In March 2023, Shiba Inu is under intense buying pressure. On Coinbase, 95% of investors retain their positions in "buy," while only 5% make "sell" orders.
Since the beginning of January, SHIB has received the most buy orders at this time.
Before the launch of Shibarium Beta, the development shows that investors are placing an early entry position.
Moreover, the average SHIB hold time increased from 180 days on average in 2022 to 240 days on average in 2023.