Shiba Inu Price Prediction: SHIB Surges Past Bitcoin as Burn Rate Goes Nuclear – Is $1 SHIB Inevitable?
Shiba Inu isn’t just barking up the crypto tree—it’s setting the forest on fire. With a burn rate that’s turning heads (and wallets), SHIB leaves Bitcoin eating dust. Could this meme coin actually hit $1? Wall Street ‘experts’ are already clutching their pearls.
The Burn Factor
SHIB’s deflationary mechanics are working overtime—tokens vanishing faster than a hedge fund’s ethics. Every incinerated coin tightens supply, and traders are betting scarcity will drive prices into uncharted territory.
The $1 Mirage or Reality?
Let’s be real: a $1 SHIB would require a market cap that dwarfs Apple. But in crypto, rationality left the chat years ago. If Dogecoin can moon, why not the Shiba pack? Just don’t mortgage your house—yet.
The Bottom Line
SHIB’s rally proves crypto’s appetite for risk is alive and rabid. Whether it’s a pump or the real deal, one thing’s certain: traditional finance is still trying to short the wrong dog.
Shiba Inu Price Analysis: Is the Stage Set for $1
While a $1 Shiba Inu price remains speculative, the token’s increasingly bullish fundamentals add weight to the long-term case.
The recent launch of DegenSafe, SHIB’s response to Solana’s meme coin launchpads, and ongoing token burns could lift prices through increased adoption and scarcity.
Even without these catalysts fully priced in, the technical setup still points higher, backed by a developing six-month double bottom pattern.
Since its second bottom in mid-June, the shiba inu price has pushed steadily toward a breakout above the neckline at $0.0000177.
Momentum indicators continue to support the move. The RSI has rebounded from oversold territory in the 30s, climbing toward neutral as buying pressure returns.
More so, the MACD line continues to widen its lead over the signal line after a short-lived death cross, signaling underlying strength and a potential longer-term uptrend.
If the double bottom plays out, SHIB could see a 93% surge, targeting a higher resistance zone stretching back to early January at $0.000025.
However, its full potential hinges on a successful break above its neckline.
Still, that MOVE hinges on a clean break above the neckline. Until then, $0.000012 remains the key support to watch. Losing it risks a third bottom at $0.00001, invalidating the setup.
SHIB Might Not Be The Best Meme Coin Narrative to Follow
The truth is, SHIB has been in the background for months as traders chased fresher narratives. On the speculative meme coin scene, attention is the fuel that drives price moves.
Few stand to capitalize on this momentum as much as “mission coins,” the purest FORM of meme coin, fueled purely by a devoted community.
We are at a pivot point.
Dozens more launchpads will come.
Millions of gamble coins will come and go.
But only a handful of MISSION COINS will WIN. pic.twitter.com/rxsVfeux8A
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