#Shibalnu #Shibarium #SHIB

Bullish Drivers:

Ecosystem Development: Shibarium (Layer-2 blockchain) and ShibaSwap enhance utility, potentially increasing demand.coinbase.comcoindesk.com

Community Engagement: The “SHIB Army” drives visibility and adoption, with over 500 merchants accepting SHIB and campaigns like AmazonSmile for dog rescues.coinmarketcap.comtradingview.com

Burn Mechanism: Significant token burns (e.g., 40% by Vitalik Buterin, recent burns of billions) reduce supply, potentially boosting price.coinmarketcap.com

Market Sentiment: SHIB’s correlation with Bitcoin (0.790 with top 10 coins, 0.799 with top 100) suggests it benefits from broader crypto bull runs.coincodex.com

Conclusion

Current Trend: SHIB is in a bullish short-term trend, with potential to test $0.00001500–$0.00002500 if it breaks resistance at $0.000014103. The monthly chart’s symmetrical triangle suggests a breakout could lead to significant gains, but failure to hold support at $0.0000122 could trigger a pullback to $0.00001038 or lower.

2025 Outlook: The trend leans neutral to bullish, with prices likely ranging from $0.00003 to $0.00007515, depending on Shibarium’s success, burn rate, and market conditions. Long-term growth to $0.0001–$0.000321 by 2030 is possible but hinges on utility and adoption. A $1 price is highly unlikely due to SHIB’s massive supply.

Recommendation: Monitor key levels ($0.0000122 support, $0.000014103 resistance) and watch for Shibarium updates or Bitcoin’s influence. Given SHIB’s volatility, only invest what you can afford to lose and conduct your own research.

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