Overview

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IntoTheBlock data reveals that Hodlers’ balances have reached an all-time high of 787.6 trillion SHIB, out of a total held balance of 984.7 trillion SHIB. This indicates that Shiba Inu (SHIB) has claimed the position of the second-largest meme coin in terms of market value. The hodl culture among whales is influencing a positive holding trend The Shiba Inu (SHIB) community continues to demonstrate remarkable resilience as the number of SHIB holders climbs past 1.4 million, according to data from Despite a difficult market landscape for memecoins, Shiba Inu's long-term holders display unwavering optimism, marking significant activity in the SHIB ecosystem. As Shiba Inu price tests crucial support for potential recovery or dips. Market sentiment remains fragile, impacting SHIB’s near-term price action. MACD signals bullish After the last-weekly high at $0. , Shiba Inu has continued on a downtrend over the past few trading sessions. It remains at quite Hace 3 días Large SHIB holders pull back sharply as liquidity Shiba Inu has established a resistance zone around $0. $0 The token established a strong support zone at On-chain data shows conviction remains strong among the Shiba Inu long-term holders as they still control a decent majority of the supply. In a new post on X, the market intelligence platform

Should Strong Hodlers Continue to Hold Shiba Inu (SHIB) Amidst a Slow Market?

The Shiba Inu (SHIB) community faces a common question in the current market: Should strong hodlers continue to hold SHIB amidst a slow market? Despite a difficult market landscape for memecoins, Shiba Inu\'s long-term holders display unwavering optimism, marking significant activity in the SHIB ecosystem. As Shiba Inu price tests crucial support for potential recovery or dips, understanding the dynamics of SHIB holders is vital.

Hodler Sentiment and Whale Influence

A new post on X, the market intelligence platform, highlights a key trend: On-chain data shows conviction remains strong among the Shiba Inu long-term holders as they still control a decent majority of the supply. This "hodl culture" is particularly apparent amongst whales, influencing a positive holding trend.

IntoTheBlock data reveals that Hodlers’ balances have reached an all-time high of 787.6 trillion SHIB, out of a total held balance of 984.7 trillion SHIB. This substantial holding indicates a strong belief in Shiba Inu\'s long-term potential.

SHIB\'s Market Position and Holder Growth

This unwavering support has helped Shiba Inu (SHIB) claim the position of the second-largest meme coin in terms of market value. Furthermore, The Shiba Inu (SHIB) community continues to demonstrate remarkable resilience as the number of SHIB holders climbs past 1.4 million, according to data from.

Price Action and Key Levels

After the last-weekly high at $0. , Shiba Inu has continued on a downtrend over the past few trading sessions. It remains at quite Hace 3 días Large SHIB holders pull back sharply as liquidity. Shiba Inu has established a resistance zone around $0. $0 The token established a strong support zone at .

Market sentiment remains fragile, impacting SHIB’s near-term price action. Traders are closely watching these support and resistance levels to gauge potential future movements. MACD signals bullish, suggesting a potential shift in momentum, but caution is advised.

Conclusion: Is Holding SHIB the Right Strategy?

Ultimately, the decision to continue holding SHIB depends on individual risk tolerance and investment strategies. The on-chain data paints a picture of strong hodler conviction, particularly among whales, contributing to a positive holding trend. While market sentiment remains fragile and the price action is subject to volatility, the long-term commitment of a significant portion of SHIB holders provides a degree of stability. As always, thorough research and careful consideration are essential before making any investment decisions.

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