🔥🐶 SHIBA INU’S CURRENT STATUS AND WHERE IT’S HEADING BY JUNE END 🐶🔥
Shiba Inu ($SHIB), the popular meme coin turned utility token, is currently showing signs of steady momentum in a volatile market. As of now, SHIB is trading within a narrow range, consolidating after its earlier 2025 highs. Despite recent corrections, the SHIB community remains strong, with whale wallets continuing to accumulate, a sign of confidence in the long-term vision of the project.
One major driver behind SHIB’s recent activity is the expanding utility of the Shibarium Layer-2 blockchain. Transaction volumes on Shibarium are gradually increasing, and developers are working on DApps and NFT projects within the ecosystem. Additionally, token burns continue to reduce the overall supply, aiming to create upward price pressure over time.
As we approach the end of June 2025, market analysts are cautiously optimistic. If Bitcoin maintains its position above key support zones, SHIB could ride the broader bullish wave. A modest price increase between 10–20% is expected if bullish sentiment holds, potentially pushing SHIB to new short-term resistance levels.
However, SHIB remains sensitive to broader market movements and meme coin trends. Investor attention, social media buzz, and developments within the Shiba ecosystem will be crucial in determining its short-term fate.
Whether you're holding SHIB for the long term or trading it short term, keeping an eye on market sentiment and Shibarium updates is key.
Do you think SHIB can surprise everyone with a breakout before June ends? Let us know your thoughts below!👇