Shiba Inu

Threshold

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 The Shiba Inu token, known for its popularity among crypto enthusiasts, is facing a major setback as the percentage of tokens carrying losses to their holders has surpassed a critical threshold. According to crypto analytics portal <a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=all&amp;chart=all" rel="noopener noreferrer nofollow">IntoTheBlock</a>, over 90% of the total SHIB supply is currently incurring losses, with an additional 2.54% on top. 
 <img alt="" data-entity-type="file" data-entity-uuid="c7774f00-f73c-418a-bf51-5676e6560156" src="https://u.today/sites/default/files/inline-images/sh.png">Source: <a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=all&amp;chart=all" rel="noopener noreferrer nofollow">IntoTheBlock</a> 
 As of today, the number of <a href="https://u.today/4-trillion-shib-tokens-transferred-by-giant-whale" rel="noopener noreferrer nofollow">Shiba Inu</a> tokens causing losses to their owners stands at a staggering 500 trillion, excluding the 410.3 trillion burned tokens. This accumulation of unprofitable tokens amounts to a jaw-dropping value of approximately $3.77 billion, based on the current price of the Shiba Inu token. 
 <a href="https://u.today/4-trillion-shib-tokens-transferred-by-giant-whale" rel="noopener noreferrer nofollow">card</a> 
 To further highlight the severity of the situation, Shiba Inu now ranks fifth among crypto assets with a capitalization above $1 billion in terms of this unfavorable ratio. The majority of these loss-bearing <a href="https://u.today/how-shib-xrp-ada-might-benefit-as-glassnode-ceo-predicts-market-rotation" rel="noopener noreferrer nofollow">SHIB</a> tokens were acquired within the price range of $0.000008 to $0.00002 per token. Notably, 290.89 trillion tokens were purchased between $0.000008 and $0.000014, while 424.07 trillion tokens were acquired between $0.000014 and $0.00002. 
 <img alt="" data-entity-type="file" data-entity-uuid="a5a2c4ea-8550-4897-a865-051a0a7757e5" src="https://u.today/sites/default/files/inline-images/SHIB_ALL_graph_coinmarketcap_1.png">SHIB to USD by <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
 This emerging trend presents a significantly negative outlook for the <a href="https://u.today/shiba-inu-eyes-explosive-surge-by-500-million-in-market-cap-whats-next-for-shib" rel="noopener noreferrer nofollow">Shiba Inu token</a>. It is not merely the fact that SHIB is characterized as a loss-making token, but rather the immense pressure it currently faces. Should even a fraction of owners holding unprofitable SHIB tokens decide to cut their losses and offload their holdings, it could potentially trigger a more substantial downturn for Shiba Inu.
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Unprofitable Shiba Inu (SHIB) Supply Crosses Dramatic Threshold

U_Today

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