Close Menu
  • Home
  • News
  • Bitcoin
  • Ripple
  • Shiba Inu
  • Cardano
  • All Posts
What's Hot

Bitcoin May Dominate as a Store of Value, While VeChain Excels in Real-World Applications

Jun. 10, 2025

SHIB Team States “It’s Getting Serious” as Shiba Inu Readies for Significant Developments

Jun. 10, 2025

Is it Possible for Shiba Inu to Re-enter the Top 10 if Shibarium Incinerates 10 Trillion SHIB Each Month?

Jun. 10, 2025
Facebook X (Twitter) Instagram
Global Bit VisionGlobal Bit Vision
Facebook X (Twitter) Instagram Pinterest
  • Home
  • News
  • Bitcoin
  • Ripple
  • Shiba Inu
  • Cardano
  • All Posts
Subscribe
Global Bit VisionGlobal Bit Vision
Home » Shiba Inu Investors Should Consider: Two Convincing Reasons to Purchase SHIB in 2025
News

Shiba Inu Investors Should Consider: Two Convincing Reasons to Purchase SHIB in 2025

By adminMay. 6, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Shiba Inu Investors Should Consider: Two Convincing Reasons to Purchase SHIB in 2025
Shiba Inu Investors Should Consider: Two Convincing Reasons to Purchase SHIB in 2025
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Shiba Inu Memecoin Price Analysis

The price of the Shiba Inu (SHIB) memecoin has remained quite subdued since the beginning of 2025. The dog-themed memecoin, currently priced at $0.000012, dropped below key support levels and traded sideways for four months. However, there are reasons to believe a breakout might be around the corner for the token.

What To Note Before Buying SHIB

SHIB last saw a major rally after US President Donald Trump’s election victory, his inauguration, and the past Bitcoin halving event. Since then, Shiba Inu has failed to deliver the desired results to investors.
The memecoin has often capitalized on other financial developments in the market, raising concerns among investors. They are worried that SHIB has become a risky bet with little chance of turning their investments into wealth.
However, two key factors show that SHIB can still ignite a major rally before the year ends. The first is that Shiba Inu has a rich circulating supply of 589.2 trillion SHIB tokens. This means anyone can accumulate the coin without worrying about scarcity.
If the SHIB supply is not reduced through burns, the price of the meme coin could remain stagnant for years or even decades.
Secondly, it is important to note that the Shiba Inu team consistently performs routine token burns. If trillions of tokens are burned by sending them to dead wallets, SHIB has a good chance of dramatically surging in price.
As outlined in our recent blog post, the SHIB burn rate soared by 33%, leading to expectations of an 81% spike in price. Data from Shibburn revealed 410,745,405,123,635 tokens removed from circulation, reducing the available supply to 584,352,721,200,140 SHIB.
Together, the circulating supply and SHIB burn define Shiba Inu’s prospects. Thus, investors need to monitor them closely.

Spike in Trading Volume

As of press time, the SHIB price was changing hands at $0.00001248, a 3.04% decline in the last 24 hours. Despite the price decline, SHIB investors are still actively engaging with the coin as indicated by the spike in trading volume. The metric inked a 17% uptick to $142.4 million over the previous day.

The current data for SHIB suggests that the memecoin is in a critical consolidation zone. However, if SHIB receives ecosystem support and holders refrain from selling, the price could soar. If SHIB rises above $0.000013, it could welcome a bigger breakout. Many holders who were previously at a loss may decide to hold instead of sell.
Other ecosystem developments could add appeal for the SHIB memecoin. In a previous article, we discussed Shiba Inu’s introduction of a crypto payment service known as SHIB Pay. The service allows direct wallet-to-merchant crypto payments without intermediaries or permissions.
Additionally, Shiba Inu developers recently launched a Shibarium DApp Store, with over 1,200 decentralized applications. As mentioned in our report, the platform has surpassed 1 billion transactions on its Layer 2 blockchain.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleRipple’s Q1 Report Fuels Optimism for XRP Surge — Is a Break Above $3 Possible?
Next Article Significant Cryptocurrency Events to Monitor — Is a Decline in Bitcoin Prices Imminent?

Related Posts

News

Bitcoin May Dominate as a Store of Value, While VeChain Excels in Real-World Applications

By adminJun. 10, 2025
News

VeChain Launches First VeBetter Grant — Cast Your Vote Now

By adminJun. 9, 2025
News

VeChain Introduces Three New Eco Nodes Starting at Only 10,000 VET

By adminJun. 6, 2025
News

The Rationale Behind Coinbase’s Tokenization of DOGE and XRP on Base: Implications and Insights

By adminJun. 5, 2025
News

Ethereum Demonstrates Resilience While SOL, DOGE, and Other Major Cryptocurrencies Experience Weekly Declines

By adminJun. 4, 2025
News

Solana Nears Golden Cross – Is a Significant SOL Rally on the Horizon?

By adminMay. 20, 2025
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Bitcoin May Dominate as a Store of Value, While VeChain Excels in Real-World Applications

Jun. 10, 2025

Bitcoin (BTC) is always hailed as “digital gold”Seen as a modern store of value with lasting app…

SHIB Team States “It’s Getting Serious” as Shiba Inu Readies for Significant Developments

Jun. 10, 2025

Is it Possible for Shiba Inu to Re-enter the Top 10 if Shibarium Incinerates 10 Trillion SHIB Each Month?

Jun. 10, 2025

VeChain Launches First VeBetter Grant — Cast Your Vote Now

Jun. 9, 2025
Top Posts

BantGo and Verofax Join Forces on Blockchain Rewards for Recycling Electronics: Another Promising Application of VeChain

Oct. 26, 2023

Exploring VeChain’s Market Aspirations and Billion-Dollar Applications: A Journey towards $1 VET

Oct. 30, 2023

Vechain’s Vision: Utilizing Blockchain to Combat the Climate Crisis – Will this Drive VET to Reach New All-Time Highs?

Oct. 30, 2023

Vechain x Coinbase Rewards Program: Earn VET on Coinbase

Oct. 31, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
About Us
About Us

Global Bit Vision is your premier platform for exploring the realm of blockchain and cryptocurrency. We provide the latest industry updates, in-depth analysis, and exclusive reports to help you gain a deep understanding of the digital asset market and seize investment opportunities for wealth appreciation.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Bitcoin May Dominate as a Store of Value, While VeChain Excels in Real-World Applications

Jun. 10, 2025

SHIB Team States “It’s Getting Serious” as Shiba Inu Readies for Significant Developments

Jun. 10, 2025

Is it Possible for Shiba Inu to Re-enter the Top 10 if Shibarium Incinerates 10 Trillion SHIB Each Month?

Jun. 10, 2025
Most Popular

Cardano’s Positive Momentum Evident as Support Zone Near $0.55 Indicates Bullish Potential

Dec. 21, 2023

TRON Network Experiences Slowdown, Yet Data Suggests Steady Accumulation

May. 5, 2025

Ethereum’s Latest Meme Token, CHUCK, Rises by an Astonishing 25,800%, Competing with DOGE and SHIB

Apr. 9, 2024
  • Home
  • News
  • Bitcoin
  • Ripple
  • Shiba Inu
  • Cardano
  • All Posts
© 2025 Global Bit Vision All rights reserved.

Type above and press Enter to search. Press Esc to cancel.