In the first weeks of 2025, the breast coin frenzy, which was observed in the crypto market, was greatly reduced, and one of the most affected by this was Shiba Inu (SHIB). Shıb, who saw a strong print pressure at the beginning of the year, faced the rapid fall of demand in recent weeks.
Shiba Inu (SHIB) investors withdraw
According to On-Chain analyzes, it is seen that there is a significant decrease in the number of new addresses that process with Shıb. According to centimeter data, the number of new addresses that have been trading SHIB since January 19 decreased by 62 %.
In this context, only 1,814 new Shiba Inu address was created on Sunday, which was recorded as the lowest daily level of the year. The decrease in interest in breast coin speculation shows that Shıb had difficulty protecting the initial HYPE.
In addition, the number of daily active addresses experienced a significant decrease. When the market movement, which rises with the effect of Trump and Mellania, lost speed, the number of active addresses engaged in SHIB operations declined.
For example, on February 9, the number of active wallets that performed at least one Shiba Inu was 4,690. This means a decrease of 53 %compared to the 9,928 active address summit recorded on January 19th.
The decline in the number of daily active addresses of an asset and the new demand indicates that the interest of investor has decreased and the market is weakened. This may cause lower trading volumes and a market feeling of decrease.
Shiba Inu Price Estimation: Stuck under the falling trend line
In daily graphs, the price of Shiba Inu continues to be traded under the trend line that has fallen since December 9th. This is known as a decrease trend model in which the price creates lower peaks over time and indicates that sales pressure in the market prevails.
In this scenario, the price of SHIB seems likely to decline to $ 0.000014. On the other hand, in case of a sudden increase in the new demand, Shiba Inu price can reach $ 0.000018 by rising above the falling trend line.
