Predicting Shiba Inu Prices: What Current Information Indicates

Shiba Inu (SHIB) has a market value of $7.56 billion and is trading at $0000128 as of May 7, 2025. The token is still one of the top 20 cryptocurrencies by market capitalization, per CoinMarketCap. The fact that the daily trade volume is still ranging between $200 million and $300 million indicates that there is still active retail interest. But the token is still a long way from reaching its peak in 2021.

The development of new SHIB wallets has slowed considerably, according to recent Glassnode data. Compared to the same time last year, there are now more than 20% fewer active addresses. This decrease would suggest that long-term investors are holding onto their positions while short-term traders are lowering their exposure. When tokens move from speculation to consolidation, these trends are frequently observed.

The acceptance of SHIB's Layer 2 network, Shibarium, may determine its next course of action, according to some analysts at Binance Research. Should the network acquire momentum and facilitate genuine user engagement, SHIB might bounce back to the $0.00002 area. Others think it might take longer for any upward momentum to occur. The ability of tokens like SHIB to provide functionality beyond trade and community excitement is attracting the attention of investors.

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