Shiba Inu Price Plummets, Fueling Doubts About Future

Shiba Inu (SHIB), the once-booming meme coin, has faced a steep downturn, shedding over 2.6% in value within 24 hours to reach $0.00001275 on June 5, 2025. While dips in crypto markets are commonplace, this drop is sparking alarm bells across the community and beyond. A confluence of factors, including a massive whale transaction and dwindling ecosystem activity, has investors questioning SHIB’s future trajectory.