Shiba Inu Loses Vital Support

Krutika Adani

Vital Support at $0.000025

Shiba Inu has lost vital support at $0.000025 and touched a low of $0.000024 yesterday.

Downtrend Since Last Week

The memecoin has been in a downtrend since May 29th, likely due to the lack of a market trigger.

Surge in Trading Volume

However, in the last 24 hours, Shiba Inu’s trading volume has surged by 43% due to whale activity.

Increased Whale Activity

High whale activity has also led to increased price fluctuations.

Next Support Level

The next support level lies at $0.000023, below which SHIB might trigger a selloff.