On May 2025, the price of the Shiba Inu cryptocurrency (SHIB) is approximately 0.00001336 USD, recording a decrease of 7.6% in the last 24 hours.
In the last 24 hours, SHIB has fluctuated between 0.0000132 USD and 0.0000145 USD, indicating increased volatility. This decrease is attributed to a significant rise in trading volume and a wave of selling from large investors ("whales"), who have transferred large amounts of tokens to exchanges.
On the other hand, analysts are observing the formation of optimistic technical patterns, such as the "cup and handle" pattern, which could signal a possible increase of up to 70% in the near future. Another analyst highlights two possible scenarios for the price evolution of SHIB, favoring an upward trajectory supported by strong community backing.
In conclusion, although SHIB is facing short-term selling pressures, the technical outlook and community support suggest a potential recovery in the upcoming period. 09136497014