How Many Holders Are in Profit?

Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the SHIB team has been working relentlessly on different projects for the community. However, it seems that many holders in the Shiba Inu community are at a loss.

With Shiba Inu holding above $0.00001, let us look at how many SHIB holders are in profit currently.

Also read: SHIB Forms Large Red Death Candle; Will SHIB Add Another Zero?

37% of Shiba Inu holders are at a profit

Details from IntoTheBlock reveal that 37% of the total holders are in profit. Moreover, 7% of the holders are neutral, whereas 57% of the Shiba Inu holders are at a loss.

One positive thing is that 75% of the holders have been in it for over a year. Additionally, 22% of the holders have been holding for one month to 12 months, and 3% of the holders have been holding for less than a month.

Also read: Here’s How to Be a Millionaire When Polygon MATIC Hits $2

At press time, SHIB is trading at $0.00001018, with a 2.4% drop in value over the last 24 hours. For the majority of the holders to shine in profit, SHIB should exhibit an exceptional performance that can breach its previous all-time high of $0.00008845.