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Shiba inu surpasses bitcoin and ethereum in holder ratio

Shiba Inu | Surges Past Bitcoin & Ethereum in Long-Term Holder Ratio

By

Marie Dubois

Apr 1, 2025, 05:38 AM

A visual representation of Shiba Inu's rise in long-term holders compared to Bitcoin and Ethereum, showcasing a bullish trend in the cryptocurrency market.

Who's Holding the Doge?

In a surprising twist of the crypto realm, Shiba Inu has overtaken Bitcoin and Ethereum in the long-term holder ratio as of April 1, 2025. This unusual development stirs up debate among investors and crypto enthusiasts, who question whether this trend indicates a new era for meme coins.

The Rise of Shiba Inu Holders

As Shiba Inu gains traction, long-term holders are undeniably showing their commitment. With much of the crypto space actively trading between bullish and bearish markets, the pooch-themed coin has kept a loyal base.

Many users suggest that unlike Bitcoin and Ethereum, which often see price movements during adrenaline-fueled bull runs, Shiba Inu remains relatively stagnant, leading many to hold rather than sell. "Shiba’s just chillin’ while Bitcoin and Ethereum do their dance," one user noted.

Interestingly, as Shiba Inu's long-term holder ratio climbs, critics call this new reality nothing short of baffling. As one commenter remarked, “These meme coins have their own gravitational pull!”

Community Sentiment

In response to this shift, users express a mix of sentiments. While some celebrate the coin's performance, others question the rationale behind holding such a volatile asset. The comments reveal three major themes:

"I mean, to be fair, this is very true. People generally don’t sell to lock in their loss.”

The community sees a blend of enthusiasm and irritation, with traders grappling with whether they should follow suit or patiently wait for gains.

Current Impact and What's Next?

Looking at the overall impact, the bullish vibe surrounding Shiba Inu promotes a culture of risk-taking while remaining steadfast in their investment choices. It seems clear that as the meme coin community continues to gain momentum, these long-term holders are forming a robust alliance, perhaps leaning into the possibility of higher market values or even just sticking with their loyal investments.

Key Insights

As Shiba Inu's popularity grows, it stands to challenge the traditional narratives of the cryptocurrency landscape. What's next for these steadfast holders remains a hot topic among crypto devotees. Are we witnessing the dawn of a new trend among meme coins? Only time will tell.

Learn more about the cryptocurrency trends and stay updated on market movements at CoinDesk.