Shiba Inu Long-Term Holders Are Increasing as Investors Shift Focus

[tokyohd]

In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Read full details on U.Today
https://u.today/shiba-inu-long-term-holders-are-increasing-as-investors-shift-focus

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[Grim149x]

Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.

[Bitstar_coin]

I would say the bearish market plays a big role in this new development of long-term holders increase, the market condition is not very favorable to many holders to want to sell their shib so it is very likely holding is the best option for now. But that could change once the market bounce back and the price is up again, until that happened and the number of holders remains the same or even higher, i won't considered this result as authentic just yet.

[jrrsparkles]

Because it is bearish market in the past months so its not really a surprise that people are holding their memecoin but it doesn't mean they really turned out to be long term investors and trust Shiba more than other coins, simply they are waiting for the right time to sell their coins and make more money. Influencers plays huge role in this as well also some of the biggest exchanges listed that coin so people go with the hype but when we have stats for the long term I mean the real long term like for years then we can conclude that Shiba got the trust from its holders.

[Ararbermas]

Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.

don't expect too much in a meme coins mate because even before that there's a lot of holders of shiba it fell like rock in just a short period of time and the situation getting worse as well because market suddenly turned into bearish.
So on this situation it's skeptical to believe that because of the percentage of holders in the market at the moment it has a chance to recover.. Well maybe a quick hype in the long run but for sure it will not last and most of holders will stuck up again in it if they missed to get out earlier before the manipulation as its very common event in a meme coins.

[wxa7115]

Because it is bearish market in the past months so its not really a surprise that people are holding their memecoin but it doesn't mean they really turned out to be long term investors and trust Shiba more than other coins, simply they are waiting for the right time to sell their coins and make more money. Influencers plays huge role in this as well also some of the biggest exchanges listed that coin so people go with the hype but when we have stats for the long term I mean the real long term like for years then we can conclude that Shiba got the trust from its holders.

This is the correct way to read this information, more long term holders for Shiba does not mean that now people trust more the coin than in the past, those investors are trapped, they tried to earn money with Shiba quickly and their timing failed them.

Then they needed to face a difficult decision and instead of selling immediately for a loss they kept their coins thinking that the price will pump again, they were mistaken and now they have no other option but to keep holding their coins.

[marissa23]

many people bought shiba at high prices. As a result, since the bear market has started, they continue to hold it in the hope of making up for their losses. That's all for me, the reason for these hand-holds. Besides, shiba is already a complete doge imitation. I can't say if it can be like Doge or not, but imitations always follow the original. It was Elon Musk that enabled both cryptocurrencies to rise rapidly in this market and enter the trends. To me, they're both a total meme coin. You never know what they'll do, so if I had the option, I'd keep the doge, not the shiba for the long haul.

Now people are no longer interested in hearing Elon's tweets on twitter, they don't care about meme coin being laughed at because of the previous hype whale impact increasing trading volume of meme coin, I think Shib coin future recovery is not Elon influence but should release new community supported innovation for recovery High.

[goaldigger]

Probably many are still trap on top that’s why they are included as a long term holder, this is still a meme token and for sure if those hodlers sees the opportunity to sell, they will do it without any hesitation. I can’t see any big progress with SHIB and without a hype, meme token is nothing because they have no real usage in the market. If you want to buy and hold SHIB, make sure you are ready for the risk because it may not reach the same level DOGE did, its all about the hype.

[Captain Corporate]

I can't say what I want to say about shiba holders because that would get a lot of bad words thrown at me as well. But I have to say, if you are trusting shiba to make you money, then I have an amazing offer of a bridge, I can sell that to you for a big discount. People who are holding are not idiots, they are aware of what they are holding, well not all of course but many of them do and the main reason they do it anyway is because they realized long time ago what the market is all about. Market is not all about great products, its about having hype and price going up, if you put a shit on a platter and people still buy it, then you will sell it without no questions. This is what people are hoping would happen, nothing more.

[serjent05]

In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Read full details on U.Today
https://u.today/shiba-inu-long-term-holders-are-increasing-as-investors-shift-focus

It is obvious, that holders are increasing because they don't want to sell at a loss, and this bear market is a good chance to accumulate SHIBA INU and there is no reason for them to sell because the price hasn't multiplied yet.  Just wait when SHIB losses another 0 on the right of its decimal point, then we will see lots of selling in the market for profit.

[Doell]

Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.

[dothebeats]

It seems that a lot of people still has this coin. Are they really long-term holders for Shiba Inu, or are they just waiting for the price to increase massively before they drop the bomb? A lot of people have been trapped in the last bull run and the instant crash, which could probably explain why a lot of people "decided" to shift to long-term holders for their Shiba.

[Jackl87]

In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Well that news is not really a surprise because the price of Shiba Inu is falling for weeks and months now and of course people don't want to sell below the price that they have paid to get Shiba Inu. Also it is pretty obvious that back in the December of 2021 there were no holder that held Shiba Inu for more than 1 year because obviously Shiba Inu did not even exist a for a full year back then lul.
So i really don't think that the statistics you posted above are a positive indicator for Shiba Inu. This news sounds more like it is written by a Shiba Inu holder itself that is very high on copium. I think the longterm trend for Shiba Inu goes downwards.

[inanilujimi]

Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.

I also think so, can't hold the meme Token for too long if it has decreased by more than 50%. it takes a long time to get the hype back on Token memes. For me, meme tokens will only be popular in the bull market.

[bittraffic]

Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.

That's too much wishful thinking.
I hold SHIB also for a long time but I wouldn't expect that high because of the holders that have billions of it. Once the price hits 0.0001USD a lot of holders will already be dumping just as investing today will double your money by the time reach that price. But I'm more interested if the development of thier metaverse will really go forward because it might just hit 0.01

[Vvang]

Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.

Really? I thought doge coin got to that price target because of Elon musk? If Elon never came to the rescue I doubt doge will be that huge, 0.005$ per Shiba will be extremely good for me though.

[zasad@]

Yoy will forgive me for the cruel joke, but I will tell you about long-term holders using the example of bitcoin.
An investor bought bitcoin at $60,000 and was waiting for a price of $100,000. The price dropped to $30,000. Now the investor has a dilemma: sell bitcoin for $30,000 and become a hamster, or hold bitcoin and become a long-term holder?

[Tamedbeast]

No matter what you do always leave behind 10,000,000 shib in your wallet just in case, I was one of the few ones that used to hold millions of doge coin but I lose hope and gave up, I could have become a millionaire in 2022.

[cryptomaniac_xxx]

Well I guess everyone is trying to be a long term holder for now, not just Shiba Inu. And with the price so cheap, it's definitely worth to buy tons of it and then just hold simply as that.

So it has to do with the bear cycle that we are currently in, and as much as those meme coins are just like that meme coins, investors still flock on them hoping for a big return in the future. So don't be surprised by the numbers, perhaps the article just highlighted because its Shiba.

[yazher]

more people are holding onto it today because they saw the high probability of it getting some high recognition later in the future and more likely it will become one of the top altcoins since its developers are preparing huge updates for it to give their investors some green light to ease their heart and continue trusting the current process. Many believe lately that the token will not gonna be successful because of its price getting drop each day and nothing from the developers getting seems right but nowadays they see the huge potential and they will gonna trust till they see the good results of it.