'm not a big fan of Shiba Inu but was surprised that it is now being traded by two local exchangers here in our country with over 10 million users, these two exchanges only list the best and most profitable coins that they think will go long term I instantly become a supporter of Shiba Inu, I think there's a lot to come on Shiba Inu they are giving Dogecoin a good competition as the top meme coin in the market, only time can tell.
hero member
Activity: 2142
Merit: 584
You own the pen
more people are holding onto it today because they saw the high probability of it getting some high recognition later in the future and more likely it will become one of the top altcoins since its developers are preparing huge updates for it to give their investors some green light to ease their heart and continue trusting the current process. Many believe lately that the token will not gonna be successful because of its price getting drop each day and nothing from the developers getting seems right but nowadays they see the huge potential and they will gonna trust till they see the good results of it.
hero member
Activity: 1344
Merit: 540
Well I guess everyone is trying to be a long term holder for now, not just Shiba Inu. And with the price so cheap, it's definitely worth to buy tons of it and then just hold simply as that.

So it has to do with the bear cycle that we are currently in, and as much as those meme coins are just like that meme coins, investors still flock on them hoping for a big return in the future. So don't be surprised by the numbers, perhaps the article just highlighted because its Shiba.
newbie
Activity: 18
Merit: 8
No matter what you do always leave behind 10,000,000 shib in your wallet just in case, I was one of the few ones that used to hold millions of doge coin but I lose hope and gave up, I could have become a millionaire in 2022.
legendary
Activity: 1736
Merit: 4269
Yoy will forgive me for the cruel joke, but I will tell you about long-term holders using the example of bitcoin.
An investor bought bitcoin at $60,000 and was waiting for a price of $100,000. The price dropped to $30,000. Now the investor has a dilemma: sell bitcoin for $30,000 and become a hamster, or hold bitcoin and become a long-term holder?
jr. member
Activity: 38
Merit: 18
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.
Really? I thought doge coin got to that price target because of Elon musk? If Elon never came to the rescue I doubt doge will be that huge, 0.005$ per Shiba will be extremely good for me though.
hero member
Activity: 2870
Merit: 612
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.

That's too much wishful thinking.
I hold SHIB also for a long time but I wouldn't expect that high because of the holders that have billions of it. Once the price hits 0.0001USD a lot of holders will already be dumping just as investing today will double your money by the time reach that price. But I'm more interested if the development of thier metaverse will really go forward because it might just hit 0.01
sr. member
Activity: 1862
Merit: 259
Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.

I also think so, can't hold the meme Token for too long if it has decreased by more than 50%. it takes a long time to get the hype back on Token memes. For me, meme tokens will only be popular in the bull market.
sr. member
Activity: 1722
Merit: 269
In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Well that news is not really a surprise because the price of Shiba Inu is falling for weeks and months now and of course people don't want to sell below the price that they have paid to get Shiba Inu. Also it is pretty obvious that back in the December of 2021 there were no holder that held Shiba Inu for more than 1 year because obviously Shiba Inu did not even exist a for a full year back then lul.
So i really don't think that the statistics you posted above are a positive indicator for Shiba Inu. This news sounds more like it is written by a Shiba Inu holder itself that is very high on copium. I think the longterm trend for Shiba Inu goes downwards.
legendary
Activity: 3542
Merit: 1352
Excel is fun
It seems that a lot of people still has this coin. Are they really long-term holders for Shiba Inu, or are they just waiting for the price to increase massively before they drop the bomb? A lot of people have been trapped in the last bull run and the instant crash, which could probably explain why a lot of people "decided" to shift to long-term holders for their Shiba.
hero member
Activity: 2072
Merit: 531
Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.
legendary
Activity: 2800
Merit: 1243
Cashback 15%
In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Read full details on U.Today
https://u.today/shiba-inu-long-term-holders-are-increasing-as-investors-shift-focus

It is obvious, that holders are increasing because they don't want to sell at a loss, and this bear market is a good chance to accumulate SHIBA INU and there is no reason for them to sell because the price hasn't multiplied yet.  Just wait when SHIB losses another 0 on the right of its decimal point, then we will see lots of selling in the market for profit.
hero member
Activity: 1946
Merit: 575
I can't say what I want to say about shiba holders because that would get a lot of bad words thrown at me as well. But I have to say, if you are trusting shiba to make you money, then I have an amazing offer of a bridge, I can sell that to you for a big discount. People who are holding are not idiots, they are aware of what they are holding, well not all of course but many of them do and the main reason they do it anyway is because they realized long time ago what the market is all about. Market is not all about great products, its about having hype and price going up, if you put a shit on a platter and people still buy it, then you will sell it without no questions. This is what people are hoping would happen, nothing more.
sr. member
Activity: 2310
Merit: 355
Probably many are still trap on top that’s why they are included as a long term holder, this is still a meme token and for sure if those hodlers sees the opportunity to sell, they will do it without any hesitation. I can’t see any big progress with SHIB and without a hype, meme token is nothing because they have no real usage in the market. If you want to buy and hold SHIB, make sure you are ready for the risk because it may not reach the same level DOGE did, its all about the hype.
full member
Activity: 658
Merit: 101
many people bought shiba at high prices. As a result, since the bear market has started, they continue to hold it in the hope of making up for their losses. That's all for me, the reason for these hand-holds. Besides, shiba is already a complete doge imitation. I can't say if it can be like Doge or not, but imitations always follow the original. It was Elon Musk that enabled both cryptocurrencies to rise rapidly in this market and enter the trends. To me, they're both a total meme coin. You never know what they'll do, so if I had the option, I'd keep the doge, not the shiba for the long haul.
Now people are no longer interested in hearing Elon's tweets on twitter, they don't care about meme coin being laughed at because of the previous hype whale impact increasing trading volume of meme coin, I think Shib coin future recovery is not Elon influence but should release new community supported innovation for recovery High.
hero member
Activity: 2688
Merit: 704
Because it is bearish market in the past months so its not really a surprise that people are holding their memecoin but it doesn't mean they really turned out to be long term investors and trust Shiba more than other coins, simply they are waiting for the right time to sell their coins and make more money. Influencers plays huge role in this as well also some of the biggest exchanges listed that coin so people go with the hype but when we have stats for the long term I mean the real long term like for years then we can conclude that Shiba got the trust from its holders.
This is the correct way to read this information, more long term holders for Shiba does not mean that now people trust more the coin than in the past, those investors are trapped, they tried to earn money with Shiba quickly and their timing failed them.

Then they needed to face a difficult decision and instead of selling immediately for a loss they kept their coins thinking that the price will pump again, they were mistaken and now they have no other option but to keep holding their coins.
sr. member
Activity: 1988
Merit: 283
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.
don't expect too much in a meme coins mate because even before that there's a lot of holders of shiba it fell like rock in just a short period of time and the situation getting worse as well because market suddenly turned into bearish.
So on this situation it's skeptical to believe that because of the percentage of holders in the market at the moment it has a chance to recover.. Well maybe a quick hype in the long run but for sure it will not last and most of holders will stuck up again in it if they missed to get out earlier before the manipulation as its very common event in a meme coins.
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
Because it is bearish market in the past months so its not really a surprise that people are holding their memecoin but it doesn't mean they really turned out to be long term investors and trust Shiba more than other coins, simply they are waiting for the right time to sell their coins and make more money. Influencers plays huge role in this as well also some of the biggest exchanges listed that coin so people go with the hype but when we have stats for the long term I mean the real long term like for years then we can conclude that Shiba got the trust from its holders.
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
I would say the bearish market plays a big role in this new development of long-term holders increase, the market condition is not very favorable to many holders to want to sell their shib so it is very likely holding is the best option for now. But that could change once the market bounce back and the price is up again, until that happened and the number of holders remains the same or even higher, i won't considered this result as authentic just yet.
full member
Activity: 854
Merit: 100
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.
member
Activity: 352
Merit: 18
Pepemo.vip
In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Read full details on U.Today
https://u.today/shiba-inu-long-term-holders-are-increasing-as-investors-shift-focus
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