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Happy new year folks
Fundamental Shiba Inu (SHIB) Metric Making Comeback
At the moment, 43% of SHIB holders are losing money, compared to 52%, who are making money. In the face of greater market uncertainty, this composition shows how resilient the SHIB network is. The growing number of short-term holders indicates growing demand and, if the trend continues, may mark the start of a possible rally. On-chain signals, however, give conflicting information.
At 0.38%, the net network growth metric is a little pessimistic, and the sharp decline in large transactions of 14.39% suggests that whale activity has decreased. Significant investors may be taking a cautious approach, perhaps waiting for more robust bullish signals before reentering the market. 0 reply
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