Shiba Inu (SHIB) Price Drama: Adding Zero No Longer Threat, Deleting It Now Goal

For months, the Shiba Inu (SHIB) price saga could best be described as a game of survival. Traders were not in it for the glory, but rather just trying to avoid the dreaded addition of another zero to its value. The poor thing was inching dangerously close to collapse, with every dip sending SHIB enthusiasts clutching their phones, hoping to see some miracle on their screens. Spoiler alert: it wasn’t looking pretty. 💸

Enter last Friday, already dubbed “Black Friday” by SHIB-watchers – and not for the reasons you’d think. The worst-case scenario came to life, and instead of agonizing over the prospect of another zero being added, people started talking about the unthinkable: deleting one. Yes, you heard that right. Delete. A. Zero. 🚀

As of today, the Shiba Inu coin sits at a tantalizing $0.00000972, tantalizingly just under the ten-thousandth mark. In early October, it did the unthinkable and slipped below the $0.00001178 support level. It even flirted with the $0.000006 mark for a brief, horrifying moment when liquidity evaporated. A great day for the SHIB fans who needed a new cause for therapy! 😬

But here’s the twist. While this steep decline didn’t exactly scream “recovery,” the fact that SHIB has bounced back to nearly $0.00000970 has people whispering: “Could this base be the launchpad for a breakout?” And no, we’re not talking about the kind of breakout that involves a wild party with confetti and champagne. We’re talking about the sweet, sweet dream of deleting that pesky decimal point. Fingers crossed. 🤞

Meanwhile, whale activity has been as wild as ever. Billions of tokens have been whipped around like a bad episode of a reality show, proving that the sharks are still circling – no one’s abandoned ship yet. In fact, the holder count has crept up to a nice round 1,545,726 wallets, with transfers spiking by 3.15% in just 24 hours. For a market that’s supposedly dead, it sure is busy. 🦈💰

Bottom line

If SHIB is going to pull off the impossible and get rid of a zero, it’s going to need to crank up the volume, keep those whale-sized tokens off the exchanges, and set fire to its circulation with some serious burn mechanics. Easy, right? 💪

But here’s the kicker: the fact that we’re no longer talking about how to stave off a collapse but instead focusing on the dream of deleting a zero is a huge shift in sentiment. So, what does it mean? Well, the sentiment around SHIB is, let’s just say, “cautiously bearish” for now. But hey, anything’s possible when you’re dealing with a meme coin. 😅

Read More

2025-10-17 18:15