{"id":25397,"date":"2025-05-06T14:02:36","date_gmt":"2025-05-06T14:02:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25397"},"modified":"2025-05-06T14:02:36","modified_gmt":"2025-05-06T14:02:36","slug":"shiba-inu-shib-surpasses-bitcoin-btc-and-ethereum-eth-in-this-key-metric-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25397","title":{"rendered":"Shiba Inu (SHIB) Surpasses Bitcoin (BTC) and Ethereum (ETH) in This Key Metric: Details"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\"><strong>TL;DR<\/strong><\/span><\/p>\n<ul>\n<li>Shiba Inu boasts a strong holder base, with a big chunk of its 1.5 million+ investors holding the asset for over a year.<\/li>\n<li>Despite a 9% weekly dip, SHIB may be primed for a rebound, fueled by a spike in token burns, the advancement of Shibarium, and rising exchange outflows.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-395485\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB_CB-14-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>SHIB is Ahead on This Front<\/h2>\n<p><span data-preserver-spaces=\"true\">Shiba Inu (SHIB) was launched in the summer of 2020 as a meme coin with a dubious utility and <\/span><span data-preserver-spaces=\"true\">largely driven<\/span><span data-preserver-spaces=\"true\"> by community hype. In the past few years, though, the project evolved into a more ambitious ecosystem with serious development goals.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> could be among the reasons why the self-proclaimed Dogecoin killer is one of the most popular cryptocurrencies, with <\/span><span data-preserver-spaces=\"true\">the number of<\/span><span data-preserver-spaces=\"true\"> its holders recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/LucieSHIB\/status\/1914689783558820138?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1914689783558820138%7Ctwgr%5Efa2ceb2e5fc991189bc6d2c8bcb756615649eedb%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.tradingview.com%2Fnews%2Fu_today%3A20156578f094b%3A0-shiba-inu-team-shares-new-milestone-as-shib-holders-surpass-1-5-million%2F\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">exceeding<\/span><\/a><span data-preserver-spaces=\"true\"> 1.5 million.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A thorough look at IntoTheBlock\u2019s data <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/app.intotheblock.com\/coin\/SHIB\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">shows<\/span><\/a><span data-preserver-spaces=\"true\"> that around 78% of those investors <\/span><span data-preserver-spaces=\"true\">have hopped<\/span><span data-preserver-spaces=\"true\"> on the bandwagon more than a year ago. <\/span><span data-preserver-spaces=\"true\">20%<\/span><span data-preserver-spaces=\"true\"> have done so in the last 12 months, whereas only <\/span><span data-preserver-spaces=\"true\">2% have<\/span><span data-preserver-spaces=\"true\"> entered the ecosystem in the last 30 days.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In comparison, around 75% of <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/app.intotheblock.com\/coin\/BTC\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">Bitcoin (BTC<\/span><\/a><span data-preserver-spaces=\"true\">) holders have held their assets for over a year \u2013 a <\/span><span data-preserver-spaces=\"true\">figure that\u2019s nearly identical<\/span><span data-preserver-spaces=\"true\"> for <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/app.intotheblock.com\/coin\/ETH\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">Ethereum (ETH)<\/span><\/a><span data-preserver-spaces=\"true\"> investors.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The large share of long-term Shiba Inu holders signals a committed investor base, which is typically considered less likely to sell impulsively during turbulent times.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It\u2019s worth noting that<\/span><span data-preserver-spaces=\"true\"> a significant portion of these investors could have entered the market in 2021 when SHIB skyrocketed to prominence amid its explosive price surge.<\/span><span data-preserver-spaces=\"true\"> With the token now trading well below those peak levels, many <\/span><span data-preserver-spaces=\"true\">of them<\/span><span data-preserver-spaces=\"true\"> may be currently sitting at unrealized losses.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to IntoTheBlock\u2019s data, almost 60% of all Shiba Inu investors remain underwater. 37% are in the green, while 4% are breaking even.<\/span><\/p>\n<figure id=\"attachment_395484\" aria-describedby=\"caption-attachment-395484\" style=\"width: 1097px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Holders.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-395484\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Holders.png\" alt=\"SHIB Holders in Profit\" width=\"1097\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Holders.png 266w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Holders-50x18.png 50w\" sizes=\"auto, (max-width: 1097px) 100vw, 1097px\"><\/a><figcaption id=\"caption-attachment-395484\" class=\"wp-caption-text\">SHIB Holders in Profit, Source: ITB<\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">Time for a Pump?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">While SHIB\u2019s price has suffered a 9% weekly decline, certain elements <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/3-reasons-why-shiba-inu-shib-could-be-on-the-verge-of-a-price-rally\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">hint<\/span><\/a><span data-preserver-spaces=\"true\"> at an upcoming resurgence. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">One example is the burn rate, which has <a href=\"https:\/\/x.com\/shibburn\/status\/1919738965420077127\" data-wpel-link=\"external\" target=\"_blank\">increased<\/a> by over 350% in the last seven days. The total amount of scorched tokens since adopting the program in 2022 is more than 410 trillion, meaning there are around 584.4 trillion in circulation, according to this SHIB <a href=\"https:\/\/www.shibburn.com\/\" data-wpel-link=\"external\" target=\"_blank\">tracker<\/a>.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Reducing the overall supply makes the asset more scarce and could make it more valuable. However, this needs to <\/span><span data-preserver-spaces=\"true\">be combined<\/span><span data-preserver-spaces=\"true\"> with a non-declining demand.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Other factors suggesting a possible revival are the development of Shibarium and the recent SHIB exchange netflow. The layer-2 blockchain solution has <\/span><span data-preserver-spaces=\"true\">recently <a href=\"https:\/\/cryptopotato.com\/200000000-shiba-inus-shibarium-blasts-through-another-key-milestone\/\" data-wpel-link=\"internal\">passed<\/a><\/span><span data-preserver-spaces=\"true\"> numerous major milestones, with some industry participants <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-to-the-moon-but-under-this-crucial-condition-bitcoin-advocate-weighs-in\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">predicting<\/span><\/a><span data-preserver-spaces=\"true\"> a significant price jump for the meme coin in the event of further advancement.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For its part, SHIB exchange outflows have dominated inflows in the past several days, signaling a shift toward self-custody methods and reduced selling pressure.<\/span><\/p>\n<figure id=\"attachment_395483\" aria-describedby=\"caption-attachment-395483\" style=\"width: 985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-395483\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow.png\" alt=\"SHIB Exchange Netflow\" width=\"985\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow.png 1531w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow-300x122.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow-1024x416.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow-768x312.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SHIB-Netflow-50x20.png 50w\" sizes=\"auto, (max-width: 985px) 100vw, 985px\"><\/a><figcaption id=\"caption-attachment-395483\" class=\"wp-caption-text\">SHIB Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-surpasses-bitcoin-btc-and-ethereum-eth-in-this-key-metric-details\/\" rel=\"nofollow\">Shiba Inu (SHIB) Surpasses Bitcoin (BTC) and Ethereum (ETH) in This Key Metric: Details<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Shiba Inu boasts a strong holder base, with a big chunk of its 1.5 million+ investors holding the asset for over a year. Despite a 9% weekly dip, SHIB may be primed for a rebound, fueled by a spike in token burns, the advancement of Shibarium, and rising exchange outflows. SHIB is Ahead on [&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-25397","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\/25397","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=25397"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25397\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}