# Shiba Inu slides 2.5% as Bitcoin and other majors dip

**Published:** 2026-06-18T13:08:37.376Z  
**Topic:** Shiba Inu  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/474b1d85-981f-489b-a394-25d8586ad034

Shiba Inu falls 2.46% to $0.000004842, Bitcoin down 0.91% and Dogecoin off 1.64% – see the latest price moves and on‑chain volume.

Shiba Inu (SHIB) dropped 2.46% in the last 24 hours to $0.000004842, a move that mirrored a broader market pullback where Bitcoin, Ethereum and several other large‑cap tokens also slipped, tightening liquidity across the meme‑coin segment【1】.

| At a glance | |
|---|---|
| Price (SHIB) | $0.000004842 |
| 24h Change (SHIB) | –2.46% |
| Market Cap (SHIB) | $2.85 B |
| Catalyst | Broad market sell‑off (BTC, ETH, DOGE) |

## Market breadth drives the dip
Bitcoin (BTC) fell 0.91% to $64,329, shaving roughly $11 B off its $1.29 T market cap, while Ethereum (ETH) slipped 0.44% to $1,747, leaving its $210.94 B cap largely unchanged【2】. Dogecoin (DOGE) added pressure, sliding 1.64% to $0.084696 and trimming its $14.43 B market cap. Even XRP, a traditionally defensive asset, was down 2.50% at $1.1678, erasing $1.89 B from its $72.47 B valuation【2】. The coordinated declines suggest that investors are reacting to macro‑level risk sentiment rather than token‑specific news.

## Shiba’s on‑chain dynamics
SHIB’s circulating supply sits at 589.24 T tokens, underpinning a $2.85 B market cap, while spot trading volume over the past day was $14.91 M and futures volume $89.59 M【1】. Open interest of $36.21 M indicates that leveraged positions remain sizable, but the $67,816 liquidation figure shows limited forced exits so far. Compared with its 7‑day gain of +2.11%, the 24‑hour drop highlights short‑term volatility amid the broader market sell‑off.

## Relative positioning
Against its recent range, SHIB’s price is still above the 7‑day low (approximately $0.0000045) but below the 24‑hour high, suggesting that the token may find support near its current level if the broader market stabilises. The token’s market‑cap rank (29th) remains unchanged, reflecting that the price move is largely a proportional shift with peers rather than a structural breakout.

## What to watch
- **Key price thresholds:** $0.0000045 (near‑term support) and $0.0000050 (short‑term resistance) for SHIB.  
- **Liquidity shifts:** Spot volume crossing $20 M could signal renewed buying interest.  
- **Macro events:** Any upcoming macro‑economic data releases or major regulatory statements that could sway risk appetite across the crypto market.

The simultaneous dip across meme and blue‑chip tokens underscores how tightly linked sentiment is across the crypto ecosystem; whether SHIB can hold its current level will depend on broader market risk appetite as well as any fresh inflows into its futures market.

## Sources
1. Coinglass — [Shiba Inu (SHIB) Price Today, Futures & Spot Data | CoinGlass](https://www.coinglass.com/currencies/SHIB)
2. Tradingview — [All Crypto Prices and Market Cap on One Page — TradingView](https://www.tradingview.com/markets/cryptocurrencies/prices-all/)
3. CoinMarketCap — [Ethereum price today, ETH to USD live price... | CoinMarketCap](https://coinmarketcap.com/currencies/ethereum/)

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Cite as: TrendWatcher, "Shiba Inu slides 2.5% as Bitcoin and other majors dip", https://www.trendwatcher.in/article/474b1d85-981f-489b-a394-25d8586ad034