Over 83K More Shiba Inu Investors are in Profit Now Than Last Year Despite Recent Market Slump

Despite a recent 11.75% price drop to $0.000013, Shiba Inu's profitability has improved compared to February 2024. The number of Shiba Inu addresses in profit increased by 83,750 to 553,400, representing 38.65% of total wallets, up from 35.15% a year ago. Addresses in loss now represent 58.84% of the total, down from 61.98% in February 2024, despite the total number of addresses in loss increasing to 842,590. The number of addresses at breakeven decreased to 35,900. Shiba Inu's price has fallen nearly 60% from its December 2024 peak of $0.00003343. At the time of reporting, the price had partially recovered, trading at $0.00001423.