Shiba Inu (SHIB): Market Performance and Investor Sentiment

柴犬（SHIB）：市場表現與投資者情緒

Underperforming Performance and Market Challenges

表現不佳和市場挑戰

Shiba Inu (SHIB), a prominent meme cryptocurrency, has encountered significant adversity. Analysis by Santiment indicates a notable downturn in SHIB's market performance. Notably, the token's 30-day average trading returns have declined by 1.1%, and long-term returns have fallen by a more substantial 31.7%.

著名的迷因加密貨幣柴犬（SHIB）遇到了重大逆境。 Santiment的分析顯示SHIB的市場表現顯著下滑。值得注意的是，該代幣的30天平均交易回報率下降了1.1%，長期回報率下降了更大幅度的31.7%。

Retail Trader Exodus and Supply Dynamics

零售貿易商外流與供應動態

A striking trend in the SHIB market is the departure of retail traders. Wallets holding less than 1 billion SHIB tokens represent a diminishing share of the total supply, reaching their lowest level since November 2022. This suggests a significant number of retail traders have sold their holdings amid the asset's underperformance.

SHIB 市場的一個顯著趨勢是零售交易者的離開。持有少於10 億個SHIB 代幣的錢包在總供應量中所佔的比例正在下降，達到2022 年11 月以來的最低水平。者已出售其持有的代幣。

Conversely, larger wallets holding over 1 billion SHIB now dominate the token's supply. This shift reflects heightened fear, uncertainty, and doubt (FUD) within the SHIB ecosystem, indicating that smaller investors are losing confidence.

相反，持有超過 10 億個 SHIB 的較大錢包現在主導了代幣的供應。這種轉變反映了 SHIB 生態系統內恐懼、不確定性和懷疑 (FUD) 的加劇，表明中小投資者正在失去信心。

Social Activity and Sentiment

社交活動和情緒

Throughout 2024, SHIB has also experienced a decline in social media activity and community engagement. Conversations about the token have reached their lowest levels since July, potentially reflecting growing dissatisfaction among traders. The exodus of retail participants has further contributed to this reduction in online discussion.

2024 年全年，SHIB 的社群媒體活動和社區參與度也有所下降。關於該代幣的討論已達到 7 月以來的最低水平，這可能反映出交易者日益增長的不滿。零售參與者的外流進一步導致線上討論的減少。

Optimism and Caution

樂觀與謹慎

Despite these challenges, some analysts remain cautiously optimistic about SHIB's future. While the token has struggled recently, its potential for recovery is not entirely discounted, particularly if the broader cryptocurrency market strengthens. However, sentiment towards other meme coins, such as Dogecoin, has remained more positive, potentially influencing investor interest.

儘管面臨這些挑戰，一些分析師仍對 SHIB 的未來持謹慎樂觀態度。儘管該代幣最近陷入困境，但其復甦的潛力並未完全被低估，特別是如果更廣泛的加密貨幣市場走強的話。然而，對狗狗幣等其他迷因幣的情緒仍然較為積極，可能會影響投資者的興趣。

Comparison with Other Meme Coins

與其他 Meme 幣的比較

In contrast to SHIB, Dogecoin (DOGE) and other meme coins have shown mixed performances. Short-term DOGE traders have experienced some profits, while long-term holders continue to face losses, averaging a 20.8% decline. Retail interest in DOGE has remained relatively stable, with no significant accumulation this year.

與 SHIB 相比，狗狗幣（DOGE）和其他迷因幣的表現好壞參半。短期DOGE交易者獲得了一些利潤，而長期持有者則繼續面臨損失，平均下跌20.8%。散戶對DOGE的興趣保持相對穩定，今年沒有明顯的增持。

Meanwhile, PEPE, another meme coin, has performed relatively well. It has attracted a new wave of traders and increased its market capitalization by 50% over the past five months, outperforming SHIB in terms of investor enthusiasm.

同時，另一種 meme 幣 PEPE 的表現相對較好。它吸引了新一波交易者，過去五個月市值增加了50%，在投資者熱情方面優於SHIB。

Shiba Inu's Future Outlook

柴犬的未來展望

The future trajectory of SHIB remains uncertain. The departure of retail traders and the dominance of large holders indicate a shift in investor sentiment. However, the potential for recovery is a matter of debate among market experts.

SHIB的未來軌跡仍存在不確定性。散戶交易者的離開和大股東的主導地位顯示投資者情緒的轉變。然而，復甦的潛力仍是市場專家爭論的問題。

If Bitcoin stabilizes and the altcoin market improves, SHIB could regain momentum. Its association with meme coin price appreciation and strong community base provide a foundation for future gains. However, it is unlikely to garner the same level of retail trader enthusiasm as in the past.

如果比特幣穩定且山寨幣市場好轉，SHIB 可能會重新獲得動力。它與模因幣價格升值和強大的社區基礎的聯繫為未來的收益奠定了基礎。然而，它不太可能像過去那樣獲得零售交易者的熱情。

The SHIB ecosystem remains in flux, and the coming months will reveal more about its long-term trajectory.

SHIB 生態系統仍在不斷變化，未來幾個月將揭示更多有關其長期軌蹟的資訊。