SHIB Leads Market with 76% Long-Term Holder Rate

• SHIB boasts a higher percentage of long-term holders (76%) than BTC (74%) and ETH (74%).
• Only 2% of SHIB addresses have held tokens for less than a month, compared to BTC’s 5%
• Average SHIB holding period reaches 2.6 years despite launching five years after ETH.

Shiba Inu (SHIB) has established dominance in a crucial on-chain metric, outperforming even the cryptocurrency market’s most established assets. Despite its meme coin classification, SHIB now claims a higher percentage of long-term holders than both Bitcoin and Ethereum.

Recent data from IntoTheBlock confirms that Shiba Inu currently maintains the third-highest percentage of long-term holders among all supported assets on the platform. With approximately 76% of SHIB addresses having held their tokens for at least one year, the meme cryptocurrency now trails only Litecoin (LTC) and Chainlink (LINK) in this key metric of investor commitment.

This figure shows an increase from the 75.8% reported on March 21, which means a growing trend of holder conviction. By comparison, Bitcoin’s long-term holder percentage stands at 74%, while Ethereum’s remains at 74% after experiencing a slight decline during the same period.

Particularly notable is the minimal presence of short-term traders in the Shiba Inu ecosystem. Only 2% of SHIB addresses have held their tokens for less than one month, compared to 5% for Bitcoin and 3% for Ethereum. This stark difference shows that SHIB has attracted fewer “tourist” investors than even the market’s flagship cryptocurrencies.

The remaining 22% of SHIB holders have maintained their positions, identical to Bitcoin’s mid-term holder percentage and slightly below Ethereum’s 23%. This consistent distribution across time frames suggests a relatively stable investor base across all three assets, with SHIB showing particular strength in long-term retention.

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Shiba Inu has achieved an average token holding time of 2.6 years per address, exceeding Ethereum’s 2.4 years despite launching a full five years later. While Bitcoin maintains a higher average holding period at 4.4 years, SHIB’s ability to surpass Ethereum in this metric despite its shorter existence in the market is a remarkable achievement for the younger token.

The strong holder metrics come amid other developments in the Shiba Inu ecosystem. Most notably, SHIB has experienced extraordinary burning activity, with recent data showing a 57,069% increase in burn rate over 24 hours with more than 1 billion tokens removed from circulation. This substantial reduction in supply, combined with the reluctance of existing holders to sell, creates potential conditions for increased scarcity if demand remains stable or grows.

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