The post SHIB About to Burn One Zero, Top SHIB Exec Believes appeared on BitcoinEthereumNews.com.

SHIB targets $0.00001200, per Lucie Binance’s CZ warns about “losing money” on meme coins The official marketing lead of the Shiba Inu team, known to the meme coin community as Lucie, believes the second-largest meme cryptocurrency, SHIB, could be on the verge of burning a zero from its price. She confirmed that on the X social media platform, commenting on a post by a crypto analyst, “SHIB KNIGHT.” SHIB targets $0.00001200, per Lucie The aforementioned pseudonymous analyst tweeted: “Market looks positive again.” In the chart he shared with the X crypto community, Shiba Inu has broken out of the Falling Wedge pattern, and the meme coin’s price is currently going up. He named a possible price target as $0.00001200. Lucie commented that she agrees with this price prediction and also suggested that “SHIB KNIGHT” check the POU project. It stands for “SHIB owes you” and was created to raise funds for Shibarium users affected by the hack that occurred at the end of 2025. Shiba Inu is still trading around 90% below the all-time high reached in late October 2021 — $0.00008845. Binance’s CZ warns about “losing money” on meme coins Changpeng Zhao (CZ), the founder and former chief executive of the world’s largest crypto exchange, Binance, has published an important warning, in which he spoke about meme coins — particularly, those based on his tweets. First of all, CZ assured the community that he likes both memes and coins inspired by them: “I am not against meme coins, and I like memes.” I am not against meme coins, and I like memes. But if you are going to ape into every meme coin people create based on my random tweets, you are almost guaranteed to lose money. I just tweet as I do, with stupid not-so-funny jokes, not thinking…

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Filed under: News - @ January 13, 2026 4:26 pm