Long-Term Holders Favor XRP and Shiba Inu: 10 Year Chart Shows

A recent report from Santiment has revealed that long-term holders are showing a preference for XRP and Shiba Inu, based on a 10-year analysis of altcoins and their non-empty wallets. XRP currently boasts a substantial user base of 5.24 million wallets, placing it in a mid-range position among the compared assets. Despite facing regulatory challenges, XRP has shown steady growth in the number of holders over the years, reflecting investor trust and market confidence. In January of this year, the number of XRP wallets holding a balance greater than 0 XRP increased by over 20%, reaching 4.95 million. Shiba Inu, on the other hand, has 1.39 million non-empty wallets, indicating a smaller and younger community compared to altcoins like Litecoin and Dogecoin. Nonetheless, SHIB has managed to garner a loyal following, placing it above Chainlink in terms of community development. The report also highlights that Litecoin leads the list with 8.08 million non-empty wallets, followed by Dogecoin with 6.69 million. Chainlink has the lowest number of non-empty wallets at 722,000. Examining the active addresses of SHIB and XRP further reveals that XRP exhibits a more consistent level of engagement, while a significant portion of SHIB wallets may not be consistently active.