Shiba Inu Price Prediction After Shibarium Hack, Investors Turn To PEPE & RTX
The post Shiba Inu Price Prediction After Shibarium Hack, Investors Turn To PEPE & RTX appeared on BitcoinEthereumNews.com.
Shiba Inu has faced a major setback after a hack on its Shibarium protocol, causing its price to drop sharply. Investors are now looking for safer options as the crypto market experiences turbulence. Meme coins like PEPE are showing signs of a possible rebound, but many are turning their attention to Remittix (RTX). With real-world PayFi features, a live wallet beta, and ranking #1 on CertiK for prelaunch tokens, Remittix provides a practical way to protect investments while staying involved in crypto growth. Shiba Inu Price Falls After Shibarium Hack Shiba Inu price is currently $0.00001307. The coin has taken a heavy hit recently due to the broader crypto market downturn. Ethereum dropped to $4,500, and other major altcoins like Solana, Dogecoin, and Chainlink also fell by over 3%. The main blow to Shiba Inu came from a hack on Shibarium, its largest DeFi protocol. The attacker used a flash loan of 4.6 million BONE tokens worth $2.3 million. They also gained control over 10 of 12 validator signing keys, allowing them to approve state checkpoints. This led to the theft of 224 ETH (over $1 million) and 92.6 billion SHIB tokens (over $1.27 million). The SHIB price has fallen below the 50-week EMA, showing that bears are in control. The weekly chart shows a symmetrical triangle forming, which is part of a bearish pennant pattern. When the two lines converge, a strong bearish breakout is likely. If this pattern plays out, the Shiba Inu coin price could fall to around $0.000005955, its lowest level in 2023. This represents a potential drop of about 55% from the current level, which is a warning for investors looking at Shiba Inu price prediction for the near term. PEPE Price Gains Momentum PEPE price is currently $0.00001085. After slowing down over the last…
Filed under: News - @ September 17, 2025 6:27 am