Shiba Inu Price Faces Bearish Pressure Amid Key Support Levels

TLDR

• SHIB’s price range is between $0.00001309 and $0.00001400.
• Previous rallies from this level saw increases of 400%.
• No new funding announcements have been made recently.

Shiba Inu (SHIB), a cryptocurrency often referred to as the “Dogecoin-killer,” has returned to a notable price level. Historically, this level has been linked to a 400% rally. The cryptocurrency community is closely watching the price range between $0.00001309 and $0.00001400, which has previously served as a springboard for significant price increases.

Unlike the previous rally, current indicators suggest increasing bearish pressure. This puts SHIB in a position where it is struggling to maintain key support levels. The community’s anticipation around this price zone reflects past performance, though there are no guarantees similar heights will be reached again.

Leadership and Community Influence in Shiba Inu’s Ecosystem

The Shiba Inu project remains led by notable figures in the cryptocurrency sphere. After the anonymous founder “Ryoshi” stepped back in 2022, Shytoshi Kusama took the helm as the Lead Developer. Kusama has since driven efforts to expand Shiba Inu beyond its meme token status through initiatives like Shibarium, which is their Layer 2 blockchain project.

Project leads and the broader developer community have continued to focus on enhancing ecosystem utility. This includes managing partnerships and technological upgrades. Despite these efforts, there have not been any recent official statements regarding the current SHIB price movements. The Shiba Inu team usually comments on official channels during major events, but such communications have not been noted during this phase.

Lack of Fresh Funding and Institutional Activity

As it stands, there have been no new announcements of funding, ecosystem grants, or institutional involvement tied to Shiba Inu’s recent price activity. This absence of new capital signals suggests that the latest changes in SHIB’s price have not been influenced by institutional decisions. The Shiba Inu foundation has focused financial updates on previous major project launches.

While SHIB’s treasury and funding activities are noted during significant introductions like Shibarium, the current price retrace has not prompted similar disclosures. This suggests a neutral stance from financial backers and institutional players at this point in time.

Impact on Related Tokens and On-Chain Activities

The recent SHIB price movements have particularly affected SHIB itself, as well as associated tokens including BONE and LEASH. These tokens are integral to the Shiba Inu ecosystem, playing roles in governance and ShibaSwap/DeFi activities. Ethereum, the base layer for Shiba Inu, is another critical player in the backdrop of these developments.

As Shiba Inu’s smart contracts, staking activities, and liquidity pools continue to operate on both Ethereum and Shibarium, past trends suggest immediate reactions in liquidity include potential net outflows, although verified data is pending. No official figures have been disclosed by the Shiba Inu team regarding current on-chain metrics like Total Value Locked (TVL) as of June 2025.

Historical Trends and Community Sentiment

The most recent visit to the support zone invokes memories of a past event when SHIB rebounded sharply from a similar price level, resulting in a 400% rally. Though this historical precedent exists, there is no certainty that the same outcome will occur again. Previous breakdowns under similar conditions have occasionally led to increased volatility.

Sentiment analysis on GitHub and Shiba Inu’s community channels, such as Discord and Telegram, indicates elevated anxiety but no coordinated response as of yet. The focus among developers remains on forward-looking initiatives such as Shibarium enhancements, with little attention on the immediate price action.

Crypto insights and analysis from platforms like CoinCodex provide additional perspectives on Shiba Inu’s trajectory. Investors are advised to stay informed through reliable cryptocurrency updates.