Crypto NewsNewsShiba Inu (SHIB) Alert: Losing Investor Amount Announced!

Shiba Inu (SHIB) Alert: Losing Investor Amount Announced!

New data has been released on the ratio of loss-making traders to profit-making traders in the popular meme token Shiba Inu.

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New data has been released by IntoTheBlock for Shiba Inu (SHIB), the world's largest meme token after Dogecoin.

According to the latest data from IntoTheBlock, a blockchain analytics platform, only 17.69% of SHIB addresses are in profit, meaning their current balance is more valuable than their initial investment.

On the other hand, 79.11% of SHIB addresses are at a loss, meaning their current balance is less than their initial investment. The investments of the remaining 3.20% of SHIB addresses are at the same level as their initial investments.

Chart examining the historical change in the ratio of traders in profit and loss on SHIB. It is seen that the profitability ratio reached its maximum level in the second half of 2021. There was an overall rise in meme tokens during this period.

In terms of volume, 6.88% of the investors' money is in profit, 92.28% is in loss and 0.84% is in the case of the most loss.

However, SHIB price is trading at $0.000008811 at the time of this writing and is up approximately 1% in the last 24 hours.

According to IntoTheBlock data, a significant part of the investors who were in loss bought between 0.000009 and 0.000014 levels.

*Not investment advice.



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