SHIB News: Analysts Offer Mixed Price Predictions for Shiba Inu in 2025 Amidst Emerging Rival Projects
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Shiba Inu Price Prediction for 2025 and Rival Coins
Shiba Inu (SHIB), the widely known meme coin, continues to capture investors’ attention. As we approach mid-2025, traders and investors are evaluating SHIB’s future price trajectory, especially in comparison to emerging rival projects like AI-driven cryptocurrencies Dawgz AI. Analysts have mixed projections for SHIB’s 2025 price, largely influenced by market sentiment, adoption, and speculative trading. SHIB’s journey has been marked by extreme volatility driven by community enthusiasm and token burns.
Shiba Inu Whales Withdraw Over 2 Trillion SHIB Tokens From Exchanges
Over the past week, over 2 trillion Shiba Inu (SHIB) tokens have been withdrawn from major cryptocurrency exchanges, with Coinbase, Binance, and Uniswap leading the outflows. This large-scale movement of SHIB coincides with a period of price consolidation, leading to speculation about potential accumulation by large investors. Coinbase recorded its largest single withdrawal, with 1.73 trillion SHIB tokens, valued at approximately $24.15 million, transferred from a hot wallet to new private wallets. Binance also saw significant outflows of SHIB tokens.
Shibarium Surpasses 1 Billion Transactions, Pushing SHIB Discussion
Shibarium, the Layer 2 scaling solution for Shiba Inu, has reached a milestone of 1 billion on-chain transactions, highlighting organic network growth. However, a TradingView analyst has questioned SHIB’s potential to reach $1, citing market cap limitations. The price action for SHIB shows a critical support level at $0.00001296, with possible downside risk. This milestone confirms Shibarium’s status as decentralized infrastructure for upcoming applications.
Shiba Inu Dips Despite Shibarium’s Milestone
Shiba Inu’s price has dipped nearly 5% in the past day and 18% in the past week, currently trading at $0.0000122. Despite this downturn, Shibarium, a blockchain designed to enhance the Shiba Inu ecosystem, has processed a total of 1.005 billion transactions, marking a major milestone. The Ethereum-based token has also declined by 13% in the past month.