Shiba Inu gained 15%, but most holders still face unrealized losses.
Over 80% of SHIB investors bought before the massive price drop.
Technical indicators suggest short-term strength, but long-term recovery remains uncertain.
Shiba Inu's SHIB has spiked 15% this week—and the market took notice. Excitement stirred as SHIB reached $0.00001445, igniting fresh conversations across social platforms. Yet behind this rally, a painful truth lingers: most holders still sit deep in the red. While short-term gains offer a spark of hope, long-time investors remain stuck in losses from the meme coin's previous peak. Can SHIB turn the tide—or is this just another short-lived run?
https://twitter.com/ShibainuCoin/status/1944377692012302719?t=ct4VGpPA0LqwVB48FyVo8g&s=19 Why Most SHIB Holders Still See Red
Despite the recent price boost, Shiba Inu hasn't matched the rally speed of others like XRP or HBAR. Stellar also posted bigger gains, leaving SHIB’s movement feeling modest in comparison. Data from IntoTheBlock reveals the full story. About 54% of all SHIB holders remain in loss territory. Only 44% are currently in profit, while a mere 2% have broken even. This gap comes from timing. Nearly 80% of SHIB investors joined the ecosystem more than a year ago. Many entered during the explosive bull market of 2021—when Shiba Inu hit its all-time high of around $0.00008616.
That moment, filled with euphoria, drew in thousands chasing fast returns. Since then, the price has dropped more than 80%. The dream turned into a waiting game. Holding through that kind of decline takes conviction—or hope. New SHIB investor participation remains weak. Only 2% of holders joined in the last 30 days. This low number suggests fresh capital hasn’t poured in yet, and most of the recent price action may come from existing whales and loyal traders. Still, some believe the rally is just warming up. An X user named World of Charts recently pointed to a breakout from an important resistance level. That move, they argued, could mark the beginning of a much bigger bullish trend.
Rally or Trap? The Market Sends Mixed Signals
Looking deeper, some on-chain data supports the bullish case. SHIB’s exchange netflows turned negative over the past week. That trend means more coins left exchanges than entered them. When tokens move to wallets, the selling pressure tends to drop. Investors may feel more confident holding longer-term.
This behavior could help the rally stay alive—if confidence continues to grow. Still, danger lurks in the charts. SHIB’s Relative Strength Index (RSI) climbed past 70, flashing a classic warning. Readings that high often mean an asset is overbought. Prices that climb too fast can invite sharp pullbacks. SHIB might cool off soon before regaining strength.
For long-term holders, this rally feels bittersweet. The green candles bring hope—but also painful reminders of the price they paid. The recovery has started, but the road to previous highs remains steep. SHIB will need momentum, trust, and patience to reclaim the spotlight. For now, optimism flickers—but caution still whispers.
