Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Metaplanet’s Bold Bitcoin Move Sparks Market Attention

    Crypto Market Soars With Bitcoin Leading Q2 Gains

    Strategy’s Potential S&P 500 Inclusion Hinges on Bitcoin Stability

    Strategy’s S&P 500 Eligibility Hinges on Bitcoin Price Stability

    Michael Saylor’s Strategy Nears S&P 500 Inclusion

    Michael Saylor Advocates Ending Bitcoin Mining Double Taxation

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Former Standard Chartered Exec Introduces New Blockchain for Finance Apps

    Robinhood Executes Tokenized OpenAI Share Transfer via Arbitrum

    Robinhood Successfully Transfers OpenAI Shares via Arbitrum

    Robinhood Transfers OpenAI Shares via Arbitrum

    Robinhood’s Vlad Tenev Confirms OpenAI Share Transfer via Arbitrum

    Ripple Agrees to $125M Settlement, SEC to Withdraw Appeal

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Shiba Inu Price Drops 6% as Whale Transactions Surge

Solomon M. by Solomon M.
May 17, 2025
in Altcoin News
Key Points:
  • Price dips indicate market instability, whale activity suggests recovery.
  • SHIB price hit $0.0000143 after a 6% drop.
  • Whale transactions suggest potential upward trend soon.
shiba-inu-price-drops-6-as-whale-transactions-surge
Shiba Inu Price Drops 6% as Whale Transactions Surge

Shiba Inu, a prominent meme token, saw a 6% decrease in price, reaching $0.0000143. On May 17, 2025, the broader meme coin market faced a retracement, coinciding with increased whale transactions.

Shiba Inu’s recent decline marks another episode of meme coin volatility, impacting investor sentiment and indicating potential market shifts. Community-wide scrutiny captures the meme sector’s precarious nature and optimistic recovery signals.

Shiba Inu’s price fell by 6%, startling the market. The meme coin sector experienced a unified dip, causing concerns yet attracting “whale” investors. This scenario unfolded without significant public comment from the SHIB team or industry leaders.

Leadership and Official Statements

Led by anonymous creator Ryoshi, Shiba Inu is now managed by Shytoshi Kusama, who oversees development. Kusama, however, has not publicly addressed the recent price drop or whale activity within official channels, maintaining the project’s enigmatic aura.

“As of May 17, 2025, there are no direct official statements on Twitter or project blogs regarding this specific price move or whale activity.” — Shytoshi Kusama, Lead Developer and Spokesperson, Shiba Inu

The downturn affected other meme tokens, but the broader cryptocurrency market remained steady. Notably, a $2 million liquidation of long SHIB positions indicates both volatility and future prospects as whale activity suggests rebound potential.

Market Analysis and Predictions

Financial implications include the challenging volatility facing meme tokens, marked by long position liquidations and heightened whale transactions. Analysts note the market’s speculative nature, anticipating short-term volatility followed by a likely gradual recovery.

Predicted outcomes involve potential price recovery facilitated by whale transactions and historical trends. The technical double-bottom pattern hints at bullish prospects for Shiba Inu, signaling speculation and strategic investment from prominent investors in the ecosystem.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Northern Mariana Islands Approves MUSD Stablecoin After Veto Override

Next Post

Meme Coins DOGE and SHIB Face Market Pressure

Solomon M.

Solomon M.

Related Posts

Former Standard Chartered Exec Introduces New Blockchain for Finance Apps

by Solomon M.
July 1, 2025

Former exec of Standard Chartered launches a new blockchain for finance apps, impacting tokenization strategies.

Robinhood Executes Tokenized OpenAI Share Transfer via Arbitrum

by Solomon M.
July 1, 2025

Vlad Tenev confirms transfer of $1M OpenAI shares using Arbitrum, enhancing retail access.

Robinhood Successfully Transfers OpenAI Shares via Arbitrum

by Solomon M.
July 1, 2025

Robinhood's CEO confirms the $1 million transfer of tokenized OpenAI shares to Europe via Arbitrum.

Robinhood Transfers OpenAI Shares via Arbitrum

by Solomon M.
July 1, 2025

Robinhood CEO Vlad Tenev confirms tokenized OpenAI shares transfer to Europe via Arbitrum blockchain.

Robinhood’s Vlad Tenev Confirms OpenAI Share Transfer via Arbitrum

by Solomon M.
July 1, 2025

Robinhood CEO Vlad Tenev confirms the tokenized transfer of OpenAI shares using Arbitrum's Ethereum Layer-2 network.

Ripple Agrees to $125M Settlement, SEC to Withdraw Appeal

by Solomon M.
July 1, 2025

Ripple and SEC settle legal dispute with a $125M penalty, marking the end of a lengthy legal battle.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.