Shiba Inu (SHIB) could face a significant decline of up to 75% if bearish momentum continues, according to crypto analyst Ali Martinez. The memecoin is currently testing a critical support level near $0.00000510, which has held for 56 months. A breakdown could see SHIB fall to $0.00000138, with interim support at $0.00000304. SHIB has already dropped 22% over the past month, reflecting ongoing bearish sentiment. The Shiba Inu ecosystem has also faced challenges, including a $2.5 million hack of its Layer-2 blockchain, Shibarium, in September 2025, which has affected investor confidence. Despite technical improvements by the development team, recovery has been slow. Meanwhile, Shiba Inu ambassador Shytoshi Kusama is pursuing an AI-focused initiative, which he claims complements the project's vision. On-chain data shows mixed signals, with SHIB reserves on exchanges initially rising, indicating potential sell pressure, but later declining as whales withdrew tokens, suggesting dip buying. The market remains tense as traders watch to see if SHIB can stabilize or if a deeper correction will occur.