Shiba Inu (SHIB) has declined about 17% in the past two weeks, reflecting growing weakness in meme cryptocurrencies.
If key support levels fail, analysts warn the token could potentially fall as much as 75% from current prices.
Despite the decline, the SHIB ecosystem continues to develop through projects like Shibarium and token-burning initiatives.
Shiba Inu (SHIB), one of the most renowned meme cryptocurrencies, has dropped in price over the past two weeks. The token has fallen about 17%, showing that traders have continued to sell their holdings.
SHIB is trading near $0.0000054 at press time. In India, the price is roughly Rs. 0.00051 per coin. Its total market value is around $3.2 to $3.3 billion, which places it among the top 40 cryptocurrencies in the world.
This dip is not exclusive to SHIB. Other meme coins like Dogecoin and Pepe have lost value recently. Meme coin movement shows that investors are being more careful with highly speculative crypto assets.
Buying activity has slowed down while selling pressure has increased.
Since February, the price chart has shown a pattern where every small rise is followed by another fall. Traders call this a series of lower highs, which usually signal weak momentum.
One important price level is $0.000007. SHIB has tried several times to move above this level. When a coin fails to move above a resistance level, traders often consider this to be market weakness.
Another level traders are watching is around $0.0000055. This area is considered a support level where buyers usually step in. If SHIB price dips below this level, the token’s decline could continue.
Some analysts think the recent drop might not be the end of the correction.
If SHIB breaks below key support levels, certain technical models suggest the price could fall to around $0.00000138. That would mean about a 75% drop from current prices.
This kind of fall could happen if the overall crypto market weakens. When large coins like Bitcoin struggle, smaller altcoins usually fall harder because they carry more risk.
Another issue is the slowdown in token burns. Token burns permanently remove coins from circulation. When burn activity decreases, fewer coins disappear from the supply, which can reduce upward pressure on the price.
Also Read - Will Shiba Inu Reach $1 in 2026? A Realistic Look
Meme coins became extremely popular during previous crypto bull runs. Their strong online communities helped them grow quickly.
However, these coins are also known for large price swings. Much of their value depends on hype and investor sentiment rather than strong real-world use.
When market excitement fades, meme coin prices can drop quickly. Many investors have been moving money into larger and more established cryptocurrencies recently.
Even with the recent decline, Shiba Inu still has a very large community. The project is also building its ecosystem with developments such as Shibarium, a layer 2 network designed to support applications and transactions. The meme coin is also continuing token burn programs to slowly reduce SHIB supply.
Also Read - Shiba Inu at Critical Lows: Smart Money Buying or More Pain Ahead?
The future direction of SHIB is still uncertain. If the current support levels hold, Shiba Inu price could stabilize or rise slightly. If those levels break, further losses may follow.
Meme coins are known for unpredictable moves. A surge in social media interest or new developments in the ecosystem could quickly change the market sentiment.
For now, traders are closely watching the next move in the broader crypto market and if buyers return to the meme coin sector.
1. Why has Shiba Inu (SHIB) fallen recently?
SHIB has dropped mainly due to weak market sentiment, selling pressure across meme cryptocurrencies, and reduced momentum in the broader cryptocurrency market.
2. How much has SHIB fallen in the last two weeks?
Shiba Inu has declined by around 17% over the past two weeks, according to recent market data.
3. Could SHIB really drop 75%?
Some analysts believe a deeper correction is possible if major support levels are broken, which could push the price significantly lower.
4. What is SHIB’s current price?
As of early March 2026, SHIB is trading near $0.0000054, with a market capitalization of roughly $3.2–$3.3 billion.
5. Does Shiba Inu still have long-term potential?
The project continues developing its ecosystem through Shibarium, decentralized applications, and token burns, which supporters believe could help long-term growth.
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