
PANews reported on May 21 that according to CoinDesk, Shiba Inu (SHIB) price rose 16% this month but quickly fell back to $0.00001457 after reaching $0.00001492. Despite a 106,040% surge in 24-hour burn rate, on-chain data shows that whale net outflow dramatically decreased by 311%, and active addresses have dropped 68% since last December. The current $0.000014–0.000015 range has become a key support and resistance zone, with technical indicators still in a downward channel, and short-term rebounds may face significant selling pressure from investors breaking even.



