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Shiba Inu holders show resilience amid market volatility

Shiba Inu holders show resilience amid market volatility

GrafaGrafa2025/04/04 13:20
By:Liezl Gambe

On-chain data reveals that Shiba Inu’s (CRYPTO:SHIB) long-term holders, known as HODLers, have maintained strong conviction despite recent price fluctuations.

According to market intelligence platform IntoTheBlock, these investors currently control over 80% of the meme coin’s circulating supply.

HODLers are defined as investors who have held their tokens for more than one year.

This group is considered the most steadfast in the market, as statistically, the longer an investor holds onto their coins, the less likely they are to sell.

However, during significant price rallies, even long-term holders may engage in profit-taking.

In early 2024, Shiba Inu HODLers reduced their holdings during a price surge, indicating some participation in selling.

Smaller selloffs occurred later in the year and at the start of 2025.

Despite these instances, the overall supply held by HODLers has increased in recent months, demonstrating resilience amid broader market challenges.

“This indicates that even amid challenges in the memecoin market, many SHIB holders remain optimistic,” IntoTheBlock noted.

The increase in HODLer supply reflects a transition from the “cruiser” group—investors who have held tokens for one to twelve months—rather than new buying activity.

Shiba Inu’s long-term holder metrics stand out compared to other cryptocurrencies.

Recent data shows that 76% of SHIB holders have kept their tokens for over a year, surpassing Bitcoin’s (CRYPTO:BTC) 74% and Ethereum’s (CRYPTO:ETH) 73%.

Additionally, Shiba Inu boasts an average holding period of 2.6 years, higher than Ethereum’s 2.4 years and impressive for a coin launched five years later than Bitcoin.

The loyalty of Shiba Inu’s investors suggests confidence in its long-term potential.

Analysts believe that sustained network activity and ecosystem developments like Shibarium could further strengthen its position in the market.

At the time of reporting, the Shiba Inu (SHIB) price was $0.00001221.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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