Shiba Inu $0.0001 Target Slips on High Supply, Weak Metrics
Shiba Inu (SHIB) has plunged about 52% year-to-date to around $0.00001019, far from its $0.0001 target. With a circulating supply near 589.24 trillion tokens, hitting $0.0001 would require a market cap of about $58.9 billion. Analysts say burning tokens or off-exchange accumulation to cut supply to 100 trillion could lower this to $10 billion. Meanwhile, Shibarium’s total value locked remains under $1 million since early October, and daily transactions have fallen below 20,000. Reduced transparency from lead developer Shytoshi Kusama has added uncertainty. New meme coins like Official Trump token are siphoning retail funds from SHIB. Experts agree that only a coordinated mix of sustained token burn programs, clear developer communication, renewed community engagement and real ecosystem usage can revive momentum. Without these catalysts, the chance of Shiba Inu reaching $0.0001 in the near term remains low.
Bearish
Shiba Inu’s price has dropped over 50% year-to-date, while its vast token supply and weak on-chain metrics heighten the market cap barrier to reach $0.0001. Persistent low TVL and transaction volume on Shibarium, combined with reduced developer transparency and competition from new meme coins, undermine near-term bullish momentum. Without significant token burns, renewed community engagement and clear ecosystem rollouts, SHIB’s path to $0.0001 remains distant. Traders may remain cautious, likely favoring alternative tokens with stronger fundamentals in the short term, although coordinated improvements could gradually restore confidence over the long term.