{"id":20455,"date":"2025-04-03T16:02:07","date_gmt":"2025-04-03T16:02:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20455"},"modified":"2025-04-03T16:02:07","modified_gmt":"2025-04-03T16:02:07","slug":"shib-plunges-15-in-a-week-but-long-term-holders-remain-unfazed","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20455","title":{"rendered":"SHIB Plunges 15% in a Week but Long-Term Holders Remain Unfazed"},"content":{"rendered":"<div>\n<p>\u200bShiba Inu (SHIB) has followed the broader market downturn, losing more than 15% over the past week alone. The spike above $0.000015 in late March was short-lived due to heightened volatility, which caused the meme coin to drop to $0.000012 at the time of writing.<\/p>\n<p>The fresh decline came after US President Donald Trump announced new tariffs on imports from 50 countries, including the BRICS and the European Union. Despite this, the conviction of long-term investors remains strong.<\/p>\n<p>According to recent data from IntoTheBlock, long-term Shiba Inu holders \u2013 those retaining their tokens for over a year \u2013 now collectively own more than 80% of the total SHIB supply. This significant concentration among this cohort of investors suggests a strong belief in the meme coin\u2019s future potential, even amidst the volatility of the market.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Long-term <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$SHIB<\/a> holders collectively own more than 80% of the total supply.<\/p>\n<p>This indicates that even amid challenges in the memecoin market, many <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$SHIB<\/a> holders remain optimistic. <a href=\"https:\/\/t.co\/JTnHS2TIjq\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/JTnHS2TIjq<\/a><\/p>\n<p>\u2014 IntoTheBlock (@intotheblock) <a href=\"https:\/\/twitter.com\/intotheblock\/status\/1907486436276011359?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">April 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Such a high percentage of long-term holders can contribute to price stability as these investors are less likely to engage in rapid selling during market fluctuations.<\/p>\n<p>Additionally, this trend indicates a maturing investor base that views SHIB not merely as a speculative asset but as a long-term component of their cryptocurrency portfolios.<\/p>\n<p>In a milestone for the SHIB ecosystem, its Layer 2 scaling solution, Shibarium, recently <a href=\"https:\/\/cryptopotato.com\/1-billion-and-counting-shiba-inus-shibarium-reaches-a-major-milestone\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">surpassed<\/a> one billion total transactions. Prominent Shiba Inu team members, including marketing strategist LUCIE, praised the community\u2019s role in this success.<\/p>\n<p>The main objective behind Shibarium is to improve transaction efficiency, expand utility, and introduce a token-burning mechanism. As such, experts anticipate a major rally for the token if Shibarium\u2019s adoption picks up.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/shib-plunges-15-in-a-week-but-long-term-holders-remain-unfazed\/\" rel=\"nofollow\">SHIB Plunges 15% in a Week but Long-Term Holders Remain Unfazed<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u200bShiba Inu (SHIB) has followed the broader market downturn, losing more than 15% over the past week alone. The spike above $0.000015 in late March was short-lived due to heightened volatility, which caused the meme coin to drop to $0.000012 at the time of writing. The fresh decline came after US President Donald Trump announced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20455","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20455"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20455\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}