Shiba Inu (SHIB) recently saw a notable price increase, rising to around $0.000012, raising excitement among its holders. However, despite this bounce back, the majority of Shiba Inu investors are still in the red, holding onto their tokens at a loss.

The surge came after a positive shift in the global economy. Following President Donald Trump’s declaration to temporarily pause the ongoing tariff dispute with several countries, markets saw an uptick in various financial assets, including Shiba Inu. This helped SHIB recover from a multi-month low earlier this week when the price dropped as low as $0.00001031.

The declaration by Trump to suspend reciprocal tariffs for 90 days helped ease the rising global tensions, leading to a positive response across global financial markets. As a result, Shiba Inu’s price shot up by almost 20% to $0.00001213, before retracting slightly to $0.00001198 at the time of writing. This represents a significant rebound, but despite the positive momentum, most SHIB holders are still not seeing profits.

The Profit and Loss Breakdown

According to data from IntoTheBlock, only about 10% of all Shiba Inu addresses are currently in profit. That’s roughly 482,970 wallets holding a total of 102.43 trillion SHIB, valued at $1.22 billion. These holders bought SHIB at an average price lower than its current value, placing them in the “profit” category.

On the other hand, a large majority of SHIB holders are facing losses. Around 87% of SHIB wallets, representing 898,230 addresses, are currently at a loss. These holders acquired SHIB at higher prices than the current market value of $0.00001198. Collectively, these addresses hold 857.13 trillion SHIB, indicating that the current price surge has not been enough to reverse the losses for most of them.

Additionally, a smaller group of SHIB holders, around 2.58% or 63,680 addresses, are “at the money.” This means they have neither made nor lost money at the current price of SHIB. These addresses hold 25.42 trillion SHIB, worth around $304 million.

Shiba Inu’s Strong Community

Despite the challenges in price performance, Shiba Inu still boasts one of the most active and passionate communities in the cryptocurrency space. A large portion of SHIB holders remain committed to the token, with 77% of addresses having held SHIB for over a year. Only 21% of wallets have held SHIB for between one and 12 months, while a smaller 2% have been holding for less than a month.

This loyalty reflects the broader sentiment among many SHIB investors who remain hopeful for long-term gains, despite the volatility of the market. The Shiba Inu community has been steadfast, focusing on the future and the potential growth of the project.

Looking Ahead: What’s Next for Shiba Inu?

The Shiba Inu team is not slowing down, despite the challenges faced in the market. The development team has hinted at upcoming upgrades to the SHIB ecosystem. Marketing lead Lucie teased that a new technology will soon be introduced within the ecosystem. Additionally, other significant projects are expected, although these initiatives may take some time before they are rolled out.

As SHIB continues to face volatility, the key to its future lies in its ability to introduce new features and utilities for its growing community. With the market’s unpredictable nature, SHIB’s price could continue to fluctuate, but the project’s focus on long-term development and community involvement could help it overcome the hurdles ahead.

Conclusion

While Shiba Inu’s recent price surge has brought some relief to its holders, most investors remain in the red. With 87% of holders facing losses, the road to profitability is still a long one for many. However, the strong community backing and the development team’s focus on future upgrades may give Shiba Inu a better chance of recovery in the coming months. Whether SHIB can rise above its current challenges will depend largely on the broader market and the project’s ability to continue innovating and delivering value to its users.