Breaking news from Planet Shiba Inu, the meme coin that simply refuses to act its age (or, indeed, its market cap). Apparently someone let SHIB get its paws on some grown-up tech, and now it’s strutting about town in collaboration with ZAMA, the cryptography wizards. Together, they’ve launched Shib Alpha Layer—a privacy rollup so sophisticated that it lets smart contracts play with encrypted data without blabbing all your secrets to the universe.
Potential use cases? Oh, just a few tiny industries like healthcare and finance, no big deal. Meanwhile, Shibarium, the project’s Layer 2, is attempting to unite more RollApps than a sushi conveyor belt at an all-you-can-eat buffet, offering scalability with a side of practicality (finally, SHIB, finally!).
But—cue dramatic music!—the celebration got a bit messy. Yesterday someone dumped 211 million SHIB, which is the digital equivalent of yelling “FIRE” in a crowded cinema. The price narrative went from “bumping champagne” to “sad trombone” in 0.2 seconds. But before you start panic-selling your Shiba Inu keychain, here’s a closer look at what’s going on…
Shiba Inu (SHIB) Price Analysis (AKA Rollercoaster Update 🚀🐕)
Right now, SHIB is changing hands at $0.00001171, down 1.36% for the day and a rather unflattering 12.68% over the week. The market cap is sulking at $6.9 billion, with a trading volume somewhere in the “should I stay or should I go now?” region—$153.42 million, a 0.60% tick downward.
Glancing at the 4-hour chart, SHIB is stuck below the 20-period SMA Bollinger Band midpoint (why do financial charts always sound like gym instructions?) at $0.00001194. The price is clinging to the lower Bollinger band for dear life, but there is a tiny, almost valiant, bounce from $0.00001152. Someone out there still believes!
The RSI is lurking at 42.30, just shy of officially wearing the “oversold” t-shirt, but inching upward with the kind of optimism usually reserved for lottery hopefuls. Technically (if we’re pretending to be serious for a second) a climb above $0.00001194 would be SHIB’s first “mic drop” moment in a while. Should it flop below $0.00001137, the next stop is the psychological support zone at $0.00001100—also known as “the nervous breakdown line.”
Still itching for a plot twist? Get the popcorn: check out our Shiba Inu (SHIB) Price Prediction 2025, 2026-2030! Spoiler: could go up, could go down, could buy you a house, or a cup of coffee.
FAQs (For When Your Brain Is Tired of Charts)
Why is SHIB price falling?
Somebody yeeted 211M SHIB into the market, which—surprise!—did not inspire FOMO. Add a sprinkle of market gloom, and voilà: price dip.
Is SHIB in an oversold zone?
RSI chilling at 42, which is close to “everybody panic” but not quite there yet. A comeback is possible if people unleash their inner meme investor. 🐕
Where is the SHIB price heading next?
The magic number is $0.00001194. If SHIB pulls itself above that, the bulls might finally have their day. If not, prepare for more existential memes.
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2025-06-18 11:47