Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Despite the recent price surge, SHIB is still down 66% from the peak that was achieved on Oct. 28, 2021. According to data provided by IntoTheBlock, 70% of SHIB holders are making money at current prices. The vast majority of the holders have owned the cryptocurrency for more than a year. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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