Bitcoin, Dogecoin, and Shiba Inu: The Top Coins for Long-Term Holding

Bitcoin, Dogecoin, and Shiba Inu have the longest HODL periods, according to IntoTheBlock

Highlights:

• Bitcoin has an average HODL period of four years and four months.
• Dogecoin, Shiba Inu, and Ethereum have an average HODL time of two years and four months.
• Chainlink, Toncoin, Tron, Cardano, Tether, and Avalanche round out the top ten.

According to the market intelligence platform IntoTheBlock, Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) have emerged as the cryptocurrencies with the longest holding periods. This trend indicates that investors have the most faith in these assets.

Top cryptocurrencies for HODL periods

IntoTheBlock revealed in a recent X post that Bitcoin, Ethereum, Dogecoin, and Shiba Inu top the list for the longest holding periods among crypto investors. The data shows that Bitcoin ranks first, with an average HODL time of four years and four months.

Ethereum takes second place with an average HODL time of two years and four months. Notably, both Dogecoin and Shiba Inu share this average holding time, reflecting their popularity among investors.

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The top ten list is completed by Chainlink (LINK), Toncoin (TON), Tron (TRX), Cardano (ADA), Tether (USDT), and Avalanche (AVAX). Chainlink and Toncoin holders have maintained their assets for an average of one year and nine months, while Ton and Cardano holders average one year and two months. Tether and Avalanche holders have HODL times of eight and seven months, respectively.

Performance of long-term holders

Data from IntoTheBlock shows that holding Bitcoin has been profitable for long-term investors. Currently, 95.19% of BTC holders are in profit, while 4.81% are breaking even.

Those who held Bitcoin for an average of four years and four months are likely among those in profit, especially with the current price hovering around the peak of the 2021 bull run.

For Dogecoin, 78.92% of DOGE addresses (approximately 4.999 million) are currently profitable. In contrast, 18.38% are at a loss, and 2.70% are breaking even. Investors in profit likely acquired Dogecoin when its price was $0.11 or lower.

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Shiba Inu holders, often referred to as having ‘diamond hands,’ have maintained an average HODL time of two years and four months since its launch in 2021. This suggests that many early investors still hold their tokens.

However, despite their commitment, only 52.41% of SHIB addresses (588,810) are currently in profit, with 43.41% at a loss and 4.18% breaking even.