SHIB Price Meltdown: Why the Worst May Be Yet to Come?

The Shiba Inu price has been grinding lower on the daily chart, and fresh U.S. economic data only adds fuel to the bearish fire. August’s Bureau of Economic Analysis release shows income growing at just 0.4 percent while personal consumption outpaced that at 0.6 percent. The savings rate dropped to 4.6 percent. In plain terms, Americans are spending more than they’re earning, relying on savings buffers that are already thinning. Risk assets like SHIB thrive when consumers and retail investors have excess liquidity, but this report signals the opposite: money is tightening, and speculative flows are drying up.