Shiba Inu (SHIB) is facing a challenging market environment. After losing over 11% of its value in June 2025, the trend appears to continue into July. As of July 2, SHIB’s price stood at 0.0000113 dollars, while the daily trading volume dropped to a mere 94 million dollars, indicating waning investor interest. Analysts are keeping a close eye on this cryptocurrency to understand the underlying factors contributing to this decline. Will Shiba Inu recover, or is this the beginning of a longer trend downwards?