{"id":134742,"date":"2026-02-12T14:17:28","date_gmt":"2026-02-12T14:17:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=134742"},"modified":"2026-02-12T14:17:28","modified_gmt":"2026-02-12T14:17:28","slug":"shiba-inu-shib-plunges-by-20-in-2-weeks-another-80-crash-comes-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=134742","title":{"rendered":"Shiba Inu (SHIB) Plunges by 20% in 2 Weeks: Another 80% Crash Comes Next?"},"content":{"rendered":"

Shiba Inu (SHIB) has lately been a pale shadow of its former self, with its valuation tumbling by double digits in a matter of weeks.<\/p>\n

According to some analysts, the bad days for the bulls might be just starting.<\/p>\n

Devastating Crash Ahead?<\/h2>\n

As of press time, SHIB trades at around $0.000006127, representing a 20% decline on a 14-day scale. Its market cap slipped to around $3.6 billion, making it the 30th-biggest cryptocurrency. Recall that it ranked much higher in the spring of last year when the capitalization neared $10 billion.<\/p>\n

One popular analyst who touched upon the meme coin\u2019s downfall is Ali Martinez. He claimed<\/a> that the recent drop below $0.00000667 could have opened the door to a much deeper collapse to as low as $0.00000138. Such a move south would represent a whopping 77% crash from current levels.<\/p>\n

Several key indicators also suggest that SHIB\u2019s price could be headed for a further plunge. Over the past 24 hours, the Shiba Inu team and community have burned a negligible 483 coins, representing a 99% decline from yesterday\u2019s figure.<\/p>\n

The ultimate goal of the mechanism, adopted in 2022, is to reduce the meme coin\u2019s overall supply, potentially making it more valuable in time (assuming demand remains constant or heads north). Data shows<\/a> that the current circulating supply is roughly 585.46 trillion tokens after more than 410.7 trillion SHIB have been scorched over the years.<\/p>\n

<\/a>SHIB Supply, Source: shibburn.com<\/p>\n

Meanwhile, Shibburn \u2013 the X account spreading information about the recent token burns \u2013 has been inactive lately. The last update on the matter, from January 9, showed<\/a> that the daily and weekly burn rates have been unimpressive.<\/p>\n

Shiba Inu\u2019s Relative Strength Index (RSI) supports the bearish scenario. Over the past few hours, the metric\u2019s ratio exceeded 70, indicating the asset is overbought and could be gearing up for a pullback. The technical analysis tool ranges from 0 to 100, where readings between 30 and 70 are considered neutral, whereas anything below 30 may be viewed as a buying opportunity.<\/p>\n

<\/a>SHIB RSI, Source: RSI Hunter<\/p>\n

Can the Bulls Return?<\/h2>\n

Contrary to Martinez\u2019s grim prediction, the analyst who goes by the X moniker Vuori Trading argued<\/a> that SHIB may explode in the foreseeable future.<\/p>\n

They claimed that the asset remains in the \u201cbear trap\u201d stage, characterizing the setup as \u201cpure manipulation before shooting higher.\u201d The analyst set a target of \u201cat least\u201d $0.00014, which would be an all-time high and represent a staggering 2,200% increase from the ongoing valuation.<\/p>\n

Despite the recent price plunge, SHIB investors don\u2019t appear to be rushing to sell. In fact, CryptoQuant\u2019s data shows that the number of coins stored on exchanges has declined over the past month. This trend signals a shift toward self-custody and reduces immediate selling pressure.<\/p>\n

<\/a>SHIB Exchange Reserves, Source: CryptoQuant<\/p>\n

The post Shiba Inu (SHIB) Plunges by 20% in 2 Weeks: Another 80% Crash Comes Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Shiba Inu (SHIB) has lately been a pale shadow of its former self, with its valuation tumbling by double digits in a matter of weeks. According to some analysts, the bad days for the bulls might be just starting. Devastating Crash Ahead? As of press time, SHIB trades at around $0.000006127, representing a 20% decline […]<\/p>\n","protected":false},"author":0,"featured_media":134743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-134742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/134742"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=134742"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/134742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/134743"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}