Shiba Inu (SHIB) has recently crossed an important milestone, in a tough competition, Shib has overtaken Bitcoin (BTC) and Ethereum (Eth). The recently revealed figures show that Shiba Inu has overtaken Bitcoin and Ethereum in terms of long -term investors. In addition, new projects and development for SHIBs are also increasing hopes of increasing its price and investors are assuming that Shiba Inu may soon touch the level of $ 1. Let’s know about this great journey of Shiba Inu.
Shiba Inu’s long -term holdings increase
According to the recently revealed data, Shiba Inu has surpassed Bitcoin and Etreum in the case of long -term holders. According to the data, 76% of Shiba Inu holders have been holding tokens for more than a year. The same figure was 74% for Bitcoin and 74% for Ethereum. it Shiba inu It can be considered a great success for, as it shows that investors maintain their trust in Shib and expect an increase in its long term. This long -term holding ratio of Shiba Inu is better than bitcoin and atherium, which shows that it has made its mark in Crypto Community and now its investors have started considering it as a strong and stable assets.
In addition, the average duration of Shib’s holding time is 2.6 years, which is not less than Ethereum (2.4 years) and Bitcoin (4.4 years). It is clear from this data that Shib holders hold their assets for a long time, which is a positive indicator for this token.
Shiba Inu’s new development and possibility of moving towards $ 1 target
Recently, many important news related to Shiba Inu has come out, which shows the possibility of rapid increase in its price.
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An unknown user sent 1 billion shib token to the dead wallet, leading to an increase of 8,470% in the burn rate of Shiba Inu. This token burn can be helpful to reduce the supply of Shiba Inu and increase Shiba Inu Value. This can be a positive signal for investors of this token.
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Shiba Inu’s marketing lead Lucie recently indicated that Shiba Inu ETF could be launched. He described the presence of Shib in over 110 exchanges and 212 trading pair, which could prove to be an important step towards making it ETF.
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Shiba Inu’s team is preparing for the launch of a new Defi Platform Shib Finance. With this new platform, Shib is moving beyond its traditional crypto and is building a complete financial ecosystem. The purpose of this ecosystem is not only token swapping, but also to provide users to provide users to provide boaring, savings, lending and other financial services. This step too Shiba Inu Value Can bring significant changes in.
Keeping in mind the Shib’s community-driving nature and its long term development plan, this step can take Shib on the path of Bitcoin and Ethereum. If Shiba Inu takes this step correctly, the shib value may increase and it can move rapidly towards a $ 1 target.
Conclusion
Shiba Inu has proved that it is not just a Memecoin, but has become a strong and long -term investment option by surpassing Bitcoin and Ethereum in terms of its long -term holdings. The possibilities of recent token burn and ETF inaugence have further strengthened the direction of increase in the price of Shiba Inu. If the shib continues to move towards similar positive development, it can achieve a $ 1 target. Given the increasing demand for Shib and its new development, investors may expect a faster increase in its price.
