$SHIB

Shiba Inu (SHIB) is known for its high volatility, with significant price swings in short periods. Recently, SHIB's price surged 19% in seven days, solidifying its position as the second-largest meme coin. However, technical signals suggest both opportunities and risks for traders. The coin's burn rate has been inconsistent, with a recent 98.49% drop in token burns. Analysts predict potential rebounds, but market conditions remain uncertain. SHIB's price fluctuations are influenced by market trends, whale activity and community sentiment. With a market capitalization of $8.28 billion, SHIB's price volatility presents both opportunities and risks for investors. Recent predictions suggest SHIB's price could reach $0.0000188 in August 2025, but may also drop to $0.0000166. Investors should monitor market trends closely ¹ ² ³.