
Shiba Inu (SHIB) Faces Potential Milestone Loss: What's the Impact?
Shiba Inu on verge of losing major profitability threshold[...]
Shiba Inu Faces Mounting Pressure as Profitability Plummets
Retail Investors Suffer as SHIB Struggles to Hold Critical Support
The once-popular Shiba Inu token is facing growing challenges as market conditions worsen and profitability declines. Recent data shows only 104.41% of SHIB holders are currently profitable, with just $1.29 billion in realized gains. Meanwhile, a concerning $10.5 billion worth of SHIB investments are underwater, meaning most investors are facing substantial losses.
This troubling situation is evident in SHIB's price action, as the token barely maintains support at the crucial $0.000012 level. If it drops below this point - particularly falling under the symbolic 100 trillion "in the money" threshold - we could see further erosion of investor confidence and potential mass sell-offs.
Waning Momentum and Whale Disinterest Compound SHIB's Woes
Shiba Inu's retail investor base has historically reacted strongly to profitability changes, and current conditions don't inspire optimism. The lack of buying pressure, combined with a weak RSI of 41, suggests an immediate turnaround is unlikely.
For SHIB to recover meaningfully, it would need both technical improvements and renewed interest from major investors - neither of which current market data supports. Trading volume remains lackluster, further highlighting declining enthusiasm for the token.
A Symbolic Threshold and the Looming Threat of Mistrust
Falling below the 100 trillion profit mark would represent more than just a symbolic setback - it could significantly damage market confidence in SHIB's near-term prospects. Both retail and institutional investors are watching closely, and continued profitability declines may accelerate the token's downward trend.
As cryptocurrency markets evolve, Shiba Inu must adapt by strengthening fundamentals, engaging its community, and forming strategic partnerships. Without these changes, what began as a viral meme coin risks becoming another cautionary tale about the dangers of relying too heavily on hype and speculation.