{"id":13744,"date":"2025-02-18T17:32:27","date_gmt":"2025-02-18T17:32:27","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13744"},"modified":"2025-02-18T17:32:27","modified_gmt":"2025-02-18T17:32:27","slug":"another-shiba-inu-shib-price-crash-ahead-3-factors-driving-bearish-sentiment","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13744","title":{"rendered":"Another Shiba Inu (SHIB) Price Crash Ahead? 3 Factors Driving Bearish Sentiment"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"0\" data-end=\"167\">Shiba Inu\u2019s price faces further downside risks due to a sharp drop in Shibarium activity, a collapse in the burn rate, and other factors.<\/li>\n<li data-start=\"168\" data-end=\"367\" data-is-last-node=\"\">However, a predominantly negative exchange netflow suggests investors might be moving SHIB off exchanges into self-custody, potentially easing selling pressure and hinting at a short-term price rebound.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-383820\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>What Signals a Severe Pullback?<\/h2>\n<p><span data-preserver-spaces=\"true\">The second-biggest meme coin has not been in good shape lately. Its price has fallen over 25% in the past month, currently trading at roughly $0.00001543.<\/span><\/p>\n<figure id=\"attachment_383818\" aria-describedby=\"caption-attachment-383818\" style=\"width: 573px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-383818\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4.png\" alt=\"SHIB Price\" width=\"573\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4.png 1041w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4-300x210.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4-1024x715.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4-768x536.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-4-50x35.png 50w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\"><\/a><figcaption id=\"caption-attachment-383818\" class=\"wp-caption-text\">SHIB Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Some key elements indicate the meme coin might <\/span><span data-preserver-spaces=\"true\">be headed<\/span><span data-preserver-spaces=\"true\"> for a deeper correction. One of those is the decreased Shibarium activity.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Daily transactions processed on the layer-2 scaling solution have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibariumscan.io\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">dropped<\/span><\/a><span data-preserver-spaces=\"true\"> from over 4.5 million last week to under 100,000 on February 17. Shibarium <\/span><span data-preserver-spaces=\"true\">is specifically designed<\/span><span data-preserver-spaces=\"true\"> to foster the development of the Shiba Inu ecosystem, and its further advancement could positively impact the price of the underlying token. Conversely, its stalled progress may have the opposite effect.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Next on the list is Shiba Inu\u2019s burning program. The burn rate has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibburn.com\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">collapsed<\/span><\/a><span data-preserver-spaces=\"true\"> 95% over the last 24 hours, resulting in just 1.7 million tokens sent to a null address. The mechanism\u2019s ultimate goal is to reduce the circulating supply of SHIB, potentially making it more valuable in time.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Lastly, we will touch upon the overall bearish environment of the entire meme coin niche. <\/span><span data-preserver-spaces=\"true\">The sector\u2019s <\/span><span data-preserver-spaces=\"true\">total<\/span><span data-preserver-spaces=\"true\"> market capitalization has slipped by 5% in the past day, currently <\/span><span data-preserver-spaces=\"true\">set<\/span><span data-preserver-spaces=\"true\"> at less than $75 billion.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The vast majority of the memes, including Dogecoin (DOGE), Pepe (PEPE), Official Trump (TRUMP), Bonk Inu (BONK), Floki Inu (FLOKI), and many more have recorded substantial losses.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meme coins <\/span><span data-preserver-spaces=\"true\">are often driven<\/span><span data-preserver-spaces=\"true\"> by hype, community sentiment, and speculative trading. A downtrend of the entire sector can dampen enthusiasm, <\/span><span data-preserver-spaces=\"true\">leading to reduced<\/span><span data-preserver-spaces=\"true\"> trading volume and selling pressure on numerous tokens, including SHIB.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Something for the Bulls<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the aforementioned bearish factors, it is not all doom and gloom, with one on-chain metric suggesting a possible price reversal in the short term.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This is Shiba Inu\u2019s exchange <\/span><span data-preserver-spaces=\"true\">netflow<\/span> <span data-preserver-spaces=\"true\">which<\/span><span data-preserver-spaces=\"true\">, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptoquant.com\/asset\/shib\/chart\/exchange-flows\/exchange-netflow-total?exchange=all_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=column\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">according<\/span><\/a><span data-preserver-spaces=\"true\"> to CryptoQuant, has been predominantly negative in the last month. The development signals <\/span><span data-preserver-spaces=\"true\">about<\/span><span data-preserver-spaces=\"true\"> a potential shift from centralized platforms toward self-custody methods, which in turn<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">reduces the immediate selling pressure.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/another-shiba-inu-shib-price-crash-ahead-3-factors-driving-bearish-sentiment\/\" rel=\"nofollow\">Another Shiba Inu (SHIB) Price Crash Ahead? 3 Factors Driving Bearish Sentiment<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Shiba Inu\u2019s price faces further downside risks due to a sharp drop in Shibarium activity, a collapse in the burn rate, and other factors. However, a predominantly negative exchange netflow suggests investors might be moving SHIB off exchanges into self-custody, potentially easing selling pressure and hinting at a short-term price rebound. What Signals a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13744","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13744"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13744\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}