Data Shock: Shiba Inu Has A Higher Share Of Long-Term Holders Than BTC And ETH

Source Newsbtc

There’s an unexpected trend in the world of cryptocurrencies. According to the latest data from IntoTheBlock, the meme-based crypto Shiba Inu has shown a solid resilience in investor loyalty.

Unforeseen Holder Statistics Disclosed

Market research shows Shiba Inu has 76% of its holders keeping their tokens for over a year. So—almost three-quarters of SHIB token folks don’t sell quickly. Interesting, right? This is higher than Bitcoin and Ethereum, which have 73% and 74%, respectively, long-term holders.

Long-term holders keep their tokens for over a year. When the percentage of these holders is higher, it shows investors believe in the asset and think it’s got potential.

Breakdown Of Numbers

Shiba Inu stands out. Some 76% of accounts have held tokens for more than 12 months. Then, 22% held between one and 12 months. Only 2% are new and have held tokens for less than a month.

More people are holding onto their tokens even when there’s lots of optimism around. And, well, that means they think the asset’s worth it in the long run. Think of it like this: if most people hold on, it’s a good sign. They don’t sell quick—they wait… and that says a lot. So, more long-term holders, more confidence in the asset.

Bitcoin’s story is a bit different. It has 74% long-term holders with 22% held for one to 12 months. Perhaps most importantly, Bitcoin displays a greater percentage of new investors, with 5% owning tokens for less than a month – over twice Shiba Inu’s number.

Time Tells A Deeper Story

What is more impressive with this data is the average holding period. Even though Shiba Inu was launched five years later than Bitcoin, it shows an impressive 2.6-year average token holding period. This is compared to Ethereum at 2.4 years and 4.4 years for Bitcoin.

According to crypto experts, these numbers show more people have faith in Shiba Inu now. The memecoin is surprising everyone with how strong it is. Sure, Bitcoin is the oldest and best-known cryptocurrency, but Shiba Inu’s loyal investors suggest a bright future.

Info from IntoTheBlock gives a peek at what investors are doing and how Shiba Inu stands out in a fast-moving market.

As market analysts say putting money into cryptocurrencies is still very risky – if you’re thinking about it – you must do your homework thoroughly. Know the risks.

Featured image from Gemini Imagen, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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