Age-old SHIB holders are no longer underwater
421,850 SHIB addresses are now in profit—a notable hike from the long drawdown period. SHIB may be undervalued, considering the NVT signal and MVRV ratio. Shiba Inu’s [SHIB] surge ensured that a sizable number of the meme’s holders find themselves in a new position —no longer underwater. The term “underwater” refers to a situation where …