The article suggests a 'fragile' setup for shib after breaking below $0.00001, highlighting historical november median returns of -9.1%, which could lead to further declines.
Analysis is based on historical price data from cryptorank, which is a credible source. however, the article itself cautions that 'price history is never something to rely on completely'.
The median return for shib in november over the last four years is -9.1%, with 2021 and 2022 showing average losses of 27%. the article implies a 'harsh reality check' and potential further declines for shib, suggesting a new zero might be inevitable.
The analysis is specifically focused on the historical price performance and expectations for the month of november.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Cryptocurrency Shiba Inu (SHIB) may be written off by some crypto enthusiasts, but it remains the biggest meme coin in the Ethereum ecosystem, with its lore tied directly to Vitalik Buterin. Advertisement October, however, was a ruthless period for SHIB: for the first time in a long while, its price broke below the important psychological level of $0.00001 per coin, adding that nasty new zero to its quotes. The drop did not last long, but the damage was already done, and now the entire setup for the Shiba Inu coin can be characterized as fragile. Unfortunately, those who believe that SHIB’s quick recovery above the $0.00001 mark is enough to keep the meme coin safe from further declines may soon face a harsh reality check. At least that is what the coin’s price history suggests going into November. HOT Stories BREAKING: Strategy Snaps Up $43 Million Worth of Bitcoin Morning Crypto Report: XRP Scores Legal Win in India, Mt. Gox Delays Bitcoin Payouts, China Warns of Crypto Risks Scaramucci’s New Crypto-Related Project Is Coming XRP Reversal Sends Price Towards $1, DOGE Treasury to Go Public, Bitcoin Beats Gold, Binance’s CZ Pardoned — Top Weekly Crypto News Source: CryptoRank According to data from CryptoRank , the average return for SHIB in this month stands at 0.26%, which may seem optimistic under current market conditions. But a deeper look reveals an uglier picture: the median return, a more reliable metric, comes in at -9.1% over the last four years. Advertisement Outstanding performance for SHIB In 2021 and 2022, SHIB lost an average of 27% in November. Conversely, in 2023 and 2024, the price surged by an average of 27%. Still, the latter was imbalanced by 2024’s exceptional 48.8% gain, making it more of an outlier than a dependable trend. You Might Also Like Mon, 10/27/2025 - 01:38 XRP Reversal Sends Price Towards $1, DOGE Treasury to Go Public, Bitcoin Beats Gold, Binance’s CZ Pardoned — Top Weekly Crypto News By Dan Burgin Of course, price history is never something to rely on completely — as is the case with everything in the crypto market. Yet in the absence of stronger benchmarks, it can still provide useful context as to what to expect from the asset during a period dominated by fear, uncertainty and doubt. #Shiba Inu #SHIB #Shiba Inu (SHIB) News #Shiba Inu (SHIB) Price Prediction