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Shiba Inu: 5,000,000% Value Increase and a Guarantee of 2021 Repetition Are…

  • A good number of Shiba Inu long-term holders still held on to the token even though only 18% were in profit
  • The increased involvement of investors with SHIB could play a vital role in how it performs in the next bull market

The memecoin, which hardly got any attention before then, made an impressive sprint that almost ran into a 5,000,000% value increase. However, the antics shown by the same token in 2022 were barely any close to the year discussed before. In fact, it was the complete opposite.

Regardless of SHIB’s condition, the holders have remained true to it. According to IntoTheBlock, 54% of the holders in the last year still owned cryptocurrency.

This fraction was surprisingly spectacular, with only a few top cryptos like Bitcoin [BTC] and Ethereum [ETH] beating it. Additionally, only 18% of the total holders were still in profit. 

(by Suzuki Shillsalot)

Shiba Inu SHIB Cryptocurrency
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