Predicting whether the price of Shiba Inu ($shiba) will rise or not depends on multiple factors, and no one can accurately predict price movement due to the volatile nature of the cryptocurrency market. However, I will provide you with a brief analysis based on current factors and common forecasts until April 2025, focusing on aspects that may affect the price:
Factors that may support the rise in Shiba Inu's price:
Token Burning:
Shiba Inu is working to reduce the circulating supply by burning tokens. For example, it saw a significant increase in the burn rate by 7200% in February 2025, resulting in billions of tokens removed from circulation. Reducing supply may increase demand and push the price higher if this trend continues.
Ecosystem developments:
Shibarium: Shiba's layer two blockchain aims to reduce transaction costs and increase speed. Updates like Heimdall and Bor enhance compatibility with Ethereum, which may attract more users and developers, a positive factor for the price.
Shiba Eternity: The experimental web 3 game launched in 2024 may increase the burn rate and enhance interest in the currency if it succeeds.
Community support and marketing:
The 'Shib Army' community is very active and promotes the currency through social media. Major announcements or partnerships (like new listings on major exchanges) can lead to short-term price spikes.
General market momentum, especially if currencies like Bitcoin or Ethereum rise, tends to drive meme coins like SHIB to achieve relatively larger gains.
Market sentiment:
The rise of other meme coins (like Dogecoin or new coins such as ($TRUMP) may boost interest in meme coins in general, including SHIB$.
Factors that may limit the rise:
High Volatility:
Shiba Inu is a meme coin, thus its price is heavily influenced by hype and speculation more than fundamentals. Recent warnings indicate a potential price drop of 50% if a descending triangle pattern forms, with testing support levels at $0.000006.
Previous declines (such as an 80% drop from the 2021 highs) show how volatile the currency is.
Large circulating supply:
Despite the burning, there are still 589 trillion SHIB circulating, making it difficult to achieve significant highs (like reaching $0.01) without massive burning or unprecedented demand. For example, if SHIB reached $0.1, its market cap would be $100 trillion, which is unrealistic compared to the current market.
Competition:
Other meme coins like Dogecoin or new coins may attract investors' attention away from SHIB.
The recent decline in transaction numbers on Shibarium may indicate a slowdown in activity, reducing optimism.
Divergent technical forecasts:
Some analyses indicate resistance at $0.00002, and failure to break through this level may lead to a drop to $0.000015. However, if the price exceeds $0.000025, it may target $0.00003. The Relative Strength Index (RSI) at 53 reflects a neutral position, indicating that momentum is not strong yet.
Price predictions (not guaranteed):
Short-term (2025): Predictions range between $0.00002 and $0.00004, with the potential for a rise if burning continues or positive news occurs (such as new listings or the success of Shiba Eternity).
Medium-term (2027-2030): Some sources are optimistic, predicting prices between $0.00009 and $0.000145 by 2030, but other sources like DigitalCoinPrice see slower growth (around $0.0000481 by 2025).
Long-term (like $0.01 or $1): Achieving levels like $0.01 requires massive burning (reducing supply to less than 1% of the current) and a huge increase in demand, which is unlikely in the coming years. A level of $1 is considered almost impossible due to the resulting market cap.
Will the price rise?
Possible answer: The price of Shiba Inu may rise in the short term if positive news continues (like increased burning or Shibarium improvements) and if the general market (like a Bitcoin rise) supports this trend. However, significant increases are limited due to the massive supply and the speculative nature of the currency.
Bullish scenario: A breakout above $0.00002 with increased trading volume could drive the price to $0.00003 or higher in 2025.
Bearish scenario: If the price fails to maintain support at $0.000015, it may drop to $0.00001 or lower.
Investor tips:
Conduct thorough research: Don't rely solely on predictions or hype. Understand the Shiba ecosystem and the risks associated with meme coins.
Risk management: Only invest what you can afford to lose, as SHIB is high risk.
Follow the news: Keep an eye on Shibarium updates, burning events, and general market sentiment.
Technical analysis: Use indicators like RSI, moving averages, and support/resistance levels to identify entry and exit points.
Summary:
It is possible for the price of Shiba Inu to rise in 2025, especially if supported by strong technical developments and positive market momentum. However, significant increases (like reaching $0.01) are unlikely in the near term due to the large supply and the speculative nature of the currency. If you are considering investing, be cautious and closely follow news and technical analyses. If you need deeper analysis or have a specific time frame in mind, let me know and I will help you!