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Following the profit-taking, the trader’s wallet “0xe338” is worth over $1.1 million due to converting the Shiba Inu holdings into Ether (ETH), CoinStats data shows. The median hold time for Shiba Inu (SHIB) on the popular crypto exchange Coinbase has reached 250 days. The median hold time is the number Shiba Inu holders are showcasing their “diamond hands” as they maintain strong positions despite a trading lull. Meanwhile, bullish traders have mounted nearly $47 Shiba Inu is one of the cryptocurrencies in the market that is still receiving massive support despite the crypto winter. The meme coin is still extremely popular among investors and its Diamond Hands Dominate Shiba Inu In a poll posted by media outlet Cointelegraph on Twitter, the Shiba Inu community showed their commitment to the digital asset. The poll which asked Users on the Hong Kong-based exchange traded a staggering $752,013 ($752.01K) worth of SHIB in a single day, according to data from CoinMarketCap. It is Holders of meme coins such as Shiba Inu (SHIB) are not generally known for their diamond hands, a term that is used for investors with particularly high risk tolerance Shiba Inu (SHIB) is securing the spotlight as the most popular meme coin amongst crypto proponents, as evidenced by an increasing rate of whale accumulation and a recent survey

Are Coinbase Shiba Inu holders displaying true "diamond hands" despite the ongoing downtrend? The data suggests a compelling story of resilience within the SHIB community. Despite the crypto winter and trading lulls, Shiba Inu (SHIB) is still one of the cryptocurrencies receiving massive support, particularly on platforms like Coinbase. Diamond Hands Dominate Shiba Inu: Holders of meme coins such as Shiba Inu (SHIB) are not generally known for their diamond hands, a term that is used for investors with particularly high risk tolerance. Yet, the median hold time for Shiba Inu (SHIB) on the popular crypto exchange Coinbase has reached 250 days. This significant hold time indicates that a number Shiba Inu holders are showcasing their “diamond hands” as they maintain strong positions despite a trading lull.

The unwavering commitment to SHIB is further highlighted by community sentiment and trading activity. A poll posted by media outlet Cointelegraph on Twitter revealed the Shiba Inu community\'s continued dedication to the digital asset. Furthermore, Users on the Hong Kong-based exchange traded a staggering $752,013 ($752.01K) worth of SHIB in a single day, according to data from CoinMarketCap. This robust trading volume, even amidst market uncertainty, underscores the meme coin\'s enduring popularity among investors.

While some have chosen to diversify, as evidenced by one trader whose wallet “0xe338” is worth over $1.1 million due to converting the Shiba Inu holdings into Ether (ETH) following profit-taking, according to CoinStats data, the overall trend points to strong holding behavior. Meanwhile, bullish traders have mounted nearly $47. Shiba Inu (SHIB) is securing the spotlight as the most popular meme coin amongst crypto proponents, as evidenced by an increasing rate of whale accumulation and a recent survey. The median hold time is a clear indicator that many Coinbase users are choosing to weather the storm, solidifying SHIB\'s position as a meme coin with surprising staying power. Is this the future of meme coin investment? Only time will tell, but for now, the diamond hands of Coinbase\'s Shiba Inu holders are making a statement.

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