$SHIB
The Shiba Inu coin is growing and its stability is incredible because most people have been holding it for a long time, meaning about 75% of investors have held it for more than a year, and this is not a small number at all compared to other coins like Bitcoin and Ethereum.
What is the reason? There are several reasons, the most important of which is the Shibarium project, which is a layer two on the Shiba network that has increased its usage, as well as the burning programs that reduce the number of coins available in the market, which raises its price. Also, people have started to trust it more and no longer see it just as a meme coin.
The presence of people holding the coin for a long time may keep its price stable and gradually increase over time, but of course, the market is full of fluctuations, so one must be cautious.
What do you think? Have you been holding Shiba for a long time, or are you planning to invest in it? Share your experiences and thoughts with me.