Shiba Inu Sinks 16% In 7 Days: What Is Going On?
Posted On May 19, 2025
Shiba Inu (CRYPTO: SHIB) has dropped 16% over the past seven days, but rising burn rates and large transaction activity hint at brewing potential under the surface.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Shiba Inu (CRYPTO: SHIB) | $0.00001407 | $8.3 billion | -4% | -16.2% |
Dogecoin (CRYPTO: DOGE) | $0.2163 | $32.3 billion | -2.5% | -10.7% |
Pepe (CRYPTO: PEPE) | $0.00001267 | $5.3 billion | -3.9% | -11.9% |
Trader Notes: Market commentator Joey Keasberry described Shiba Inu’s technical setup as “extremely unusual or impressive.”
While the token hasn’t broken out yet, he believes a breakout could be explosive, suggesting that now might be the time to gain exposure before it attracts …