SHIB Price Prediction: Can Shiba Inu Out-Perform Panshibi (SHIBI), Its Biggest Rival In The Memecoin Game To Date?
The post SHIB Price Prediction: Can Shiba Inu Out-Perform Panshibi (SHIBI), Its Biggest Rival In The Memecoin Game To Date? appeared on BitcoinEthereumNews.com.
Those who have been paying attention would have noticed the ongoing battle between Shiba Inu (SHIB), one of the most dominant meme coins, riding waves of hype and community-driven momentum, and Panshibi (SHIBI), The New Viral Memecoin. This new challenger entered the meme coin arena recently. With different Shiba Inu price prediction technical indicators suggesting slower growth, many investors wonder whether SHIB can still deliver explosive returns or if SHIBI, the viral panda-themed meme coin taking over the market, is the smarter play. Shiba Inu Price Prediction: Can SHIB Still Deliver Big Returns? Shiba Inu rose to fame as “the Dogecoin killer”, backed by massive community support and the launch of its Layer 2 blockchain, Shibarium. However, despite all the hype, SHIB’s price has struggled to break key resistance levels. According to a recent CNN report, SHIB suffered a major decline due to investors dumping their tokens in favour of other better-performing meme tokens. A look at SHIB’s chart on TrandingView shows that the token has declined a whopping 65% from its ATH reached in early December 2024. Shiba Inu Price Prediction analysts aren’t even optimistic. Short-term predictions show that SHIB’s price is bound to remain within the $0.000011 and $0.000017 range in the next 3 to 6 months and would break out only if Bitcoin rallies significantly. Meanwhile, some long-term projections suggest the token’s price will reach $0.000025 by 2025, but this would only be a mere 2x return from current price points. Worse yet, there are other concerning issues that trouble investors. For instance, SHIB’s massive token supply (still in the quadrillions) continues to make significant price jumps difficult, even with token burns, which poses key risks for investors. Also, while SHIB still has a strong community, many long-time holders are frustrated by slow price movements and seek…
Filed under: News - @ March 10, 2025 3:22 am