Shiba Inu (SHIB) has dropped over 15% in the past week, aligning with the broader crypto market downturn. The meme coin briefly surged past $0.000015 in late March, but increased volatility pushed it down to $0.000012 at the time of writing. The decline followed U.S. President Donald Trump’s announcement of new tariffs on 50 countries, including the BRICS nations and the European Union, which sent shockwaves through global financial markets.

Long-Term Shiba Inu Holders Remain Resilient

Despite SHIB’s recent losses, long-term holders continue to display strong conviction in the asset. According to IntoTheBlock data, investors who have held SHIB for over a year now control more than 80% of the total supply. This suggests that a significant portion of SHIB’s investor base is confident in its future potential, undeterred by short-term price swings.

The high concentration of long-term holders often helps stabilize prices, as these investors are less likely to sell during periods of market turbulence. Additionally, this trend signals a shift in sentiment, with more market participants treating SHIB as a long-term asset rather than a purely speculative investment.

Shibarium’s Growth Signals Future Potential

Adding to the optimism, SHIB’s Layer 2 blockchain solution, Shibarium, has surpassed one billion total transactions—a key milestone for the ecosystem. Prominent Shiba Inu team members, including marketing strategist LUCIE, have praised the community’s efforts in driving this growth.

Shibarium aims to improve transaction efficiency, expand SHIB’s utility, and introduce a token-burning mechanism designed to reduce supply over time. As adoption grows, analysts believe it could act as a catalyst for a significant SHIB price rally in the coming months.

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