Key takeaways:
The Shiba Inu (SHIB) cryptocurrency, originally a meme coin, has evolved into a comprehensive ecosystem with significant growth and utility. Key components include ShibaSwap, a decentralized exchange, and Shibarium, a Layer 2 solution to enhance scalability. These developments have boosted SHIB’s adoption and functionality.
As SHIB’s ecosystem grows, questions arise about its future price trajectory. Will the advancements in ShibaSwap and Shibarium drive SHIB to new highs?
Can SHIB sustain its current price momentum and solidify its position in the crypto market? Will SHIB ever reach $1?
Cryptocurrency | Shiba Inu |
Token | SHIB |
Price | $0.00001712 |
Market Cap | $10.09B |
Trading Volume | $367.21M |
Circulating Supply | 589.25T SHIB |
All-time High | $0.00008845 (Oct 27, 2021) |
All-time Low | $0.00000000008165 (Aug 31, 2020) |
24-hour high | $0.00001883 |
24-hour low | $0.00001702 |
Metric | Value |
Volatility | 8.25% |
50-Day SMA | $ 0.00002206 |
14-Day RSI | 36.11 |
Sentiment | Bearish |
Fear & Greed Index | 60 (Greed) |
Green Days | 12/30 (40%) |
200-Day SMA | $ 0.00001956 |
Key takeaways
Shiba Inu price analysis on February 10th shows SHIB continues to trade under a descending trend line that has been in place since December 9, 2024, indicating a prolonged bearish sentiment in the market. The current price of SHIB stands at $0.00001592, with minor upward movement seen in the last 24 hours. However, the meme coin remains constrained below critical resistance levels, and the technical indicators suggest that selling pressure still dominates the market. A decisive breakout above the descending trend line is essential for the price to shift to a bullish trajectory.
Shiba Inu (SHIB) continues to trade below the descending trend line, with the current price at $0.00001588 reflecting ongoing bearish sentiment. The RSI (14) stands at 37.51, approaching oversold territory, which suggests that selling pressure dominates but a potential bounce could be on the horizon. Meanwhile, the MACD remains in bearish territory, with the MACD line below the signal line and the histogram showing minimal bullish momentum. This indicates a lack of strong buying interest.
For SHIB to reverse its bearish trend, it must break above key resistance at $0.00001700, coinciding with the descending trend line. If selling pressure persists, SHIB may revisit the $0.000014 support level. A spike in demand or volume is necessary to confirm any potential bullish breakout, while failure to hold current levels could lead to further declines.
On the 4-hour chart, SHIB’s price appears to be consolidating after a significant downtrend. The Moving Average Ribbon (MA Ribbon), which consists of multiple short- and long-term moving averages, shows that the coin remains below key levels. The 200-day moving average (red line) is acting as a strong resistance level, and until SHIB breaks above it, the bearish outlook will likely persist. Currently, the nearest support levels can be found around $0.00001572 and $0.00001567, while resistance lies at $0.00001724 and $0.00001800.
The Aroon Indicator, a momentum-based technical tool, highlights a weakened bullish momentum. The Aroon-Up (orange) is at 42.86%, while the Aroon-Down (blue) is at 64.29%, reflecting that the sellers are still in control. For a trend reversal to occur, the Aroon-Up needs to cross above 70%, which would signal an increase in buying activity.
On the flip side, if SHIB experiences a surge in demand, it could challenge the descending trend line and break above the resistance at $0.00001724. A move above this level would signal a potential trend reversal and could drive the price toward $0.00001800. Breaking this critical resistance would likely pave the way for SHIB to test higher levels around $0.00002000
Period | Value | Action |
SMA 3 | $ 0.00001996 | SELL |
SMA 5 | $ 0.00001925 | SELL |
SMA 10 | $ 0.00001993 | SELL |
SMA 21 | $ 0.00002065 | SELL |
SMA 50 | $ 0.00002206 | SELL |
SMA 100 | $ 0.00002303 | SELL |
SMA 200 | $ 0.00001956 | SELL |
Period | Value | Action |
EMA 3 | $ 0.00002034 | SELL |
EMA 5 | $ 0.00002081 | SELL |
EMA 10 | $ 0.00002144 | SELL |
EMA 21 | $ 0.00002224 | SELL |
EMA 50 | $ 0.00002313 | SELL |
EMA 100 | $ 0.00002238 | SELL |
EMA 200 | $ 0.00002082 | SELL |
Shiba Inu (SHIB) has made strides with the launch of Shibarium, its Layer-2 blockchain, and a partnership with Chainlink, boosting cross-chain functionality and utility. The upcoming TREAT token – expected to play a significant role in Shiba Inu’s reward system and governance mechanisms – further expands its ecosystem.
While promising, SHIB remains highly speculative and subject to market swings, so proceed cautiously as a trader or investor.
Shiba Inu is experiencing fluctuations with a recent upward trend; there are signs of potential recovery.
Yes, according to the long-term predictions, SHIB is projected to reach up to $0.00005 by 2027.
Yes, according to the long-term predictions, SHIB is projected to reach up to $0.0001 by 2029.
Reaching $100 for SHIB is virtually impossible due to its vast circulating supply and the astronomically high market capitalization it would necessitate.
SHIB shows some positive movement, suggesting the ecosystem may have a promising long-term future. However, its success will depend on continued adoption, broader market adoption trends, and other cryptocurrency market space developments.
The UAE Ministry of Energy and Infrastructure has partnered to integrate ShibOS into sustainability projects, bringing real-world utility and attracting institutional interest. At the same time, the Shiba Inu community remains active in reducing supply through token burns, removing over 18.7 million SHIB in a single day. This growing burn rate has gained attention on X, with @ShibainuCoin highlighting the community’s support.
Shiba Inu (SHIB) is expected to show a variety of price fluctuations through February 2025. The potential low is $0.000016, while the average price might be around $0.000018 SHIB could reach up to $0.000019, which is the highest expected price.
Month | Potential low | Potential average | Potential high |
February 2025 | $0.000016 | $0.000018 | $0.000019 |
In 2025, the minimum price of Shiba Inu will be around $0.000024. The maximum expected price for SHIB may be around $0.000028, and the average price is $0.000025.
Year | Potential low | Potential average | Potential high |
2025 | $0.000024 | $0.000025 | $0.000028 |
Year | Minimum price | Average price | Maximum price |
2026 | $0.000035 | $0.000036 | $0.000041 |
2027 | $0.000050 | $0.000051 | $0.000060 |
2028 | $0.000074 | $0.000077 | $0.000087 |
2029 | $0.000104 | $0.000108 | $0.000129 |
2030 | $0.000159 | $0.000163 | $0.000182 |
2031 | $0.000228 | $0.000235 | $0.000273 |
According to predictions for 2026, Shiba Inu is expected to reach a minimum value of $0.000035, a maximum value of $0.000041, and an average trading price of $0.000036.
By 2027, Shiba Inu (SHIB) is forecasted to reach a minimum price of $0.000050, with a maximum of $0.000060 and an average price of $0.000051.
In 2028, the price of Shiba Inu is predicted to reach a minimum value of $0.000074. Investors can expect a maximum value of $0.000087 and an average trading price of $0.000077.
The SHIB price prediction suggests that by 2029, Shiba Inu could reach a minimum price of $0.000104, a potential maximum price of $0.000182, and an average trading price of $0.000108.
In 2030, the SHIB coin prediction suggests the price of Shiba Inu will trade at a minimum value of $0.000159, a maximum value of $0.000182, and an average trading value of $0.000163.
In 2031, Shiba Inu is expected to reach a minimum price of $0.000228, a maximum price of $0.000273, and an average price of $0.000235.
Firm Name | 2025 | 2026 |
DigitalCoinPrice | $0.0000378 | $0.0000425 |
CoinCodex | $0.00001463 | $0.00007703 |
According to Cryptopolitan’s Shiba Inu price forecast, SHIB could reach a maximum price of $0.000028 by the end of 2025. By 2026, the price of the Shiba Inu token is predicted to reach a minimum value of $0.000035. Shiba Inu’s rise in price could take it to a maximum price level of $0.000228 with an expected average trading price of $0.0000235 by 2031.