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Home CRYPTO

Shiba Inu Tanks 10%, But Could This Be a Golden Entry Point?

Gary Ponce by Gary Ponce
April 9, 2025
in CRYPTO, FINANCE, INVESTING, MEMECOINS, OPINION
Reading Time: 3 mins read
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  • SHIB recently dropped nearly 10%, but long-term holders are buying the dip, seeing potential for future gains despite short-term pain.
  • A $2,000 investment at current prices could turn into about $3,071 by 2027 if SHIB hits the projected $0.00001677 level—around a 53% return.
  • SHIB is still down 87% from its all-time high, but with its history of explosive growth, some investors are betting big on a comeback.

The crypto market’s been bleeding the past few days—and yeah, Shiba Inu (SHIB) didn’t dodge that punch. In fact, it’s been one of the more bruised assets in this sell-off. The meme coin slipped nearly 10% recently, falling from a daily high of $0.00001143 to a low around $0.00001031. Not great.

A lot of new traders seem to be panicking out of their positions, but interestingly, seasoned folks? They’re scooping up the dip. So the big question is—could buying SHIB now actually pay off big down the road?

What’s SHIB Doing Right Now?

At the time of writing, SHIB is hanging around $0.00001094. That’s down about 3.3% over the past 24 hours. Not much movement otherwise. And trading volume? It’s dried up—slipping 44% to just over $263 million, which kind of shows how hesitant people are feeling right now.

But here’s the thing—SHIB’s been here before. Crashes, recoveries, repeat. Despite how things look today, this little meme coin has rocketed more than 13,311,746% since launching in 2020. Wild, right?

Still, SHIB is sitting about 87% below its all-time high from October 2021, when it peaked at $0.00008845. So yeah, there’s a long road back—but maybe that’s the opportunity?

Shiba Inu SHIB price chart

Could Buying SHIB Now Pay Off in the Long Run?

Let’s say you throw $2,000 at SHIB today, with the price at roughly $0.00001092. You’d end up with about 183 million tokens. Now, if CoinCodex is on the money—and SHIB climbs to $0.00001677 by January 2027—your stash would be worth around $3,071.

That’s a 53% gain, or $1,071 in profit. Not life-changing, but not bad either, especially for a coin a lot of people love to hate on. And if SHIB manages to ride another meme wave? Well, who knows how high it could go.

So yeah, risky? Definitely. But if history rhymes and the crypto hype returns, this could end up looking like a pretty smart play.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $SHIBBlockchainCoinCodexcryptoMemecoinShiba Inu
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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