Shiba Inu (SHIB) investors are showing resilience and staying optimistic about the coin’s future, even when many face losses. Despite the broader crypto market struggling to recover from a sharp downturn, SHIB holders continue to believe in the token’s long-term potential. Let’s dive into the latest data, including SHIB’s price movements, investor sentiment, and the potential for a bearish June 2025.
Shiba Inu’s Price Recovery Following Market Shock
On May 23, Shiba Inu’s price surged to $0.000016, only to take a major hit shortly after U.S. President Donald Trump announced a 50% tariff on goods imported from the EU. This announcement caused widespread financial market turmoil, and the prices of many assets, including Shiba Inu, plummeted.
Within hours, SHIB’s price dropped to around $0.000014, marking a significant loss for investors. The downturn continued over the weekend, with SHIB’s price dipping below the $0.000014 mark to reach $0.00001396. However, the token has since seen a rebound, trading at $0.00001460 as of the latest update.
While the bounce back shows potential for recovery, the overall sentiment in the Shiba Inu market remains cautious as many holders still face significant losses.
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Majority of Shiba Inu Investors Are Still in the Red
Despite the recent rebound in SHIB’s price, a majority of its holders are still in a loss position. According to data from IntoTheBlock, around 81.25% of Shiba Inu’s 1.44 million on-chain addresses are “out of the money,” meaning they currently hold SHIB at a loss. This translates to approximately 1.17 million wallets, with a total holding of 800.39 trillion SHIB tokens, valued at around $11.68 billion.
It’s worth noting, however, that the number of wallets in loss has decreased significantly compared to the previous month. In April 2025, when SHIB traded closer to $0.000012, approximately 87% of addresses were underwater. This reduction in loss-making addresses suggests that some investors are recovering, even if slightly, from the recent dip.
Conversely, only 15.99% of SHIB holders, about 230,000 wallets, are “in the money.” These investors collectively hold 157.5 trillion SHIB, valued at approximately $2.3 billion. Meanwhile, 2.76% of SHIB addresses, around 39,744 wallets, hold 27.15 trillion SHIB, worth $396.39 million, with a break-even position, neither in profit nor in loss.
Long-Term Holders Drive Shiba Inu’s Bullish Sentiment
Although many SHIB holders are facing losses, investor sentiment remains largely bullish, driven by long-term holders. IntoTheBlock’s data shows that 1.13 million addresses have held over 787 trillion SHIB tokens for more than a year. These long-term investors continue to see the potential for a recovery, maintaining faith in SHIB’s future prospects.
Furthermore, approximately 290,630 addresses have held 174.92 trillion SHIB for a period ranging from one to twelve months. This demonstrates that a significant portion of SHIB investors are in for the long haul, despite the recent volatility. Only about 24,990 addresses are short-term traders, holding 23.23 trillion SHIB for less than a month, signalling that most SHIB holders have adopted a long-term outlook.
A large portion of SHIB’s supply has also been sent to burn wallets, permanently removing these tokens from circulation. Over 410 trillion SHIB tokens have been sent to these burn wallets since the coin’s launch, reducing the total circulating supply and increasing scarcity.
Related article: Shiba Inu Records 5.76 Trillion SHIB Transactions in 24 Hours Amid Uncertain Market Outlook
Shiba Inu Faces Bearish June 2025 Outlook
As Shiba Inu begins to recover from its recent downturn, investors are already bracing for a potentially bearish June 2025. Historical data from CryptoRank indicates that June has not been favourable for Shiba Inu in the past, with the coin recording declines in each of the last four years.
In June 2021, SHIB dropped by 4.75%, and in June 2022, it saw a more significant decline of 12%. The trend continued in June 2023, with SHIB falling by 11.5%, and in June 2024, the coin experienced a major slump of 32.3%. On average, Shiba Inu has posted a 15.1% loss in June, with a median monthly decline of 11.8%.
If this historical trend holds, SHIB could face another significant downturn in the coming month, potentially dipping by double digits again. However, it’s important to note that past performance does not guarantee future results, and there’s always a chance that SHIB could break its June slump this year.
Optimism Amidst Uncertainty
Despite the bearish forecast for June 2025, Shiba Inu’s investors remain optimistic. The continued support from long-term holders, the reduction in the number of loss-making addresses, and the ongoing efforts to burn tokens provide a sense of optimism. Additionally, the broader cryptocurrency market is still trying to recover from last week’s shocks, which might provide some relief for SHIB as well.
Although SHIB faces challenges, including the bearish historical trend for June, the ongoing developments in the Shiba Inu ecosystem and its loyal holders community could help the token remain resilient in the face of adversity.
Conclusion
Shiba Inu investors are facing a mixed landscape: while many are still holding at a loss, the overall sentiment remains positive, especially among long-term holders. SHIB’s recent price rebound suggests potential for recovery, but a bearish June could dampen market enthusiasm in the short term.
