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65% Of All Shiba Inu Holders Now Underwater As Profitability Drops To 2024 Levels

Bitcoinist LogoBitcoinist1w ago

65% Of All Shiba Inu Holders Now Underwater As Profitability Drops To 2024 Levels - Bitcoinist

Quick Summary:

Shiba Inu investors continue to endure major losses as the SHIB price remains 87% below its all-time high price reached back in 2021.

Multiple price crashes over the last few have left the majority of investors in the red with profitability dropping to early 2024 levels once again.

However, it could also mean that interest is returning for the meme coin, and if this participation turns into buying pressure, then it could lead to a recovery for SHIB.

More Pictures

65% Of All Shiba Inu Holders Now Underwater As Profitability Drops To 2024 Levels - Bitcoinist (Picture 1)65% Of All Shiba Inu Holders Now Underwater As Profitability Drops To 2024 Levels - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Best Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 15:00:36 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27748102

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "65% Of All Shiba Inu Holders Now Underwater As Profitability Drops To 2024 Levels" was covered 1 weeks ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 12 news stories per day.

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  • URL: https://chronographically.beamstart.com/news/65-of-all-shiba-inu-17441744009720

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