Shiba Inu (SHIB) is a meme cryptocurrency on the Ethereum blockchain, launched in August 2020. Initially created as a joke, it has evolved into an ecosystem with its own Layer-2 network Shibarium for fast and cheap transactions.
Current situation (as of 20.06.2025):
Price: ~$0.00001153–$0.00001184.
Market capitalization: ~$6.84–7.2 billion.
Decline: -8.99% over the week, -40.86% over the year.
Support: around $0.00001100, resistance: $0.0000130–$0.00001390.
News:
Strong support at $0.00001100, where 200,000+ investors bought SHIB.
Increase in interest in SHIB futures: 11.46 trillion tokens ($147.27 million) in open interest.
Token burning: recently 116 million SHIB were burned, but a 24-hour zero burn rate has raised concerns.
New project: AI gaming platform Shib.fun supported by NVIDIA and Alibaba Cloud (22,000+ registrations).
Adoption: Amore Smiles (USA) accepts SHIB for payments.
Forecasts:
Potential growth to $0.00001230–$0.00001765 upon breaking resistance.
Long-term targets: $0.0007 by 2030 (Telegaon), $0.0001–$0.001 (speculatively).
A decrease to 10 trillion tokens could raise the price but requires burning 579 trillion SHIB.
Risks: Volatility, dependence on market sentiment, selling pressure due to large supply (589.25 trillion tokens). Conclusion: SHIB shows signs of recovery but remains a high-risk asset. Study the market before investing!
$shib