Shiba Inu Profitability Takes a Hit—But Holders Cling to $0.000011 Like a Life Raft

Shiba Inu's profit party is drying up—addresses in the green are shrinking faster than a meme coin's attention span. Yet somehow, SHIB's price stubbornly clings above $0.000011 like a Wall Street trader clinging to outdated technical analysis.

The Profitability Plunge

Fewer wallets are sitting pretty as SHIB's gains evaporate. No surprise—when a token's entire ecosystem runs on hype and dog memes, sustainability tends to bite.

The $0.000011 Lifeline

Despite the bleed, SHIB's price floor holds firm. Retail bagholders? Institutional whales? Or just pure, unfiltered hopium? Either way, it's the crypto equivalent of taping a 'KICK ME' sign to your own back.

Memo to SHIB army: maybe diversify beyond tokens literally named after dogs next time. Just a thought.

TLDR

• Shiba Inu is currently trading above the $0.000011 level despite facing prolonged price struggles since December 2024.
• Address profitability has declined sharply, with 66.66% of non-zero wallets now holding SHIB at a loss.
• Only 30.06% of Shiba Inu wallets remain in profit, marking a steep drop from July 2024 figures.
• The number of addresses at breakeven has slightly increased to 3.28% of all wallets with balances.
• Total non-zero Shiba Inu addresses have grown by 110,000 over the past year, reaching 1.45 million.

Shiba Inu’s (SHIB) address profitability has shifted significantly over the past year as the token continues trading above the $0.000011 mark. Despite broader market volatility, the asset has retained a Core Price level, signaling mixed investor outcomes. While new addresses have surged, profitability among holders has decreased steadily since last year’s local price peak.

Shiba Inu Faces Price Struggles

Shiba Inu reached a local top of $0.00003343 in December 2024 following market Optimism led by political sentiment. Since then, the asset has faced consistent resistance and is now trading at $0.000011388. Although it remains above the crucial $0.000011 level, continued downward pressure has reduced profitability across addresses.

This consistent drop has led to a shift in the holder base, with many wallets now positioned in loss territory. SHIB has avoided falling below the $0.000010 psychological threshold, showing signs of resilience in a weakening market. However, maintaining this level has not reversed the trend of decreasing address profitability.

IntoTheBlock data confirms the scale of this change, highlighting a drop in the number of addresses currently in profit. The overall trend reflects a significant decline since July 2024, when many holders were still profitable. The current data shows a notable reversal in wallet status amid market uncertainty.

Over 966K Shiba Inu Addresses Now at Loss

As of July 2, 2025, around 966,780 addresses hold shiba inu at a loss, making up 66.66% of non-zero addresses. This figure has grown by over 26,000 in just one week, indicating a persistent trend. Profitability has declined even as the total number of active wallets continues to increase.

Meanwhile, only 435,980 addresses remain in profit, now representing just 30.06% of the total balance-holding wallets. Addresses at breakeven have risen to 47,640, accounting for 3.28% of the network. This shift suggests a broader decline in short-term gains across the holder base.

Last year, 695,250 addresses saw profits at a time when Shiba Inu traded near $0.000017. Back then, over half of the network remained in the green, while now only a third does. This highlights how price compression has eroded profitability despite steady address growth.

Shiba Inu Sees Rising Interest Despite Downturn

SHIB currently has 1.45 million non-zero addresses, marking an increase of 110,000 since July 2024. This rise suggests continued market engagement, despite ongoing losses across much of the holder base. Growth in addresses shows that investors remain active, with optimism visible in recent market sentiment.

Recent commentary from crypto advocates and public figures points to a belief in Shiba Inu’s recovery potential. Technical patterns, such as the falling wedge, suggest a possible breakout if momentum carries the price above $0.000014. Market participants continue monitoring this setup for signs of a price reversal.