Shiba Inu Faces Hurdle to $0.0001 as Market Pressure Mounts

Shiba Inu struggles to reach the elusive $0.0001 mark, facing a confluence of market pressure and internal challenges. With shrinking investor confidence and heightened competition, the token’s momentum has slowed considerably. Despite past explosive growth fueled by hype, Shiba Inu now grapples with limited activity and dwindling ecosystem participation. Analysts estimate reaching this milestone would require a substantial 885% surge, while its massive circulating supply hinders sustained price gains. The slow progress reflects a combination of a lackluster market environment, reduced user engagement in the Shibarium network, and competition from new meme coins.