Shiba Inu's current price is around $0.0000125-$0.0000127, with a market capitalization of approximately $7.38 billion-$7.46 billion. The 24-hour trading volume is $170 million-$177 million.

*Recent Price Movements:*

- 24-hour price change: -0.96% to 1.06%

- 7-day price change: 1.36% to 1.95%

- 30-day price change: -3.48% to -4.32%

*Market Analysis:*

- Shiba Inu's price is showing signs of resilience, with reduced selling pressure and liquidity buildup that could fuel a near-term bounce.

- The cryptocurrency's chart reveals an inverse head and shoulders pattern, indicating a potential bullish reversal with a projected 540% price increase if resistance breaks.

- However, declining on-chain activity and trading volume raise concerns about sustaining this momentum.

*Other Updates:*

- Over 20 billion SHIB tokens have entered exchanges in the last day, indicating potential selling pressure.

- Shibarium's addresses are nearing the 270 million milestone, which could impact Shiba Inu's price.

- Top 10 wallets hold 62% of SHIB's supply, making them key players in its price movement ¹ ² ³.