• Shiba Inu (SHIB) has fallen to third place in long-term holder rankings, with 75.8% of investors holding onto their tokens.
• Despite this, SHIB still outperforms Bitcoin and Ethereum in investor retention, showcasing strong community support.

Shiba Inu (SHIB) has lost ground to Litecoin (LTC) in a crucial metric, highlighting a shift in market sentiment. According to data from IntoTheBlock, LTC now boasts the highest percentage of long-term holders among major cryptocurrencies, surpassing SHIB in investor retention.

Litecoin (LTC) Leads with 77.7% Long-Term Holders

Often referred to as “digital silver,” Litecoin has demonstrated remarkable staying power in the cryptocurrency market. Launched in 2011, just two years after Bitcoin, LTC continues to attract investors who hold their positions for extended periods. The latest data reveals that 77.7% of Litecoin holders are long-term investors, solidifying LTC’s dominance in this category.

SHIB Holds Strong but Falls to Third Place

Despite its meme coin origins, Shiba Inu has cultivated a dedicated investor base, securing third place in the long-term holder rankings with 75.8%. Notably, SHIB outperforms both Ethereum (74.2%) and Bitcoin (73.3%) in this metric, reflecting the strong conviction among its community.

While SHIB still enjoys immense popularity, it now trails Chainlink (LINK), which claims the second spot with 77.5% long-term holders. However, the Shiba Inu ecosystem remains active, recently celebrating over 1.5 million total holders, underscoring its continued adoption.

Institutional Interest in Litecoin Grows

One factor contributing to Litecoin’s success is its growing appeal to institutional investors. Financial giants like Canary Capital and Grayscale have sought regulatory approval for spot Litecoin ETFs, signaling strong confidence in LTC’s long-term value. However, the U.S. Securities and Exchange Commission (SEC) has delayed its decision on these ETFs, along with those for XRP, DOGE, SOL, and ADA, pushing expectations to October.

TON Struggles with Investor Retention

In contrast to Litecoin and SHIB, Telegram’s TON cryptocurrency lags significantly in investor retention. Data shows that only 3.9% of TON holders qualify as long-term investors, suggesting a lack of sustained confidence in its future.

What This Means for SHIB and LTC

The percentage of long-term holders is a crucial indicator of investor confidence and market stability. While SHIB remains a dominant force in the meme coin space, Litecoin’s ability to attract both retail and institutional investors reinforces its reputation as a reliable store of value. As the market evolves, SHIB will need to bolster its ecosystem and utility to regain its standing in long-term investor commitment.