\u200bShiba Inu (SHIB) has followed the broader market downturn, losing more than 15% over the past week alone. The spike above $0.000015 in late March was short-lived due to heightened volatility, which caused the meme coin to drop to $0.000012 at the time of writing.<\/p>\n
The fresh decline came after US President Donald Trump announced new tariffs on imports from 50 countries, including the BRICS and the European Union. Despite this, the conviction of long-term investors remains strong.<\/p>\n
According to recent data from IntoTheBlock, long-term Shiba Inu holders \u2013 those retaining their tokens for over a year \u2013 now collectively own more than 80% of the total SHIB supply. This significant concentration among this cohort of investors suggests a strong belief in the meme coin\u2019s future potential, even amidst the volatility of the market.<\/p>\n
Long-term $SHIB<\/a> holders collectively own more than 80% of the total supply.<\/p>\n This indicates that even amid challenges in the memecoin market, many $SHIB<\/a> holders remain optimistic. pic.twitter.com\/JTnHS2TIjq<\/a><\/p>\n \u2014 IntoTheBlock (@intotheblock) April 2, 2025<\/a><\/p>\n\n Such a high percentage of long-term holders can contribute to price stability as these investors are less likely to engage in rapid selling during market fluctuations.<\/p>\n Additionally, this trend indicates a maturing investor base that views SHIB not merely as a speculative asset but as a long-term component of their cryptocurrency portfolios.<\/p>\n In a milestone for the SHIB ecosystem, its Layer 2 scaling solution, Shibarium, recently surpassed<\/a> one billion total transactions. Prominent Shiba Inu team members, including marketing strategist LUCIE, praised the community\u2019s role in this success.<\/p>\n The main objective behind Shibarium is to improve transaction efficiency, expand utility, and introduce a token-burning mechanism. As such, experts anticipate a major rally for the token if Shibarium\u2019s adoption picks up.<\/p>\n The post SHIB Plunges 15% in a Week but Long-Term Holders Remain Unfazed<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u200bShiba Inu (SHIB) has followed the broader market downturn, losing more than 15% over the past week alone. The spike above $0.000015 in late March was short-lived due to heightened volatility, which caused the meme coin to drop to $0.000012 at the time of writing. The fresh decline came after US President Donald Trump announced […]<\/p>\n","protected":false},"author":0,"featured_media":56622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56621"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56621"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56622"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}