Shiba Inu Drops 50% After Dramatic Rally: What’s Behind the Correction?

Shiba Inu (SHIB) experienced a significant price drop within 48 hours, losing nearly half its gains from just days earlier. Despite hitting an all-time high of $0.000017 on May 12, SHIB has struggled to maintain momentum. Analysts believe the token’s rejection at key resistance levels is a major contributing factor to this drop.