Current Price:
* The live price of Shiba Inu (SHIB) is approximately $0.000016.
Recent Performance:
* 24-hour Change: SHIB has experienced a positive change in the last 24 hours, with increases ranging from approximately 3% to 8% reported across various sources.
* 7-day Change: The price has increased significantly over the past week, with gains around 12% to 19%.
* 30-day Change: Over the last month, SHIB has shown substantial growth, with increases between 25% and 35%.
* 1-year Change: Despite the recent positive momentum, the price is still down compared to a year ago, with a decrease of around 32% to 35%.
* All-time High: SHIB reached its all-time high of approximately $0.000090 on September 8, 2021. The current price is significantly lower than this peak.
Market Capitalization and Supply:
* Market Cap: The current market capitalization of Shiba Inu is around $8.8 Billion to $9.4 Billion USD (approximately ₹7.7 Trillion INR).
* Circulating Supply: The circulating supply is approximately 589.25 Trillion SHIB.
* Total Supply: The total supply is around 589.50 Trillion SHIB.
* Max Supply: The maximum supply is approximately 589.55 Trillion SHIB.
Trading Volume:
* The 24-hour trading volume is significant, ranging from approximately $365 Million to $681 Million USD (and ₹1,464 Cr to ₹4,812 Cr INR). This indicates a high level of trading activity.
Market Sentiment and Technical Analysis:
* Technical analysis ratings vary. Some sources indicate a "buy" signal for the day, while others show "neutral" for the week and even "sell" for the month. This suggests mixed opinions based on different timeframes.
* Volatility is noted as high, meaning the price can experience rapid and significant fluctuations.
* Shiba Inu's price is influenced by market sentiment, trading activity, and broader cryptocurrency market conditions. The strong community support also plays a significant role.
Shiba Inu Price Prediction for 2025:
Price predictions for Shiba Inu in 2025 vary widely across different sources, reflecting the speculative nature of cryptocurrency investments:
* Optimistic Scenarios: Some analysts anticipate a potential peak in the current crypto cycle in 2025, with SHIB possibly reaching highs of $0.00005 or even $0.0000721. One source suggests a maximum of INR 0.05 for 2025.
* Moderate Growth: Kraken's prediction tool, based on a 5% annual growth, forecasts a price of $0.000019 by the end of 2025. Another prediction suggests a range between $0.0000159 and $0.0000490, with an average of $0.0000297.
* Lower Estimates: Some predictions have lower maximum targets for 2025, such as $0.0000390 or an average around $0.00001359.
* Potential for Volatility: It's important to note that significant price fluctuations are expected throughout 2025, potentially offering multiple entry opportunities for traders.
General Information about Shiba Inu (SHIB):
* Shiba Inu is an ERC-20 token based on the Ethereum blockchain.
* It was launched in August 2020 as a meme coin, gaining popularity as a "Dogecoin killer."
* The Shiba Inu ecosystem includes other tokens like Bone (BONE) and Leash (LEASH), and has expanded into areas like NFTs and decentralized finance (DeFi) with ShibaSwap.
* The initial total supply was one quadrillion tokens, with a significant portion burned by Vitalik Buterin.
* SHIB has a large and active community that plays a crucial role in its development and price movements.
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