Shiba Inu Crash: $600M Gone in 9 Hours-Is It Just the Beginning?

Oh man, have you seen this? Shiba Inu, the “doge” coin that everyone’s been pretending to take seriously, just torched about $600 million of its market cap in nine hours. Nine hours! That’s like, blink and you miss it, right? Went from $5 billion to $4.39 billion – and it’s not even breakfast yet. And get this: the price? Down to a tiny, insignificant $0.0000074 USDT. Who needs discounts, am I right? Just call it a clearance sale. 🐶💸

And NO, this isn’t some weird dead-cat bounce or whatever fancy term they use. Over $120 million in volume traded during the carnage. Sellers? They had no problem. Buyers? Well, apparently, they all decided to go on vacation. Nobody’s bringing enough bulk to hold that line. The market cap? Dropping off more than my motivation after a weekend binge. Coins were swapping hands like hotcakes while the value just-vanished. Abracadabra – or more like, “Oops, not my problem anymore.”

And the best part? The drama was happening all week. SHIB kept trying to bounce back, like a boxer who’s had enough but keeps throwing punches. Each time it got close to the “support,” the support said, “Nah, buddy,” and knocked it back down. It’s like a bad relationship – you keep hoping it’ll get better, but it just keeps pushing you down.

Now, when the pressure’s up, it’s already flirting with the lower range – not much standing between it and even lower prices. So, if you’re holding SHIB, you’re probably thinking, “Great, now it’s just a nightmare figure, right?” Well, at $0.0000067, it’s not even shocking anymore. We’re approaching the bottom of the barrel faster than my patience at a family dinner.

The big picture: same old, same old. Last year’s hype? Gone. Now we’ve got the same tired story: supply’s still the same – 589 trillion coins floating around like it’s nobody’s business. Burns? Pfft, not really doing much. Demand? Nonexistent. Price? Getting shoved back into the spots where buyers say they’ll act, but never actually do. That’s why the zone between $0.0000067 and $0.000007 is basically the “no man’s land” of Shiba Inu – where dreams go to die quietly. 🐕💀

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2025-12-18 14:18