5 Facts Shiba Inu (SHIB) Drops to 2023 Lowest Level, Here’s How It Compares to Gold!

Jakarta, Pintu News – The crypto market is facing pressure again after Shiba Inu recorded its lowest level since 2023. Amid the weakening of a number of cryptocurrencies, the performance of digital assets is also said to be still inferior to gold, which is seen as a safe haven.

This condition raises new questions for investors, both novice and experienced, regarding the direction of market movements in the short to medium term. Here are five important facts to understand before making an investment decision.

1. Shiba Inu (SHIB) hits its lowest point since 2023

Shiba Inu (SHIB) reportedly dropped to its lowest price level since 2023, reflecting the selling pressure that is still dominant in the meme coin market. This decline occurred amid weakening global risk sentiment and capital flows that tend to move to more stable assets. These conditions made SHIB lose the momentum that had previously formed.

Technically, this price weakness shows that buying interest is not strong enough to reverse the trend. The declining trading volume also indicates a wait-and-see attitude from market participants. For cryptocurrency investors, this phase is often a period of consolidation before the next trend direction is established.

Also Read: Tokenized Commodities Surpass $6 Billion: What Does It Mean for Crypto Markets?

2. Crypto still lags behind gold which reached Rp33,652,000

While the crypto market is weakening, gold prices are showing relatively better resilience. If the global gold price is around USD2,000 per ounce, then at an exchange rate of IDR16,826 per US dollar, the value is equivalent to around IDR33,652,000 per ounce. This figure shows the contrast between traditional hedge assets and high-risk digital assets.

This comparison confirms that under conditions of economic uncertainty, investors tend to opt for more defensive instruments. Gold has a long track record as a store of value, while cryptocurrencies such as Bitcoin and Ethereum are still categorized as volatile assets. This explains why short-term fund flows may shift from crypto to gold.

3. Pressure Not Only on SHIB, But Also Other Altcoins

Weakness is not only happening to Shiba Inu (SHIB), but also to a number of other altcoins in the crypto market. Coins with medium to small capitalizations tend to be more sensitive to changes in sentiment than Bitcoin (BTC). When BTC corrects, altcoins usually experience deeper declines.

This phenomenon is common in cryptocurrency cycles, especially when market liquidity decreases. Investors tend to reduce exposure to high-risk assets and secure positions in assets that are considered more stable. Therefore, high volatility remains a key characteristic of the crypto market.

4. Macroeconomic Sentiment Still the Key Determinant

The current movement of the crypto market cannot be separated from global macroeconomic conditions. Interest rate policy, inflation, and geopolitical uncertainty have a direct effect on investor interest in risky assets. When interest rates are high, fixed income instruments become more attractive than cryptocurrencies.

In addition, a strengthening US dollar can also put additional pressure on crypto prices. With an exchange rate of IDR16,826 per USD, any strengthening of the dollar makes global investors more cautious in placing funds in speculative assets. This situation has contributed to the weakening prices of various cryptocurrencies in recent times.

5. What Does It Mean for Beginners and Experienced Investors?

For novice investors, this is a reminder that the crypto market is highly volatile and requires disciplined risk management. Portfolio diversification, including considering non-crypto assets, can help reduce the risk of extreme fluctuations. Understanding project fundamentals is also important before buying a particular cryptocurrency.

Meanwhile, experienced investors usually use the downturn phase as a moment to evaluate their strategy. Some see corrections as long-term accumulation opportunities, while others choose to wait for trend confirmation. Investment decisions should still be based on your risk profile, financial goals and comprehensive analysis.

Overall, Shiba Inu’s (SHIB) drop to its lowest level since 2023 and crypto’s underperformance relative to gold show that market dynamics are heavily influenced by global sentiment. Investors need to understand that cryptocurrency is not just about the potential for high returns, but also about being prepared for volatility. A rational and measured approach is key in dealing with the current market phase.

Also Read: 7 Reasons Silver Demand Remains Strong in 2026: Market Deficit & Investment Rising

Follow us on Google News to stay up to date with the latest crypto and blockchain technology. Check Bitcoin price, USDT to IDR and Nvidia stock price tokenized via Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Shiba Inu (SHIB) at Lowest Level Since 2023: Crypto Market Still Loses to Gold. Accessed February 12, 2026.