SHIB add zero concerns are mounting as the meme coin hovers dangerously close to a critical threshold. Shiba Inu is trading at approximately $0.0000107 right now, just inches away from the $0.0000099 level. If this support breaks, SHIB add zero to its price for the first time since early 2024. The Shiba Inu price prediction has turned bearish as technical indicators signal trouble, and fears of a broader meme coin crash are intensifying. SHIB holders are bracing for impact as the Shiba Inu burn rate fails to provide support.
SHIB Could Drop a Zero Soon as Meme Coin Crash Fears Grow
Critical Support Under Pressure
The 200-day EMA remains well above SHIB’s current price, and repeated rejections between $0.0000120-$0.0000125 show sellers maintain control. If SHIB closes below $0.0000100, it could trigger stop-loss orders and accelerate the decline.
Analyst SwallowAcademy from TradingView stated:
“Above SHIB is the 200-exponential moving average (EMA), and just below is the key support level around $0.0000119.”
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Analysts Warn SHIB Add Zero Likely
The Shiba Inu price prediction from analysts points to further downside. Analyst MMB Trader warned:
“Shiba Inu could potentially drop to $0.000010 and also possibly add one more zero to trade at $0.00000600.”
RTED_Investing predicts a dump to $0.0000110 if support fails.
Meme Coin Crash Amplifies Troubles
Bitcoin dominance hit 59.8% in October, pulling capital from altcoins. Over $19 billion in altcoin liquidations signal a risk-off rotation. The meme coin crash fears are spreading as SHIB holders watch nervously.
The Shiba Inu burn rate remains insufficient—burns plunged 99% according to U.Today. At current levels, burns remove only 0.02% of annual supply from the 589 trillion token circulation.
Also Read: SHIB Holders: Should You Ditch Shiba Inu Coin Forever?
The coming days will determine if SHIB add zero becomes reality or if buyers defend $0.0000100. The Shiba Inu price prediction remains bearish, and the meme coin’s fate could be sealed by week’s end.