Published 3 days ago • loading... • Updated 17 hours ago

Shiba Inu Drops 4%: What Is Going On?

Shiba Inu price showed a nearly 4x volume spike to 2.83 trillion on May 23, 2025, consolidating above $0.000015.
This comes after several years of sideways trading, during which major holders have gathered 530 trillion tokens and the SHIB burn rate has increased dramatically by 11,000%, significantly reducing the available supply.
SHIB has formed a classic inverted head and shoulders pattern and is currently testing a key support level near $0.000014849, which could indicate potential upward momentum if this support holds steady.
Key resistance near $0.0000151 was tested multiple times, and analysts note strong volume supports accumulation and potential breakout continuation.
These dynamics suggest SHIB could sustain a bullish phase if it maintains support zones, burning pace continues, and Bitcoin stabilizes.

Insights by Ground AI

Does this summary seem wrong?

14 Articles

All

Left

Center

Right

Benzinga

Reposted by

BizToc

Center

Shiba Inu Drops 4%: What Is Going On?

Despite forming a golden cross, Shiba Inu (CRYPTO: SHIB) is down 4% over the past 24 hours.

21 hours ago·New York, United States

Read Full Article

Coin Desk

Center

Shiba Inu (SHIB) Price Analysis: 4x Volume Spike and Strong Support at $0.000015

SHIB rebounds from sharp drop with a 4x surge in trading volume, holding firm above $0.000015. Analysts see signs of strong accumulation despite volatility.

2 days ago·Manila, Philippines

Read Full Article

The Crypto Basic

Here is the Number of Shiba Inu Addresses Holding Trillions Of SHIB for More Than a Year

Despite Shiba Inu’s recent price fluctuations, most investors have remained resilient, holding the token for more than a year.

2 days ago

Read Full Article

u.today

SHIB Price Prediction for May 22

Can rate of SHIB keep rising together with other coins?

2 days ago

Read Full Article

crypto.news

Shiba Inu price stumbles as whales dump 18b coins

Shiba Inu price has remained in a tight range over the past few weeks as it continues to underperform other cryptocurrencies. Shiba Inu (SHIB) was trading at $0.000015 on Thursday, up by 46% from the year-to-date low. In contrast, Pepe…

2 days ago

Read Full Article

coinstats.app

CoinStats - Searching For The Best Meme Coin To Buy Now F...

As Bitcoin maintains its position above the $100,000 mark, investors are exploring opportunities in the meme coin sector for substantial returns. Shiba Inu (SHIB) and Pepe have previously delivered impressive gains, but their current valuations suggest limited potential for similar explosive growth. Crypto’s Next Big Meme Coin? Influencer Pepe (INPEPE) Joins the Ranks of Pepe

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year