Show

Shiba Inu

<html>
 <head></head>
 <body>
  <p>A recent analysis of the SHIB’s performance reveals that 14% of holders are making profits at the current price, while 5% are breaking even, leaving a significant 82% in unrealized losses.</p> 
  <figure class="wp-block-image size-large"> 
   <img decoding="async" loading="lazy" width="1024" height="359" src="https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-1024x359.png" alt="" class="wp-image-292217" srcset="https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-1024x359.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-300x105.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-768x269.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-1536x538.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-2048x717.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-428x150.png 428w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-100x35.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-999x350.png 999w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06-788x276.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.43.06.png 1102w" sizes="(max-width: 1024px) 100vw, 1024px"> 
   <figcaption class="wp-element-caption">
     Data source: <a href="https://app.intotheblock.com/coin/SHIB/quick-view" target="_blank" rel="noopener noreferrer nofollow">IntoTheBlock</a> 
   </figcaption> 
  </figure> 
  <p>Furthermore, there is a huge selling pressure at $0.000013 since that is a price range where a large number of holders would break even. Where most addresses are out of the money, the price will have high selling pressure since many of these addresses will look to sell once the market price reaches their average cost and break-even on their positions. This will act as a resistance level to a continued price increase at those prices.</p> 
  <figure class="wp-block-image size-large"> 
   <img decoding="async" loading="lazy" width="1024" height="354" src="https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-1024x354.png" alt="" class="wp-image-292209" srcset="https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-1024x354.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-300x104.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-768x265.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-1536x530.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-2048x707.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-434x150.png 434w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-100x35.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-1014x350.png 1014w, https://captainaltcoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-18-at-14.42.41-788x272.png 788w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  </figure> 
  <p>The concentration of SHIB by large holders is quite high, standing at 77%. This suggests that a small number of investors control a large portion of the token’s supply, which could potentially influence its price volatility.</p> 
  <div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:"> 
   <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"> <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i> 
    <div class="rh-colortitle-inbox-label">
      Crypto Market Experiences Growth in July 2023: Explore Potential Opportunities 
    </div> 
   </div> 
   <div class="rh-colortitlebox-text"> 
    <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px"> 
     <div class="rh-toggler-wrapper" style="height:100px"> 
      <p><strong><a href="https://bit.ly/wsm_box" target="_blank" rel="noopener noreferrer nofollow">Discover</a></strong> the intriguing developments influencing the crypto market and attracting global investor interest. Witness the impressive achievement of <strong><a href="https://bit.ly/wsm_box" target="_blank" rel="noopener noreferrer nofollow">Wall Street Memes token</a></strong>, which raised over $12 million, as it highlights the immense possibilities in the world of cryptocurrency. Explore the promising <strong><a href="https://bit.ly/YPRED_ca" data-type="URL" data-id="https://bit.ly/YPRED_ca" target="_blank" rel="noopener noreferrer nofollow">High-Potential Token, $YPRED</a></strong>, empowering the world’s first “All-in-One” AI Ecosystem.<strong><a href="https://bit.ly/wsm_box" data-type="URL" data-id="https://bit.ly/wsm_box" target="_blank" rel="noopener noreferrer nofollow"> Seize the chance</a></strong> to be a part of the crypto phenomenon and potentially benefit from its success.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
     </div> 
    </div> 
   </div> 
  </div> 
  <p>Interestingly, SHIB’s price correlation with Bitcoin, the leading cryptocurrency, is 0.49. This indicates that SHIB’s price movements are moderately influenced by Bitcoin’s price fluctuations.</p> 
  <p>In terms of holders’ composition by time held, long-term holders dominate the scene. 68% of holders have held SHIB for more than a year, 27% for 1 to 12 months, and a mere 5% for less than a month.</p> 
  <h2 class="wp-block-heading" id="shib-s-price-action-over-the-last-month">SHIB’s Price Action Over the Last Month</h2> 
  <p>Over the past month, SHIB’s price has seen some notable fluctuations. On June 18, 2023, the token opened at 0.0000006973 and closed at 0.0000007208, with a high of 0.0000007556. The token’s price continued to oscillate over the following weeks, reaching a monthly high of 0.0000008532 on July 15, 2023.</p> 
  <p>However, the token experienced some downward pressure in the latter half of the month, with the price dipping to a low of 0.0000007336 on July 12, 2023. Despite these fluctuations, SHIB has shown resilience, closing at 0.0000007845 on July 17, 2023.</p> 
  <p>The token’s price action over the past month underscores the volatile nature of the crypto market. However, with a significant percentage of holders in profit and a strong correlation with Bitcoin, SHIB continues to be a token of interest for both short-term traders and long-term investors.</p> 
  <p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/shiba-inu-holders-are-rekt-one-on-chain-metric-reveals-the-bitter-truth/">Shiba Inu Holders Are Rekt: One On-Chain Metric Reveals The Bitter Truth</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>
 </body>
</html>

Shiba Inu Holders Are Rekt: One On-Chain Metric Reveals The Bitter Truth

Spis treści

CaptainAltcoin

Inne artykuły opublikowane 18 lip 2023

SEC embraces two Bitcoin ETF proposals in a single week

CZ Claims Popular Influencer Is Targetting Binance Out of Spite

CBDCs Under Threat: This Presidential Candidate Vows To ‘Nix’ Digital Currency Plans

Pepe (PEPE) And Uniswap (UNI) Rally As Uwerx (WERX) Announces Schedule To Lock Founder’s Token

FSB finally publishes global regulatory framework for crypto activities

Shiba Inu Memecoin Price Dips but TCRV Pumps, Can You Get Rich Quick With Tradecurve?

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!