Shiba Inu Crashes 16% Amid Intense Selling Pressure, Can Bulls Hold On?

Shiba Inu's price plummeted by 16% in recent trading, reaching a low of $0.0000052 after intense selling pressure swept across the market.

The memecoin rebounded slightly to $0.0000053 but still faced significant losses due to a sharp decline in trading volume, which dropped by 63% to $140 million.

Analysts attribute the downturn to changes in global market conditions and reduced exposure from investors amid renewed tariff wars.