Shiba Inu Profitability Plummets to Dire 13%: Is SHIB in Danger?
Shiba Inu (SHIB), one of the most popular meme coins, is facing a critical juncture. The current market volatility has brought significant challenges for the cryptocurrency space, and Shiba Inu's profitability is nowhere near 'average' values. U.Today reported that Shiba Inu’s profitability has fallen to a dire 13%. This is a historic low, with over 85% of holders currently at a loss.
SHIB Holders Bleeding: Why Profitability is Crashing
Several factors are contributing to Shiba Inu's declining profitability. The risk demand in the industry is not recovering, and meme assets are not seeing any new significant investments. The profitability of the most popular meme coin on the market is plummeting continuously, putting existing holders under immense pressure. Shiba Inu's profitability is taking a hit.
Key Resistance Holding SHIB Back
A key technical resistance hinders any sustainable price progress around the current level. While Since the start of 2025, the Shiba Inu (SHIB) price has jumped by 13%, following the broader market trend, the memecoin is now at risk of erasing those gains. The market struggles put SHIB at risk of a huge correction.
Potential Dangers Loom for Shiba Inu
If the Shiba Inu price dives further, the token might face some serious problems. The recent market volatility has brought significant challenges for the cryptocurrency space, with many assets experiencing a downturn in profitability. Unfortunately, Shiba Inu (SHIB) profitability reaches a historic low, making it a concerning situation for investors.