According to the latest market updates from the Binance platform on May 23, 2025, Shiba Inu (SHIB) is trading at $0.0000157, which is much lower than previous estimates (which were $0.000038). This significant correction reflects high market volatility and the impact of psychological factors and speculation on meme coins. In this article, we provide an updated price analysis, recent news, and future predictions based on the new price.
1. Latest Shiba Inu news as of May 2025
Sudden drop:
Despite a 7% increase in the past few days, SHIB has dipped back to $0.0000157 due to sell-offs from large holders (Whales) on the Binance platform.Metaverse partnership:
The partnership with the "Metaverse Games Studio" remains, but investors are hesitant to bet on uncertain future uses.Listing in Asia:
Listing SHIB on the Indian platform WazirX increased short-term liquidity, but it was not enough to support an upward trend.Negative news:
Some platforms have started to reduce support for meme coins due to regulatory pressures in the United States and the European Union.
2. Updated price analysis: Will the correction continue?
Factors supporting a rebound:
Strong community support:
The "ShibArmy" community continues collective buying campaigns, especially at support levels like $0.000014 .Low value:
With a price of $0.0000157, some see it as a cheap opportunity for short-term speculation.History with recoveries:
SHIB has surpassed previous lows (like in 2022), giving some investors confidence in the possibility of another rise.
Challenges and risks:
Intense competition:
The emergence of new meme coins (like Pepe or Doge Layer-2) may distract attention from SHIB.Government regulation:
Increased regulatory pressures on meme coins in the United States heighten the risk of collapse.Weak infrastructure:
Despite having the ShibaSwap platform, SHIB still lacks practical applications compared to coins like Ethereum or Solana.
3. Technical analysis for SHIB at $0.0000157
Current price: $0.0000157
Key resistance levels:
$0.0000165 : If the currency breaks this level, it may head towards $0.000018.
$0.00002 : A significant psychological target for traders.
Critical support levels:
$0.000014 : If it drops below this level, it may experience losses to $0.000012.
Relative Strength Index (RSI): 45, indicating a balance between selling and buying, but a correction is possible if the index falls below 40.
4. Future predictions for SHIB: Does it have a future?
Positive scenario (optimistic):
If community support continues and SHIB forms partnerships with gaming platforms or metaverse applications, it may reach $0.00002–$0.000025 by the end of 2025.
Any rise in the cryptocurrency market as a whole (like Bitcoin rising to $150,000) could push SHIB up.
Negative scenario (realistic):
If regulatory pressures continue or competing meme coins emerge, SHIB could drop to $0.00001–$0.000012 by June 2025.
The lack of practical applications makes it more vulnerable to collapse compared to coins like Cardano or Polkadot.
5. Investment tips for SHIB on May 23, 2025
Don't invest more than you can afford to lose:
SHIB is a high-risk coin, suitable only for short-term speculation.Monitor social media platforms:
Any tweet from an influential figure (like Elon Musk) could turn the market upside down.Set profit and loss levels:
If you bought at $0.0000157, set a profit target at $0.000018 and a stop-loss limit at $0.000014.
Don't rely on it as a long-term investment:
So far, SHIB still depends more on community support than on technical applications.
Conclusion: Will SHIB continue to rise?
On May 23, 2025, SHIB appears to be in a hesitation phase between community support and regulatory pressures. The current price at $0.0000157 reflects an opportunity for short-term speculation, but it still carries high risks. If you are looking for a quick adventure, it could be a great opportunity, but always remember: the risk is high, and returns are uncertain. For long-term investors, it's better to focus on coins with practical uses and projects backed by a professional team.
Note: This information is not considered investment advice. Always do your own research before making any financial decision.