Current Date:February 22, 2025

Shiba Inu Hard Days: Network activity is at the lowest level!

In the first weeks of 2025, he had a peak of interest in breast coins. However, this excitement quickly extinguished and Shiba Inu (Shıb) is one of the most affected by this decline. So, what does this mean for the future of Shıb?

Shiba Inu Network Activity sharp decline

According to On-Chain data, the number of new addresses traded by SHIB is rapidly decreasing. Centimeter data show that new addresses have decreased by 62 %since January 19. In particular, only 1,814 new addresses were created on Sunday. This was recorded as the lowest level of the year.

In addition, the daily wallet addresses active in SHIB operations have decreased significantly. On February 9, 4,690 active address shib transactions. This number was 53 %below the 9,928 active address recorded on January 19. This decline shows that the interest in Shıb has decreased and that investors move away from breast coins. The decrease in the active addresses of an asset usually leads to price drops and volatility. For Shıb, the situation is no different. This slimming in network activity increases Shıb’s risk of losing further.

Price estimation: Can the decline continue?

Shıb’s daily price graph is moving under a trend line that has been falling since December. This line shows that the price of the asset constantly makes lower peaks. This means that sales pressure dominates the market.

If this trend persists, the price of SHIB may drop to $ 0.000014. However, if the new demand increase is experienced, Shıb may increase to $ 0.000018 by breaking the falling trend line. This scenario can be promising for investors.

Conclusion: Shiba Inu’s future is uncertain

Shiba Inu is going through a difficult period with the decrease in the popularity of breast coins. The decrease in network activity and the negative signals in the price graph show that Shıb may lose value in the coming days. However, due to the variable nature of the crypto market, Shıb has a rapid recovery.

Investors should pay attention to both technical indicators and market trends when deciding on the future of Shıb. In particular, the new demand increase and the improvement in network activity may enable SHIB to rise again. However, the current picture reminds us that it should be careful.

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