First Bitcoin (BTC) and Ethereum (ETH) for all of 2021, including cryptocurrencies It has been a year of tremendous growth for
Apart from Bitcoin and Ethereum, meme tokens also made their mark in 2021. In the first months of the year, Tesla CEO Elon Musk supported Dogecoin (DOGE) It climbed as high as $0.74, an all-time high.
According to the news of the news publication International Business Times (IBT), the crypto money popular meme token that crypto money investors hold for the longest time Shiba Inu (SHIB) it happened.
According to data from IBT, Coinbase of SHIB He said that it even surpassed the leading cryptocurrency Bitcoin.
from Coinbase According to the data received, the longest held cryptocurrency by investors was the Shiba Inu with an average of 120 days.
With 115 days in second place after SHIB Bitcoin (BTC), third place with 87 days Ethereum (ETH) took place.
SHIB’s rival Dogecoin (DOGE) ranked fourth with an average holding time of 80 days.
Ranked 11th in terms of market capitalization according to CoinMarketCap data Avalanche (AVAX) ranked last with a retention time of only 36 days.
Coinbase had the following to say about the success of SHIB and the holding time of cryptocurrencies:
“The long holding time of a cryptocurrency indicates its tendency to accumulate. The short holding period shows the increasing movement of tokens.
In this context, more and more investors are accumulating Shiba Inu to benefit from the increasing partnerships of the meme coin.”
According to CoinMarketCap data, it is ranked 15th. shiba inu It is trading at $0.00002291, down 1.38% in the last 24 hours.