Shiba Inu Shows Strange Trend in This Key Blockchain Metric: Details

Nov 11,2022
Shiba Inu Shows Strange Trend in This Key Blockchain Metric: Details

For the first time, the total number of Shiba Inu long-term holders or "hodlers" exceeded that of viewers in the middle and late stages and investors in the short term. At this stage, half or 50% of the descendants of Zhiyeinu live here for a long time, which will be very good news for SHIB.

This is also the highest proportion of continuous holders of meme cryptocurrency so far. At the beginning, the holders were simple holders in the short term and in the middle and late stages.

According to the data information on the composition of the holders of IntoTheBlock (according to the duration), 50% of SHIB holders "hold" tokens for more than a year, 47% hold tokens within a year, and 3% hold tokens for less than a month.

In the current $200 million industry slump, the durability of most of the Zhiyeinu holders has been confirmed. This is mainly because Shiba Inu is not immune from bullish; At this stage, the stock fell 88.87% to a new historical high of US $0.000088 set nearly a year ago.

In the past 24 hours, the cryptocurrency sales market has suffered another wave of sales. According to data from CoinMarketCap, Shiba Inu (SHIB) also fell by 10%, erasing the weekly increase in the past 24 hours. By the time of submission, SHIB had dropped to around US $0.0000099.

Although the price fell, SHIB's trading volume increased by 53% from the previous day to $734 million. Similarly, according to the data information of WhaleStats, the total number of SHIB holders has kept pace with the times, which is 1238835 at this stage.

Shiba Inu's BONE payment expanded to millions of merchants

According to a recent statement, NOWPayments, a data encryption payment website, said that the governance dynamic password of Shiba Inu, BONE ShibaSwap (BONE), was applied, so that millions of merchants around the world could accept it as payment.

BONE will now be used for payment, donation and payment of sites encouraged by NOWPayments. It is reported that NOWPayments has launched a feature function to allow SHIB to pay salaries.