Shiba Inu Price Prediction: Can SHIB Reach New Highs Amid Market Volatility?
The post Shiba Inu Price Prediction: Can SHIB Reach New Highs Amid Market Volatility? appeared on BitcoinEthereumNews.com.
Shiba Inu price prediction has been my go-to obsession ever since I loaded up on SHIB during the 2021 madness, back when meme coins felt like lottery tickets with personality. I’ve ridden the highs, survived the dips, and lately, I’ve been watching it like a hawk. With the market flipping moods daily, it’s hard not to wonder: can SHIB actually reach new highs again? Especially now that newer players like Dawgz AI are making waves in the meme coin space. If you’ve ever sat through the chaos with diamond hands, you’ll want to see where SHIB could be heading next. Shiba Inu Price Prediction Forecast (2025–2029): Can SHIB Regain Momentum? Current Snapshot: SHIB’s Short-Term Position in the Market As of March 25, 2025, Shiba Inu is trading at $0.00001348, showing a 2.36% uptick in the last 24 hours, with a daily trading volume of over $220 million and a market cap of $7.95 billion. It’s hovering near the higher end of its 24-hour range, and while that’s encouraging, the broader sentiment remains bearish, with the Fear & Greed Index sitting at 46 (Fear). For up-to-date stats and market trends, you can view SHIB’s data on CoinCodex. SHIB is currently down 85% from its all-time high of $0.00008819, and it’s trading below its 200-day simple moving average. Despite being 85% below its all-time high of $0.00008819, SHIB hasn’t flatlined. It’s still riding on strong community loyalty and a few technical positives: Negative supply inflation: Now at -0.01%, showing a rare deflationary trend in meme coins 15 green days in the last month, showing occasional momentum Trading below the 200-day moving average, which signals caution for technical traders SHIB’s Strengths, Risks, and Where It Could Go Next With a circulating supply of 589.25 trillion SHIB and a market dominance of 0.28%, SHIB…
Filed under: News - @ March 28, 2025 6:22 am