- Shiba Inu (SHIB) is trading near $0.0000100 as of October 17, 2025, experiencing significant recent declines.
- Key support levels are breached, with $0.00000999 seen as a critical point; below this, support weakens until around $0.0000090.
- Despite a burn rate increase of over 8,200%, market demand remains weak, and sentiment is bearish at 82% according to Changelly.
- Near-term forecasts from Changelly suggest SHIB’s price will likely fall further by the end of October 2025.
Shiba Inu (SHIB) is currently trading around $0.0000100 on October 17, 2025. The coin has faced a sharp decline recently due to sustained selling pressure in the market. This drop has caused concern among traders trying to determine the lowest possible price for SHIB.
In the past 24 hours, SHIB lost about 6.82% of its value. The weekly and monthly figures show a decline exceeding 15% and 22%, respectively. The technical support at $0.0000110 has been breached amid a broader market selloff, with the next key support at $0.00000999. Below this level, strong support is scarce until approximately $0.0000090.
The decline persists even after a spike in the token burn rate of over 8,200% in a single day, which accounted for more than 5.7 million SHIB tokens being removed from circulation. This indicates that demand remains insufficient to offset selling pressures.
Market sentiment is bearish at 82%, with the Fear & Greed Index at 28, reflecting a generally cautious market mood, as reported by Changelly and FXStreet. Increased trading volumes suggest active profit-taking by traders during the downturn.
According to Traders Union, negative sentiment has pushed SHIB to critical support levels. Competition from other meme coins and a tougher regulatory environment have also contributed to the price decline.
Analysts are closely monitoring the $0.00000999 support level, which may represent the minimum value for 2025.
Historical data shows SHIB’s all-time low as approximately $0.000000000056 recorded on March 1, 2021, per CoinMarketCap, and $0.0000105637 on November 28, 2020, according to CoinGecko.
Changelly forecasts that SHIB’s price will likely decline further by the end of October 2025. The future price path depends on broader market factors, including Bitcoin’s performance and macroeconomic trends.
It remains uncertain if SHIB has reached its lowest price or will continue to fall in the coming weeks.
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