The meme cryptocurrency Shiba Inu has experienced intense market pressure, with a 9% loss in the past week and a 40% drop since January 2025.Bitcoin's recent drop to $74,000 has triggered a broader sell-off in the cryptocurrency market, affecting Shiba Inu and other altcoins.The Shiba Inu development team is working on new technologies, aiming to focus on actual utility over market hype.Despite the recent decline, the Shiba Inu team remains optimistic, setting ambitious price targets and indicating potential for long-term growth.