Shiba Inu: Only 12% Of SHIB Holders Are in Profits
Data from IntoTheBlock highlights that only 12% of Shiba Inu h older s are enjoying profits as of September 2023. The majority of SHIB h older s are experiencing severe losses, and their portfolio remains underwater. According to the data, 77% of h older s are underperforming, and only 11% of investors are breaking even on their investments. While 154,000 addresses enjoy profits, nearly 1 million Shiba Inu investors are losing money. Around 140,000 addresses are at break-even. Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire With Only $8 Source: IntoTheBlock Shiba Inu: Losses Pile Up Even After Shibarium’s Release Source: Freepik.com The majority of investors entered the markets after Shiba Inu reached its all-time high of $0.00008616 in October 2021. The dog-themed token has slumped in price since then, unable to recover in the last two years. If Shibarium fails to sustainably scale up SHIB’s price in the charts, the older investors might need to hold on t...