Crypto
Shiba Inu Price Remains Below Moving Averages Amidst Declining Trend
The Shiba Inu (SHIB) price has been on a downward trend over the past year, losing 65.5% of its value since August 2025.
On August 12, 2026, the SHIB price stood at $0.00000446, which is 8.5% above its twelve-month low of $0.00000411.
The 50-day moving average of $0.00000464 is slightly above the current price and has capped every attempt to move higher since late July.
However, the trend remains intact, with the SHIB price trading 24.6% below its 200-day average of $0.00000592.