Shiba Inu (SHIB) Price Drops 4.68%, Market Stabilization Observed
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Decline: Shiba Inu (SHIB) has experienced a 4.68% drop in the last 24 hours, trading around $0.00000860, indicating a return to normalized market conditions after significant year-end volatility, which may impact investor confidence.
- Market Structure Stabilization: With reduced speculative activity, SHIB's price has settled back into a familiar range, suggesting that supply and demand dynamics are regaining influence over price movements, potentially laying the groundwork for future rational price discovery.
- Whale Activity Impact: Strategic selling from large holders has historically influenced SHIB's price, and recent evidence suggests that selling pressure may be easing, allowing for a gradual return to normal market participation, which could aid in price stabilization.
- Technical Analysis: Although SHIB continues to trade below significant long-term resistance levels, the bounce from recent local lows indicates a shift in short-term momentum, with more consistent participation patterns emerging, potentially providing a more predictable foundation for future price behavior.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






