There’s been a substantial increase in value for the Shiba Inu token, yet experts believe there’s still time to purchase this popular meme coin. Given the escalating crypto market momentum, predictions suggest that the Shiba Inu’s price will skyrocket.
Some experts believe that SHIB could experience a significant 10-fold increase in the months following Donald Trump’s inauguration on January 20th. This prediction stems from the fact that Trump, upon his return to the White House, is expected to issue an executive order that will prioritize cryptocurrency on his first day in office.
One of Trump’s key objectives involves establishing a Strategic Digital Currency Reserve. Senator Cynthia Lummis, one of the main proponents behind the US Digital Currency Reserve, has been tirelessly working on this bill. Today she shared a photo on X, stating, “Putting in the effort to push the Strategic Digital Currency Reserve and all-encompassing digital asset legislation towards completion.
As Trump prepares to give crypto markets a powerful boost similar to that of a tornado, technical signs suggest a substantial increase in Shiba Inu’s value starting from its present prices.
SHIB price on cusp of a breakout
Lately, the growth spike of Shiba Inu has elevated its market value surpassing a whopping $14 billion. Nevertheless, the overall trend remains consistent: since last September in 2024, this meme-based cryptocurrency has been confined to a symmetrical triangle pattern, indicating consolidation.
For individuals anticipating a powerful surge in Shib, it’s worth noting that recent indicators suggest a possible breakthrough within the next one or two months. This potential development could lead to a substantial increase in its price from its current value, as suggested by SimpleTrader2018.
A user known as CryptoELITES on the platform X.com anticipates that a breakout from its trading range could lead Shiba Inu to reach a new peak of $0.00023 by the year 2025. This price prediction represents a potential increase of 10 times the current value for Shiba Inu.
Furthermore, Shiba Inu (SHIB) has just passed its 200-day moving average, which adds credibility to predictions suggesting the coin will continue to climb after Donald Trump’s inauguration.
Stars are aligning for a 10x rally in Shiba Inu
This year, the trading volume for Shiba Inu has experienced a significant surge, approaching nearly one billion dollars, suggesting a wider positivity about the prospects of this meme coin in the coming year.
2025 has seen an impressive surge in Shiba Inu token (SHIB) burning at a rate that’s increased by 126% within the last 24 hours, according to shibburn.com data. This information is crucial for bulls to know.
Approximately 411 trillion Shiba Inus have been destroyed so far, significantly decreasing the available amount in circulation. This is all part of an overall plan to increase rarity, which could lead to a potential rise in value.
Furthermore, recent whale actions are adding to the optimistic mood. In particular, over 1.5 trillion SHIB tokens, equivalent to approximately $40 million, were moved to personal wallets in the last week.
TREAT token could catalyze a SHIB rally
Analysts are constructive on Shiba Inu also due to the launch of the TREAT token on January 14th.
The recently introduced token now forms an integral component of the Shiba Inu (SHIB) system, serving as a means to motivate and recognize dedicated investors by offering them rewards. You can gather TREAT tokens by engaging in community activities, staking, and various interactive projects.
The goal of integrating it with the larger network is to encourage increased user engagement, thereby strengthening the community. This, in turn, often leads to an uptick in the value of a meme coin such as Shiba Inu.
Indeed, the robustness of its community has led several well-known retail outlets to welcome Shiba Inu. By 2025, you might be able to buy computer components at NewEgg, gaming merchandise at GameStop, movie tickets at AMC, or even apparel and footwear at Nordstrom using SHIB.
Practical uses for the memecoin could fuel its popularity, potentially leading to a significant price surge – up to ten times – for Shiba Inu tokens in 2021.
Could SHIB price 10x in 2025?
To put it simply, there’s a strong possibility that the value of Shiba Inu could potentially increase tenfold given rising trading activities, planned token burns, and considerable involvement of large investors (whales).
The latest introduction of the TREAT token, along with partnerships with significant companies, significantly strengthens its potential for the future.
As the usage of SHIB expands, there’s optimism about a more lenient regulatory climate under the Trump administration and further interest rate reductions by the Federal Reserve. This year, SHIB may find itself in a beneficial setting, which could lead to a significant increase in its value.
As alt coins such as Ripple’s XRP enter price discovery mode, Shiba Inu is set to follow.
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2025-01-18 11:50