Tag Archives: holders

Lian Argues Long-Term Shiba Inu Holders Show True Conviction in Crypto

Lian Argues Long-Term Shiba Inu Holders Show True Conviction in Crypto
  • Anndy Lian criticized the hype surrounding new meme-coin traders, highlighting the long-term commitment of Shiba Inu holders.
  • Lian emphasized that Shiba Inu holders have endured years of market volatility, showcasing true conviction in their investments.
  • Lian questioned the praise given to traders who experienced short-term losses in newly launched meme coins.
  • Shiba Inu experienced massive price fluctuations, with its value dropping nearly 90% from its all-time high.
  • Despite significant losses, many Shiba Inu holders have maintained their investments for over a year.

Blockchain advisor Anndy Lian has criticized the hype around new meme-coin traders, emphasizing the commitment of long-term Shiba Inu holders. Lian recently shared his views on social media, questioning the celebration of short-term speculators who endure brief losses in new tokens. According to Lian, it is the Shiba Inu holders who have weathered years of market volatility that deserve true recognition.

Shiba Inu’s History of Volatility

Shiba Inu has experienced dramatic price fluctuations since its launch in August 2020. The token started at an extremely low price of $0.000000000056. In October 2021, it reached an all-time high of $0.00008845, marking an astronomical surge.

However, Shiba Inu has faced a severe price drop from its peak. The coin has lost nearly 90% of its value, currently priced at $0.000009122. This ongoing volatility has led to many investors holding their positions through both rapid price increases and large drawdowns.

Despite the setbacks, many Shiba Inu holders have remained committed to their investments. Recent reports show that over 1.17 million holders have kept their Shiba Inu tokens for more than a year, enduring these market fluctuations. Lian applauds their persistence, suggesting they have displayed more conviction than short-term traders in newer meme coins.

New Meme Coin Traders and Short-Term Losses

Lian recently reacted to the celebration of a trader who suffered a $30,000 loss within 24 hours while holding a new Solana meme coin. The trader’s perseverance through this brief volatility was praised as a show of “conviction.” Lian, however, expressed skepticism, pointing out that a three-day-old token and a 24-hour loss pale in comparison to Shiba Inu’s years of market swings.

 

Lian argues that long-term Shiba Inu investors have endured much more substantial challenges. He believes their resilience, not the short-term speculative gains of new traders, should be celebrated.

“If holding a Solana meme coin through a $30,000 loss counts as conviction, Shiba Inu holders deserve Nobel prizes for their perseverance,” Lian stated.

This comparison highlights the differences between short-term speculators and long-term investors in the crypto market. While new meme coins like those on Solana can attract quick attention, they do not represent the same level of commitment shown by Shiba Inu’s longstanding supporters.

SHIB Price and Long-Term Commitment

Shiba Inu price continues to fluctuate, with a recent seven-day loss of 1.05% and a 13.94% drop over the past month. Despite the decline, Shiba Inu holders remain steadfast. Even with the challenges, many continue to hold their tokens, embodying the true spirit of long-term conviction.

Shiba Inu’s journey from humble beginnings to its peak and subsequent decline highlights the volatility of the crypto market. Investors who have stuck with the coin through thick and thin are a testament to the enduring power of long-term commitment. According to Lian, their ability to hold through such market turbulence stands as a model of true perseverance.

 

Source: https://parameter.io/lian-argues-long-term-shiba-inu-holders-show-true-conviction-in-crypto/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Expert Says Shiba Inu Holders Deserve Nobel Prizes: Here’s Why

Expert Says Shiba Inu Holders Deserve Nobel Prizes: Here’s Why

Blockchain advisor Anndy Lian has criticized the growing hype around new meme-coin traders, arguing that long-term Shiba Inu holders deserve Nobel prizes.

In a recent tweet, Lian pushed back against a wave of social media praise directed at a trader who held a newly launched Solana meme coin through severe volatility.

He noted that the individual was being celebrated for showing “conviction” after holding a three-day-old token and suffering a $30,000 loss within just 24 hours.

Shiba Inu Holders Endured Extreme Volatility

Lian suggested that the development pales in comparison to the long-term commitment shown by investors in established meme coins, such as Shiba Inu and Dogecoin.

Indeed, Shiba Inu holders have experienced extreme volatility over the years, ranging from massive price surges to significant drawdowns.

Launched at an initial price of $0.000000000056 in August 2020, Shiba Inu climbed to an all-time high of $0.00008845 in October 2021. Ever since, the token has plummeted heavily, dropping 89.68% from its ATH to $0.000009122.

Meanwhile, amid the recent market downturn, Shiba Inu has plunged 5.47% over the past 24 hours to $0.000009122. It has posted a seven-day loss of 1.05%, a 13.94% decline over the past month, and a 56.4% drawdown this year alone.

Long-Term Shiba Inu Holders Deserve Nobel Awards

Although some traders liquidated their SHIB holdings, many others have remained resilient. As reported in May, over 1.17 million Shiba Inu holders had been holding SHIB for over a year, enduring significant volatility within this period.

In Lian’s view, true conviction is demonstrated by long-term investors who have held Shiba Inu through years of volatility, not by short-term speculators riding the overnight swings of newly minted Solana meme coins. He disclosed that he is among the investors who have held Shiba Inu for several years.

According to him, if enduring a $30,000 drawdown in 24 hours on a three-day-old Solana meme coin counts as conviction, then long-term Shiba Inu holders deserve Nobel prizes for enduring years of market swings.

He argues that recognition should go to Shiba Inu investors, who have weathered years of extreme volatility, rather than new traders who have only experienced a fraction of what the SHIB community has faced.

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
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Dogecoin Holders Mark 4/20 ‘Dogeday’ as SEC Reviews ETF Applications

Dogecoin Holders Mark 4/20 ‘Dogeday’ as SEC Reviews ETF Applications

Dogecoin holders marked April 20 as “Dogeday,” a community-driven celebration that started in 2021 and coincides with International Weed Day. The date has become an annual event for the Dogecoin community, which has maintained its presence in the cryptocurrency market despite criticism over its lack of utility and inflationary structure.

Currently valued at $23.3 billion, Dogecoin ranks as the eighth-largest cryptocurrency by market capitalization. It adds roughly 14.4 million new coins into circulation each day, resulting in a daily inflation of over $2.16 million. That amounts to an annual addition of around 5 billion coins. These tokenomics have drawn criticism but also appear to contribute to the coin’s retail appeal by keeping prices relatively low, often under $1.

Anndy Lian, a blockchain expert, says Dogecoin’s popularity is supported by community enthusiasm, low entry barriers, and speculative interest. He explained that the coin’s inflationary supply keeps it accessible for everyday investors and that its meme-driven identity resonates with a younger, internet-focused demographic.

The coin’s appeal remains mostly rooted in online culture, with little underlying blockchain utility. Meme coins like Dogecoin typically rise in popularity due to social media engagement and hype. In November 2024, Dogecoin briefly surpassed Porsche in market capitalization, following a series of public endorsements from Elon Musk, further fueling retail interest.

As Dogeday celebrations took place, attention within the Dogecoin community also turned to the status of four pending exchange-traded fund (ETF) applications related to DOGE. These include proposals from Bitwise, Grayscale, 21Shares, and the Osprey Fund.

Both Bitwise and Grayscale’s Dogecoin ETF applications are under SEC review, with final decisions due by October 2025

Applications from 21Shares and Osprey are still in early stages, awaiting movement on their initial 19b-4 filings. No specific decision dates have been announced for either of those proposals.

While the future of DOGE ETFs remains uncertain, Dogecoin’s market presence continues to be shaped by its online community, speculative appeal, and visibility in broader conversations about crypto investment products. As the SEC’s deadlines approach, the outcome of these ETF applications is being closely watched by both investors and industry observers.

 

 

Source: https://finance.yahoo.com/news/dogecoin-holders-mark-4-20-011215159.html?guccounter=1

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j