Shiba Inu
February 20, 2026
Shiba Inu (SHIB) has dominated the dog-themed sector of the cryptocurrency market for a long time now. Despite its rise in popularity over several years, SHIB was seen on the down low during the past couple of months. But in more recent news, analysts were hinting at longer-term bullish trends negating its current bearish phase.
At press time, SHIB was trading at $0.000005921 following a 2.72% drop over the past 24 hours. It is worth noting that the meme coin had a challenging year as it dipped by over 60% during the past 12 months.
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SHIB Price Prediction For End of 2026, Bullish Outlook & Zero Deletion Scenario
Some forecasts are now pointing to a potential turnaround for the prominent meme coin. Market analyst Whale Scan recently projected that SHIB could climb as high as $0.00003 to $0.00005 by the end of 2026. That range would represent a significant recovery from its current price. This latest prediction has brought back optimism in the market around the possibility of another SHIB rally.
Apart from this, several independent projections support the idea that SHIB still has an upside. Data from Coincodex reveals that Shiba Inu is set to have a notable 2026. According to the firm, Shiba Inu is expected to trade between $0.000005891 and $0.000009385 during 2026.
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The asset’s average annual price was predicted to be $0.000006902. Based on the asset’s current price levels, this would represent a potential return of nearly 58%. While this is a more conservative prediction compared to the other bullish projections, it notes that SHIB could gradually recover better if market conditions stabilize.
A Look Into SHIB’s Token Burns
Much of the bullish sentiment in the SHIB market centers around supply and market cycles. Shiba Inu’s burn mechanism permanently removes tokens from circulation. This, in turn, reduces the available supply. Data from Shibburn shows trillions of SHIB have already been burned. The community believes that this could drive the price of the meme coin. Data from Shibburn reveals how the daily burn rate of the asset surged by nearly 500%.
The entire community is currently waiting for SHIB to delete a zero. This has happened before during periods of strong demand. Some analysts believe it could occur again if the overall market sentiment improves. Yet, SHIB continues to face excessive selling pressure and is sensitive to market conditions. Meme coins tend to rely heavily on investor sentiment as opposed to adoption.
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