Despite the recent crypto market slump, the number of Shiba Inu investors in profit has increased over the past year. Shiba Inu experienced an 11.75% price collapse on Monday, pushing it below support levels. However, on-chain data shows that more Shiba Inu investors are seeing profits on their holdings compared to last year. Currently, 38.65% of wallets holding SHIB are in profit, up from 35.15% in February 2024. The number of wallets in profit has increased by 83,750 over the past year, while the percentage of wallets in loss has decreased. Market veteran Raoul Pal advises patience during market downturns. Binance co-founder CZ points out that despite improved price performance, headlines can create the perception of a crash. Shiba Inu has recovered from the drop and is currently trading at $0.00001423.



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