Peter Smith
SHIB is getting hammered right now. The token bounced off that $0.00001447 resistance and slid back to $0.0000126. If it breaks the 50-day moving average, we're probably looking at a drop to $0.000011 support.
But here's the crazy part – while the price tanks, something huge is happening with SHIB holders. IntoTheBlock data shows nearly 80% of people have been holding their tokens for over a year. For a meme coin that used to be all about quick flips, that's wild.
Short-term traders dropped by more than 10% this past year while long-term holders keep growing. SHIB isn't the day-trader casino it used to be.
Shiba Inu (SHIB) Holders Changed Everything
Having 80% of supply locked up with diamond hands changes the whole game. Those brutal crashes SHIB used to have? Way less likely now because there aren't enough people ready to panic sell.
It's like having built-in stability. But there's a catch – when everyone's just holding, pumps don't hit as hard either. Less speculation means weaker rallies, which explains why SHIB has been struggling to follow through lately.
The token is basically maturing from a "get rich quick" play into something people actually believe in long-term. Some might call it boring, but it's probably healthier.
What SHIB (Shiba Inu) Price Action Means Now
SHIB is stuck between its meme coin past and whatever it's becoming. The current $0.0000126 price shows this transition isn't smooth. Technicals still look bearish, and without a catalyst, that $0.000011 support is probably getting tested.
But even if it drops there, those 80% long-term holders won't flinch. They're not chasing moonshots anymore – they're betting SHIB actually becomes something over time.
Gone are the days of 100% daily swings from random tweets. This new SHIB is less explosive but way more stable. It's not the same hype-driven rocket ship from before.
For anyone missing the old volatility, this feels boring. But having 80% of holders who aren't going anywhere creates a foundation that can survive pretty much any crypto storm. SHIB is growing up, and that might be exactly what it needed.
Peter Smith
