Shiba Inu is still struggling, down nearly 93% from its all-time high of $0.00008616 as per data. As of April 2026, $SHIBtrades around $0.000006, marking a big drop from its January levels near $0.00000923. The downtrend has stretched over the past three months, showing little sign of recovery.
Why $SHIBPrice Is Falling
However, the decline isn’t coming from just one factor. A mix of weak on-chain activity, falling trader interest, an