39.71 Trillion SHIB: Can Bulls Fight for Survival?

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is trading in a tight range, and bulls face a critical moment as the price struggles to hold. Recent price drops have left over 39.71 trillion tokens held within a $0.000012-$0.000013 range, according to on-chain data. SHIB has experienced a slight increase in value (+0.24% over the past 24 hours), currently trading at $0.00001293, but this follows a steep decline earlier in the week after reaching a high of $0.00001345 on June 3rd.