{"id":163,"date":"2025-06-06T12:52:55","date_gmt":"2025-06-06T12:52:55","guid":{"rendered":"https:\/\/bitcoscript.com\/article\/shib-price-drops-5-as-dormant-whale-takes-profit-whats-next-for-shiba-inu\/"},"modified":"2025-06-06T12:52:55","modified_gmt":"2025-06-06T12:52:55","slug":"shib-price-drops-5-as-dormant-whale-takes-profit-whats-next-for-shiba-inu","status":"publish","type":"post","link":"https:\/\/bitcoscript.com\/article\/shib-price-drops-5-as-dormant-whale-takes-profit-whats-next-for-shiba-inu\/","title":{"rendered":"SHIB Price Drops 5% as Dormant Whale Takes Profit, What\u2019s Next for Shiba Inu?"},"content":{"rendered":"

Shiba Inu
\n
\n SHIB<\/span>
\n $0.000013<\/span>
\n <\/span>
\n
\n\t\t\t
\n 24h volatility:<\/span>
\n 2.4%<\/span>
\n <\/span>
\n
\n Market cap:<\/span>
\n $7.43 B<\/span>
\n <\/span>
\n <\/span>
\n
\n Vol. 24h:<\/span>
\n $271.73 M<\/span>
\n <\/span>
\n <\/span>
\n <\/a>
\n\t, one of the top meme coins, has slipped to a crucial support zone of $0.000012 after losing over 4.5% in the past 24 hours.\u00a0<\/span><\/p>\n

This price drop comes as a major SHIB whale cashed out its holdings after three years of dormancy. Lookonchain reports that wallet 0x6E45 transferred 100.45 billion SHIB worth around $1.21 million to Binance.<\/span><\/p>\n

\n

Whale 0x6E45 deposited 100.45B $SHIB<\/a>($1.21M) into #Binance<\/a> 6 hours ago after being dormant for 3 years, making a profit of ~$311K(the profit exceeded $2.7M at the peak).https:\/\/t.co\/CmYdXUqAbf<\/a> pic.twitter.com\/JzfYWqdPCa<\/a><\/p>\n

— Lookonchain (@lookonchain) June 6, 2025<\/a><\/p>\n<\/blockquote>\n

The whale made a realized profit of around $311,000 on this sale. Notably, its unrealized gains once peaked above $2.7 million.<\/span><\/p>\n

The sharp decline comes amid a broader market downturn, which saw meme coins collectively shedding 5.5% from their total market value in the past day. SHIB\u2019s market cap alone fell by more than $300 million during the same period.<\/span><\/p>\n

SHIB Price Outlook<\/h2>\n

Despite the recent crypto market rally, which saw Bitcoin touch a new all-time high of $112,000, <\/span>SHIB has lagged<\/span> in performance. Data from CoinMarketCap reveals that SHIB is down around 5% over the past month and a staggering 51% over the past year.\u00a0<\/span><\/p>\n

On the <\/span>daily chart<\/span><\/a>, SHIB is currently hugging the lower Bollinger Band, suggesting oversold conditions and the possibility of a short-term bounce. However, the bands are still widening slightly, signaling continued volatility.<\/span><\/p>\n

<\/p>\n

SHIB price chart with RSI and Bollinger Bands | Source: TradingView<\/span><\/i><\/p>\n

The RSI is sitting at 36.6, also confirming SHIB to be nearing oversold territory. A further drop in RSI reading would strongly suggest a reversal, but until then, the trend remains vulnerable to further downside.\u00a0<\/span><\/p>\n

A breakdown below the $0.000012 support level could lead to $0.0000105 or even $0.000009. Popular crypto trader Crypto Chiefs stated that if SHIB holds above this level and sees a <\/span>medium-term reversal<\/span>, the immediate liquidity target will be $0.000016.<\/span><\/p>\n

\n

$SHIB<\/a> in a must hold zone here.<\/p>\n

If we hold & see a medium term reversal, I will be using these red lines as liquidity level targets. pic.twitter.com\/QAoUIoCTaf<\/a><\/p>\n

— Crypto Chiefs (@cryptochiefss) June 5, 2025<\/a><\/p>\n<\/blockquote>\n

Meanwhile, the MACD indicator shows a bearish crossover with the MACD line slightly below the signal line. The histogram bars are growing red, suggesting a continuation of the current downtrend unless strong bullish volume enters the market.<\/span><\/p>\n

<\/p>\n

SHIB price chart with MACD | Source: TradingView<\/span><\/i><\/p>\n

\ud83d\udd25Subbd: Revolutionizing Content Subscriptions with AI<\/h2>\n

While SHIB continues to test investor sentiment, a next-gen Web3 project, Subb,d\u00a0is drawing investor interest. Subbd aims to transform the $85 billion content economy by offering an AI-powered, tokenized platform for creators and their audiences.<\/p>\n

Through its Web3 integration, Subbd provides creators with automation tools to simplify content delivery, while fans gain exclusive, interactive access.<\/p>\n

\u2705$SUBBD Tokenomics and Presale<\/h3>\n

The project\u2019s native token, SUBBD, is an Ethereum-based cryptocurrency that powers the platform by providing premium content, staking rewards, and AI-driven utilities.<\/p>\n

SUBBD holders can stake tokens to unlock benefits such as behind-the-scenes content, private livestreams, and premium drops. The platform has successfully raised $465,670, and the token’s price is set to increase in just a few hours.<\/span><\/p>\n

Presale Snapshot:<\/b><\/p>\n

    \n
  • Current price<\/strong>: $0.0556<\/span><\/li>\n
  • Amount raised<\/strong>: $615,367<\/span><\/li>\n
  • Ticker<\/strong>: SUBBD<\/span><\/li>\n
  • Blockchain<\/strong>: Ethereum<\/span><\/li>\n<\/ul>\n

    With only two days remaining before the next price increase, Subbd is a project worth monitoring, particularly for those interested in AI-led innovations.<\/span><\/p>\n

    next<\/p>\n

    The post SHIB Price Drops 5% as Dormant Whale Takes Profit, What’s Next for Shiba Inu? appeared first on Coinspeaker.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Shiba Inu SHIB $0.000013 24h volatility: 2.4% Market cap: $7.43 B Vol. 24h: $271.73 M , one of the top meme coins, has slipped to a crucial support zone of $0.000012 after losing over 4.5% in the past 24 hours.\u00a0 This price drop comes as a major SHIB whale cashed out its holdings after three…<\/p>\n","protected":false},"author":1,"featured_media":164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[19,7,8,39,40],"class_list":["post-163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-altcoin-news","tag-cryptocurrency-news","tag-news","tag-shib","tag-shiba-inu"],"_links":{"self":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/comments?post=163"}],"version-history":[{"count":0,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media\/164"}],"wp:attachment":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media?parent=163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/categories?post=163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/tags?post=163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}