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Shiba Inu Jumps 7% in a Week - But That Elusive Zero Won’t Budge: What’s Holding It Back?

Shiba Inu Jumps 7% in a Week - But That Elusive Zero Won’t Budge: What’s Holding It Back?

Published:
2025-11-28 10:36:00
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Shiba Inu's latest rally shows promise - but the decimal point remains stubbornly anchored.

The 7-Day Climb: Momentum Meets Resistance

SHIB enthusiasts watched their favorite meme coin surge 7% over the past week, yet the psychological barrier of deleting that pesky zero continues to elude the cryptocurrency. The gains signal growing investor interest but highlight the fundamental challenges facing meme-based assets in today's volatile market.

Market Mechanics: Why Zeros Stick Around

Despite the bullish momentum, Shiba Inu faces the classic meme coin dilemma - massive token supply creates constant selling pressure that keeps prices anchored in the micro-decimal range. Meanwhile, traditional finance analysts are probably sipping champagne while watching crypto traders chase decimal points like dogs chasing their own tails.

The Path Forward: Beyond the Hype Cycle

For SHIB to truly break through, it needs more than social media frenzy - real utility, burning mechanisms, and ecosystem development must overcome the gravitational pull of its own supply economics. The zero might be stubborn, but in crypto, today's meme can become tomorrow's mainstream - or just another cautionary tale in the making.

Shiba Inu price rally

Source: CoinGecko

Why Is Shiba Inu (SHIB) Not Able To Delete a Zero Despite a Price Rally?

Is Shiba Inu A Dead Coin

Source: Watcher.Guru

Shiba Inu’s (SHIB) recent reversal is likely due to improving macroeconomic conditions in the US. Moreover, the chances of another interest rate cut in the US have significantly increased. According to CME FedWatch, there is an 84.7% chance of a 25 basis point interest rate cut in December. The anticipation of a rate cut may have lifted investor sentiment to buy riskier assets, such as Shiba Inu (SHIB) and other cryptocurrencies.

Despite the turnaround, Shiba Inu (SHIB) is still struggling to delete a zero from its price. This is likely because there is still substantial volatility in the market. SHIB is facing significant resistance at the $0.0000088 price level. Overcoming this barrier may allow the popular crypto to finally delete a zero from its price once again. Volatility apart, Shiba Inu (SHIB) is a memecoin, carrying big risks. Investors are likely not as bullish on memecoins as they are on Bitcoin (BTC) and other altcoins.

CoinCodex analysts anticipate Shiba Inu (SHIB) to slowly rally over the next month. The platform predicts SHIB will delete a zero and hit $0.00001006 on Dec. 25. However, CoinCodex analysts do not expect SHIB to hold the $0.00001 price level, predicting a correction in early January 2026.

Shiba Inu price predictioin

Source: CoinCodex

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