The cryptocurrency market continues to navigate choppy waters as global economic tensions weigh on investor sentiment.

Shiba Inu has established a resistance zone around $0.00001467-$0.00001470, where high-volume selling has prevented upward movement, according to CoinDesk Research’s technical analysis data model.

The formation of lower highs since recent peaks indicates increasing bearish pressure, though the token has found support between $0.00001426-$0.00001436.

Recent data shows Shiba Inu experienced a dramatic 74% decline in large transaction volumes, falling from 5.76 trillion SHIB to just 1.47 trillion in five days. This significant drop in whale activity has created a liquidity contraction in the ecosystem, with both inflows and outflows declining by over 80% in the past month.

Despite these challenges, several analysts maintain bullish outlooks on SHIB’s future.

Some point to the token’s expanding ecosystem, including Shibarium development, as reasons for long-term optimism. Changelly analysts predict SHIB could reach $0.0001 by 2029, while more ambitious forecasts suggest a potential $0.01 price point by 2040, though this would require significant supply reduction through token burns.

Technical Analysis Highlights

• SHIB exhibited notable volatility over the 24-hour period, with prices ranging from a high of $0.00001469 to a low of $0.00001425, representing a range of 3%.
• The token established a significant resistance zone around $0.00001467-$0.00001470, where high-volume selling emerged during the 13:00 and 17:00 hours, preventing further upward movement.
• Support levels formed at $0.00001426-$0.00001436, with the price bouncing off these levels multiple times, though the declining volume profile suggests waning buyer interest.
• The formation of lower highs since the 17:00 peak indicates increasing bearish pressure, with the price ultimately settling at $0.00001430, down 1.78% from the period’s high.
• In the last hour, SHIB demonstrated a notable recovery pattern, climbing from $0.00001427 to $0.00001431, representing a 0.28% gain.
• The token established a strong support zone at $0.00001429-$0.00001430, which successfully held during multiple tests at 07:26 and 07:30.
• Volume analysis reveals increasing buyer interest, with significant accumulation occurring during the 07:41-07:44 period when prices reached the session high of $0.00001436.
• The formation of higher lows since 07:56 suggests building bullish momentum, though resistance remains at the $0.00001433-$0.00001435 level where selling pressure emerged at 07:55.

External References

• «Shiba Inu (SHIB) Price Prediction for May 28: Can Bulls Retake $0.00001573 as Price Squeezes?«, Coin Edition, published May 27, 2025.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 3271.42, down 0.8% (-26.09) since 4 p.m. ET on Tuesday.

Eleven of 20 assets are trading higher.

Leaders: UNI (+5.5%) and DOT (+1.3%).
Laggards: SOL (-2.1%) and AAVE (-1.8%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

A newly discovered Linux malware campaign is compromising unsecured Docker infrastructure worldwide, turning exposed servers into part of a decentralized cryptojacking network that mines the privacy coin Dero DERO.

According to a report by cybersecurity firm Kaspersky, the attack begins by exploiting publicly exposed Docker APIs over port 2375. Once access is gained, the malware spawns malicious containers. It infects already-running ones, siphoning system resources to mine Dero and scan for additional targets without requiring a central command server.

In software terms, a docker is a set of applications or platform tool and products that use OS-level virtualization to deliver software in small packages called containers.

The threat actor behind the operation deployed two Golang-based implants: one named “nginx” (a deliberate attempt to masquerade as the legitimate web server software), and another called “cloud,” which is the actual mining software used to generate Dero.

Once a host was compromised, the nginx module continuously scanned the internet for more vulnerable Docker nodes, using tools like Masscan to identify targets and deploy new infected containers.

“The entire campaign behaves like a zombie container outbreak,” researchers wrote. “One infected node autonomously creates new zombies to mine Dero and spread further. No external control is needed — just more misconfigured Docker endpoints.”

To avoid detection, it encrypts configuration data, including wallet addresses and Dero node endpoints, and hides itself under paths typically used by legitimate system software.

Kaspersky identified the same wallet and node infrastructure used in earlier cryptojacking campaigns that targeted Kubernetes clusters in 2023 and 2024, indicating an evolution of a known operation rather than a brand-new threat.

In this case, however, the use of self-spreading worm logic and the absence of a central command server make it especially resilient and harder to shut down.

As of early May, over 520 Docker APIs were publicly exposed over port 2375 worldwide — each one a potential target.