Shiba Inu (SHIB) is currently trading at approximately $0.0000147, reflecting a 2.07% increase over the past 24 hours. The price experienced a dip to $0.00001397 before rebounding to close near $0.00001463.
In this article we will analyse when will shiba inu reach $1 and will look at technical indicators and latest news.
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Shiba Inu 2025 Target
- Current Price: $0.0000147
- 24h Price Change: +2.07%
- 24h Range: $0.00001397 – $0.00001463
- Market Cap: ~$8.7 billion
- 24h Trading Volume: ~$195 million
- Circulating Supply: ~589.4 trillion SHIB
There are some signs of trend reversal: breakout from Falling Wedge was followed by a Higher Low and Higher High (above prior upswing high).
Price got rejected at $0.000018 (200 SMA) resistance on initial approach but it’s likely to revisit that level again for +20% potential upside from $0.000015 entry. Stop Loss at $0.0000135.
Technical Analysis
- Relative Strength Index (RSI): ~60 (Neutral zone)
- MACD: Bullish crossover observed
- Support Levels: $0.0000133, $0.0000125
- Resistance Levels: $0.0000150, $0.0000165
- Current Trend: Sideways with slight bullish bias
Latest Shiba Inu News & Developments
- Market Momentum
SHIB’s recent rebound suggests potential upward movement. A breakout above $0.0000150 could confirm bullish continuation. - Token Burns
SHIB’s community-led burn initiatives continue, slowly reducing circulating supply to support long-term price appreciation. - Whale Activity
Significant whale movements have been detected, hinting at renewed institutional or large investor interest.
Will SHIB Reach $1?
Reaching $1 is a long-standing dream among SHIB holders, but the math makes it extremely unlikely
- With ~589 trillion tokens in circulation, SHIB would require a market cap of $589 trillion to hit $1.
- Even if 99% of the supply were burned, a $1 price would still require a market cap near $5.89 trillion—many times greater than Bitcoin’s.
- Unless SHIB undergoes an extreme and successful supply-reduction mechanism, combined with unprecedented global adoption, $1 is highly improbable.
That said, price milestones like $0.0001 or $0.001 are more realistic long-term targets if adoption and burns continue.
👉 Short-Term Outlook: Neutral to mildly bullish
📉 Risk Factor: High, due to speculative nature and whale-driven volatility
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