- SHIB has trended lower since its December 2024 peak near $0.000032
- A drop to $0.0000009 would be a multi-year low last seen in early 2021
- CoinCodex expects SHIB to recover toward $0.0000071 by April 2026 instead
Shiba Inu (SHIB) had a rough 2025, and the October crash made the slide even worse. After climbing as high as $0.000032 in December 2024, SHIB has been drifting lower almost nonstop. The bigger issue is that memecoins have been treated as the first assets to dump during risk-off periods, and this cycle has been loaded with macro uncertainty, weak liquidity, and geopolitical tension.
That backdrop matters because SHIB doesn’t move on fundamentals alone. It moves on sentiment, momentum, and whether the market is willing to speculate again. Right now, that appetite is still missing.
Could SHIB Really Drop to $0.0000009?
The $0.0000009 level is one of the most extreme bearish targets being floated. SHIB last traded there in early 2021, before the historic run that took it to its all-time high of $0.00008616 in October 2021. If SHIB ever returned to $0.0000009, it would represent a multi-year low and basically confirm a full wipeout of the post-2021 era.
But realistically, the odds of that happening anytime soon are slim. Even in ugly market conditions, SHIB would need a deeper systemic breakdown for another full zero to be added in the near term.
What CoinCodex Predicts Instead
CoinCodex does not expect SHIB to gain or delete a zero anytime soon. Instead, the platform projects SHIB gradually recovering and trading around $0.0000071 by April 27, 2026. From current levels, that would represent a move of roughly 19%, which is modest by memecoin standards, but still meaningful in a weak market.
That forecast also lines up with the idea that SHIB may stabilize and grind rather than collapse into a true capitulation low.
Why SHIB’s Recovery Still Depends on Bitcoin
Even if SHIB avoids the $0.0000009 nightmare scenario, that doesn’t mean a fast rebound is coming. Memecoins have taken some of the hardest damage over the last few months because investors are avoiding high-risk assets. In a market where people are choosing safety, SHIB tends to get ignored, not accumulated.
For SHIB to regain real momentum, Bitcoin likely needs to return to a clear bullish phase. Without that, SHIB can bounce, but it usually struggles to sustain anything.
Conclusion
A drop to $0.0000009 would be a dramatic multi-year breakdown, and right now it still looks unlikely. But SHIB is also not in a position to recover quickly unless the broader crypto market stabilizes. The more realistic path is slow grinding price action, with SHIB needing Bitcoin and liquidity to turn bullish before any major upside returns.
