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Shiba Inu coin Price
Shiba Inu price

Shiba Inu coin priceSHIB

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$0.{5}8938USD
+4.82%1D
The price of Shiba Inu coin (SHIB) in United States Dollar is $0.{5}8938 USD.
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Price chart
Shiba Inu coin price USD live chart (SHIB/USD)
Last updated as of 2026-01-14 04:04:58(UTC+0)

Live Shiba Inu coin price today in USD

The live Shiba Inu coin price today is $0.$160.21M8938 USD, with a current market cap of $5.27B. The Shiba Inu coin price is up by 4.82% in the last 24 hours, and the 24-hour trading volume is {5}. The SHIB/USD (Shiba Inu coin to USD) conversion rate is updated in real time.
How much is 1 Shiba Inu coin worth in United States Dollar?
As of now, the Shiba Inu coin (SHIB) price in United States Dollar is valued at $0.{​5}8938 USD. You can buy 1SHIB for $0.{​5}8938 now, you can buy 1,118,794.49 SHIB for $10 now. In the last 24 hours, the highest SHIB to USD price is $0.{​5}9073 USD, and the lowest SHIB to USD price is $0.{​5}8514 USD.

Do you think the price of Shiba Inu coin will rise or fall today?

Total votes:
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0
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0
Voting data updates every 24 hours. It reflects community predictions on Shiba Inu coin's price trend and should not be considered investment advice.

Shiba Inu market Info

Price performance (24h)
24h
24h low $024h high $0
All-time high (ATH):
$0.{4}8845
Price change (24h):
+4.82%
Price change (7D):
-0.27%
Price change (1Y):
-58.00%
Market ranking:
#24
Market cap:
$5,266,776,213.43
Fully diluted market cap:
$5,266,776,213.43
Volume (24h):
$160,212,538.99
Circulating supply:
589.24T SHIB
Max supply:
--

About Shiba Inu coin (SHIB)

What Is Shiba Inu?

Shiba Inu (SHIB) is a meme coin. Launched in August 2020, Shiba Inu was introduced to the crypto world by an anonymous person or group known as "Ryoshi”. Named after a breed of Japanese dog that has become a popular online meme, Shiba Inu is one of many tokens that have been described as a "meme coin," similar to Dogecoin. Despite its meme-inspired origins, Shiba Inu has rapidly gained traction and is recognized for its value, growth, and engaging community.

While the details surrounding the origins remain mysterious, the vision of Shiba Inu was clear from the outset – to create a fully decentralized and vibrant ecosystem within the Ethereum blockchain, which fosters a sense of community and offers more than just a digital asset.

Inspired by Dogecoin but looking to surpass it in terms of utility, Shiba Inu came into existence with the intention of being more than a fun meme cryptocurrency. It has been designed with an ecosystem that includes ShibaSwap, its own decentralized exchange.

Resources

Whitepaper: https://github.com/shytoshikusama/woofwoofpaper/raw/main/SHIBA_INU_WOOF_WOOF.pdf

Official website: https://www.shibatoken.com/

How Does Shiba Inu Work?

Shiba Inu was designed to be a self-regulating community. The token's creator, known only as "Ryoshi," began with a supply of one quadrillion SHIB. 50% of the total supply was locked into Uniswap, a decentralized finance protocol used for exchanging cryptocurrencies. The remaining 50% was sent to Ethereum co-founder Vitalik Buterin as a burn gesture.

Shiba Inu is an ERC-20 token, which means it abides by the set of protocols established for tokens on the Ethereum blockchain. This gives it the advantage of being interoperable with a vast range of services that also use the Ethereum network.

Shiba Inu can be obtained by mining, buying on crypto exchanges like Bitget and Coinbase, or through decentralized trading platforms like Uniswap. It is also possible to earn SHIB by providing liquidity on DeFi platforms.

ShibaSwap, the native decentralized exchange of Shiba Inu, offers additional ways to interact with the token. It allows holders to stake their SHIB tokens and earn rewards, as well as swap tokens and participate in yield farming.

Rise to Popularity

Shiba Inu gained a quick rise to fame in May 2021 when Ethereum co-founder, Vitalik Buterin, received half of SHIB's total supply from the developers as a part of a burn mechanism. He donated a significant portion of it to a Covid-19 relief fund for India, garnering massive media attention for Shiba Inu.

While its meme origins and association with Dogecoin have certainly contributed to its rise, Shiba Inu also owes much of its success to the wider cryptocurrency bull run, which has seen a resurgence of interest in altcoins. The robust community behind it, the so-called "Shiba Army," also plays a critical role in popularizing and developing the Shiba Inu project.

In early March 2023, Shiba Inu Layer-2 network, Shibarium is in public beta testing phase.

What Determines Shiba Inu's Price?

Understanding the factors that influence the Shiba Inu coin price is crucial for both seasoned investors and newcomers in the cryptocurrency market. Often touted as the "Dogecoin killer," Shiba Inu is an Ethereum-based ERC-20 token that has garnered significant attention, partly due to its vibrant community known as the SHIBArmy. One of the most compelling aspects of Shiba Inu's value is its community-driven approach.

Unlike traditional assets, the Shiba Inu cryptocurrency price is largely influenced by its strong and active community, social media trends, and high-profile endorsements—such as tweets from Elon Musk. This community backing acts as a double-edged sword; while it can pump the current price of Shiba Inu to staggering highs today, it also makes the asset susceptible to dramatic falls. As a result, making a Shiba Inu price prediction becomes a challenging task.

The Shiba Inu market cap has seen astronomical gains, peaking at a staggering market capitalization of $41 billion in October 2021. However, it's essential to note that Shiba Inu's price history is marked by extreme volatility, a common trait among meme coins. The Shiba Inu price chart often reflects frenetic trading activity rather than intrinsic utility, making it a high-risk, high-reward Shiba Inu investment.

Another key factor affecting the Shiba Inu coin price is its total supply and the token burning mechanism. Initially, Shiba Inu had a total supply of 1 quadrillion tokens. A significant portion of these tokens were burned, permanently removed from circulation, potentially driving up the Shiba Inu coin value.

Shiba Inu's ecosystem also includes other tokens like Leash and Bone, as well as platforms like ShibaSwap, a decentralized exchange that adds utility to the Shiba Inu cryptocurrency. The exchange allows users to trade, stake, and participate in yield farming, offering multiple avenues for potential returns. With Shiba Inu price live updates available on various exchanges and its integration into different blockchain projects, the current Shiba Inu price in USD, INR, GBP, or EUR is readily accessible, making it easier for global investors to jump in.

However, the question "Is Shiba Inu a good investment?" doesn't have a straightforward answer due to its speculative nature. Investment in Shiba Inu should be considered carefully, keeping in mind the asset's volatility and ever-changing market trends.

The Shiba Inu price is determined by a complex interplay of factors including community support, celebrity endorsements, tokenomics, and its ecosystem's utility. While the Shiba Inu price forecast remains highly unpredictable, understanding these factors can offer valuable insights for both short-term traders and those considering long-term Shiba Inu investment strategies.

Conclusion

Shiba Inu has quickly risen to prominence in the crowded world of cryptocurrencies. Its origin as a meme coin might have fueled its initial popularity, but its underlying technology and the development of a robust ecosystem that includes its own decentralized exchange, ShibaSwap, have given it substance beyond the meme.

It's important to note that like any other cryptocurrencies, Shiba Inu carries its own risks and it's always wise to do your own research and exercise caution while investing.

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AI analysis report on Shiba Inu coin

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Shiba Inu coin Price history (USD)

The price of Shiba Inu coin is -58.00% over the last year. The highest price of SHIB in USD in the last year was $0.{4}2489 and the lowest price of SHIB in USD in the last year was $0.{5}6833.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+4.82%$0.{5}8514$0.{5}9073
7d-0.27%$0.{5}8294$0.{5}9225
30d+9.15%$0.{5}6833$0.{4}1000
90d-13.78%$0.{5}6833$0.{4}1069
1y-58.00%$0.{5}6833$0.{4}2489
All-time+553946.10%$0.{10}8165(2020-08-27, 5 years ago)$0.{4}8845(2021-10-28, 4 years ago)
Shiba Inu coin price historical data (all time)

What is the highest price of Shiba Inu coin?

The SHIB all-time high (ATH) in USD was $0.Shiba Inu coin8845, recorded on 2021-10-28. Compared to the Shiba Inu coin ATH, the current {4} price is down by 89.89%.

What is the lowest price of Shiba Inu coin?

The SHIB all-time low (ATL) in USD was $0.{10}8165, recorded on 2020-08-27. Compared to the Shiba Inu coin ATL, the current Shiba Inu coin price is up 10947387.24%.

Shiba Inu coin price prediction

When is a good time to buy SHIB? Should I buy or sell SHIB now?

When deciding whether to buy or sell SHIB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SHIB technical analysis can provide you with a reference for trading.
According to the SHIB 4h technical analysis, the trading signal is Strong buy.
According to the SHIB 1d technical analysis, the trading signal is Buy.
According to the SHIB 1w technical analysis, the trading signal is Sell.

How are institutions and celebrities predicting Bitcoin prices in 2026?

The table below shows the price predictions for Bitcoin by relevant institutions and prominent figures at the end of 2025. All information was collected from publicly available online sources.

Optimistic views are primarily based on the Federal Reserve's interest rate cuts, increased institutional allocation, and structural buying driven by spot ETFs, with targets mostly concentrated between $150,000 and $250,000. Cautious and bearish views emphasize that slowing demand, macroeconomic tightening, or technical structural disruption could trigger a deep pullback, with scenarios potentially leading to declines to $70,000, $56,000, $25,000, or even $10,000.

Some of these institutions' and celebrities' past predictions were very close to Bitcoin's price performance, while others were quite far off. Therefore, please consider these predictions objectively in conjunction with more information.

In summary, Bitcoin's price performance in 2026 will primarily be driven by the implementation of the US National Bitcoin Strategic Reserve policy and the macro liquidity resulting from global monetary easing. Meanwhile, the market's cyclical recovery demand following the significant correction in 2025, the continued allocation of institutional funds, and global geopolitical and inflationary pressures will also be key variables influencing its price trend.

Institution / IndividualDescriptionBitcoin target price in 2026Outlook
Charles HoskinsonCardano founder$250,000Very optimistic
Robert KiyosakiRich Dad, Poor Dad author$250,000Very optimistic
Galaxy DigitalCrypto asset management company$250,000Very optimistic
Arthur HayesBitMEX co-founder$200,000+Very optimistic
Brad GarlinghouseRipple CEO$180,000Very optimistic
VanEckInvestment companies specializing in ETFs$180,000Very optimistic
JPMorganA leading global financial services group$170,000Very optimistic
Tom LeeFundstrat founder$150,000–$200,000Very optimistic
Standard Chartered BankBritish International Commercial Bank$150,000Optimistic
Bernstein ResearchWall Street investment banks$150,000Optimistic
BitwiseCrypto asset management company$150,000Optimistic
CitigroupGlobal financial services group$143,000Optimistic
GrayscaleThe world's largest crypto asset management companyBreaking all-time highOptimistic
Jurrien TimmerFidelity Director of Global Macro$75,000Pessimistic
CryptoQuantOn-chain data analytics platform$56,000~$70,000Pessimistic
Peter BrandtLegendary trader with over 40 years of experience$25,000Very Pessimistic
Mike McGloneSenior Commodity Strategist at Bloomberg Intelligence$10,000Very Pessimistic

What will the price of SHIB be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Shiba Inu coin(SHIB) is expected to reach $0.{5}9686; based on the predicted price for this year, the cumulative return on investment of investing and holding Shiba Inu coin until the end of 2027 will reach +5%. For more details, check out the Shiba Inu coin price predictions for 2026, 2027, 2030-2050.

What will the price of SHIB be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Shiba Inu coin(SHIB) is expected to reach $0.{4}1121; based on the predicted price for this year, the cumulative return on investment of investing and holding Shiba Inu coin until the end of 2030 will reach 21.55%. For more details, check out the Shiba Inu coin price predictions for 2026, 2027, 2030-2050.

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FAQ

What is Shiba Inu (SHIB)?

Shiba Inu coin (SHIB) is a decentralized meme token that grew in popularity as part of the wave of dog-themed cryptocurrencies. It was introduced as an Ethereum-based ERC-20 token and brands itself as the "Dogecoin Killer."

Who created Shiba Inu (SHIB)?

Shiba Inu was created by an anonymous individual or group known as "Ryoshi." The creator's identity remains a mystery, similar to Bitcoin's Satoshi Nakamoto.

What is the total supply of SHIB tokens?

The initial total supply of SHIB was 1 quadrillion. However, a significant portion (50%) was sent to the Ethereum co-founder Vitalik Buterin, who later burned (permanently removed from circulation) a large percentage of what was sent to him and donated the rest to charity.

Why is the price of Shiba Inu so low compared to other cryptocurrencies?

SHIB started with a very large supply of 1 quadrillion tokens, which means that even with a large market cap, the price per token can be extremely low. Additionally, its initial design was as a "meme" coin, with prices often starting at very low values.

What factors can positively or negatively affect the value of SHIB in the future?

Factors that can positively impact SHIB's value include increased adoption, favorable regulatory news, partnerships, development in its ecosystem (like the ShibaSwap platform), and positive sentiment in the broader crypto market. Conversely, regulatory crackdowns, negative publicity, broader market downturns, or issues with its platforms can adversely affect its value.

Will Shiba Inu (SHIB) reach US$1?

Shiba Inu, a popular meme coin, has garnered significant attention and a dedicated community since its inception. However, its potential to reach US$1 is viewed with skepticism by many experts. The primary reason is its massive circulating coin supply, currently at 589 trillion as of August 2023. To achieve US$1, Shiba Inu would need a market cap of US$589 trillion, an astronomically high figure compared to the entire crypto market's cap, which is just over US$1 trillion. Additionally, while Shiba Inu is working on various projects to enhance its utility and move beyond its meme coin status, such as the Shibarium blockchain and gaming initiatives, the consensus is that these developments, even combined with potential coin burns, are unlikely to propel its price to the US$1 mark in the foreseeable future. Moreover, the crypto market's competitive landscape, especially the crowded meme coin sector, poses challenges for Shiba Inu's growth. When it launched in 2020, its main competitor was Dogecoin, but now numerous dog-themed meme coins vie for market share. Various macroeconomic factors, like crude oil prices and inflation, can also influence Shiba Inu's performance. In conclusion, while Shiba Inu has potential and a series of projects in the pipeline, reaching a US$1 valuation in the near term is deemed improbable by most analyzed sources. As always, potential investors should conduct thorough research and seek expert advice before making decisions.

What factors influence the price of Shiba Inu?

The price of Shiba Inu is influenced by various factors including market demand and supply dynamics, investor sentiment, broader cryptocurrency market trends, news related to Shiba Inu and its development team, regulatory news, and mentions by influential personalities or celebrities.

How can I buy Shiba Inu on Bitget Exchange?

To buy Shiba Inu on Bitget Exchange, you need to first create an account on Bitget, complete the KYC verification process, deposit funds into your account, then navigate to the trading section and search for the SHIB trading pair to complete your purchase.

What is the future price prediction for Shiba Inu?

Future price predictions for Shiba Inu can vary widely among analysts. It's important to consider factors like market trends, utility, tokenomics, and upcoming developments. Do note that cryptocurrency markets are highly volatile, and price predictions are speculative.

Is Shiba Inu a good investment?

Whether Shiba Inu is a good investment depends on your risk tolerance and investment strategy. While some investors see potential in its community and developments, others view it as a high-risk asset due to its speculative nature.

What are the recent developments in the Shiba Inu ecosystem?

Recent developments in the Shiba Inu ecosystem could include updates on projects like ShibaSwap, partnerships, and new use cases. It's advisable to follow Shiba Inu's official channels for the latest announcements and updates.

How does burning affect the price of Shiba Inu?

Burning reduces the total supply of Shiba Inu tokens, which could potentially increase price if demand remains constant or increases, as it creates a scarcity effect. However, the actual impact depends on market conditions and investor perception.

What are the benefits of holding Shiba Inu?

Benefits of holding Shiba Inu might include potential price appreciation, passive income opportunities through staking on decentralized platforms like ShibaSwap, and being part of a large, active community.

How does Shiba Inu differ from Dogecoin?

Shiba Inu and Dogecoin are both meme coins, but they differ in technical aspects, use cases, and community initiatives. Shiba Inu has built a decentralized ecosystem with platforms like ShibaSwap, while Dogecoin is primarily used for tipping and transactions.

Can Shiba Inu reach $0.01?

For Shiba Inu to reach $0.01, it would need a substantial increase in market capitalization or a significant reduction in token supply via burning or similar mechanisms. Such events would require major shifts in demand and utility.

Where can I find the latest price updates for Shiba Inu?

You can find the latest price updates for Shiba Inu on cryptocurrency news platforms, market analytics websites, and directly on exchanges like Bitget Exchange, where real-time data is available.

What is the current price of Shiba Inu coin?

The live price of Shiba Inu coin is $0 per (SHIB/USD) with a current market cap of $5,266,776,213.43 USD. Shiba Inu coin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Shiba Inu coin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Shiba Inu coin?

Over the last 24 hours, the trading volume of Shiba Inu coin is $160.21M.

What is the all-time high of Shiba Inu coin?

The all-time high of Shiba Inu coin is $0.{4}8845. This all-time high is highest price for Shiba Inu coin since it was launched.

Can I buy Shiba Inu coin on Bitget?

Yes, Shiba Inu coin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Shiba Inu coin guide.

Can I get a steady income from investing in Shiba Inu coin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Shiba Inu coin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Shiba Inu coin (SHIB)?

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SHIB/USD price calculator

SHIB
USD
1 SHIB = 0.{5}8938 USD. The current price of converting 1 Shiba Inu coin (SHIB) to USD is 0.{5}8938. This rate is for reference only.
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CRYPTOHEIGHTS
CRYPTOHEIGHTS
2h
What Is Shiba Inu (SHIB)? A Beginner-Friendly Overview
Shiba Inu, often referred to by its ticker SHIB, is one of the most talked-about meme cryptocurrencies to emerge from the last market cycle. While it began as a playful experiment inspired by internet culture, SHIB has since evolved into a multi-layered ecosystem that continues to attract attention from traders, builders, and crypto-curious newcomers alike. The Origins of Shiba Inu Shiba Inu was launched in August 2020 by an anonymous creator known as Ryoshi. Much like Bitcoin’s creator, Ryoshi chose to remain unknown, reinforcing the project’s decentralized and community-first philosophy. The token takes its name and imagery from the Japanese Shiba Inu dog, a breed already popular in crypto culture thanks to Dogecoin. Unlike Dogecoin, which operates on its own blockchain, SHIB was built as an ERC-20 token on Ethereum. This design choice allowed it to plug directly into the broader decentralized finance ecosystem from day one, giving developers flexibility and users access to familiar Ethereum-based tools. Token Supply and the Vitalik Buterin Moment One of the most distinctive aspects of SHIB is its original supply structure. At launch, the total supply was set at one quadrillion tokens. Half of that supply was locked into Uniswap to establish decentralized liquidity, while the remaining half was sent to the wallet of Ethereum co-founder Vitalik Buterin. What followed became one of the most well-known moments in meme coin history. Vitalik chose to burn around 90% of the SHIB he received, permanently removing it from circulation, and donated the rest to charitable causes, including COVID-19 relief efforts. This action significantly reduced the circulating supply and reinforced SHIB’s narrative as an experiment in decentralization rather than a traditional pre-mined token. Inside the Shiba Inu Ecosystem Over time, Shiba Inu expanded beyond a single meme token into a broader ecosystem. At its core is ShibaSwap, a decentralized exchange where users can trade tokens, provide liquidity, and stake assets through smart contracts. The platform introduced playful terminology such as “bury” for staking and “dig” for liquidity provision, staying true to its canine branding. Alongside SHIB, two additional tokens play key roles in the ecosystem. LEASH, initially designed as a rebase token linked to Dogecoin’s price, later transitioned into a fixed-supply ERC-20 asset with staking incentives. BONE, on the other hand, serves as the governance token, giving the community — often called the ShibArmy — a voice in future decisions through a decentralized autonomous organization known as Doggy DAO. NFTs, Shiboshis, and Gaming Ambitions Shiba Inu also made an early move into non-fungible tokens. The project introduced the Shiba Artist Incubator to encourage artists to bring dog-inspired creativity into the NFT space. This initiative culminated in the launch of 10,000 Shiboshi NFTs on Ethereum, which sold out rapidly after release. The Shiboshi collection plays a role beyond simple collectibles. Renaming a Shiboshi requires a fee paid in SHIB, and those tokens are burned, adding a deflationary mechanic to the ecosystem. The team has also outlined plans for a dedicated Shiboshi game, further linking NFTs, utility, and token economics. Understanding Meme Coins in Context Shiba Inu belongs to a broader category known as meme coins. These cryptocurrencies are often inspired by internet jokes, pop culture, or viral trends rather than purely technical innovation. While coins like bitcoin and ether focus on infrastructure and long-term utility, meme coins typically rely on community enthusiasm, social media momentum, and cultural relevance. That said, meme coins can be extremely volatile. Their prices are often influenced more by sentiment than fundamentals, and many never achieve lasting adoption. SHIB stands out mainly because it attempted to build additional layers of utility through DeFi, NFTs, and governance rather than remaining a purely speculative token. Why SHIB Captured So Much Attention SHIB’s rise coincided with a broader surge in retail interest during the 2020–2021 period, when investors were exploring alternatives to traditional markets. Social media played a major role, as did comparisons with Dogecoin following public commentary from high-profile figures like Elon Musk. Another factor was timing. As NFTs gained mainstream traction, SHIB’s Shiboshi launch tapped directly into that hype, drawing in users who were interested in more than just price speculation. Combined with aggressive community marketing, this helped SHIB achieve extraordinary visibility in a short period of time. Final Thoughts Shiba Inu’s journey shows how a meme-based project can evolve into something more complex when driven by an active community and a willingness to experiment. While its ecosystem now includes decentralized trading, governance, NFTs, and gaming ambitions, SHIB remains a high-risk asset whose value is closely tied to market sentiment. For anyone exploring SHIB, caution is essential. Meme coins can move quickly in both directions, and long-term outcomes are far from guaranteed. As always in crypto, doing your own research and understanding the risks is just as important as riding the hype.
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vlad_anderson
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$SHIB  reality check 🐕📉 After early January optimism, Shiba Inu just went through a sharp reset. Price dropped to ~$0.00000842, wiping out most recent gains and putting pressure on late buyers. On-chain data tells the real story 👇 At the start of 2025, ~140T SHIB were in profit. One week later — only ~57T. That’s a 62% collapse in profitable supply, showing how fast sentiment flipped. What worries me more is exchange behavior. 📊 Tokens are flowing into exchanges — classic distribution. When coins move closer to sell buttons, downside risk usually isn’t over yet. Key level to watch: $0.00000836 (50-day EMA). Hold it → potential bounce toward $0.00000898. Lose it → next stop ~$0.00000786. For now, momentum stays weak. This isn’t panic — it’s a reminder that meme coins move fast in both directions. Risk management > hype.
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TopCryptoNews
TopCryptoNews
12h
🔥 Shiba Inu Profits Crash By 62% Following $SHIB Price Crash This Week Shiba Inu price has weakened sharply over the past week, erasing a large portion of recent gains and pressuring investor confidence. SHIB fell after a brief rally earlier this month, shifting sentiment from accumulation to selling. As losses mounted, many holders moved to lock in remaining value, accelerating the downturn. 🔸 Shiba Inu Profits Fall On-chain data shows how quickly conditions deteriorated. At the start of the year, nearly 140 trillion SHIB were in profit. That figure reflected optimism following December’s price spike and renewed retail participation. The momentum did not last. Within a week, the supply in profit dropped by 62%. Currently, only about 57 trillion SHIB remain profitable. This rapid contraction illustrates how quickly gains vanished as the price reversed. Falling profitability often alters behavior. As fewer holders sit in profit, selling pressure tends to rise. Macro indicators confirm a shift toward distribution. Exchange net position change data shows consistent green bars, signaling increased inflows to exchanges. This pattern suggests accumulation has ended and selling has taken over. As the SHIB price declined, exchange balances grew. Rising balances often precede further weakness, as tokens move closer to liquidation. This trend indicates holders are preparing to sell rather than wait for recovery. Selling pressure combined with declining profits creates a negative feedback loop. Losses encourage exits, and exits weigh further on price. Without renewed demand, this structure leaves Shiba Inu vulnerable to continued downside. 🔸 SHIB Price Is Holding Above Support Shiba Inu trades near $0.00000857 at the time of writing, holding just above the $0.00000836 support. The meme coin lost 9.6% over the past week. Earlier, SHIB briefly touched $0.00001000 during an intraday spike on December 5. #SHIB | #Shibainu
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