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Over 75% of SHIB Holders Are in Loss Amid Sustained Selling Pressure

1 min read Original Link

The value of meme cryptocurrency Shiba Inu (SHIB) has struggled to remain stable across 2022, partly impacted by the prevailing market uncertainty. Indeed, the depressed SHIB prices have directly influenced the gains and losses incurred by the token’s investors.

In particular, analysis of the money made by investing in SHIB indicates that at the asset’s price by the time of publishing, about 76% of holders are in loss, while only 15% are in profit. The remaining 9% have broken even. 

(By Paul L.)

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