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Shiba Inu Slides to Two-Month Low as Trump Threatens Khamenei, Demands Unconditional Surrender
SHIB experienced a 3.5% decline amid broader crypto market losses and U.S. stock market weakness.
Updated Jun 18, 2025, 4:26 a.m. Published Jun 17, 2025, 6:15 p.m.
What to know:
- Shiba Inu (SHIB) experienced a 3.5% decline amid broader crypto market losses and U.S. stock fluctuations.
- The token faced a sell-off after failing to break the $0.00001230 resistance level, with trading volumes exceeding 1.2 billion tokens.
- Analysts link SHIB's performance to global economic factors and trade disputes, contributing to increased volatility in the cryptocurrency market.
, the world's second-largest meme token by market value, faced selling pressure alongside losses in the broader crypto market and U.S. stocks.
SHIB fell over 3.5% to 0.00001134, the level last seen on April 9, according to data source CoinDesk. Bitcoin, the leading cryptocurrency by market value, slipped nearly 3% to $103,800. The risk aversion happened after President Donald Trump downplayed reports of his administration seeking truce with Iran and threatened assassination of Iran's Supreme leader Ayatollah Ali Khamenei, calling for IRan's unconditional surrender in the ongoing war with Israel.
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SHIB's decline follows its rejection at the $0.00001230 resistance level Monday, which paved for the sell-off with exceptionally high trading volumes exceeding 1.2 billion tokens.
Support had briefly emerged at around $0.00001167 early today, but was eventually pierced by bears, driving prices lower.
Market analysts note that SHIB's performance reflects broader cryptocurrency market trends, which continue to be influenced by global economic factors and trade disputes between major economies.
As traditional financial markets respond to these tensions, cryptocurrencies like SHIB face increased volatility while traders closely monitor key support and resistance levels for signs of directional movement.
Key AI insights (Monday-Tuesday)
- Clear rejection at the $0.0000123 resistance level during the 20:00-21:00 timeframe.
- Aggressive sell-off with exceptionally high volume (1.23B and 1.31B) during the 22:00-00:00 period.
- Support emerged around $0.00001167, coinciding with high-volume buying interest.
- Bearish momentum appears to be losing steam as price consolidates in the $0.00001176-$0.00001182 range.
- Decreasing selling pressure evident in the diminishing volume profile.
- Increased volatility in the last hour, forming a notable price structure between $0.00001175-$0.00001182.
- Recovery attempt reached a local high of $0.00001182 at 13:30, accompanied by substantial volume (8.8B).
- Bullish momentum was short-lived as sellers returned at 13:44, driving price down 3% with exceptional volume (9.7B).
- Final minutes show consolidation around $0.00001175, with decreasing volatility and volume suggesting exhaustion of selling pressure.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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XRP Faces Downside Risk as Social Sentiment Turns Wildly Negative
The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside if risk appetite weakens across majors.
What to know:
- XRP's price approached the $2 mark as social sentiment around the token turned sharply negative, according to Santiment data.
- The token has experienced a 31% decline over two months, making it vulnerable to further losses if market risk appetite weakens.
- Santiment's sentiment model indicates XRP is in a 'fear zone,' where negative commentary significantly outweighs positive talk, potentially influencing market positioning.
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