Shiba Inu Wipes Out $600M in Nine Hours; More Losses Possible
Meme token Shiba Inu plunged sharply on Dec 18, 2025, erasing about $600 million in market value within a nine‑hour window, according to CoinMarketCap. The market cap fell from roughly $5.0 billion to $4.39 billion and the quoted price dropped to about 0.0000074 USDT. The move wiped out recent gains and briefly intensified volatility across small-cap tokens.
Analysts and traders warn that the sell‑off could continue rather than present a clear buying opportunity: low liquidity, concentrated holder positions and leveraged derivatives can accelerate declines in meme coins. For market participants, the episode underscores heightened execution risk and the need for careful risk management; for holders, it highlights how quickly sentiment can reverse in speculative assets. CoinMarketCap provided the snapshot data for the move.