SHIB Faces Short-Term Correction but Maintains Weekly Gains Amid Market Shift

Shiba Inu (SHIB) experienced a 4.45% price drop to $0.00001312, coupled with a 22% decline in trading volume, signaling potential waning speculative interest. Despite this, SHIB retains a 9.47% weekly gain, holding a $7.73 billion market cap as investors pivot to other outperformers.

Shiba Inu Faces Price Correction Amid Declining Trading Volume

Shiba Inu (SHIB) retreated 4.45% to $0.00001312, erasing part of its recent gains as trading volume plunged 22% to $240 million. The simultaneous drop in both metrics suggests waning speculative interest, potentially foreshadowing a broader trend reversal for the meme coin.

Despite the pullback, SHIB maintains a 9.47% weekly gain with a $7.73 billion market cap. Market attention has shifted to outperformers like OFFICIAL TRUMP and Onyxcoin, while DeXe and Immutable lead decliners in the altcoin space.

Shiba Inu’s Path to $0.00005: A $1K Investment Could Yield Significant Returns

Shiba Inu (SHIB) trades at $0.00001319 as of early April 2025, showing resilience against broader crypto market trends. A 297% surge would propel the meme coin to $0.00005—a level last seen in late 2021. At this threshold, SHIB’s market cap would approach $29.46 billion.

Analysts suggest the $0.00005 target could materialize within months, turning current $1,000 investments into substantial gains. The projection hinges on renewed retail interest and ecosystem developments, though volatility risks remain acute for speculative assets.

Shiba Inu Builds Momentum with Latest SHIB Magazine Release

Shiba Inu continues to strengthen its ecosystem with the release of the latest edition of The SHIB Magazine. The publication highlights ongoing developments and community initiatives surrounding the meme-inspired cryptocurrency.

As one of the top meme coins by market capitalization, SHIB maintains its position alongside peers like DOGE and PEPE in capturing retail investor interest. The project’s consistent content delivery demonstrates a maturation beyond its origins as a speculative asset.

Shiba Inu’s Token Burn Rate Surges 1,361% Amid Mixed Market Signals

Shiba Inu recorded a dramatic 1,361% spike in its 24-hour token burn rate, sparking renewed interest in the meme coin. Despite trading at $0.00001309—a 3.95% decline—underlying metrics suggest growing network activity. New addresses increased 22.10% weekly, with active addresses rising 23.07%.

The burn rate surge contrasts with exchange inflows and long liquidations that reveal lingering risks. SHIB’s community-driven momentum appears stronger than price action indicates, though sustainability remains unproven.