Shiba Inu’s Wild Ride: 15% Gains but Holders Crying “Where’s the Beef?” 🍔🐶

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TL;DR

  • SHIB’s like that kid in gym class – always underperforming against the cool altcoins, with over half its holders still waiting for their paper losses to magically disappear!
  • Some “experts” predict a breakout, while on-chain data shows a decreasing inflow of coins to exchanges—which is sort of like saying we’re out of pizza at a party, but it still smells like a buffet.

The Gains Are Not Good Enough?

Shiba Inu (SHIB) has bounced up about 15% this week, currently hanging out around $0.00001445 (or as we like to call it, the equivalent of pocket lint). Sounds great, but compared to other altcoins like Stellar (XLM) or Ripple (XRP), it’s like showing up to a potluck with just a bag of chips.

And here’s the kicker: most SHIB holders are sitting on losses so unrealized they could star in their own ghost story. According to IntoTheBlock, only 44% are in the green! The other 54%? They’re in the red like a bad traffic light! 2% are barely breaking even, meaning they could’ve just left their money under the mattress.

This might be because many jumped onto the meme coin bandwagon when it was soaring. Data tells us that almost 80% of SHIB’s investors came in before the price went belly-up! Talk about late to the party, huh?

Let’s not forget that self-proclaimed Dogecoin-killer peaked back in November 2021 at around $0.00008616. Now? That’s a staggering 83% drop. Ouch! If that’s not a Halloween horror story for holders, I don’t know what is!

The Rally Is Just Starting?

Some market wizards think SHIB’s ready for its comeback. One social media oracle named World of Charts claims it’s broken into “important territory,” which could mean we’re on the cusp of a “jolly nice rally.” Or you know, just more wishful thinking.

Data from CryptoQuant shows SHIB’s exchange netflow has been mostly negative lately, meaning folks are moving their coins from exchanges like they’re dodging their ex at a reunion. Less selling pressure, right? Great! Unless it’s just everyone deciding to keep their treasures hidden like a dragon’s hoard!

But hang on to your hats, dear investors! SHIB’s RSI is above 70, which is like its way of saying, “Hey! I’m feeling too popular! I might need to chill for a sec!” As they say, too much of a good thing… you know it’s gonna end in a bellyache, right?

If the RSI readings stay above 70, it usually means it’s time for a dip. A bit like that one relative who drinks too much at family gatherings—fun at first, then a bit regrettable!

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2025-07-17 13:46