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Popular meme coin Shiba Inu (SHIB) is trading at around $0.000012, a number that carries more weight than it seems — not because it is a key breakout level but because 12.61 trillion SHIB sit locked across over 56,000 wallets, as perIntoTheBlock. This creates a dense volume shelf that is keeping the token from dropping into five-zero territory.

This volume, held exactly at breakeven, acts like a pressure seal. Almost 90% of addresses are already in the red, but this pocket — just 1.29% of the total supply — is heavy enough to keep the price where it is.

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As long as these wallets remain neutral, neither cutting losses nor chasing exits,the Shiba Inu coin price will stay glued to this narrow range. However, any imbalance — even a slow bleed — could send the token into a lower decimal bracket, changing the tone of the entire market conversation.

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The $0.000011 to $0.000012 price range is historic. It is the same range that repeatedly appeared on the chart in March and April, causingSHIB to bounce between recovery attempts and slow fades lower.

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Now, as the price drifts back into that zone with lower volume and weaker conviction, the stakes have changed. The same level is no longer about resistance or support but about maintaining the status quo or experiencing a structural drop.

Once the token trades at a true five-zero price, it triggers more than just chart changes. It reshapes sentiment, resets psychological anchors and opens a new layer of downside. Until then, 12.61 trillion SHIB is the only thing keeping the floor from turning into a slide.