Shiba Inu (SHIB) is currently trading around $0.0000135, showing a modest bit of momentum—about a 5–6% gain today but faced with strong resistance that may limit its next move .
That massive burn rate surge 3,465% in 24 hours helps shrink supply and could fuel a short term rally if breakout levels are cleared . At the same time, launching on Base with a new burn engine and whales accumulating suggests growing structural strength in the SHIB ecosystem .
Still, the dream of $1 SHIB remains distant. With a circulating supply near 589 trillion tokens, that milestone would require a $589 trillion market cap an astronomical leap compared to current global market sizes . Most forecasts now point toward only small gains, like trading in the $0.000014-$0.000017 range over time .
Key Highlights
SHIB is showing slight bullish signs but still struggles versus other meme coins like DOGE or PEPE .
Breakouts are possible if the burn momentum continues and whales stay active .
A realistic scenario sees SHIB inching toward $0.00002, not $1 unless radical tokenomics change occurs .
Pro tip: If you believe in SHIB’s future, consider holding, watching burn trends, and waiting for a clear breakout. Think of potential gradual moves rather than a moonshot.
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