Shiba Inu (SHIB) Market Overview

According to IntoTheBlock data, 84.94% of Shiba Inu (SHIB) addresses are “out of the money,” indicating that the current price is lower than their average purchase price.

This metric shows the proportion of holders experiencing a loss based on their entry prices. In comparison, 10.61% of addresses are “in the money,” meaning they are profitable, while 4.45% are breaking even.

Despite most holders being at a loss, approximately 836.25 trillion SHIB remain profitable at current prices, highlighting the market’s volatility.

As of now, Shiba Inu (SHIB) is priced at $0.00001273, reflecting a 0.77% increase over the day, indicating mild upward momentum. Its market cap stands at $7.50 billion, maintaining its position among the top meme coins.

The 24-hour trading volume has surged by 14.50% to $121.53 million, suggesting increased market participation. With a fully diluted valuation (FDV) of $7.5 billion, SHIB’s valuation closely aligns with its circulating supply, reinforcing its stability.

A volume-to-market cap ratio of 1.62% highlights moderate liquidity. While price action remains steady, the growing volume points to sustained interest in SHIB’s long-term potential.

Moreover, IntoTheBlock data indicates that large holders’ net flows for Shiba Inu have skyrocketed by 1,448% this week, marking a significant comeback for SHIB whales. After a period of stagnation, inflows from large holders began to increase from 189.81 billion SHIB on March 17, with the latest spike being the most substantial.