Shiba Inu (SHIB) remains one of the most closely watched meme-based cryptocurrencies in the digital asset space. Despite recent market stagnation, investor interest in SHIB continues to grow, fueled by speculation around its potential for a significant year-end rally. Current price action shows SHIB hovering near $0.00001170, struggling to break through resistance at $0.00001189. While short-term momentum has faded, technical indicators and long-term forecasts suggest a possible rebound could be on the horizon — potentially pushing SHIB up by over 60% before 2025 concludes.
SHIB Price Action: Signs of Market Indecision
The recent price movement of Shiba Inu reflects a market in limbo. Over the past 24 hours, SHIB dipped slightly by 1.44%, yet managed to maintain its position just above the $0.00001170 support level. This zone has become increasingly important, acting as both a psychological floor and a potential springboard for future gains.
Intraday trading revealed a narrow price range between $0.00001113 and $0.00001189. The upper boundary, $0.00001189, has repeatedly rejected upward attempts, signaling strong resistance. Meanwhile, $0.00001113 serves as a critical support threshold. A sustained drop below this level could trigger further downward pressure, potentially dragging prices toward lower benchmarks.
However, the repeated defense of the $0.00001170 level suggests underlying buying interest. If trading volume increases and market sentiment improves, this pivot point could catalyze a breakout attempt. For now, SHIB remains in a consolidation phase — neither confirming a bullish reversal nor entering a full bearish spiral.
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Technical Indicators: Neutral with Slight Bearish Bias
Technical analysis offers mixed signals for Shiba Inu’s immediate trajectory. The MACD (Moving Average Convergence Divergence) histogram is currently slightly negative, with both the MACD and signal lines trending downward. This indicates weak bearish momentum but lacks the strength to confirm a sustained downtrend.
On the other hand, the Relative Strength Index (RSI) sits at approximately 35.72 — edging close to oversold territory (typically defined as an RSI below 30). While not yet oversold, this reading suggests that selling pressure may be nearing exhaustion. Historically, such levels have preceded short-term rebounds, especially when coupled with positive market catalysts.
Market fundamentals remain modest but stable. SHIB’s current market capitalization stands at $6.9 billion, supported by a 24-hour trading volume of $153.4 million. The volume-to-market cap ratio of 2.22% indicates healthy liquidity and consistent short-term trading activity, though not enough to fuel aggressive rallies without external momentum.
These metrics suggest that while SHIB isn’t currently in a strong uptrend, it also isn’t showing signs of collapse. The stage may be set for a sentiment-driven reversal if broader crypto markets begin to recover.
Token Burn Activity: A Missing Catalyst?
One key factor influencing SHIB’s long-term value proposition is its token burn mechanism — designed to reduce supply and enhance scarcity over time. According to Shibburn data, more than 410 trillion SHIB tokens have been burned from the original supply, a significant deflationary effort.
However, recent burn activity has slowed dramatically. In the last 24 hours, only 19 million tokens were removed — effectively a near-zero burn rate. This stagnation may dampen investor confidence in the near term, as reduced burning weakens one of SHIB’s core deflationary narratives.
For SHIB to regain upward traction, renewed community-driven burn campaigns or protocol-level incentives may be necessary. Increased burn rates could act as a psychological catalyst, reinforcing scarcity and attracting speculative capital.
Year-End Forecast: Can SHIB Surge Over 60%?
Despite current headwinds, long-term price predictions remain optimistic. Analysts from Coincodex project that Shiba Inu could trade between $0.00001701 and $0.00001947 by December 2025. Achieving this range would represent a price increase of more than 60% from current levels.
This forecast hinges on several assumptions:
- Improved overall cryptocurrency market conditions
- Renewed investor interest in meme coins
- Potential integration of SHIB into new decentralized finance (DeFi) applications
- Increased token burn activity or staking incentives
If these conditions align, SHIB could see substantial upside in the latter half of the year. Long-term holders may benefit disproportionately, especially if institutional or retail adoption sees a resurgence.
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Frequently Asked Questions (FAQ)
Q: What is the current price of Shiba Inu (SHIB)?
A: As of the latest data, SHIB is trading around $0.00001170. Prices fluctuate based on market demand, trading volume, and broader crypto market trends.
Q: Is Shiba Inu expected to rise by year-end?
A: Yes, some analysts predict a potential increase of over 60%, with targets ranging from $0.00001701 to $0.00001947 by December 2025 — assuming favorable market conditions and renewed investor interest.
Q: Why isn’t SHIB price increasing despite high burn totals?
A: While over 410 trillion tokens have been burned historically, recent daily burn rates have slowed significantly. Without consistent or accelerating burns, the deflationary impact weakens, reducing short-term bullish pressure.
Q: What factors could drive SHIB’s price higher?
A: Key drivers include increased trading volume, stronger token burn rates, integration into DeFi platforms, positive regulatory developments, and broader market recovery in the cryptocurrency sector.
Q: Is SHIB a good long-term investment?
A: SHIB carries high risk due to its volatility and reliance on market sentiment. However, its large community, established ecosystem (including ShibaSwap and LEASH), and deflationary mechanisms offer potential for long-term growth — particularly if utility expands.
Q: How does SHIB compare to other meme coins like Dogecoin?
A: Unlike Dogecoin, which has no supply cap, SHIB has a fixed supply with burn mechanisms aimed at increasing scarcity. Additionally, SHIB is part of a growing ecosystem with staking and NFT components, giving it more utility than many peer meme coins.
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Final Thoughts
While Shiba Inu faces short-term challenges — including fading momentum, low burn activity, and resistance pressure — the long-term outlook remains cautiously optimistic. A potential 60% surge by year-end is not out of reach, especially if market sentiment shifts positively and ecosystem development accelerates.
Investors should monitor key levels ($0.00001113 support and $0.00001189 resistance), track burn rate trends, and stay informed about macroeconomic factors affecting the crypto market. With patience and strategic timing, SHIB may yet deliver substantial returns for those who believe in its evolving narrative beyond just a meme.
Disclaimer: The information provided in this article is for educational and informational purposes only. It does not constitute financial advice or recommendation. Always conduct your own research and consult with a qualified professional before making any investment decisions.