Reasons why analysts are interested in Shiba Inu (SHIB) in 2025
Jakarta, Pintu News – Since the beginning of 2025, the price of Shiba Inu , a dog-themed memecoin, has been fairly stable but trending downward, with the current price at $0.000012. Despite dipping below key support levels and moving flat for four months, there are indications that SHIB may be about to experience a price surge.
Shiba Inu (SHIB) Market Analysis
Shiba Inu (SHIB) last saw a significant price increase after Donald Trump’s US Presidential election victory, his inauguration, and the Bitcoin halving event. However, after that, SHIB failed to deliver the results expected by investors.
These memecoins often take advantage of other financial developments in the market, which has raised concerns among investors that SHIB has become a risky bet with little chance of turning investments into wealth.
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Potential Causes of SHIB Price Spikes
One factor that suggests that SHIB still has the potential to experience a huge surge is the huge amount of circulating supply, which is 589.2 trillion SHIB tokens. This means that anyone can accumulate these coins without worrying about their scarcity.
However, if the supply of SHIB is not reduced through burning, the price of these memecoins could remain stagnant for years or even decades. On the other hand, the Shiba Inu team consistently conducts regular token burns. If trillions of tokens are burned by sending them to dead wallets, SHIB has a good chance of soaring dramatically.
Increase in SHIB Trading Volume
Currently, the price of SHIB is trading at $0.00001248, representing a decrease of 3.04% in the last 24 hours. Despite the price drop, SHIB investors are still actively engaging with the coin, as shown by the surge in trading volume. This metric recorded a 17% increase to $142.4 million from the previous day. D
The current ata for SHIB suggests that this memecoin is in a critical consolidation zone. However, if SHIB gains ecosystem support and its holders refrain from selling, the price could surge. If SHIB rises above $0.000013, it could welcome an even bigger surge.
Conclusion
With these factors in mind, Shiba Inu (SHIB) investors should closely monitor ecosystem developments and token burns. With initiatives such as SHIB Pay and Shibarium DApp Store, as well as increased trading activity, SHIB has the potential to be a profitable investment in the future.
Also Read: New Hampshire Becomes a Pioneer, Officially Keeping Bitcoin as a Reserve!
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*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 andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Crypto News Flash. Shiba Inu Investors Take Note. Accessed on May 7, 2025
- Featured Image: Generated by AI
