Shiba Inu is gaining on the weekly and daily charts following Bitcoin (BTC’s) recent rise from $65,000 up to $67,000. According to CoinGecko dataSHIB has increased by 2,7% over the past 24 hours and 3% during the past week. Its value is up 3.2% compared to the month before. The price of the most popular cryptocurrency, SHIB, is currently down 0.2% over the past 14 days. It has also fallen 53.3% in total since March 20,25. Discuss if Shiba Inu’s (SHIB), the popular cryptocurrency, will be able to continue its rally and erase a zero or face another rejection.
Is Shiba Inu going to dip again or can it delete a zero?
Shiba Inu, or SHIB, last traded for $0.00001 in November. This asset has suffered significant losses since the October 20, 2025 crash. SHIB is on a downtrend since December 2024, when it regained $0.000032 after Bitcoin (BTC), which had just reached $100,000, was the catalyst for this.
Crypto market is losing steam. The market began to adopt a less risky approach due to increasing macroeconomic uncertainties and geopolitical conflicts. The US-Iran crisis fueled investor concerns. Shiba Inu, being a memecoin carries a significantly higher risk than other cryptoassets, such as Bitcoin, Ethereum, XRP and others.
Shiba Inu seems to follow Bitcoin’s trajectory (BTC). Following its recent decline, Bitcoin’s original currency is showing further signs of recovery. BTC, however, has encountered significant resistance in the range of $72,000 to $74,000. BTC could face another rejection around the $72,000 mark. Shiba Inu’s (SHIB), too, will probably suffer a similar fate. The recent crypto rally has been welcomed, but the market is far from recovering.
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It is not clear if Shiba (SHIB), given the long-term bearish sentiment will be able to delete zeros anytime soon. CoinCodex analyst SHIB is also painted in a negative light. Platform expects asset price to drop in the coming months to $0.000004862 at June 28, 2026.
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Source: watcher.guru
