{"id":29787,"date":"2025-06-02T13:19:20","date_gmt":"2025-06-02T13:19:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29787"},"modified":"2025-06-02T13:19:20","modified_gmt":"2025-06-02T13:19:20","slug":"important-shiba-inu-indicator-drops-to-a-3-month-low-how-will-shibs-price-react","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29787","title":{"rendered":"Important Shiba Inu Indicator Drops to a 3-Month Low: How Will SHIB\u2019s Price React?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"57\" data-end=\"189\">\n<p data-start=\"59\" data-end=\"189\">Shibarium\u2019s recent slowdown has sparked concerns over Shiba Inu\u2019s network engagement and price outlook.<\/p>\n<\/li>\n<li data-start=\"57\" data-end=\"189\">\n<p data-start=\"59\" data-end=\"189\">However, a negative exchange netflow and a low RSI hint at potential recovery signs.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-398830\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB_CB-16-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Brace for Impact?<\/h2>\n<p><span data-preserver-spaces=\"true\">The number of daily transactions processed on Shiba Inu\u2019s layer-2 blockchain solution, Shibarium, has been in decline over the past few weeks. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On June 1, the figure <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibariumscan.io\/stats\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">shrank<\/span><\/a><span data-preserver-spaces=\"true\"> to just 65,411, marking the lowest point observed in nearly three months. Additionally, the number of active accounts and new contracts has also headed south.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The <\/span><span data-preserver-spaces=\"true\">aforementioned data<\/span><span data-preserver-spaces=\"true\"> indicate stalled activity on the network, suggesting reduced user engagement, which may have a negative influence on the price.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some members of the Shiba Inu team, as well as other industry participants, believe the future development of Shibarium is vital for the meme coin\u2019s price performance. One of those is the Bitcoin advocate Jeremie Davinci, who recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-to-the-moon-but-under-this-crucial-condition-bitcoin-advocate-weighs-in\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">said:<\/span><\/a><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cI like Shiba Inu, as you know, and\u00a0I think it will do relatively well in this cycle, but it may not go as high as you expect. <\/span><span data-preserver-spaces=\"true\">I think Shiba Inu has a lot of utility now that they have Shibarium, and <\/span><span data-preserver-spaces=\"true\">basically<\/span><span data-preserver-spaces=\"true\">, it\u2019s a chain that <\/span><span data-preserver-spaces=\"true\">you<\/span><span data-preserver-spaces=\"true\"> can\u00a0<\/span><span data-preserver-spaces=\"true\">actually<\/span><span data-preserver-spaces=\"true\"> run all kinds of applications.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, nobody is using it, and there are no applications for <\/span><span data-preserver-spaces=\"true\">using<\/span><span data-preserver-spaces=\"true\"> your tokens on Shibarium <\/span><span data-preserver-spaces=\"true\">yet<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\">\u00a0If they\u00a0get that solved, Shiba Inu will go to the moon.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Another factor signaling bad news for SHIB\u2019s valuation is the project\u2019s burning mechanism. Over the past seven days, the team and community <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/shibburn\/status\/1929508348505759884\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">have destroyed<\/span><\/a><span data-preserver-spaces=\"true\"> approximately 111 million tokens, representing a 15% decline compared to the rate witnessed the week before. Furthermore, only 1.57 million <\/span><span data-preserver-spaces=\"true\">SHIB<\/span><span data-preserver-spaces=\"true\"> were burned in the past 24 hours, meaning a nearly 90% decrease on a daily scale.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The program\u2019s ultimate goal is to reduce the overall supply of the meme coin and potentially increase its value through scarcity. According to Shibburn, the amount of tokens burned from the initial supply since adopting the program is over 410.7 trillion, leaving 584.4 trillion in circulation.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Some Bullish Signs<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Although the <\/span><span data-preserver-spaces=\"true\">aforementioned signs<\/span><span data-preserver-spaces=\"true\"> imply a bearish future for Shiba Inu, other factors paint a more positive picture. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For instance, SHIB\u2019s exchange netflow has been predominantly negative over the past week, indicating that the coin\u2019s supply on centralized platforms is decreasing. <\/span><span data-preserver-spaces=\"true\">This<\/span> suggests that investors may have shifted toward self-custody methods, a move that reduces\u00a0<span data-preserver-spaces=\"true\">immediate selling pressure.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_398841\" aria-describedby=\"caption-attachment-398841\" style=\"width: 737px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-398841\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow.png\" alt=\"SHIB Exchange Netflow\" width=\"737\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow.png 1452w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow-300x163.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow-1024x556.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow-768x417.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-Exchange-Netflow-50x27.png 50w\" sizes=\"auto, (max-width: 737px) 100vw, 737px\"><\/a><figcaption id=\"caption-attachment-398841\" class=\"wp-caption-text\">SHIB Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Shiba Inu\u2019s Relative Strength Index (RSI) is also worth mentioning. The momentum oscillator is currently hovering slightly above the bullish zone of 30. Ratios below that level typically indicate that the meme coin may be oversold and poised for a rally. On the contrary, anything above 70 may <\/span><span data-preserver-spaces=\"true\">be taken<\/span><span data-preserver-spaces=\"true\"> as a warning signal.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_398842\" aria-describedby=\"caption-attachment-398842\" style=\"width: 2400px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-398842\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI.png\" alt=\"SHIB RSI\" width=\"2400\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI.png 1512w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI-300x50.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI-1024x171.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI-768x128.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SHIB-RSI-50x8.png 50w\" sizes=\"auto, (max-width: 2400px) 100vw, 2400px\"><\/a><figcaption id=\"caption-attachment-398842\" class=\"wp-caption-text\">SHIB RSI, Source: CryptoWaves<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/important-shiba-inu-indicator-drops-to-a-3-month-low-how-will-shibs-price-react\/\" rel=\"nofollow\">Important Shiba Inu Indicator Drops to a 3-Month Low: How Will SHIB\u2019s Price React?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Shibarium\u2019s recent slowdown has sparked concerns over Shiba Inu\u2019s network engagement and price outlook. However, a negative exchange netflow and a low RSI hint at potential recovery signs. Brace for Impact? The number of daily transactions processed on Shiba Inu\u2019s layer-2 blockchain solution, Shibarium, has been in decline over the past few weeks. On [&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-29787","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\/29787","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=29787"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29787\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}