Have you heard? SHIBA INU (SHIB) is now the second longest-held token on Coinbase! The popular coin is making waves in the crypto world, but which crypto asset claims the top spot? If you\'re asking, "Shiba Inu is the second longest held token on Coinbase, which one is 1st?", then look no further. The answer is Cardano (ADA). Based on the data provided, Cardano is the longest-held token amongst the top 20 coins on Coinbase, narrowly edging out Shiba Inu.
This news highlights the growing popularity and holder confidence in Shiba Inu. This, according to news publications, suggests that Shiba Inu token is one of the longest held cryptocurrencies by the users on Coinbase, America’s largest cryptocurrency platform. The median period of holding Shiba Inu on Coinbase, the popular crypto exchange, has recently crossed the six-month mark, further demonstrating long-term holder conviction. Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is designed to be abundant.
But why is this significant? Well, SHIBA INU (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Shiba Inu, the token created to be an alternative to the world\'s first-ever meme coin DOGE, has beaten Bitcoin, Ethereum, Dogecoin and Solana, climbing the ranks to become a favorite amongst Coinbase users. The fact that SHIBA INU (SHIB) is now the second longest-held token on Coinbase speaks volumes about its resilience and the community support it enjoys. So, to reiterate, while Shiba Inu is incredibly popular, Cardano (ADA) currently holds the title of the longest-held token on Coinbase.