Vera_El

Date: May 22, 2025
Written By: Lele Jima
$SHIB Inu
Follow Me
Despite Shiba Inu’s recent price fluctuations, most investors have remained resilient, holding the token for more than a year.
The Bitcoin-led relief rally has positively impacted the prices of major assets like Shiba Inu (SHIB). Fresh data from #CoinMarketCap shows that SHIB’s price has soared by 5.87% over the past 24 hours to $0.00001542.
However, its weekly performance is not impressive, as Shiba Inu’s price has only increased by 2.87% within this timeframe. Further, Shiba Inu has experienced a surge of 23.02% in the past 30 days. However, the canine-themed token is still down 27.1% year-to-date and 37.9% in the past six months.
freestar
Despite this, investors’ faith in the asset has not declined, with many anticipating a massive price spike in the future. The growing confidence in Shiba Inu is reflected in the number of long-term investors currently backing the token.
Addresses Holding 787T SHIB for Over a Year
Fresh data from IntoTheBlock (ITB) confirms that there are about 1.45 million Shiba Inu on-chain addresses holding SHIB. Of this amount, 1.13 million addresses are long-term holders who have held Shiba Inu for over a year. Based on the duration of their holdings, ITB labeled them as ‘holders.’
According to the data, these 1.13 million addresses hold a combined 787.39 trillion SHIB tokens, which represents 79.91% of the total 985.3 trillion SHIB held on–chain. The data shows that most Shiba Inu investors are holding the token for the long term.
Shiba Inu Addresses by Ownership
While IntoTheBlock suggests that 1.13 million addresses hold about 787.39 trillion SHIB tokens, it is worth mentioning that this data comprises both active and inactive tokens, including those in Shiba Inu’s official burn address.
The official burn wallet currently holds roughly 410.74 trillion SHIB tokens. Although these tokens have been permanently removed from circulation, they will still appear in on-chain data captured by blockchain analytics platforms like IntoTheBlock.
Currently, Shiba Inu still has a circulating supply of approximately 589.25 trillion tokens.
Short-Term SHIB Holders
According to IntoTheBlock data, roughly 288,500 addresses have been holding a combined 171.59 trillion SHIB tokens for one to twelve months. Interestingly, ITB classified this category of Shiba Inu investors as ‘cruisers.’
On the other hand, 25,760 addresses are short-term traders who currently hold about 26.33 trillion SHIB for less than a month.
Shiba Inu Addresses by Time Held
The significant number of long-term Shiba Inu holders and their holdings signal investors’ optimism in SHIB. Despite short-term price fluctuations, these investors have held on to their SHIB assets for an extended period.
Their confidence is mainly driven by Shiba Inu’s prospects for huge price spikes, as observed in the 2021 market cycle. Another factor fueling investors’ optimism in Shiba Inu is the optimistic price projections from top experts.
Notably, most analysts, like Eunice Wong, predict that SHIB’s price would climb to around $0.0001 this bull cycle, representing a surge of 548.5% from the current price.
Shiba Inu Address Holdings in USD
Meanwhile, IntoTheBlock also provided insight into the U.S. dollar value of investors’ Shiba Inu portfolios. Out of Shiba Inu’s total on-chain addresses, 203,500 hold SHIB worth less than $1, while 225,730 of these wallets control SHIB portfolios valued between $1 and $10.
Nearly 568,000 addresses have Shiba Inu portfolios valued at around $10 – $100. About 350,900 addresses own tokens worth between $100 and $1,000, while 95,190 wallets hold SHIB worth $1,000 – $10,000.
11,310 address control portfolios containing SHIB worth $10,000 and $100,000 each. However, the number of addresses holding $100,000 worth of tokens and above is even lower.
For instance, about 1,470 addresses hold SHIB valued between $100,000 and $1 million. In addition, 857 wallets hold SHIB worth $1 million to $10 million each. Only a few addresses, 71, hold Shiba Inu tokens worth $10 million and above.
Shiba Inu Address Holdings in USD
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses
#shiba⚡
#TrumpTariffs
#MarketPullback

Date: May 23, 2025
Written By: Lele Jima
$SHIB Inu
Follow TheCryptoBasic
Leading chatbots such as Grok and ChatGPT predict Shiba Inu price in a scenario where Bitcoin skyrockets to an ambitious target of $700,000. 
$BTC Bitcoin has continued to turn heads in the crypto market following its remarkable rally that saw it register a new all-time high of $111,970 yesterday. This comes after its price soared by 6.59% in the past week and 18.64% over the past 30 days. 
Bitcoin to Hit $700K 
Bitcoin’s recent surge triggered a wave of optimistic predictions for the asset among crypto experts, with some predicting a rise to the $700,000 mark. 
Recall that BlackRock CEO Larry Fink first issued the bullish target in January during an interview with Bloomberg at the World Economic Forum (WEF). He projected that Bitcoin’s surge to the $700,000 mark would be driven by increased institutional interest in the asset. 
The BlackRock CEO envisioned a scenario in which sovereign wealth funds allocate 2% to 5% of their assets to Bitcoin, potentially driving the price to $700,000. For context, Bitcoin is currently changing hands at $110,754. Therefore, hitting the $700,000 target demands an upsurge of 532.03%. 
Potential Impact on SHIB’s Price 
Bitcoin’s potential surge to the $700,000 mark is expected to positively impact the price of altcoins like Shiba Inu (SHIB). 
With a 76% 30-day correlation to Bitcoin, according to IntoTheBlock data, Shiba Inu’s price typically rises and falls in tandem with BTC.
Essentially, an increase in Bitcoin’s price usually translates to an upsurge in SHIB’s value and vice versa due to Shiba Inu’s correlation with BTC. In most cases, SHIB amplifies this trend, as a slight increase in Bitcoin’s price leads to a greater price surge for Shiba Inu. 
This is reflected in the daily performances of Bitcoin and Shiba Inu. While Bitcoin’s price is up 1.03% in the past 24 hours, Shiba Inu’s price has spiked by 3.08% in the same timeframe. 
#Shiba Inu Price If #bitcoin Hits $700K 
With Bitcoin projected to hit $700,000, multiple entities, including OpenAI’s ChatGPT and X’s chatbot Grok, forecasted how much SHIB could be worth if the BTC prediction materializes. 
Notably, Shiba Inu is currently trading at $0.00001503, with its market cap at $8.85 billion. According to ChatGPT, if Bitcoin hits the $700,000 target and Shiba Inu maintains its current market cap ratio, the price of the doggy-themed token could rise to $0.000095.
This estimate assumes that Shiba Inu also grows proportionally, matching Bitcoin’s 532% move to the $700,000 target. 

ChatGPT prediction for Shiba Inu if Bitcoin hits $700000
Clinching the $0.000095 mark would mark a new all-time high for Shiba Inu, surpassing the previous record of $0.00008845 by 7.4%. 
$Grok Prediction 
Notably, #Grok also shared a similar view, forecasting that Shiba Inu’s price would climb to $0.000095 if it mirrors Bitcoin’s 532% surge. However, it suggested that Shiba Inu could surpass the $0.000095 target as SHIB is more volatile than Bitcoin. 
Given Shiba Inu’s highly volatile nature, Grok suggested that it could outperform or underperform Bitcoin’s gains under certain market conditions. 
Therefore, the chatbot set a target of $0.000095 to $0.0001 for Shiba Inu if Bitcoin clinches the $700,000 target. Interestingly, Grok forecasted that Shiba Inu might aim for ambitious targets like $0.001 under an extremely bullish market. 
Besides Shiba Inu’s strong correlation with Bitcoin, Grok suggested that certain factors like ongoing Shibarium developments could support the token’s surge to around $0.001, representing an increase of 6,553% from the current price. 
Meanwhile, Grok urged investors to exercise caution while investing in cryptos and not rely on its prediction as investment advice. 
Grok prediction for Shiba Inu if BTC hits $700K
DisClamier: 
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses
#TrumpTariffs
#BinanceAlphaAlert
#Write2Earn
#BinanceAlphaAlert