Recent analysis from IntoTheBlock reveals challenges facing Shiba Inu (SHIB), with waning momentum and shifting investor sentiment impacting its price decline. SHIB has witnessed a substantial price drop of 26.50% in the past month, despite occasional attempts at recovery. CoinMarketCap data confirms this trend with a recent 3.5% drop in the past 24 hours. This consistent decline suggests that SHIB may not experience a significant rebound soon. Further hindering SHIB’s prospects is a decrease in volume and liquidity. Investors are actively shifting their funds towards alternative cryptocurrencies, impacting SHIB’s potential for a breakout. This shift is reflected in Dogecoin (DOGE) attracting increased liquidity and signaling a possible surge. Meanwhile, a new cryptocurrency at $0.20 – Rexas Finance – has rapidly gained traction as investors seek high-growth opportunities.