Shiba Inu (SHIB) has recently garnered significant attention due to notable developments and optimistic price projections.
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### 🔥 Recent Developments
* **Shibarium Burns 1 Billion SHIB**: Shiba Inu's layer-2 blockchain, Shibarium, has officially burned over 1 billion SHIB tokens, aiming to reduce supply and potentially increase value. ([Watcher Guru][1])
* **Whale Activity Surge**: A massive transaction involving 576 trillion SHIB tokens occurred within 24 hours, indicating heightened interest from large investors. ([Brave New Coin][2])
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### 📈 Price Predictions
* **Short-Term Outlook**: Technical analysis suggests SHIB has completed a W-X-Y-X-Z correction, holding above key support at \$0.00001350. A breakout could target \$0.00002200 and beyond. ([CCN.com][3])
* **Long-Term Projections**:
* **\$0.0023 Target**: AI models like ChatGPT and Grok predict SHIB could reach \$0.0023 between 2028 and 2038, contingent on factors like market growth and token burns. 
* **\$0.047 Ambition**: Achieving \$0.047 would require substantial supply reduction, with projections placing this possibility between 2035 and 2048. ([Crypto Basic][4])
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### 💹 Current Market Data
## Stock market information for Shiba Inu (SHIB)
* Shiba Inu is a crypto in the CRYPTO market.
* The price is 1.5e-05 USD currently with a change of -0.00 USD (-0.02%) from the previous close.
* The intraday high is 1.588e-05 USD and the intraday low is 1.472e-05 USD.
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If you're interested in comparisons with other meme coins like PEPE or DOGE, or need insights into SHIB's ecosystem developments, feel free to ask!
[1]: https://watcher.guru/news/category/altcoins/shiba-inu?utm_source=chatgpt.com "Latest Shiba Inu News - Watcher Guru"
[2]: https://bravenewcoin.com/insights/shiba-inu-shib-price-prediction-can-shiba-inu-hit-0-000045-after-576-trillion-token-surge?utm_source=chatgpt.com "Shiba Inu (SHIB) Price Prediction: Can Shiba Inu Hit $0.000045 After 576 Trillion Token Surge?"
[3]: https://www.ccn.com/analysis/crypto/shib-up-but-downturn-threat-looms/?utm_source=chatgpt.com "Shiba Inu (SHIB) Up 14% Since Recent Low but Downturn Threat ..."
[4]: https://thecryptobasic.com/2025/05/23/here-are-predicted-timelines-for-shiba-inu-to-reach-0-0023-or-0-047/?utm_source=chatgpt.com "Here are Predicted Timelines for Shiba Inu to Reach $0.0023 or ..."
