{"id":50992,"date":"2026-07-28T16:49:35","date_gmt":"2026-07-28T16:49:35","guid":{"rendered":"https:\/\/cryptd.in\/shiba-inu-shib-drops-20-from-its-recent-high-is-it-time-to-buy\/"},"modified":"2026-07-28T16:49:35","modified_gmt":"2026-07-28T16:49:35","slug":"shiba-inu-shib-drops-20-from-its-recent-high-is-it-time-to-buy","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/shiba-inu-shib-drops-20-from-its-recent-high-is-it-time-to-buy\/","title":{"rendered":"Shiba Inu (SHIB) Drops 20% From Its Recent High: Is It Time to Buy?"},"content":{"rendered":"<p>After several months of underperforming, the self-proclaimed Dogecoin killer finally posted a decisive rebound over the weekend. However, the pump was short-lived as the bears quickly intercepted the move and dragged the price down.<\/p>\n<p>The enthusiasm faded, while a well-known analytics platform outlined when the next buying opportunity might emerge.<\/p>\n<h2>Retail Attention Arrived Late<\/h2>\n<p>Just a few days ago, Shiba Inu <a href=\"https:\/\/cryptopotato.com\/shiba-inu-price-soars-35-on-a-dull-day-as-whale-returns-with-massive-shib-purchase\/\">nahran\u00e9<\/a> a sudden 35% price jump to reach a two-month high of around $0.00000582 (per CoinGecko). Some potential factors that may have acted as catalysts for the significant revival include a whale that has resumed accumulating after more than half a year of inactivity, as well as the notable resurgence of the burning mechanism.<\/p>\n<p>The bulls, though, lost momentum, and SHIB currently trades at roughly $0.000004631, representing a nearly 20% decline from the local high. The analytics platform Santiment <a href=\"https:\/\/x.com\/SantimentData\/status\/2081758976409027044\">noted<\/a> that amid the rally, there were 52 whale transactions in a single day, the most since March 31.<\/p>\n<blockquote>\n<p>\u201cActivity strongly suggests larger holders took profits into strength,\u201d it added.<\/p>\n<\/blockquote>\n<p>On the other hand, retail investors joined the party too late and chased the excitement near the top, \u201cgiving whales the liquidity needed to reduce their exposure.\u201d<\/p>\n<p>According to the entity, the smart approach with meme coins is to cash out when retail FOMO spikes, and re-enter once the crowd turns hostile and calls the token a scam.<\/p>\n<p>It seems like X user Crypto King had followed these rules. On July 26, the trader <a href=\"https:\/\/x.com\/CryptoKing4Ever\/status\/2081428278372352445\">noted<\/a> the double-digit price increase, the whales\u2019 accumulation, the exploding burn rate, and rising volume to open a short position.<\/p>\n<blockquote>\n<p>\u201cThese euphoric pumps have a habit of trapping late buyers\u2026 but the market loves proving people wrong,\u201d they said.<\/p>\n<\/blockquote>\n<h2>What Comes Next?<\/h2>\n<p>As mentioned above, SHIB lost its traction, while the broader cryptocurrency market <a href=\"https:\/\/cryptopotato.com\/crypto-markets-lose-80-billion-as-bitcoin-btc-dumps-to-63k-market-watch\/\">flashed<\/a> in red again, which could lead to a further downfall for the meme coin in the near term.<\/p>\n<p>The rising amount of tokens stored on exchanges serves as another warning. CryptoQuant\u2019s data shows that the figure has been constantly rising over the past several days, reaching a two-week high of around 86.7 trillion units. Such a development suggests that many investors have abandoned self-custody and flocked to centralized platforms, thus increasing immediate selling pressure.<\/p>\n<figure aria-describedby=\"caption-attachment-1444095\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/SHIB-Exchange-Reserve-2.png\"><img decoding=\"async\" class=\"wp-image-1444095 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/SHIB-Exchange-Reserve-2.png\" alt=\"SHIB Exchange Reserve\" width=\"1527\" height=\"732\" \/><\/a><figcaption class=\"wp-caption-text\">SHIB Exchange Reserve, Source: CryptoQuant<\/figcaption><\/figure>\n<p>The stalled activity on Shibarium is also worth mentioning. The layer-2 scaling solution, designed to foster the advancement of Shiba Inu\u2019s ecosystem, was once considered among the primary catalysts that could trigger a price increase for the meme coin. However, after an <a href=\"https:\/\/cryptopotato.com\/shib-army-alert-shiba-inu-team-explains-security-breach-are-funds-safe\/\">exploit<\/a> in September last year, the protocol saw a sharp decline in usage, dropping to merely hundreds or thousands of daily transactions.<\/p>\n<p>P\u0159\u00edsp\u011bvek <a href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-drops-20-from-its-recent-high-is-it-time-to-buy\/\">Shiba Inu (SHIB) Drops 20% From Its Recent High: Is It Time to Buy?<\/a> se objevil jako prvn\u00ed na <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>After several months of underperforming, the self-proclaimed Dogecoin killer finally posted a decisive rebound over the weekend. However, the pump was short-lived as the bears quickly intercepted the move and dragged the price down. The enthusiasm faded, while a well-known analytics platform outlined when the next buying opportunity might emerge. Retail Attention Arrived Late Just [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shiba Inu (SHIB) Drops 20% From Its Recent High: Is It Time to Buy? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/shiba-inu-shib-drops-20-from-its-recent-high-is-it-time-to-buy\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu (SHIB) Drops 20% From Its Recent High: Is It Time to Buy? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"After several months of underperforming, the self-proclaimed Dogecoin killer finally posted a decisive rebound over the weekend. 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