BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

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

by Drop Gorn
April 9, 2025
in Crypto, Finance, Investing, Memecoins, Opinion
A A
Shiba Inu Tanks 10%, But Could This Be a Golden Entry Point?
3
SHARES
Share on TwitterShare on Reddit
  • 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.

Tags: $SHIBBlockchainCoinCodexcryptoMemecoinShiba Inu
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?
Crypto

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

June 5, 2025
Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000
Crypto

Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

June 5, 2025
Elon Musk Calls for Trump’s Immediate Impeachment
Finance

Elon Musk Calls for Trump’s Immediate Impeachment

June 5, 2025
Bitcoin Whales Trigger Record Breaking Sell-Off After Price Surge: Is Now the Time to Take Profits?
Bitcoin

Bitcoin Whales Trigger Record Breaking Sell-Off After Price Surge: Is Now the Time to Take Profits?

June 5, 2025
Chaos Erupts Over Unapproved Trump-Branded Crypto Wallet: Here is the Truth
Crypto

Chaos Erupts Over Unapproved Trump-Branded Crypto Wallet: Here is the Truth

June 5, 2025
Tesla TSLA Stock Records Worst Day Since 2020 Following Trmup-Musk Public Melt Down
Finance

Tesla TSLA Stock Records Worst Day Since 2020 Following Trmup-Musk Public Melt Down

June 5, 2025
Load More

Related News

Shiba Inu Set for Explosive 200% Surge Next Week, Analyst Predicts

Shiba Inu Set for Explosive 200% Surge Next Week, Analyst Predicts

June 6, 2025
How a $1K SHIB Investment Outpaced Bitcoin’s Returns

How a $1K SHIB Investment Outpaced Bitcoin’s Returns

June 6, 2025
Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

June 6, 2025
XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

June 5, 2025
Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

June 5, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.