Shiba Inu Price Prediction: 66% YoY Plunge Sparks Fear, But Is This The Ultimate Buying Opportunity?

Fear's the name of the game for Shiba Inu traders right now. A brutal 66% year-over-year price cut has sentiment in the gutter, leaving many wondering if the meme coin's bark has lost its bite for good.

The Anatomy of a Meme Coin Correction

Let's be real—this isn't your average market dip. A drop of this magnitude shakes out weak hands and tests the conviction of even the most dedicated 'Shib Army' members. The charts tell a story of relentless selling pressure, with each minor rally getting smothered before it can gain any real momentum.

Beyond the Panic: What's Next for SHIB?

History loves a contrarian play. While the herd runs for the exits, seasoned crypto practitioners are watching for the classic signs of capitulation. Extreme fear often precedes major trend reversals. The real question isn't about today's price—it's about where the network's development and community engagement go from here. Meme coins live and die by their narratives, and a new one might be brewing in the silence.

Remember, in traditional finance they'd call this a 'correction' and charge you a 2% management fee to watch it happen. In crypto, you get the front-row seat for free. The current fear could be setting the stage for the next explosive move—whether that's up or down is what separates the gamblers from the investors.

First-Ever Weekly Death Cross Signals Deeper Decline Ahead

Adding to the concerns, technical indicators show that Shiba Inu has completed its first-ever weekly death cross this year, where the shorter moving average crossed below the longer one, a classic bearish signal.

The token is now trading at $0.00000706, down about 3%, and more significantly, it’s breaking below a critical horizontal support level that had held since early 2023.

The descending trendline from the 2024 highs continues acting as resistance, with price moving lower within this downward channel.

What’s particularly concerning is that oscillators at the bottom show weakness, with both indicators hovering in the lower range around 37 and 31, suggesting diminished momentum and potential oversold conditions that haven’t yet triggered a bounce.

The technical setup reflects analysts’ expectations of continued decline, likely targeting psychological levels significantly lower than current prices.

Without a catalyst to break this pattern, the path of least resistance appears to be further downside, especially if the broken support level now acts as resistance on any attempted recovery.

Analyst Declares SHIB “Dead” Unless Key Support Reclaimed

Crypto analyst Nebraskangooner has delivered the verdict that Shiba Inu is now “dead unless it reclaims the $0.00000135 support level.”

This represents a critical threshold that could determine whether SHIB can mount any meaningful recovery or continue its descent into 2026.

The confluence of technical breakdown, weakening momentum indicators, and deteriorating market sentiment paints a challenging picture for SHIB holders.

The completion of the weekly death cross, combined with the break below multi-year support, suggests the bearish structure could persist without significant fundamental catalysts.

For SHIB to reverse this trend, it WOULD need to reclaim the broken support level, ideally with strong volume and momentum shifts in the oscillators.

Until then, traders remain cautious as fear continues dominating sentiment around one of the original 2021 cycle memecoins.

Pepenode Emerges as New Memecoin Alternative

With Shiba Inu and other 2021 cycle memecoins entering bearish territory, new cycle memecoins like Pepenode (PEPENODE) are seeing attention turn to them as fresh opportunities for investors.

Pepenode is a crypto project that’s raised over $2.3 million despite the current challenging market conditions.

The project combines gaming mechanics with token mining, allowing users to “mine” coins without expensive computer equipment.

You play the game in your web browser, set up VIRTUAL mining rigs, and upgrade your facilities to earn 20% bonuses in real PEPE tokens.

The project aims to replicate the success of early-stage PEPE, which surged over 1,000X during the 2023-24 memecoin rally.

As more participants acquire Pepenode’s mining rigs, the token price is expected to appreciate.

The presale offers tokens ateach, with purchases available using ETH, BNB, or USDT.

Buyers can also use credit or debit cards for quick transactions.

To join the presale before price increases, visit the official Pepenode website and connect a crypto wallet like Best Wallet.