SHIB News: Early Bitcoin Investor Sees Potential in Shiba Inu Despite Recent Decline

Amidst the volatile cryptocurrency market, an early Bitcoin investor shares his insights on the future of Shiba Inu (SHIB), despite its recent decline.

Early Bitcoin Investor Explains Why Shiba Inu (SHIB) Could Go to The Moon

Shiba Inu (SHIB) traded steadily on Monday, March 10, 2025, following a week of modest fluctuations. However, the token has faced a significant decline over the past month, dropping 12.96% in the past week and 19.55% over the month. This downturn comes amid broader struggles in the meme coin market, which has seen a sharp 90% drop in activity following the LIBRA debacle. Despite these setbacks, early Bitcoin investor Davinci Jeremie remains optimistic about SHIB’s long-term potential, stating in a Friday video that he believes SHIB will do relatively well in this cycle.

Shiba Inu Push For Inclusion In Trump’s Crypto Reserve Signals Potential Price Explosion

Amid Shiba Inu (SHIB) finding itself in bear territory, the second-largest meme coin must hold the critical support zone of $0.000012 to avoid intensified price correction. Renowned market analyst Ali Martinez pointed out that Shiba Inu could find support at $0.000012 or at $0.0000094. According to CoinGecko data, SHIB was down 16.3% in the past month to hit $0.0000136. Despite a 13% drop in open interest, SHIB is witnessing a 42.27% increase in daily trading volume, illustrating that market activity and liquidity are on an upward trajectory.

Shiba Inu’s Uphill Battle: Will SHIB Surge by March 2025?

Shiba Inu, the well-known meme token, is struggling to gain momentum in a sluggish crypto market. Despite strong ecosystem development, SHIB has failed to break out significantly. As of now, the token is priced at $0.00001228, marking a 2% drop in the last 24 hours. Analysts remain divided on the future of SHIB, with some predicting a 450% surge if it sustains its breakout trend, while others suggest a further decline to $0.00001107 by March 2025 due to a bearish market outlook with weak price momentum and a Fear & Greed Index of 27.

Shiba Inu Price Prediction: Is SHIB a Good Buy Now?

Discussions focus on whether SHIB can still deliver strong returns or if newer projects offer better opportunities. Shiba Inu (SHIB) has remained one of the most talked-about meme coins in the crypto space. After its explosive rise in 2021, many investors continue to speculate on its future. While SHIB has established itself as a major player, the market is evolving. AI-powered meme coins like Dawgz AI ($DAGZ) are gaining traction by combining automated trading and staking rewards with meme coin appeal. As investors ask about the SHIB price prediction for 2025, it’s important to compare SHIB with high-growth alternatives. The idea of SHIB reaching $1 is highly unrealistic due to its massive supply of 589 trillion tokens.