Shiba Inu (SHIB) Poised for Growth with Bullish 2025 Outlook
- InvestingHaven predicts Shiba Inu’s 2025 targets between $0.0000743 and $0.0000888.
- Investor-tier wallets increased SHIB holdings to 155.97 trillion, a 5.51% rise since December.
- SHIB exchange reserves fell 27.4%, indicating stronger long-term holding trends.
Shiba Inu (SHIB) remains a highly promising asset for the long term despite the current short-term setbacks. In an X post on Friday, analyst InvestingHaven highlighted Shiba Inu’s price targets for 2025 as between $0.0000743 and $0.0000888. The analyst pointed out that there might be fluctuations, but the overall perspective is positive.
Investor-Tier Wallet Growth
According to IntoTheBlock, investor-tier wallets that hold between 0.1% and 1% of SHIB’s total token supply have accumulated more of the token. They have added more SHIB to their wallets as of January 20, raising their holdings to 155.97 trillion SHIB, a 5.51% jump from December 31, 2024. These investors now own 15.07% of SHIB’s total supply, an increase from 148.34 trillion tokens by the end of last year.
On the other hand, large whale holdings have slightly gone down. Whales possessed 569.57 trillion SHIB, 57.88% of the total SHIB in circulation, a decrease from 575.41 trillion at the end of December. This shows a change in the distribution of SHIB among large investors in terms of holdings.
Related: Shiba Inu Unveils ShibOS for Seamless Web2 to Web3 Transition
The number of retail investors has also reduced, but to some extent. At the end of December, retail investors owned 260.56 trillion SHIB, but by January 20, that number had dropped to 258.73 trillion, a decline of 0.92%. Even though this change is not significant, it illustrates a slight decrease in retail participation in this period.
Source: IntoTheBlockThe number of medium-term holders has increased significantly. Cruiser holdings increased by 13.52% in January data. On the other hand, short-term holders who own SHIB for not more than a month recorded a massive 31.93% loss.
Source: IntoTheBlockSHIB Exchange Reserves Fall
CryptoQuant data shows that the amount of SHIB held on exchanges has decreased sharply. On January 21, the reserves fell to 98.4 trillion SHIB, a 27.4% decline since the start of the year. This lack of SHIB on exchanges also adds to the idea of long-term bullishness.
Source: CryptoQuantThis decrease in exchange reserves indicates increased trust in SHIB from long-term holders. Given the present accumulation momentum and change in the investment propensity, the future of SHIB is still positive.
The post Shiba Inu (SHIB) Poised for Growth with Bullish 2025 Outlook appeared first on Cryptotale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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