Shiba Inu Reports 76% Long-Term Holders, Surpassing Bitcoin and Ethereum

Recent data from IntoTheBlock reveals key insights into the holder dynamics of Shiba Inu. The metrics indicate strong investor loyalty:

Key Holder Statistics

76% of Shiba Inu holders retain their tokens for over a year.
This percentage surpasses Bitcoin at 74% and Ethereum at 73%.
22% of Shiba Inu holders have retained their tokens between one and twelve months.
Only 2% hold tokens for less than a month.

Visual data illustrates that increased long-term holding suggests confidence in the asset's potential. In contrast, Bitcoin has a higher percentage of new investors at 5%, compared to Shiba Inu's 2%.

Average Holding Periods

Shiba Inu's average holding period is 2.6 years.
Ethereum averages 2.4 years while Bitcoin leads with 4.4 years.

The findings indicate a growing faith in Shiba Inu among investors, suggesting its continued relevance in the cryptocurrency market.