Shiba Inu (SHIB) is facing another turbulent stretch. Over the past 24 hours, this popular meme coin has dropped by more than 2%, sparking concern among investors about whether SHIB could fall to a level where another zero is added to its price.

Under Pressure: SHIB Holds Above a Critical Threshold

According to CoinMarketCap, SHIB is currently trading at $0.00001259, down 2.68% on the day. Interestingly, the trading volume has surged — climbing 89% to $271.45 million over the same period.

For SHIB to add another zero to its price, it would need to fall below the $0.000010 support level. The last time the coin dropped this low was in February 2024, when it hit a bottom at $0.000009738. That level was tested again in April 2025, but so far SHIB has maintained higher support.

Bitcoin's Strength Could Pull SHIB Upward

Despite the ongoing correction, Bitcoin (BTC) remains in a price discovery phase, and many investors expect a breakout soon. If BTC rallies, it could lift altcoins like SHIB along with it, as has happened many times before.

Given the broader ecosystem developments, the likelihood of SHIB crashing and adding another zero remains low, even amid current volatility.

SHIB Holders Stay Confident, But June Is Historically Bearish

Investor sentiment around SHIB appears to be improving, with open interest in the token rising by 2.03%, indicating that traders are increasingly betting on a potential rebound.

However, June has traditionally been a bearish month for Shiba Inu — the token rarely finishes this period in the green. Still, crypto history is full of surprises, and many believe this could be the month the trend breaks.

Bottom Line

Although SHIB is experiencing a slight dip and high volatility, it is still trading above key support. Combined with increasing investor confidence and potential bullish momentum from Bitcoin, the scenario of SHIB adding another zero appears unlikely for now. June, however, will be a key test — either SHIB repeats its history or rewrites it.



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