Shiba Inu is currently priced around USD 0.00001259, with an intraday range of approximately 0.00001238 to 0.00001287. After several weeks of declines—about 21% according to some analysts—persistent bearish pressure is observed, although some see a rebound possible if support holds at USD 0.000010. Technically, the RSI is in neutral territory, near 45, suggesting consolidation rather than immediate reversal. Furthermore, despite an impressive burn of over 631 million tokens, the price fell by 11%, dragged down by the overall weakness of the crypto market.