SHIB Holders Stay Loyal—Beating Bitcoin & Ethereum in Retention Rate
The post SHIB Holders Stay Loyal—Beating Bitcoin & Ethereum in Retention Rate appeared on BitcoinEthereumNews.com.
The long-term holder positions SHIB as the third-ranked asset in this category, trailing only Litecoin (LTC) and Chainlink (LINK), according to IntoTheBlock data. Despite launching five years after Ethereum, SHIB’s average holding duration is 2.6 years, compared to Ethereum’s 2.4 years. Shiba Inu (SHIB), the second largest meme coin by market cap, has surpassed dominant cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) in one of the most important market statistics: long-term holder retention. New statistics released by IntoTheBlock show that a higher percentage of SHIB investors have maintained their holdings for more than one year than in the case of BTC and ETH. This further endorses the meme coin’s unexpected resilience amid times of volatility. Shiba Inu Earns Third Spot in Long-Term Holding Based on IntoTheBlock’s most recent statistics, Shiba Inu is third among supported assets in long-term holders. It only follows Litecoin (LTC) and Chainlink (LINK) in this category, showing a strong investor base despite its meme coin branding. At the most recent update, 76% of SHIB holders have retained their tokens for over a year. This is up from 75.8% last seen on March 21. In contrast, Ethereum long-term holders have dipped slightly to 74% from 74.2%, while Bitcoin’s long-term holders’ percentage has increased to 74% but is still lower than SHIB’s. Source: IntoTheBlock An in-depth examination of the holding distribution indicates that 22% of SHIB investors have held their holdings for one to twelve months. In contrast, just 2% of investors have kept their tokens for fewer than thirty days, suggesting negligible short-term speculation in the SHIB market. Furthermore, recent DeFi developments on the platform have also fueled investors’ confidence, as reported earlier. Conversely, Bitcoin owners who have held their assets for less than a month account for 5%, a much larger percentage than SHIB’s 2%. The percentage of…
Filed under: News - @ March 28, 2025 3:18 am