SHIB Struggles Amid Market Downturn: 80% of Holders in the Red

Shiba Inu (SHIB) investors are facing significant losses as the meme cryptocurrency’s price continues to plummet. With 80.80% of on-chain holders underwater and a recent 5.93% single-day drop, the once-hopeful targets of $0.0001 or $0.0005 now seem distant. As of May 19, 2025, SHIB trades at $0.00001425, marking an 8.17% weekly decline and erasing gains from its May 12 peak of $0.00001. This summary delves into the current state of SHIB, the challenges faced by its investors, and the broader implications for the meme coin market.

Shiba Inu Investors Face Losses Amid Market Downturn

Shiba Inu (SHIB) holders are grappling with significant losses as the meme cryptocurrency’s price plunges. Early investors who envisioned lofty targets of $0.0001 or $0.0005 now confront a stark reality, with SHIB trading at $0.00001425—an 8.17% weekly decline.

IntoTheBlock data reveals 80.80% of on-chain SHIB holders are underwater. The asset’s 5.93% single-day drop exacerbates the pain, erasing gains from its May 12 peak of $0.00001757. Market-wide volatility has hit speculative assets hardest, with SHIB’s downturn mirroring broader crypto weakness.

Shiba Inu’s Long-Term Potential: Can a $1,000 Investment Yield Fortune by 2035?

Shiba Inu (SHIB), despite recent price struggles, continues to attract believers who foresee a resurgence beyond its 2021 all-time high of $0.00008845. The meme coin’s community is doubling down on accumulation strategies, betting on multi-year appreciation.

At current levels near $0.000014, a $1,000 investment WOULD secure approximately 71.4 million SHIB tokens. Projections suggest this position could generate life-changing returns if SHIB replicates its 2021 bull run—though such outcomes remain speculative given the asset’s volatility and meme-driven nature.

The real question isn’t arithmetic possibility, but probability. SHIB’s roadmap now includes Shibarium layer-2 solutions and broader ecosystem development, factors that could theoretically support valuation beyond pure speculation. Yet history cautions that few meme coins sustain multi-cycle relevance.

Shiba Inu (SHIB) Faces Downward Pressure as Rexas Finance (RXS) Emerges

Shiba Inu (SHIB) shows a modest 1.72% gain to $0.00001245, but technical indicators suggest looming downside risks. The Relative Strength (RS) signals overbought conditions, while stagnant EMAs and waning buying interest reinforce bearish sentiment. SHIB’s colossal circulating supply of 589.25 trillion tokens compounds these challenges.

Meanwhile, Rexas Finance (RXS) enters the competitive arena, though the article truncates before detailing its threat. Market dynamics now pit meme coin vulnerabilities against emerging decentralized finance contenders.

Shiba Inu (SHIB) Price: Bullish Chart Pattern Emerges, What’s Next?

Shiba Inu trades at $0.00001433, clinging to a critical support level at $0.00001413. A falling wedge pattern suggests a potential 39% rally toward $0.00001993, while the Stochastic RSI nears oversold territory—a classic setup for rebounds.

Exchange inflows have risen despite declining network activity, creating a curious divergence. Whale holdings continue to shrink, dropping from 10,232 to 10,205 addresses in just nine days.

The meme token recently faced rejection at $0.00001764, reinforcing the importance of the current support zone. Market participants are watching for either a breakdown or the anticipated wedge breakout.