Investors Rally Behind Shiba Inu as Average Holding Time Jumps Over 100%
Shiba Inu (SHIB) is witnessing a notable change in investor behavior, with the average holding time surging by 106%. This shift suggests a structural maturation in the token, as investors move away from quick speculative trades and embrace longer-term holdings. The data indicates a growing conviction among investors, showing confidence in Shiba Inu’s potential. Even with prices hovering below critical resistance levels, the increase in holding time signals a slowdown in selling pressure. Market participants may want to keep an eye on this evolving trend as it could have substantial implications for SHIBโs price development going forward.