SHIB News: Potential Price Surge Looming as Exchange Reserve Hits All-Time Low

The Shiba Inu (SHIB) cryptocurrency has been the subject of much volatility in recent months, but recent developments suggest that a price surge may be on the horizon. Here’s what you need to know.

Shiba Inu Price Surge Imminent as Exchange Reserve Hits All-Time Low

The Shiba Inu (SHIB) ecosystem has seen volatile trading in recent months, with the asset recovering today after a 21% drop in the past 30 days. Despite a positive rise in late 2024, SHIB struggled to maintain the trend in 2025. However, recent on-chain metrics suggest a potential uptick in the near future. At the time of writing, SHIB was trading at $0.00001304, up 2.35% over the past 24 hours, bucking the trend of overall market losses.

Shiba Inu Reserves Plummet to Record Lows

Shiba Inu’s exchange reserve has plummeted to a historic low of 96.6 trillion. The daily burn rate of SHIB skyrocketed by 49,552%, with 13.29 million SHIB permanently removed from circulation. SHIB showed signs of weakness after losing over half of its 9.40% weekly gain, with trading volume down 50%. On-chain data reveals a major exit of long-term holders and a sharp decline in SHIB reserves on exchanges. With SHIB now over 80% below its all-time high, its dominance among memecoins is in question.

Will Shiba Inu Finally Hit $1 in 2025? Analysts Are Skeptical—But This Altcoin Could Get There in Just 2 Months!

Experts doubt Shiba Inu (SHIB) will reach the $1 mark in 2025, but investors are shifting to a new token they believe will achieve this in two months. This contender could disrupt the crypto market and offer new profit opportunities. Meanwhile, XYZVerse has emerged as the top meme project, blending sports energy and meme coin culture.

Shiba Inu (SHIB) Price Prediction and Analysis for March 18

Shiba Inu (SHIB) is currently trading at $0.00001240, down 5.28% in the last 24 hours and 22.37% in the past 30 days. Technical analysis reveals that the 50-period and 200-period moving averages are trending downward, indicating bearish sentiment. The price is below recent average price levels, suggesting this trend may persist.