Shiba Inu Holders Surpass 1.25 Million Amid Market Downturn
Despite the recent cryptocurrency market crash, Shiba Inu (SHIB) holders have reached 1.25 million, with numbers continuing to grow. The broader crypto market has struggled in 2022, with most tokens down over 50% from their all-time highs. Major cryptocurrencies have erased all gains from 2021, leaving investors with two choices:
- Hold long-term to avoid realizing losses.
- Sell at a loss, risking further financial setbacks.
Key Findings from Certik’s SHIB Holder Analysis
According to blockchain auditor Certik:
- 26% of SHIB holders have held the token for more than a year.
- 295,000–313,000 wallets have retained SHIB for 12+ months.
- 51% of investors held SHIB for 6–12 months.
- 14% held for 3–6 months.
This data suggests a strong long-term holding trend, with a quarter of SHIB investors unwilling to sell at a loss.
👉 Discover why long-term holders dominate Shiba Inu’s ecosystem
Typical Hold Time and Buying Pressure
Coinbase data reveals:
- Average hold time: 142 days.
- 70% of investors placed "buy" orders recently, signaling renewed interest.
Can Shiba Inu Delete a Zero in 2022?
A year ago, SHIB traded with five zeroes ($0.00001). By October 2021, it surged 1,000%, shedding one zero. However, the 2022 crash reversed progress:
| Date | Price (USD) | Zeroes | Change |
|--------------|------------------|--------|--------|
| June 2021 | $0.00001 | 5 | – |
| Oct 2021 | $0.00008616 (ATH) | 4 | -1 |
| June 2022 | $0.00000830 | 5 | +1 |
Key Challenges for SHIB in 2022:
- Recession fears and 8.6% inflation.
- Declining purchasing power.
- Unfavorable market conditions for parabolic rallies.
At press time, SHIB trades at $0.00000830 (up 3.62% in 24 hours) but remains 90.5% below its ATH.
FAQs About Shiba Inu Long-Term Holding
Q1: Why are investors holding SHIB long-term?
A: Many refuse to sell at a loss, betting on future price recovery.
Q2: What percentage of SHIB holders have held for over a year?
A: 26%, per Certik.
Q3: Can SHIB remove a zero in 2022?
A: Unlikely due to macroeconomic headwinds.
Q4: What’s the average SHIB hold time on Coinbase?
A: 142 days.
Q5: How many wallets hold SHIB for 12+ months?
A: Between 295,000 and 313,000.
👉 Explore Shiba Inu’s long-term potential
Conclusion
Shiba Inu’s long-term holder dominance reflects resilience amid volatility. While deleting a zero in 2022 seems improbable, SHIB’s community-driven momentum could fuel future rallies. For now, HODLing remains the prevailing strategy.
Keywords: Shiba Inu, SHIB holders, long-term investment, cryptocurrency hold time, Certik, Coinbase, delete a zero
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