SHIB Price Prediction: Can the Meme Coin Overcome Technical and Regulatory Hurdles?

#SHIB

• SHIB trades below 20-day MA with bearish MACD crossover
• Shibarium network hits 1.5B transactions despite price decline
• $1 target would require unprecedented 7.7 million percent rally

SHIB Price Prediction

SHIB Technical Analysis: Bearish Signals Emerge Below Key Moving Average

SHIB currently trades at $0.00001296, slightly below its 20-day moving average of $0.00001300, indicating weakening momentum. The MACD shows a bearish crossover with the signal line (0.00000088) above the MACD line (0.00000082), while Bollinger Bands suggest potential volatility with price hovering NEAR the middle band.

Mixed Signals for SHIB: Whale Activity Surges Amid Regulatory Concerns

While Shiba Inu's Shibarium network achieves 1.5B transactions and whale activity spikes 100%, the market faces headwinds from ransomware-related crypto laundering concerns. 'The network growth is impressive but macroeconomic factors could limit upside,' notes BTCC's William.

Factors Influencing SHIB's Price

Embargo Ransomware Launders $34M in Crypto — Regulatory Risks Emerge

The Embargo ransomware group has laundered over $34 million in cryptocurrency since April, targeting U.S. hospitals and critical infrastructure. Blockchain analytics firm TRM identifies the group as a ransomware-as-a-service (RaaS) operation, with victims including Memorial Hospital and Manor in Georgia and Weiser Memorial Hospital in Idaho. Ransoms have reached as high as $1.3 million.

Technical similarities suggest Embargo may be a rebranded version of the defunct BlackCat (ALPHV) operation. Both groups use the Rust programming language and share wallet infrastructure on the blockchain. Embargo employs a complex laundering network involving intermediary wallets, high-risk exchanges, and sanctioned platforms like Cryptex.net.

Concerns are mounting over potential regulatory fallout for cryptocurrencies like SHIB, as authorities scrutinize laundering pathways. The group’s activities highlight persistent vulnerabilities in crypto’s illicit finance defenses.

Shiba Inu Whale Activity Surges 100% Amid Price Rally

Shiba Inu (SHIB) has seen a dramatic 100% spike in whale activity as its price climbed 8% over the past week. Blockchain analytics firm IntoTheBlock reports large outflows from major wallets, signaling accumulation by high-net-worth investors. On August 7, approximately 359.6 billion SHIB tokens ($4.9 million) moved from exchanges to cold storage—a classic bullish indicator suggesting long-term holding strategies.

The meme coin currently faces resistance at $0.00001400 but finds support NEAR $0.00001300, aligning with the 200-period EMA on 4-hour charts. Market observers anticipate significant price movement upon retesting this critical level, particularly if whale accumulation continues during the ongoing uptrend.

Shibarium Crosses 1.5B Transaction Threshold Despite SHIB Price Decline

Shibarium, the layer-2 solution for the shiba inu ecosystem, has surpassed 1.5 billion transactions, showcasing robust infrastructure growth. The network now boasts over 267,000 active addresses and nearly 12.5 million blocks created, underscoring its technical scalability and adoption.

Despite these milestones, SHIB's price remains under pressure. The token's burn rate spiked 150%, removing 750,000 tokens from circulation, while exchange outflows outpaced inflows—a sign of shifting holder sentiment. Jeremie Davinci, a Bitcoin advocate, notes Shibarium's potential but highlights its critical shortcoming: "It's a chain that can run applications, but the lack of practical use cases is stifling SHIB's price momentum."

The disconnect between infrastructure progress and real-world utility frames Shibarium's current challenge. Transaction efficiency and cost savings are proven; now, the ecosystem must deliver applications that demand attention beyond speculative trading.

Shiba Inu’s Shibarium Hits 1.5B Transactions as Market Watches SHIB Price Potential

Shiba Inu's layer-2 solution Shibarium has processed over 1.5 billion transactions, marking a significant technical milestone. The network now supports 267,000 unique addresses and 12.5 million blocks, positioning itself as a low-cost, high-speed infrastructure for the SHIB ecosystem.

Market observers note contradictory signals: a 150% surge in SHIB token burns and net exchange outflows suggest tightening supply, yet the meme coin continues trading in negative territory at $0.0000 levels. bitcoin advocate Jeremie Davinci maintains cautious optimism: "Shibarium creates utility potential, but adoption remains the missing piece. Solve that, and lunar ambitions become plausible."

Will SHIB Price Hit $1?

Reaching $1 would require a 7,716,049% increase from current levels - equivalent to a $589 trillion market cap at current supply. Technical indicators show short-term bearishness, though network growth offers long-term promise. Key factors include:

'While viral potential exists, mathematical reality makes $1 SHIB improbable without massive supply reduction,' concludes William.