Shiba Inu (SHIB) opened the week on a silent note, trading around $0.000021 for most of the day and threatening to extend its months-long consolidation into the new week.

Notably, since tapping a high of $0.000045 in March 2024, the second-largest meme coin has remained in a sideways trend, down 8.9% in the past 30 days, even as other cryptocurrencies, such as XRP ($3.18)...