Shiba Inu (SHIB) Faces Volatility as 2026 Begins; Community Urged to Stay Strong

Shiba Inu (SHIB) has had a volatile start to 2026, with extreme peaks and troughs making headlines in the cryptosphere. SHIB had a strong beginning to the year as the meme coin recorded four consecutive days of growth between January 1 and January 5. Nonetheless, the momentum was short-lived as the token recorded four consecutive days of losses.

The SHIB touched an all-time high of $0.00001017 on January 5. This marked the first time SHIB’s price did not start with the character “0” since the initial week of November. However, the milestone was soon followed by the start of some selling pressure from January 6. This led to the correction of the SHIB tokens to $0.00000846.

At the time of writing, Shiba Inu is trading at $0.0₅8683 with a 24-hour trading volume of $88.26 million and a market cap of $5.12 billion. SHIB price decreased by 0.45% over the last 24 hours, and a weekly gain of 9.96%.

Source: CoinMarketCap

Crypto Markets Face Low Activity

Generally, the cryptocurrency markets are registering lower activity. This has contributed to the volatility of the price. Bitcoin and other leading cryptocurrencies have experienced some rallies that were short-lived. This has made it difficult for those who were using leverage.

Analysts have explained that the market has experienced the aftermath of the liquidity gap created by the mass liquidation in October, which has removed nearly $20 billion from leveraged positions.

The result is that the market depth has continued to contribute to the more dramatic nature of price movements. This has meant that short-term rallies are not sustained.

Also Read | How High Can Shiba Inu (SHIB) Rise in January 2026?

Shiba Inu Urges Calm Holders

During the turbulence, one member of the Shiba Inu dev team, Lucie, posted a message on X. The message was telling holders to “remain calm and reassured amidst the fluctuations in the market.”

“Belief yields an empire, while doubt drains one of value,” she continued. “Panic sets fire to a portfolio, while weak hands forge letters of regret.” The accompanying graphics related to market action and psychology exemplified the need for such LR calculations when there was market doubt.

As Shiba Inu has a strong community behind it, keeping the community confident in the cryptocurrency is one of the most important factors for it to remain stable in the coming year.

Also Read | Shiba Inu Eyes $0.00001000 as Buying Pressure Returns