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SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground

CoinDesk LogoCoinDesk12h ago

SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground - CoinDesk

Quick Summary:

SHIB dropped 5% on high volume but found support near $0.00001440.With over 1.13M loyal holders and ecosystem updates ahead, long-term sentiment stays firm.

While technical indicators show mixed signals with moderate bullish momentum but lacking strong breakout confirmation, AI predictions from platforms like Google's Gemini suggest potential growth to $0.00003 by 2025, representing a possible 105.9% increase from current levels.

This aligns with the team's strategy to enhance utility beyond meme status.


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SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground - CoinDesk (Picture 1)

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Article Details

Author / Journalist: AI Boost

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-24 @ 15:31:44 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 146 words

Reading Time: 1 minutes read

Sentences: 20 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28938245

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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