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SHIB Price Prediction: Can the Meme Coin Defy Gravity?

SHIB Price Prediction: Can the Meme Coin Defy Gravity?

Author:
SHIB News
Published:
2025-07-10 15:17:03
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

#SHIB

  • Technical indicators show SHIB testing resistance at upper Bollinger Band with weakening bearish momentum
  • Conflicting fundamentals between increased token burns and persistent whale selling pressure
  • $1 target would require market cap exceeding global GDP by 5,000%

SHIB Price Prediction

SHIB Technical Analysis: July 2025 Outlook

According to BTCC financial analyst Sophia, SHIB's current price of $0.00001241 sits slightly above its 20-day moving average ($0.00001158), suggesting mild bullish momentum. The MACD histogram shows weakening bearish pressure (-0.00000028), while price hovering NEAR the upper Bollinger Band ($0.00001243) indicates potential resistance. Key support lies at the lower band ($0.00001074).

SHIBUSDT

Mixed Signals for SHIB as Burn Rate Climbs

BTCC's Sophia notes conflicting market signals: while Shiba Inu's token burns hit record highs, whale selling and futures market activity create headwinds. 'The 11,937% rally prediction for a rival token shows speculative capital remains active in meme coins,' Sophia observes, 'but SHIB's price recovery faces real challenges despite its growing utility narrative.'

Factors Influencing SHIB's Price

Shiba Inu Token Burns Surge Amid Market Indifference, Rival Token Eyes 11,937% Rally

Shiba Inu's burn rate has accelerated dramatically, with 9.5 million SHIB tokens permanently removed from circulation in a single day. The meme coin's deflationary mechanism aims to boost value through scarcity, yet prices remain stagnant at $0.00001181 despite the aggressive supply reduction.

Market data reveals muted short-term demand response, though Shibburn reports one of the highest daily burn volumes this year. Technical indicators show fleeting bullish momentum before consolidation resumed, leaving many holders underwater. Meanwhile, an unnamed sub-penny token is positioning for a potential 11,937% breakout by Q4.

Shiba Inu's Meteoric Rise Challenges Meme Coin Stereotypes as Remittix Emerges

Shiba Inu has cemented its position among the top 10 cryptocurrencies by market capitalization in 2025, with its valuation nearing $7 billion. The token's ascent reflects growing institutional interest beyond its meme coin origins, fueled by Shibarium's layer-2 advancements and strategic token burns. Analysts observe sustained network activity, including over 1 billion transactions processed, signaling robust adoption.

Market projections diverge on SHIB's trajectory, with forecasts ranging between $0.0000133 and $0.0000326 for 2025. While some analysts anticipate breakout momentum, others emphasize the need for accelerated token burns to achieve higher price targets. The ecosystem's expansion into DeFi and NFTs continues to attract capital inflows.

Meanwhile, Remittix gains traction as a pragmatic alternative, offering crypto-to-fiat solutions that appeal to institutional investors. Its real-world utility presents a counterpoint to speculative assets, potentially redirecting market liquidity toward functional blockchain applications.

Shiba Inu's Price Recovery Faces Whale Selling Amid Rising Futures Interest

Shiba Inu (SHIB) shows tentative signs of recovery as futures open interest surpasses 7 million tokens for the first time since late May. The meme token gained over 1% in 24 hours, trading above a key Fibonacci level, while weekly gains reached 5%.

Market momentum appears bullish with the 14-day RSI crossing above 50 for the first time in weeks. Trading volumes have exceeded the 307.5 billion token daily average during this recovery phase, suggesting growing investor interest.

Binance's SHIB perpetual futures market tells a conflicting story. While open interest and positive funding rates indicate bets on further gains, blockchain data reveals whales moving trillions of tokens to exchanges. Ten wallets control more than half of SHIB's supply, creating potential headwinds for the rally.

Will SHIB Price Hit $1?

Sophia calculates that reaching $1 would require a 8,060,000% increase from current levels - making it statistically improbable without catastrophic dollar devaluation. Key metrics comparison:

MetricValue
Current Price$0.00001241
Market Cap at $1$589 trillion
Required Growth8,060,000%

While ecosystem developments may support gradual appreciation, dollar parity remains firmly in meme territory.

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