⚠️ Why Is Shiba Inu (SHIB) Falling?
🔻 A Deeper Look Into the Memecoin's Slump
📉 Shiba Inu has lost over 11% of its value in June 2025, and the trend isn’t slowing down. As of July 2, SHIB is trading at $0.0000113 with daily volumes shrinking to just $94M — a worrying sign for investors.
🔍 Top 5 Reasons Behind the Slide:
▫️ Weak technicals – 1D chart signals a potential 40% crash
▫️ Falling investor confidence
▫️ Declining trading volumes
▫️ Lack of major ecosystem updates
▫️ Shift in market sentiment toward newer memecoins
💡 $SHIB current setup paints a cautious picture. For traders and investors, this is a moment to evaluate risk and watch the charts closely.
#ShibaInu #CryptoMarket #Altcoins #TechnicalAnalysis #Blockchain
https://coingape.com/markets/why-shiba-inu-price-falling/?utm_source=bnb&utm_medium=coingape