SHIB’s Bullish Momentum: From Meme Token to Utility Powerhouse
The meme coin sector, valued at $72 billion, is showing signs of a historic breakout, with sub-penny tokens like shiba inu ($SHIB) leading the charge. Currently trading at $0.00001454 USDT, SHIB has surged 14% in the past two weeks, evolving from a meme token to a utility-driven project with an $8.3 billion market cap. This article explores SHIB’s bullish momentum and its potential to outperform during crypto bull runs.
3 Cheap Meme Tokens Under $0.01 Show Bullish Momentum
The $72 billion meme coin sector is signaling a potential historic breakout, with several sub-penny tokens positioned to lead the charge. Shiba Inu ($SHIB), currently trading at $0.00001423 after a 14% fortnightly gain, exemplifies this trend—transforming from meme status to a utility-driven project with an $8.3 billion market cap.
Market dynamics suggest that during crypto bull runs, meme coins don’t merely follow trends but often catalyze them. Tokens like $SHIB demonstrate how low-price assets can accumulate staggering valuations, with some analysts speculating about eventual climbs toward psychological price barriers like $1.
Shiba Inu Forecasted To Surge 300% by October 2025 Amid Market Recovery
Shiba Inu (SHIB) shows signs of resilience despite a turbulent year, with a 15.88% monthly gain overshadowing its 40% annual decline. The meme coin dipped 10% last week but has since rebounded 2% in the past 24 hours, trading at $0.00001417.
Analysts project a 300% price surge by October 2025, fueled by anticipated market volatility. The asset’s recovery mirrors broader crypto market trends, with SHIB demonstrating unexpected stability for a meme-based token.
Shiba Inu Burn Rate Plummets 79.89% in 24 Hours, Raising Concerns Over Meme Coin’s Deflationary Strategy
The Shiba Inu (SHIB) ecosystem faces a startling setback as its token burn rate collapses by nearly 80% within a single day. Only 8.26 million SHIB were removed from circulation—a stark contrast to the previous 24-hour period’s 49 million burns. This mechanism, once hailed as critical for sustaining SHIB’s value through artificial scarcity, now shows alarming fragility.
Analysts tracking the meme coin’s on-chain activity via Shibburn platform report the steepest single-day decline in burn history. The abrupt slowdown threatens to undermine investor confidence in SHIB’s long-term deflationary model, particularly as the project transitions from speculative asset to ecosystem token.
Shiba Inu Price Prediction: Trader Foresees Explosive Move Amid Unusual Setup
Shiba Inu (SHIB) has surged nearly 18% over the past month, riding the wave of a broader meme coin resurgence after months of sustained selling pressure. The asset’s weekly price action over the past four years suggests a potential breakout into uncharted territory, according to crypto trader Joey Keasberry.
Keasberry describes SHIB’s chart as "one of the most unreal" he has encountered, noting its prolonged consolidation phase. While no immediate breakout signals are evident, he warns that such a MOVE could trigger explosive volatility. "When this breaks out, you’ll want a piece of it," he tweeted, accompanied by a price chart analysis.
