{"id":43974,"date":"2025-08-25T15:31:46","date_gmt":"2025-08-25T15:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43974"},"modified":"2025-08-25T15:31:46","modified_gmt":"2025-08-25T15:31:46","slug":"this-shiba-inu-shib-metric-drops-to-a-multi-month-low-more-pain-ahead","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43974","title":{"rendered":"This Shiba Inu (SHIB) Metric Drops to a Multi-Month Low: More Pain Ahead?"},"content":{"rendered":"<div>\n<p><strong><span data-preserver-spaces=\"true\">TL;DR<\/span><\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">One Shibarium indicator has plummeted substantially, suggesting that Shiba Inu\u2019s price may continue dropping. <\/span><\/li>\n<li><span data-preserver-spaces=\"true\">On the other hand, some analysts expect a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> resurgence in the near future<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">while<\/span><span data-preserver-spaces=\"true\"> the RSI <\/span><span data-preserver-spaces=\"true\">nears<\/span><span data-preserver-spaces=\"true\"> oversold levels.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-410047\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB_CB-29-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Headed for a Further Decline?<\/h2>\n<p><span data-preserver-spaces=\"true\">The second-largest meme coin has been in a downtrend for the past month, and the latest correction in the crypto market has only intensified its condition. Currently, it trades at around $0.00001239 (according to CoinGecko\u2019s data), representing a steep decline from the local peak of $0.00003086 reached in December 2024.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Moreover, several key factors suggest that Shiba Inu (SHIB) may <\/span><span data-preserver-spaces=\"true\">be poised<\/span><span data-preserver-spaces=\"true\"> for an additional pullback. The number of transactions processed on the layer-2 scaling solution Shibarium <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibariumscan.io\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">fell<\/span><\/a><span data-preserver-spaces=\"true\"> to almost one million on August 24, or its lowest point since the beginning of June.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This<\/span> <span data-preserver-spaces=\"true\">showcases<\/span><span data-preserver-spaces=\"true\"> reduced activity on the network, which <\/span><span data-preserver-spaces=\"true\">could mean<\/span><span data-preserver-spaces=\"true\"> low interest in the entire ecosystem.<\/span> <span data-preserver-spaces=\"true\">Additionally, each transaction on Shibarium involves burning SHIB, which could <\/span><span data-preserver-spaces=\"true\">potentially<\/span><span data-preserver-spaces=\"true\"> boost the price if demand remains stable or goes up.<\/span><span data-preserver-spaces=\"true\"> Over the past 24 hours, the burn rate has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibburn.com\/#google_vignette\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">risen<\/span><\/a><span data-preserver-spaces=\"true\"> by a mere 1.2%, resulting in approximately 3.7 million tokens, whose USD valuation is insignificant.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The SHIB exchange netflow in the last few days supports the bearish outlook. Recently, inflows have surpassed outflows, indicating that investors are shifting from self-custody to centralized platforms, which in turn increases immediate selling pressure.\u00a0<\/span><\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-410051\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3.png\" alt=\"SHIB Exchange Netflow\" width=\"743\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3.png 1527w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3-300x161.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3-1024x551.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3-768x413.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-Exchange-Netflow-3-50x27.png 50w\" sizes=\"auto, (max-width: 743px) 100vw, 743px\"><\/a><br \/>\nSHIB Exchange Netflow, Source: CryptoQuant<\/p>\n<h2>The Chances of Resurgence<\/h2>\n<p>Contrary to the bearish elements outlined above, some analysts continue to project bullish scenarios for the meme coin.<\/p>\n<p><span data-preserver-spaces=\"true\">One popular X user <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/Bitcoinsensus\/status\/1958912105555320914\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> SHIB is still ranging inside its accumulation zone, noting that major rallies have historically followed such consolidations. The analyst set two targets, with the first being $0.00005589 and the second $0.00003296 (which would represent a 166% pump from the current levels).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">SHIB\u2019s Relative Strength Index (RSI) also suggests an incoming rebound. The technical analysis tool measures the speed and magnitude of the latest price changes to help traders spot possible reversal points. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Readings around and below 30 usually indicate that the asset is in an oversold zone and could be due for a resurgence, while anything above 70 is considered bearish territory. The RSI has been gradually declining in the past few days and is heading toward the bullish mark.<\/span><\/p>\n<figure id=\"attachment_410036\" aria-describedby=\"caption-attachment-410036\" style=\"width: 2443px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-410036\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1.png\" alt=\"SHIB RSI\" width=\"2443\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1.png 1478w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1-300x49.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1-1024x168.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1-768x126.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SHIB-RSI-1-50x8.png 50w\" sizes=\"auto, (max-width: 2443px) 100vw, 2443px\"><\/a><figcaption id=\"caption-attachment-410036\" class=\"wp-caption-text\">SHIB RSI, Source: CryptoWaves<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/this-shiba-inu-shib-metric-drops-to-a-multi-month-low-more-pain-ahead\/\">This Shiba Inu (SHIB) Metric Drops to a Multi-Month Low: More Pain Ahead?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR One Shibarium indicator has plummeted substantially, suggesting that Shiba Inu\u2019s price may continue dropping. On the other hand, some analysts expect a major resurgence in the near future, while the RSI nears oversold levels.\u00a0 Headed for a Further Decline? The second-largest meme coin has been in a downtrend for the past month, and the [&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-43974","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\/43974","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=43974"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43974\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}