Shiba Inu Drops 10% In 7 Days: What Is Going On?
Posted On May 5, 2025
Shiba Inu (CRYPTO: SHIB) is down 10% over the past week but continues to attract bullish forecasts from traders, driven by its aggressive token burn rate and high concentration in whale holdings.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00001263 | $7.4 billion | -2.7% | -9.7% |
| Dogecoin (CRYPTO: DOGE) | $0.1705 | $25.4 billion | -2.4% | -6.6% |
| Pepe (CRYPTO: PEPE) | $0.058064 | $3.4 billion | -2% | -12.3% |
Trader Notes: In an X post on May 4, crypto trader Javon Marks reiterated his bold call for SHIB to hit $0.000081, a nearly 500% gain from current levels.
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