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.
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.