Shiba Inu (SHIB) holder number is back above 1,275 million, here’s how many of them are in profit right now
After seeing a significant decline in the final week of November, IntoTheBlock reports that the number of Shiba Inu token owners has once more surpassed the 1.275 million address threshold. Thus, the number starts to climb again toward the 3.1 million nonzero addresses that it reached most recently.
Here’s How Many Shiba Inu (SHIB) Holders Are in Profit as Their Number Approaches ATH
Shiba Inu’s attractiveness, or rather its present price, may be recognized as reviving just by looking at the shift in the number of Shiba Inu token owners. It will be interesting to learn how many SHIB holders are still profiting from the asset in this environment, especially given that its price has dropped by more than 75% over the course of the year. Recall that the Shiba Inu price is $0.0000082 per SHIB.
According to the same source, only 13% of addresses with a “nonzero” SHIB balance are currently in the black. There are 166,030 of them, of which 38,200 received SHIB upon the token’s introduction, and the remaining 80,000 bought it at prices lower than the going rate. These addresses have a balance of 50.73 trillion SHIB, or under 10% of the token’s entire supply.
SHIB/USD 4-hour chart | Source: TradingView
In-depth statistics demonstrate that most SHIB have been purchased straight at $0.000008. Up to this point, only the second half of 2021 had witnessed such pricing before it disappeared in June 2022.
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