A recent nine trillion SHIB drop in on-chain activity has raised concerns for the Shiba Inu community, particularly as the cryptocurrency market remains volatile. This decline impacts both retail investors and whales, who have witnessed a sharp decrease in participation. While technically still within a symmetrical triangle pattern, SHIB’s price is hovering around $0.0000123, indicating an inability to break out of its current range. 8,859.67% drop in the past week highlights the vulnerability of the token as it struggles to gain momentum. Experts highlight that this decline underscores the need for SHIB to regain significant activity and witness ecosystem advancements to prevent sustained price weakness. 45 on the RSI indicator suggests market neutrality, but a lack of substantial volume indicates traders’ hesitancy in taking aggressive positions.