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Shiba Inu Wallets Holding Small Amounts Decline To Lowest Point In Nearly 2 Years

  • The number of Shiba Inu wallets containing small quantities of SHIB has declined to its lowest point in almost two years, indicating a potential change in attitude among retail investors.
  • The decline in smaller wallets coincides with unstable market conditions, raising doubt about SHIB distribution going forward.
  • Santiment has labeled SHIB as the worst-performing Dogecoin in 2024, with substantial drops in both average and long-term trading returns.
  • Despite negative events, some analysts are optimistic about SHIB's potential in the long term, with a bullish surge forecasted in 2025.

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