As of June 20, 2025, here are the latest news and key developments related to Shiba Inu (SHIB):
1. Whale Activity:
* SHIB has seen a significant increase in whale flows (large investors) of over 1000% over the past week, with whale holding flows reaching a six-month high. This activity suggests that strategic investors may be positioning early for a potential price rebound.
* However, overall, whales have reduced their positions in SHIB during the first half of 2025, with a net outflow of around 20 trillion SHIB, indicating a cautious stance by major players.
2. Shibarium (Layer 2 Network):
* A major update for Shibarium was implemented in June 2025 aimed at resolving congestion issues and improving the distribution of validator nodes. This update aims to provide more stable support for DeFi and NFT projects on the network.
* Despite improvements, early adoption of Shibarium remains relatively slow, as the total value locked (TVL) is small compared to other blockchains.
* The number of unique wallet addresses holding SHIB reached a new record of over 1.511 million addresses in June 2025, indicating continued community growth.
3. Price Performance and Predictions:
* The price of SHIB has decreased by 1% over the past 24 hours, 8% over the past week, and 20% over the past month (as of June 19, 2025).
* SHIB continues to trade below key technical support levels (50-day, 100-day, and 200-day exponential moving averages).
* SHIB price predictions for 2025 indicate significant volatility, with forecasts ranging from around $0.0000137 as a potential minimum to $0.0000721 as a potential maximum, depending on market conditions and developments.
* Some analysts indicate that SHIB may experience a significant increase in value if the cryptocurrency market as a whole recovers and its technological projects and partnerships develop.
4. Other Developments in the Ecosystem:
* The Shiba Inu project is actively working on its projects in the metaverse and gaming, and the Shib: The Metaverse project has entered the initial testing phase (Alpha testing) in mid-2025.
* The Shiba Inu community continues to be the backbone of the currency, providing energy, marketing, and a basic level of demand.
Important Note: The cryptocurrency market is highly volatile, and these news and forecasts rely on data available up to June 20, 2025. It is always advised to conduct your own research before making any investment decisions.