Shiba Inu (SHIB) achieved meme coin fame before entering a precarious situation. During the previous week Shibas Inu lost more than 10% of its value as its February market crash exceeded 30%. The cryptocurrency faces imminent danger as two vital support zones exist at $0.

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Shiba Inu (SHIB) burn rate up 11.82% weekly, but 24-hour burns drop 27.19%. SHIB price falls 7.03% to $0.00001341, facing resistance.

Shiba Inu has suffered a substantial value decline surpassing 26% this month and has affected analysts’ bullish Shiba Inu prediction.   The cryptocurrency market value of SHIB stands at $0.000014 while the market capitalization is approximately $8.

The year, crypto fans have taken a beating with several of the asset-backed tokens, AI coin presales, and the meme coin presales losing billions of dollars cumulatively. Among the most well-known of the now-dominant projects under heightened scrutiny is SHIB,

Mutuum Finance (MUTM) is quickly becoming one of the top performers, set to unseat leading meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB). At the time of press, Shiba Inu is trading at $0.00001413 and Pepe Coin at $0.