More than 75% of Shiba Inu holders are now under loss
Shiba Inu [SHIB] changed the face of meme crypto assets. The plethora of collaborations and its significant community pushed the asset to the top. With timely developments, the network has continued to remain relevant. Despite increased attention by the community along with its partnerships, the price of SHIB has found it rather difficult to move upwards. The collapse of FTX certainly had a huge role to play in the downfall of the market. Along with its counterparts, Shiba Inu also sunk. With its price depleting, those holding the assets in their wallets were also at a loss. Recent data revealed that over 70 percent of the asset’s current holder s were at loss. As per data curated by intotheblock, 76 percent of Shiba Inu holder s were at loss. While only 16 percent were at profit. Source It should be noted that about 53 percent of these holder s have held SHIB for more than a year. The rest 41 percent safeguarded their Shiba Inus in their wallets for a time period of ...