Shiba Inu Slips to Key Range as 700 Billion SHIB Flood Exchanges — Crash or Comeback?

12-Feb-2026 ZyCrypto

$23 Billion 'Memecoin Bull Earthquake' Looks To Storm Shiba Inu, PEPE, Dogecoin, Dogwifhat Markets

Shiba Inu (SHIB) has slipped below its consolidation zone and is facing sustained bearish pressure. Currently testing the $0.0000060 support at $0.00000604, market analyst HolderStat notes a break could accelerate a drop toward $0.0000055. SHIB is currently in a downtrend, but if the $0.0000060 support holds, a short-term rebound toward $0.0000070–$0.0000075 is possible.  SHIB on the Brink: […] Also read: Bitcoin Whale Accumulation Resembles 2022 Structure – Can It Revive BTC Price?
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