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Cryptopotato

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Shiba Inu (SHIB) Surpasses Bitcoin (BTC) and Ethereum (ETH) in This Key Metric: Details

  • Shiba Inu has a strong holder base, with over 1.5 million investors, 78% holding for over a year.
  • Despite a 9% weekly dip, SHIB shows potential for a rebound driven by increased token burns, Shibarium development, and rising exchange outflows.
  • Around 60% of SHIB investors are currently in a loss, while burn rate has surged over 350% in the last seven days.
  • SHIB's potential revival is also supported by the advancement of Shibarium and the dominance of exchange outflows over inflows.

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