Following the devastating collapse of Shiba Inu, the path to $0.0001 is gradually becoming a marathon without a finish line.
Since Shiba Inu reached its previous all-time high (ATH) of $0.00008845, many community members have been looking forward to when the token would set a new record price of $0.0001 and beyond.
While the path toward $0.0001 seemed moderate a few months ago, it now feels very distant in practical terms. For context, several analysts predicted that Shiba Inu would clinch the $0.0001 price milestone this year. Notably, market pundit “Anonymous” predicted that SHIB would surpass $0.0001 and surge to $0.00017 – $0.00032 by the end of 2025.
Popular analyst Eunice Wong also predicted that SHIB would trade at $0.000125 during this bull run. Similarly, top crypto stakeholder Himanshu Maradiya envisions the $0.0001 target also playing out this year.
Path to $0.0001 Now Difficult
At the moment, Shiba Inu is trading at $0.00001015, which means the token must soar 885% from the current level to reach the $0.0001 price milestone. Back in December, when SHIB peaked at $0.00003329, it only needed a 200% rally to reach that level.
Since Shiba Inu has dropped significantly from its December high, it now requires a bigger price move to reach $0.0001. While many remain optimistic that SHIB will reach $0.0001, the target is becoming a “marathon without a finish line.” For context, Shiba Inu has fallen 52.1% since the beginning of the year.
Factors Hindering SHIB’s Potential Surge to $0.0001
The momentum needed to drive SHIB to $0.0001 is elusive, and the reasons are as follows.
Large Supply
Despite the community’s efforts to burn tokens, Shiba Inu still has a massive supply of 589.24 trillion tokens, potentially making rallies less impactful on the price. Based on Shiba Inu’s enormous supply, its market cap and liquidity must increase significantly to reach the milestone.
To put this into perspective, Shiba Inu would reach a market valuation of $58.92 billion if its price climbed to $0.0001, based on its current circulating supply of 589.24 trillion tokens. However, if the token’s supply were reduced to around 100 trillion, it would only need a $10 billion market cap to hit the same price target.
Weakening Ecosystem Activity
Currently, activity within the Shiba Inu ecosystem has slowed significantly. The total value locked (TVL) on Shibarium has remained below $1 million since October 8, reflecting waning DeFi activity across the network.
Likewise, daily transactions have dropped below 20,000—a sharp decline from the 4 million recorded earlier this year—underscoring a major cooldown in user activity and on-chain participation.
Earlier catalysts, such as the metaverse and non-fungible tokens, that were expected to drive adoption and boost prices have had little to no visible impact on market performance.
Low Team Engagement and Its Preference for Anonymity
The ecosystem team has shown limited activity in recent weeks, with lead developer Shytoshi Kusama even setting his X account to private, further fueling concerns about the project’s current momentum.
The team has also continued to hide their real identities behind pseudonyms, potentially eroding investors’ confidence in SHIB. Critics have highlighted this practice as the reason Shiba Inu has yet to attract big institutions or asset managers willing to file for a SHIB ETF.
Heightened Competition from Other Meme Coins
Rival meme-based cryptocurrencies have been competing with Shiba Inu over the past few years. The competition has gained momentum following the launch of new meme coins, including the Official Trump token (TRUMP) in January.
Amid the growing competition, investors who once backed SHIB are gradually shifting their capital to these meme coins, making it hard for SHIB to achieve a substantial rally.
Declining Momentum in the Community
The once-powerful community momentum that fueled Shiba Inu’s historic 2021 rally is gradually fading. Unlike during the surge that pushed SHIB to its all-time high of $0.00008845 in 2021, enthusiasm among supporters has notably waned.
Many longtime holders are now disappointed with recent developments in the ecosystem, either remaining silent or redirecting their attention to other projects, thereby limiting the possibility of SHIB rallying to $0.0001.
Conclusion
For SHIB to realistically reach $0.0001, several key factors must align. They include impactful ecosystem rollouts, large-scale token burns to reduce the circulating supply, a broader market rally, the revival of strong community momentum, and greater transparency from the development team.
Until these catalysts emerge, the journey toward $0.0001 may remain a marathon without a clear finish line.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
