- SHIB trades at $0.00001408 (-2.52% daily), testing $0.0000138 support; breakout above $0.0000155 targets $0.000017–$0.000019.
- Shibarium L2 expands dApp/staking utility amid 12% volume drop; SHIB remains 83% below ATH.
Shiba Inu (SHIB) is trading at $0.00001408, showing a -2.52% decline in the past 24 hours and -7.68% over the past 7 days, reflecting a cooling off in memecoin momentum after strong earlier runs.
SHIB currently holds a market capitalization of $8.29 billion, with a circulating supply of approximately 589 trillion SHIB, and a 24-hour trading volume of $191 million — a decrease of nearly 12% in trading activity, indicating waning short-term interest.
Technically, SHIB is at a pivotal level, consolidating between $0.00001405 and $0.00001463. Key resistance lies at $0.0000152, while support is sitting near $0.0000138.
A breakdown could trigger a test of the $0.0000125 zone, while a successful breakout above $0.0000155 would open up upside targets near $0.0000170–$0.0000190. SHIB has remained over 83% below its all-time high, showing how much headroom exists should bullish sentiment return.
Recent Highlights and Ecosystem News:
- Despite market pressure, SHIB was one of the few tokens to trade green amid a $182 million altcoin market drop, according to U.Today.
- Whale movement has slowed significantly, and the SHIB burn rate has declined, reflecting reduced speculative activity.
- Community excitement remains anchored in the Shibarium Layer 2 chain, which continues to expand dApp integration and staking opportunities.
- SHIB remains a dominant force among memecoins and is increasingly being positioned for utility in microtransactions and DeFi protocols.
If SHIB holds above $0.0000140 and breaks $0.0000155 with renewed interest, it is projected to reach $0.0000172–$0.0000188 within 6–9 days, driven by Layer 2 development, market recovery, and memecoin resurgence.
