Recent data has revealed the number of traders who have experienced losses compared to those who have made profits with the meme token Shiba Inu.
IntoTheBlock, a data provider, has recently released new information regarding Shiba Inu (SHIB), which is currently the largest meme token globally, following Dogecoin.
Based on the latest information from IntoTheBlock, a platform that analyzes blockchain data, it has been found that only 17.69% of SHIB addresses have made a profit. This means that the current value of their holdings is higher than the initial amount they invested.
In contrast, the data reveals that 79.11% of SHIB addresses have experienced a loss, as the current balance of their holdings is lower than their initial investment. Additionally, 3.20% of SHIB addresses have maintained their investment at the same level as their initial amount.
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.
When it comes to the overall volume of investments, 6.88% of investors have made a profit, meaning their total invested amount has increased. However, a majority of 92.28% of investors have experienced a loss, with their total invested amount being lower than their initial investment. Additionally, a small portion of 0.84% of investors are facing the most significant losses.
Currently, the price of SHIB is $0.000008811, and it has increased by around 1% in the past 24 hours.
Based on the information from IntoTheBlock, many investors who experienced losses bought SHIB between the price levels of 0.000009 and 0.000014.
This information is for general knowledge only and should not be considered as advice for investing or making financial decisions.
