Shiba Inu Price Update

The price of Shiba Inu has been on a decline for the past few months, witnessing a significant drop of nearly 63% since December 2024.

Positive Sign for Recovery

Despite the downturn, a key metric indicates a potential recovery for the meme coin.

Shiba Inu’s exchange reserve has recently reached an all-time low of 93.573 trillion tokens, indicating a shift in investor behavior. This decline in exchange reserves suggests a decrease in selling pressure, which could enable SHIB to surpass critical resistance levels.