Shiba Inu (SHIB) has experienced its first weekly death cross in 2025, as reported in early November. The cryptocurrency's price dropped below $0.00001 in October, reaching a low of $0.000007448. Analysts attribute this decline to macroeconomic pressures and challenges within the Shiba Inu ecosystem.
Despite the downturn, investors are looking ahead to potential catalysts in 2026. Key developments include the possible passage of the CLARITY Act, advancements in Fully Homomorphic Encryption (FHE) on Shibarium, and the prospect of a U.S. spot ETF listing for SHIB. These factors are expected to influence the altcoin's future trajectory.
Shiba Inu Faces First Weekly Death Cross in 2025 Amid Market Pressures
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
