- *Shiba Inu price consolidates at $0.000015 after a 3.6% correction on Wednesday.*
- *A Chinese firm acquired $300 million worth of Trump’s official memecoin, sparking sector-wide jittery.*
- *91.4 trillion SHIB Age Consumed signals resilience among SHIB long-term holders.*
The coin dropped sharply in the afternoon on Wednesday but, nonetheless, closed above $0.000015 after a 4% correction. Rumor has it in the cryptosphere that the SHIB stumble might have resulted from this Chinese company buying $300 million of Trump’s memecoin, leading to that turbine of uncertainty in the Shibaverse.
* Shiba Inu (SHIB) holds $0.000015 support level as Chinese firm triggers memecoin s ector volatility *
The dinosaur meme called a Shiba Inu falls. One big whale buy erupts crashing the meme coin kingdom. The meme coin SHIB took a dip to $0.000015 on Wednesday, losing 4% on account of the $300-million splash, funds that found themselves funneled into the official token of Trump. The purchaser? Rumors are swirling that a Chinese technology firm with a connection to investors of TikTok has entered the very volatile terrain of meme coins.
According to Coingecko data, SHIB’s decisive close above $0.000015 means bulls maintain 7-day timeframe gains of 25%.

Shiba Inu (SHIB) Price Action, May 15, 2025 | Source: Coingecko
The very acquisition of the Trump coin unleashed waves of euphoria, which has now turned into a chilling atmosphere settling over the memecoin market. Rumors of manipulation have begun spreading as the size of the Trump Coin deal itself is just too colossal, amounting to 11% of the entire sector’s $2.7 billion market cap. Have we just witnessed a power grab, or is it a sneak peek into a pump-and-dump ready to go? The market is holding its breath.
The $300 million deal couldn’t be timed any worse as it reignited the debate about Trump’s dubious connection with the launch of USD1 stablecoin, a controversy that also threatens the passage of the GENIUS Act.
Consequently, heightened fears of impending regulatory action, and congressional scrutiny, fueled risk-off sentiment for SHIB and other memecoin holders.
Nine of the Top 10 Memecoins posted losses on Wednesday
The infamous TRUMP money series gave a $300 million splash that caused a Wednesday wobble for meme coins. No green candlesticks were to be found that day as the top ten meme tokens ended the day red, one after another, according to Coingecko. No presidential meme is shielded from a market correction, it seems.
Memecoin Mania cools: With the market cap standing at $78.6 billion, it has seen a minor decline of 0.7% in the last 24 hours. While Dogecoin (DOGE), the alpha, slipped down by 2.4%, SHIB fell much further, down 3.6%. BONK-Solana also felt it as the momentum from meming took a breather with a 3.5% dip.

Top 10 Memecoins performance, May 15, 2025 | Source: Coingecko
Only Pudgy Penguins, an NFT based memecoin project managed to buck the negative trend, posting a considerable 8% uptick.
The memecoin market is transmogrifying with disturbance. Forgetting the established front-runners, the smart men from the trade exit the top dogs en masse and sail into the unexplored waters of mid-cap memecoins. The reason: quick innovation without the shackles of the US regulators. This is not merely a rotation; this is defiance.
* SHIB Age Consumed trends flat at 91.4 trillion as long-term holders show resilience *
Shiba Inu, it appears, is playing a truly long game, far from all meme frenzy. Yet, while the $300 million Trump Coin move caused ripples across the crypto pond, on-chain data tells a quite contrary tale for SHIB. Santiment’s “Age Consumed,” an important metric that looks at tokens mostly stagnant in wallets suddenly waking into action, tells of a very surprising indication-that Shiba Inu’s veteran holders appear unwilling to let go of their tokens, which only means that diamond paws are here to stay.
Shiba Inu saw its Age Consumed remain flat at 91.4 trillion tokens as of Thursday.

Shiba Inu Age Consumed vs. SHIB price | Source: Santiment
Unpeel the folds of events in the last three months, and very interestingly, a trend emerges: Age Consumed carving a path of steadily declining peaks, with the market occasionally moving in a slight upward direction. Such uncommon resilience, in the wake of a brutal industry-downturn, speaks bullishly for two reasons.
Midweek dip of 3.6% for Shiba Inu? Just short-term traders cashing in, and not the long-term believers bailing out. Disregard the Wednesday jitters that struck the meme coin market due to political noise since the Shiba core remains strong.
Following a sharp downturn, the relatively quieter on-chain activity for Shiba Inu is a resistance signal. Consolidation-based upward movement and momentum could be more probable than a washout.
This lack of significant token movement from dormant SHIB wallets implies that the conviction among holders remains firm.
If SHIB maintains the $0.000015 support and market sentiment stabilizes, an instant rebound toward $0.000018 could be on the cards.
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