Shiba Inu (SHIB), Dogecoin (Dogge) and Pepe (Pepe) did not rise as fast as competitors, such as disappointing investors. However, Shıb increased by 99 %during 2024 and reached a market value of $ 10.94 billion. So, can Shıb make a big explosion in 2025?
Is Shiba Inu rising?
In the last 24 hours, Shıb’s transaction volume increased by 18 %and the price increased by 2 %and reached $ 0.0000186. In addition, the burning rate increased by 284 %to the abolition of 12.5 million SHIB from the circulation. To date, a total of 410,743 trillion shibs have been burned.
Analyst Investinghaven thinks that Shıb will come to the fore with a strong investor demand in 2025. Despite the depreciation of 20 %in January, the analyst states that the “W” return formation, which gives signals, has occurred. If the momentum is preserved, the price is expected to rise to $ 0.0001.
Can Shıb reach $ 0.0001?
The price of SHIB is moving in critical fibonacci levels. If these levels are exceeded, a strong bull rally may start. Currently, under 78.9 %of the highest level of all time, but positive developments for Altcoin ETFs increase investor optimism.
Technical indicators give mixed signals. The RSI value is 37.67 and this shows that sales pressure continues. However, the upward tendency indicates that buyers gain strength. Shıb is likely to re -test $ 0.000020.
What do the technical indicators say?
The MACD indicator continues to sign the daily graph. Macd and signal lines are approaching each other, which indicates that the change of momentum may be close. If the crossover occurs, it can turn the price direction up. In addition, the continuation of the Shıb community’s burning process enables the gradual decrease of supply.
If the burning rate persists at this speed, it can have a positive effect on the price by decreasing the supply of circulating in the market. If the interest of big investors increases, Shıb may experience a significant price burst in the long term. Shıb investors should closely monitor price movements. If bulls take control, Shıb may reach $ 0.0001 in 2025. However, if market conditions change, fluctuation in the short term may be inevitable. Experts emphasize that investors should act with solid analyzes without getting caught in FOMO.
