"SHIB hodlers remain unfazed and accumulated during the past weeks and it's paying off with today's Robinhood announcement," IntoTheBlock said in a Telegram broadcast., opening doors for its roughly 17 million users to take exposure to the volatile cryptocurrency. SHIB jumped nearly 22% on Tuesday, registering its biggest single-day percentage gain since Feb. 6, according to data provided by charting platform TradingView.
While accumulation by holders during the recent dour price action is a welcome development for the bulls, the balance held by these addresses still accounts for just 5% of the total circulating supply of 549 trillion."Cruisers" or addresses with a holding period of one to 12 months own more than 93% of the supply, according to IntoTheBlock.
So, it's a long way before SHIB can shed its reputation as a cryptocurrency dominated by speculators. While addresses-based metrics are widely tracked to gauge investor activity, they are not perfect indicators. A single entity can have multiple addresses and can hold his coin stash in several wallets.
godbole17 Soon leslarmetaverse will issue a NFT 🔥🔥🔥 Prepare yourself 👀🚀 LeslarMetaverse TenangDijagain
godbole17 ArcadeLand is simply the best gaming project gamingcommunity 🔥🤑🤑
godbole17 FLOKI🔥🔥🔥🚀🚀🚀🌏
godbole17 Try Flappy_Floki a P2EGame like flappy bird Low MC - Undervalued $flaflo ✅ NTFs ✅ doxxed & KYC ✅ EarnCrypto ✅ 1yr LP Lock ✅ 2% SHIB reflections Tesla + $55,000 Giveaway NFT Giveaway Join TG:
godbole17 Things are really heating up HakuSwap HakuSwap is starting to fire 🔥 Check out first weekly stats update for this month. 5TABLE DEP Avalanche HAKUSWAP HAKU
godbole17 Holder SHIB $SHIB shibainu SHIB
godbole17 Interesting how it would work later
godbole17 Amazing news , tells us more about this shtcoin
godbole17 Shib 💎👀🐕🐳🚀💯
godbole17 shi跟狗
godbole17 Very good , once Tesla accepts Doge on 04/20 they will all swap their Shiba to Doge. $Doge
godbole17 Is it possible to somehow reduce the fees?
godbole17 Stop calling this dogecoin killer ! Shib is surviving because of Doge !
godbole17 ElonGoatToken is about to get MAINSTREAM MEDIA attention when they deliver their $600,000 monument to ELON MUSK. I think Elon will Tweet $EGT SOON! Tg : elongoat egttoken egt elongoattoken claimyourgoat egtarmy elonmusk
Thank you very much_,, zvky
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »