The Shiba Inu price action has been immensely volatile since the very beginning. The recent performance of the token, however, has been on the decline due to the worsening macro-economic conditions. This could be the result of many investors closing their positions on Shiba Inu after the arrival of the Official Trump token or slow development within the ecosystem.
However, the community sentiment around this token is still bullish, as far as CoinMarketCap is concerned. Will it allow SHIB to rise again in 2025 and beyond?
Summary
Shiba Inu Price Analysis
Since inception, Shiba Inu has been a particularly volatile meme coin. It achieved its highest value in 2021 due to Bitcoin reaching new highs. However, this was followed by a deep correction that stayed with this meme coin throughout the crypto winter of 2022 and 2023.
It was only after Bitcoin’s resurgence in March of 2024 that the Shiba Inu price got a second tailwind, which allowed it to reach its third all-time high value of $0.000045.
This was followed by another correction and another pump when Bitcoin crossed the $100k threshold. However, the candle chart shows the token’s price going down again.
While there has been a significant number of small green candles, they haven’t been big enough to allow SHIB to move beyond its key resistance levels.
Shiba Inu’s recent partnership with the Ministry of Energy and Infrastructure of UAE has done little to surge the token.
Shiba Inu Price Prediction – What Lies Ahead for Shiba Inu?
Despite the ongoing volatility of the cryptocurrency market, Shiba Inu continues to remain a strong token. As SHIB is likely to catch the bullish wave of the market if and when it arrives, it could experience some gains in the days to come.
Short-Term Price Prediction
Shiba Inu will likely continue towards its downward trend for the first quarter of 2025. The third dip will end when the token reaches its key support zone (purple region) and then bounces. While the last bounce from this level allowed the Shiba Inu price to move up by more than 200%, the same may happen this time as well.
However, if the market continues its bearish streak, and multiple long reds are formed on the price chart, SHIB may try to find support at the low levels it was worth during the crypto winter and most of 2023.
Given this detail, our conservative estimate is that the token will trade around the $0.00003 and $0.00004 level in 2025 and quite possibly 2026.
Long-Term Price Prediction
In the long term, partnerships and innovations will play a key role in determining the Shiba Inu price. The token only retains its status as a meme coin because of its low price and the fact that it was launched that way. The project itself has no memes and only focuses on its metaverse, decentralized exchange, and the NFT collection such as Shiboshis.
These could give it a long-term push, provided they generate the right amount of interest within the cryptocurrency community.
Furthermore, if other countries also follow UAE’s example and engage in partnership with Shiba Inu, further growth may be possible for this project. With that in mind, Shiba Inu could possibly reach $0.0004 by 2030.
This Crypto Could be the Next Best Token to Invest in For Bitcoin Enthusiasts
While Shiba Inu has been shown to follow Bitcoin’s price trends since last year, its utility and community show that it may soon decouple from BTC. Furthermore, despite being marketed as a meme coin, Shiba Inu hardly has any memes, which makes it not always possible for the SHIB price to experience a parabolic increase.
BTC Bull, on the other hand, is a crypto that has completely embraced its meme-based nature. Its tokenomics and narrative revolves around the growth of Bitcoin and its community is being consolidated to push the BTC price upwards.
The token has been described as the best Bitcoin-based meme coin. With its total supply of 21 billion, the project mirrors Bitcoin’s tokenomics to a limited degree. However, what makes BTC Bull more interesting is the fact that it has completely dedicated its milestones towards following Bitcoin’s bullish price action.
For instance, the BTC Bull presale emerged when Bitcoin reached the $100k level, and every single time the BTC price moves up by $25K, BTC Bull will either burn tokens or offer BTC airdrops to investors.
It is unique for a meme coin project to offer BTC rewards as airdrop, which is why 99Bitcoins has called it one of the new meme coins that could move up by 100x in value.
This presale crypto has raised upwards of $2 million so far. The current interest level not only reflects the interest in this meme coin, but also hope for Bitcoin to move up in value once the market conditions become slightly better.
