Is the Shiba Inu (SHIB) dream fading? The price, currently at $0.00001, has sparked concerns as traders and investors contemplate exiting the market. While the market continues to speculate on SHIB’s next move, on-chain data shows that a sizable fraction of holders are already in profit with the token holding above Shiba Inu’s initial lows. But is this enough to sustain the bullish momentum?

Shiba Inu’s movement toward the much-anticipated $0.0001 price level has hit a major snag. It has struggled to maintain upward momentum, with critical resistance levels proving difficult to overcome. This stagnation is causing some to question whether SHIB can truly reach these higher targets.

Crypto history is filled with moments investors wish they hadn’t ignored. One of the most iconic examples? Shiba Inu (SHIB) trading at just $0.0000000001 before skyrocketing. A $100 investment in Shiba Inu when it was launched would be worth roughly $4.59 million these days. Those who purchased $500 of the cryptocurrency at its inception are now sitting on unimaginable gains. But are those gains sustainable, or are we witnessing a slow bleed?

With a current price of $0.00001 and a market capitalization of $9.84 billion, ranking it at 17 in the cryptocurrency ecosystem, SHIB has demonstrated substantial growth. But the price volatility is a real factor. Recent market activity has seen the Shiba Inu token SHIBUSD capture the attention of investors as its price inches closer to the coveted $0.00001 mark. Over the last few weeks, the token has experienced both surges and dips, leaving many wondering what the future holds.

The question remains: will Shiba Inu break through the resistance and reach $0.0001, or will the pressure to exit at current levels prove too strong? The coming days and weeks will be crucial in determining SHIB's trajectory.