SHIB Price Prediction: Will SHIB Hit 1 Cent?

#SHIB

• Technical Indicators: SHIB is trading below its 20-day MA but shows bullish MACD signals.
• Market Sentiment: Whale activity has declined, but Shibarium burns and wallet growth offer long-term support.
• Price Target: Reaching 1 cent would require a 75,000% increase, making it unlikely in the near term.

SHIB Price Prediction

SHIB Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst William, SHIB is currently trading at 0.00001324 USDT, slightly below its 20-day moving average (MA) of 0.00001336. The MACD indicator shows a bullish crossover with the MACD line at 0.00000115 and the signal line at 0.00000105, indicating potential upward momentum. The Bollinger Bands suggest a range-bound market with the upper band at 0.00001490 and the lower band at 0.00001181. William notes that a break above the 20-day MA could signal further gains, while a drop below the lower Bollinger Band may indicate a bearish trend.

SHIB Market Sentiment: Whale Activity and Burn Mechanism in Focus

BTCC financial analyst William highlights that SHIB''s market sentiment is mixed. Whale transactions have plummeted ahead of U.S. inflation data, suggesting caution among large investors. However, the expansion of the investor base to 1.5 million wallets and the potential for 10 trillion monthly burns via Shibarium could provide long-term support for SHIB''s price. William believes these factors may counterbalance short-term volatility and foster a more stable price environment.

Factors Influencing SHIB’s Price

Shiba Inu Whale Transactions Plummet Ahead of U.S. Inflation Data Release

Shiba Inu (SHIB) whales have sharply reduced high-value transactions exceeding $100,000, with activity dropping 91.5% over four days as markets brace for potentially inflationary U.S. economic data. The pullback shifts market dynamics toward retail investors, even as SHIB prices show surprising strength.

The cryptocurrency breached key resistance at $0.0000133 amid a 975 billion volume surge, climbing 4.6% to establish new support above the 100-day moving average. Technical patterns reveal an ascending channel formation, with bulls now targeting $0.0000135 after a decisive breakout during the Asian trading session.

Network growth continues unabated, with a record 1.5 million wallets now holding SHIB tokens—representing 0.011% of global population. This grassroots adoption contrasts with institutional caution ahead of macroeconomic catalysts.

Shiba Inu Price Projection: 10T Monthly Burns via Shibarium Could Reshape SHIB Economics

Shiba Inu''s Layer-2 solution Shibarium has emerged as a deflationary force for the meme coin, with automated burns now processing 1 billion SHIB monthly since August 2024. The network''s potential to scale this mechanism to 10 trillion monthly burns presents a radical supply shock scenario.

At projected burn rates, Shibarium could theoretically erase SHIB''s entire 589.5 trillion circulating supply within five years. This comes as the protocol converts transaction fees from BONE to SHIB before permanent removal, creating a self-sustaining economic loop that rewards adoption with scarcity.

Market analysts note that while current burns represent a fraction of total supply, the exponential adoption curve of Layer-2 networks suggests burn acceleration could outpace initial projections. The August 2023 manual burns of 50 billion SHIB established proof-of-concept, but automated systems now enable precision targeting of supply reduction.

Shiba Inu Investor Base Expands to 1.5M Wallets Amid Price Consolidation

Shiba Inu''s ecosystem shows resilience as wallet holdings reach a record 1.51 million addresses, representing 0.011% of global population. The milestone comes despite SHIB''s stagnant price action at $0.00001268, suggesting a divergence between adoption and valuation.

Lucie, Shiba Inu''s marketing lead with 168k followers, highlighted the growth through social media analytics. ''The army is growing. The mission is alive,'' she declared, referencing the expanding holder base that now surpasses previous all-time highs.

Technical indicators hint at brewing momentum, with the Simple Moving Average nearing a bullish crossover. Market observers note this convergence of network growth and technical patterns often precedes significant price movements in crypto assets.

Will SHIB Price Hit 1?

While SHIB has shown resilience and growing adoption, hitting 1 cent (0.01 USDT) would require an unprecedented surge in demand and market capitalization. Currently trading at 0.00001324 USDT, SHIB would need to increase by approximately 75,000% to reach this level. BTCC financial analyst William suggests that while the Shibarium burn mechanism and expanding investor base are positive developments, such a price target remains highly speculative in the near term. Below is a summary of key technical levels: