More Bad News For Shiba Inu As It Dips 6% in 1 Day: What Now?

Paigambar Mohan Raj
Shiba Inu falling
Source: WatcherGuru

Shiba Inu (SHIB) seems to have no recovery in sight as the memecoin faces another steep price crash. According to CoinGecko data, SHIB’s price has fallen by nearly 6% in the last 24 hours, 8.8% in the last week, 9.5% in the 14-day charts, and 64.4% since January 2025. Despite the losses, SHIB has maintained a 6.4% gain in the monthly charts. Let’s discuss if its time to sell your SHIB holdings and take a loss, or should you buy the dip for potential gains.

Shiba Inu price crash
Source: CoinGecko

Should You Sell Your Shiba Inu After The Latest Price Crash?

Shiba Inu 2026 Target Chances to Grow
Source: WatcherGuru

Shiba Inu’s (SHIB) latest price crash comes amid a larger market downtrend. The crypto market has faced another correction today, with Bitcoin (BTC) falling to the $92,000 price level. The crash is likely due to ongoing geopolitical tensions between NATO allies. US President Donald Trump wants to acquire Greenland for national security purposes, while many other NATO countries oppose his move. The US has announced additional tariffs on countries offering support to Greenland.

Shiba Inu (SHIB) and other risky assets are likely facing the consequences of the additional tariffs and the ongoing tensions. Moreover, investors seem to be furthering their risk-off approach, given that gold and silver have hit new all-time highs.

Also Read: Shiba Inu Rags-To-Riches: Real Life Stories Of Early Investors

Given the ongoing uncertainty period, Shiba Inu (SHIB) and other risky assets will likely continue to struggle. Investors will likely maintain their risk-off approach over the coming weeks. However, selling your SHIB tokens for a loss may not be the best move. In fact, buying the dip could prove to be a more lucrative decision. Many anticipate the crypto market to take off over the coming months. Bernstein analysts expect Bitcoin (BTC) to breach the $150,000 mark in 2026. BTC hitting a new all-time high could trigger a rally for Shiba Inu (SHIB) as well.