Shiba Inu Faces Intensified Selling Pressure as Key Metric Plummets Over 90%

Shiba Inu's market dynamics take a dramatic turn as critical on-chain indicators flash warning signals. The meme coin favorite faces mounting pressure from sellers abandoning ship at an alarming rate.

Metric Meltdown: What's Behind the 90% Drop

Network activity and holder confidence metrics have cratered, suggesting a fundamental shift in investor sentiment. The dramatic decline points to profit-taking and rotation into more established assets—because nothing says 'sound investment strategy' like chasing the next shiny object in crypto.

Trading volume patterns show decreased accumulation and increased distribution across major exchanges. This selling pressure creates overhead resistance that could challenge recent price support levels.

Market Impact and Forward Outlook

The metric collapse coincides with broader market uncertainty, though SHIB's drop far exceeds sector averages. Retail enthusiasm appears to be cooling as reality sets in—turns out dog-themed tokens might not actually disrupt global finance.

Watch for whether this represents a temporary sentiment shift or fundamental deterioration in holder conviction. Either way, it's another reminder that in crypto, even the dogs eventually have their day—and then they need to be walked. Hard.

Shiba Inu burn rate reaches 90Shiba Inu burn rate reaches 90 Many attribute the long-term value proposition of Shiba Inu to reducing its massive supply of 589 trillion tokens through burns. As the rate is now dropping, it could impact sentiment. Notably, removing more tokens from circulation and sending them to the dead wallet contributes to Shiba Inu’s price seeing a long-term spike. As the burn activity declines, it raises supply concerns, and some investors might panic sell.  Shiba Inu Current Performance  In the meantime, Shiba Inu has continued to show resilience, rising from a multi-week low of $0.00001206 to $0.00001250. With a current price of $0.00001250, Shiba Inu has surged by a mere 1.57% over the past day. However, it is still down 8.15% over the past week and 16.36% over the past month.  Investors’ momentum has waned in the past day, with the trading volume plunging by 3.08% over the past 24 hours to $197.77 million.  Liquidation Overview  Amid the ongoing recovery, Shiba Inu futures traders have suffered a total liquidation of $87,450 in the past day. While long positions comprised $37,450, the short ones incurred most losses at $49,990.  Notably, investors betting on a shiba inu price drop (shorts) could face $746,520 in liquidations if SHIB climbs to $0.000013. Conversely, those expecting the rally to continue (longs) risk $919,610 in liquidation if the price falls under $0.000012.  Meanwhile, several community experts remain confident in Shiba Inu’s prospects. Analyst MMB Trader projects an imminent rally to $0.00007716.