Potentially Surpassing Pi Network (PI) — When Will Shiba Inu (SHIB) Break $1?

Jakarta, Pintu News – Amidst the high volatility of the memecoin segment, Shiba Inu (SHIB) has stolen the spotlight once again. In the past few days, SHIB price has shown mixed movements, but remains within its important resistance zone.

Backed by the rising burn rate and increased whale activity as well as retail investors, there is speculation whether the SHIB price could reach IDR16 ($1) by 2025, or even within the next 30 days.

With mixed market sentiments and conflicting technical factors, this crypto seems to be going through an increasingly intense volatility phase.

Burn Rate Jumps 180%, SHIB Combustion Drives New Optimism

According to the latest data from Shibburn, the burn rate of Shiba Inu (SHIB) tokens jumped dramatically by 180.85% in just 24 hours. A total of 38,126,662 SHIBs have been successfully burned through three separate transactions, two of which burned over 10 million tokens per transaction. This increase demonstrates the community’s strong commitment to reducing the supply of SHIB in the market.

With a reduced circulating supply, long-term selling pressure on SHIB may decrease, opening up opportunities for price increases. At the same time, the technical development of the Shibarium ecosystem is also providing a positive boost, especially with the introduction of Remote Procedure Call (RPC) limits that enhance decentralization and network resilience.

Also read: Crypto analyst predicts XRP to hit $27 in 60 days, could beat BTC’s rise?

Whale and Retail Pressure Touches ATH, but Prices Still Under Pressure

Increased activity from whales – large investors in cryptocurrencies – indicates anticipation of a potential price increase. However, based on the latest market data, the price of Shiba Inu has actually dropped by around 3% in the last 24 hours, with daily trading volume reaching IDR 7.487 trillion ($457.59 million). Currently, SHIB is trading at a price range of IDR242 ($0.0000148) with a market capitalization of IDR143.2 trillion ($8.75 billion).

SHIB’s dominance in the crypto market currently stands at 0.2541%, making it the second largestecoin after Dogecoin (DOGE). However, the SHIB price chart is still facing strong resistance at the resistance zone, signaling that there is no strong momentum for a technical breakout.

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Technical Analysis: RSI Neutral, Price Confined Between 50 and 200 EMAs

Technically, Shiba Inu’s Relative Strength Index (RSI) indicator is at neutral and appears to be struggling to break its average trend line. This indicates that market sentiment is still not fully in favor of bullish or bearish. In the short term, SHIB’s price is held back by the 200 Exponential Moving Average (EMA) around the Rp261 ($0.0000160) level.

Meanwhile, the 50 EMA acts as an important support in the daily time frame (1D), keeping the price from plummeting further. With this mixed trend, analysts expect SHIB price volatility to increase in the near future. This presents both opportunities and risks for crypto investors interested in accumulating or taking short-term profits.

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SHIB’s Target Price in 2025: Up to IDR327 or Down to IDR163?

If the Shiba Inu price is able to stay above the Rp250 ($0.00001525) level, then the next short-term target is Rp327 ($0.000020). With a boost in positive sentiment, the price could even touch IDR409 ($0.000025) in the coming weeks. However, if the selling pressure increases again, SHIB price could drop to the critical support level of IDR205 ($0.0000125) or even touch IDR163 ($0.0000100).

With a circulating supply of 589.5 trillion SHIB, the journey to IDR 16,363 ($1) is still a long and challenging one. However, the combination of high burn rate, great investor optimism, and ecosystem development could be the main fuel towards that long-term target.

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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 have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto Times. When Will Shiba Inu Coin Price Hit $1? Accessed May 26, 2025
• Featured Image: Generated by Ai