📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Analysis: SHIB surged and then fell back, Whale reducing position pressures the short-term market.
PANews May 21 news, according to CoinDesk, the price of Shiba Inu (SHIB) rose 16% this month but quickly fell back to $0.00001457 after reaching $0.00001492. Despite a 24-hour burn rate skyrocketing by 106,040%, on-chain data shows that Whale net outflows have decreased by 311%, and active addresses have dropped by 68% since last December. The current range of $0.000014–$0.000015 has become a key support resistance zone, and the technical outlook remains in a downward channel, with a short-term rebound likely facing significant breakeven selling pressure.