As of May 24, 2025, Shiba Inu (SHIB) is trading at approximately \$0.00001444, reflecting a 7.9% decline over the past 24 hours. Despite this dip, SHIB has experienced a 14% increase from its recent lows, indicating potential bullish momentum. Notably, over 1.1 billion SHIB tokens were burned this week, and whale activity surged with 121.96 billion SHIB moved off Coinbase, suggesting strategic accumulation .([CoinGecko][1], [CCN.com][2], [TradingView][3])
In the broader crypto market, Bitcoin (BTC) is priced at \$108,266, down 2.7%, and Ethereum (ETH) stands at \$2,557.97, a 4.6% decrease. Dogecoin (DOGE) is trading at \$0.228, down 7.9%. These movements reflect a general market correction, though SHIB's recent developments may position it for a potential rebound.([Gemini][4])
[1]: https://www.coingecko.com/en/coins/shiba-inu?utm_source=chatgpt.com "Shiba Inu Price Chart (SHIB) - CoinGecko"
[2]: https://www.ccn.com/analysis/crypto/shib-up-but-downturn-threat-looms/?utm_source=chatgpt.com "Shiba Inu (SHIB) Up 14% Since Recent Low but Downturn Threat Still Looms"
[3]: https://www.tradingview.com/news/u_today%3A77f57e9e3094b%3A0-121-956-346-694-shiba-inu-shib-just-left-coinbase-what-happens-next/?utm_source=chatgpt.com "121,956,346,694 Shiba Inu (SHIB) Just Left Coinbase; What Happens Next?"
[4]: https://www.gemini.com/prices?utm_source=chatgpt.com "Crypto Prices - Bitcoin, Solana, and Other Coin Prices & Values"
