Shiba Inu (SHIB) has been grinding lower for more than a year, despite occasional spikes tied to broader crypto rallies. The memecoin briefly climbed to $0.000032 in December 2024—around the time Bitcoin first topped $100,000—yet SHIB failed to sustain momentum through 2025 even as BTC reached a fresh high of $126,080 in October 2025. Where could SHIB go from here? Recent AI-driven analysis from ChatGPT points to near-term support between $0.0000057 and $0.0000060. In a severe downside scenario, the model suggests prices could slip further to roughly $0.000003–$0.000004. On the upside, if market momentum returns, ChatGPT says SHIB could recover toward $0.000009–$0.000012. Key factors behind the weakness: - The memecoin sector has underperformed in recent months, with low trading volume and muted momentum. - SHIB faces a structural headwind from its enormous supply—around 589 trillion tokens—which makes large percentage moves harder. - Investor risk appetite has fallen, with flows favoring traditional safe havens such as gold and silver. - Geopolitical tensions in the Middle East have added to global market uncertainty and selling pressure. Market-watchers echo the cautious tone. CoinCodex analysts forecast a prolonged sideways range, expecting SHIB to hover around the $0.000005 level into June 2, 2026. What could change the outlook? A de-escalation of geopolitical tensions and an improvement in global economic conditions could restore risk-on sentiment and capital inflows into crypto—an environment in which SHIB might see renewed buying interest. Until then, the token remains a high-risk play, sensitive to macro developments and broader crypto market dynamics. Read more AI-generated news on: undefined/news

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