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Despite the recent price surge, SHIB is still down 66% from the peak that was achieved on Oct. 28, 2021. According to data provided by IntoTheBlock, 70% of SHIB holders are making money at current prices. The vast majority of the holders have owned the cryptocurrency for more than a year. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.