Shiba Inu Nears $52 Million Liquidation Cliff—Will the Memecoin Survive?

Shiba Inu holders are sweating as the memecoin teeters on the edge of a $52 million liquidation storm. Margin calls loom—will SHIB's community rally or crumble under the pressure?

Liquidation Tsunami Ahead

Exchanges are prepping their sell engines as SHIB's price dances dangerously close to triggering mass liquidations. One wrong move, and leveraged positions get vaporized.

The Memecoin Paradox

While 'serious' investors scoff at dog-themed assets, SHIB's $52 million showdown proves memecoins now move real markets. Just don't tell the Wall Street boomers still arguing about gold.

Make-or-Break Moment

Watch the order books: if SHIB dips below critical support, automated selling could snowball. Either the degens double down—or learn the hard way why crypto winters are brutal.

The weight of the short-selling orders is outweighing that of buy orders and could make SHIB head further south. Chances of shiba inu rising in value remain slim, as the token has not surged in value recently. Its price has stagnated for nearly four months, which has led investors to bet on short positions. If the $52 million worth of liquidations goes through this week, Shiba Inu could see a major price decline.

What Next For Shiba Inu After Liquidations?

If the $52 million worth of liquidations are initiated, Shiba Inu’s price could fall to the $0.000011 level. If retail investors indulge in panic selling, SHIB could also add an extra zero in the charts. Its price is now moving around the $0.000013 mark on Tuesday and is down 6% already.

However, if Shiba Inu adds an extra zero due to liquidations, it could open up buying opportunities for traders. SHIB would be available at a further discount, making long-term holders accumulate more in their wallets. The price could have bottomed out, and investors could stand a chance of gaining some profits.

Data from Coingecko shows that SHIB has not dipped below the $0.000007 range since September 2023. It has bounced back strongly every time it adds a fifth zero in the indices. Therefore, accumulating Shiba Inu at its lows could be a wise decision as the liquidations could pull its price down.