Of course, here is a comprehensive analysis of Shiba Inu (SHIB) — which is often referred to in trading as CHIBA on the Binance platform — based on the latest data and analyses available as of August 9, 2025:
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Current situation (Price, Volume, Trading)
The current price is approximately: 0.0000136 USDT, experiencing a slight increase of about 3-5% over the past 24 hours.
The market cap is nearly $8 billion, with daily trading in the range of $200–220 million.
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Technical analysis and chart structure
The descending channel pattern indicates seller dominance with repeated attempts to hold at support levels, especially 0.000011 USDT.
The descending triangle may lead to continued decline if a clear upward breakout does not occur.
In contrast, the burn rate has significantly increased (3,465% over 24 hours), reducing the circulating supply and theoretically boosting the price.
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Price predictions (Short-term and Long-term)
Timeframe Predictions
Short-term Near resistance $0.000013 → $0.000014–0.000016
Year 2025 Optimistic estimates of $0.0000326, with some predictions reaching $0.0000847
2027–2030 Scenarios reaching $0.00008 or more, with some technical analyses indicating $0.00045 by 2031
There are conservative forecasts indicating that reaching $0.01 is impossible, although some followers believe it could happen in the future under very bullish market conditions.
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Strengths and weaknesses
** Strengths **
A huge and vibrant community base contributes to raising interest and community drive for projects.
Concrete technical steps like Shibarium and the expansion of usage in DeFi and NFTs enhance potential long-term value.
Notable burning activity may contribute to raising the price upon continuous buying pressure.
** Weaknesses **
The nature of the coin as a 'meme coin' means that the price is affected more by speculative surges than practical use.
The bearish chart structure and negative pattern in the short term indicate the possibility of continued selling pressure.
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Summary
The price is currently around 0.000013–0.000014 USDT, with slight fluctuations.
The short-term trend indicates a swing between support and resistance, requiring a clear breakout above the upper limit.
Medium to long-term expectations range between $0.00003 and $0.00008, possibly more in a highly optimistic scenario.
Steps like burning tokens and developing the Shibarium platform make betting on a potential rise risky but uncertain.
