June 1, 2025

Is Shiba Inu’s Rally a Dead Cat Bounce, or the Start of a Recovery?

1 min read

Shiba Inu (SHIB), the popular meme coin, has shown signs of recovery after a prolonged period of downward pressure, posting a 4% gain in the last 24 hours and holding above a crucial support level of $0.000018 after weeks of downward pressure. Despite the recent price uptick, Shiba Inu’s 24-hour trading volume has dropped by The post Is Shiba Inu’s Rally a Dead Cat Bounce, or the Start of a Recovery? appeared first on Coin Edition .

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