Shiba Inu (SHIB) Slides to $0.00000447 After $0.00000500 Break

Shiba Inu Loses the $0.00000500 Mark

Shiba Inu (SHIB) extended its slide on November 9, changing hands near $0.00000447 after the psychological $0.00000500 level gave way. The move came as the market's tone shifted from fear toward neutrality. Technically, the daily chart now carries the structure of a bear market: the 200 moving average sits near $0.00000545, well above spot, while the relative strength index drifts toward oversold. Closest support is $0.00000440, with $0.00000410 behind it; losing the latter could accelerate the decline toward $0.00000400. A local bounce would first have to clear the $0.00000500 to $0.00000530 resistance band.

Activity underneath is thin. Shibarium DeFi liquidity has thinned to the point where total value locked fell to $41,000 in late October, a scale that cannot move an asset with roughly 600 trillion tokens in circulation. Token burning offers no offset either, as ShibBurn records show only 375 million Shiba Inu (SHIB) burned over the past 30 days.

The same November 9 review shows how uneven the rest of the tape is. TRON (TRX) bounced from psychological support near $0.300 and trades at $0.3207, still below the daily 200 moving average at $0.328, with the relative strength index under 50 and first resistance at $0.335. Its fundamentals are heavier than its price: TRON DAO's research puts processed stablecoin settlement volume at $2.2 trillion, USDT and USDD supply at $93.88 billion at the end of September, total value locked above $13 billion, and daily network utilization above 1.92 million USDT transfers, while Canary's Staked TRX ETF, launched in September, gives institutions balance-sheet exposure. Zcash (ZEC) moves sideways at $1,272 after the NU7 upgrade activated on November 6 and halved block time from 50 to 25 seconds; its longer-term structure still reads as a bull market, framed by $1,350 resistance and $1,200 support. NEAR Protocol (NEAR) holds $3.71 inside a downtrend, with $3.60 support, $4.65 resistance and the 200 moving average near $3.65. Its usage keeps building: NEAR Intents has processed $37 billion in cumulative volume, almost $1 billion of it last week, while DeFi total value locked stands at $175 million with more than 77,000 daily active users.

Korean Exchanges Split on November 9

Korean venues told a different, two-way story on the same morning. As of 08:00 KST on November 9, according to DigitalAsset's review of the four major exchanges, Vulcan Forged (PYR) was Bithumb's standout gainer, up 18.62% at 49.89 won on roughly 1.22 billion won of trading volume after a 23-hour range near 27.7%. Impossible Cloud Network (ICNT) followed at +13.86% to 493 won on about 10.7 billion won traded. On Upbit, Bubblemaps (BMT) added 11.33% to 34.4 won on 25.2 billion won of turnover, the largest among the day's gainers, and Reserve Rights (RSR) rose 5.66% to 2.24 won. Coinone's board leaned higher as well: SKYAI gained 14.16% to 48.05 won and Parcl (PRCL) 12.44% to 8.9 won.

The losers were just as sharp. Ancient8 (A8) fell 26.52% to 4.627 won on Bithumb with a 32.21% intraday range, and Teller Finance (DEBIT) dropped 21.99% to 1,174 won. On Upbit, CashCat slid 16.75% to 99.9 won and Katana (KAT) lost 11.18% to 4.61 won. Huma Finance (HUMA) fell 15.54% to 14.51 won on Coinone, while Cyber was lower on both venues that quoted it, down 11.04% to 379.7 won on Coinone and 12.52% to 373.1 won on DigitalX. Space Coin, distributed to platform members, dropped 8.98% to 4.137 won on the same venue.

PEPE edged up 1.52% to 0.0067 won on DigitalX with a 23-hour range of just 4.55%, the calmest print on the board. Tether (USDT) changed hands at 1,374 won there, 0.59% higher, on about 22.5 billion won of volume. That print is the quietest but most load-bearing entry on the board: won-denominated liquidity is still circulating heavily even as individual altcoins swing double digits.

Read together, the two reports describe one market in two registers. The large-cap data points to distribution, with Shiba Inu (SHIB) under $0.00000500 and NEAR's relative strength below 50, while the Korean boards show capital rotating inside the market rather than leaving it: PYR and ICNT added double digits on real turnover, and the 1,374-won Tether quote on 22.5 billion won of volume shows local liquidity still funding positions. Sentiment sits between fear and neutrality on the Crypto Fear and Greed Index scale, which accommodates both readings. That split stops holding once spot leadership resolves: a decisive SHIB close back above $0.00000500, or a break of $0.00000410, would settle which side of the rotation owns the next session.