Peter Smith
Shiba Inu (SHIB) is hanging tough at $0.000012, with 12.61 trillion tokens spread across 56,000+ wallets creating a massive support wall that's keeping the meme coin from sliding into five-zero territory.
SHIB's 12.61 Trillion Token Barrier Holds the Line
Right now, Shiba Inu (SHIB) is trading around $0.000012, and that number means everything. According to IntoTheBlock data, exactly 12.61 trillion SHIB tokens are locked up across more than 56,000 wallets right at this breakeven point. That's only 1.29% of total supply, but it's creating a rock-solid floor that's stopping SHIB from dropping into scary five-zero territory.
Here's the thing - nearly 90% of SHIB holders are already underwater, but this specific group isn't panicking. They're not selling at a loss, and they're not rushing for the exits either. As long as these guys stay put, SHIB isn't going anywhere fast.
But here's the catch: if even a small portion of these holders starts getting nervous and begins selling, we could see SHIB break through this floor and drop into a whole new decimal bracket. That's when things get interesting - and not in a good way.
Why the $0.000011-$0.000012 Range Matters for SHIB (Shiba Inu)
This price range isn't new territory for SHIB. Back in March and April, the token was bouncing around these same levels like a ping-pong ball. It would try to recover, fail, drop down, then try again. Same story, different day.
But now it's different. SHIB is back in this range with way less volume and weaker buying interest. It's not about bulls vs bears anymore - it's about whether that 12.61 trillion token wall can hold or if it's going to crack under pressure.
The March-April action was messy but active. Now it feels more like everyone's holding their breath, waiting to see what happens next.
What Happens If SHIB (Shiba Inu) Breaks Into Five-Zero Territory
If SHIB drops to $0.00001X or lower, it's not just a number change - it's a psychological game-changer. When crypto hits a new decimal bracket, it messes with people's heads. Suddenly, holders who've been waiting at breakeven might finally throw in the towel.
Once that selling starts, it can snowball fast. New price targets open up below, and what was once a floor becomes a ceiling. The whole market conversation around SHIB would shift overnight.
Right now, that 12.61 trillion token concentration is the only thing standing between SHIB and a potential freefall. It's like a dam holding back water - solid for now, but if it breaks, there's not much below to stop the flood.
The bottom line: SHIB's fate is in the hands of those 56,000+ wallets. If they stay strong, the price holds. If they blink first, we could see SHIB enter uncharted territory - and not the good kind.
Peter Smith
