SHIB Price Drops Below $0.000009, Continuing Week-Long Slide

The Shiba Inu (SHIB) price has experienced a significant drop, falling below the $0.000009 mark after losing nearly 10% of its value over the past seven days. Despite large exchange outflows on November 15th, where 125 billion SHIB tokens were withdrawn, the token failed to rebound and continues to decline. Analysis suggests that this downward trend may be driven by a lack of price support despite decreased availability on exchanges.