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Shiba Inu Coin (SHIB) is experiencing an uptick in its price today. The meme coin is up by more than 7% and is trading at $0.00001288. After a tough start to the year, meme coins are showing signs of a comeback. Since the beginning of 2025, the meme coin market has been struggling, with the total market cap falling over 50% from its peak at the end of 2024. Dogecoin (DOGE), the biggest meme coin by market cap, has dropped around 20% in the past month, and other coins like FLOKI and PEPE have also taken a hit. However, DOGE has gained 7% in the past 24 hours, indicating a shift in momentum after a tough period. The recent gains show that the market sentiment is turning around. An X (formerly Twitter) user has shared an interesting Shiba Inu chart, hinting at a possible “second wave” pump for SHIB. The chart suggests the market appears to be rising from the recent dip, causing excitement among investors. Related: Don’t Fall For It: Saylor Still Buying BTC Despite Fake $100K Quote Prank An increase in Shiba Inu’s token burn rate could provide another positive catalyst for the price. Recently, the burn rate went up by 30%, reaching 2.01 million, bringing the total number of burns to over 410 trillion. This helps reduce the number of coins in circulation, adding value to the token. Also, activity on SHIB’s layer-2 network, Shibarium’s total value locked (TVL) has risen by 24% in the last month, now at $2.5 million. ShibaSwap saw a 15% jump in TVL, while WoofSwap and ChewySwap grew by 22% and 20%, respectively. These changes show more activity and interest in the Shiba Inu ecosystem. Shiba Inu currently trades within what technical analysts identify as a strong historical support zone, roughly between $0.000010 and $0.000012.. Historically, these levels have attracted strong buying pressure, and signs of bullish momentum suggest the possibility of an upward move. Related: “Liberation Day” Nears: What Trump’s Tariffs Mean for Your Crypto Bag The last time SHIB touched this trendline was in 2023 and 2024, and after that, the price shot up. So, there’s a good chance SHIB will bounce back from this support and possibly retest the resistance at $0.000033, which would be a 165% gain from its current price. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The Shiba Inu ecosystem is about to cross a historic milestone. The Shibarium blockchain, a layer 2 solution dedicated to this crypto universe, is now nearing a billion transactions. As these lines are written, the counter shows over 992 million transactions, with a daily pace exceeding 3.8 million. Just a few more days, and Shibarium will enter the history books. Launched to alleviate congestion on Ethereum, Shibarium showcases impressive numbers: over 10 million blocks produced and 191 million unique addresses recorded. Within just a few months, this network has demonstrated an adoption capacity rarely seen in the crypto world. With a steady pace of 3.8 million transactions per day, Shiba Inu is poised to cross the symbolic threshold of a billion interactions on Shibarium in less than 48 hours. This performance confirms the explosive growth of this crypto ecosystem and its establishment in Web3. This surge is explained by an explosion in daily registrations on the blockchain: +4000% in active users, according to the latest official data. Shibarium is on track to become one of the most dynamic crypto networks in the decentralized sphere. Developers are already working on the next evolution of Shibarium: the creation of a layer 3 roll-up hub. The goal? To allow external developers to create their own customized blockchains while using the BONE token as fuel for transactions. An advancement that could redefine Shiba Inu’s role in the Web3 infrastructure. On the market side, the SHIB token, a pillar of the ecosystem, remains strongly correlated to the activity on Shibarium. Despite the usual volatility for a memecoin, the crypto community continues to massively support the project. If the billion transactions act as a media catalyst, it could also strengthen the long-term adoption of SHIB. Often relegated to the status of a joke by traditional investors, Shiba Inu proves here that it can play in the big leagues. A few months ago, Shibarium was losing 96% of its transactions . And today, the network is close to the symbolic milestone of a billion transactions. This demonstrates the vitality of a project that, despite criticisms and obstacles, moves forward with determination in the crypto universe.

Shiba Inu (SHIB) is currently on analysts’ radar with a forecast of a potential rally despite the current market outlook. In a recent post, a top crypto analyst, World of Charts, suggested that SHIB could see its price grow 2x, reaching $0.0000340 in the coming days. Notably, the prediction is based on growing market interest in Shiba Inu. On-chain data shows strong technical signals pointing to a potential breakout. Per the update, investors are closely watching to see if the memecoin can see the valuation boost as forecasted. World of Charts pointed to a bullish price structure in SHIB’s chart. The chart shows that the memecoin is on the verge of a potential breakout. It is worth mentioning that since December, Shiba Inu has been trading within a descending channel, a pattern often seen before a significant price movement. In his X post, World of Charts stated that if SHIB breaks above the upper resistance level, it could surge to $0.0000340, a 136% increase from its current price. This could make it one of the most significant rallies in recent months. Similarly, the analysis is based on past trends, where similar price patterns have led to breakouts for the token. The analyst believes that once SHIB breaks through resistance, a strong upward move could follow. Traders are closely watching, as a breakout could trigger more buying activity as traders may choose to join the rally. Crypto analyst CryptoBull_360 shares a similar view but argues that SHIB has already broken out. He suggested that if the token maintains a daily close above the 50-day exponential moving average (EMA), it could trigger an initial rally to $0.000025 before any further gains. This would still align with the overall bullish sentiment surrounding SHIB’s price movement. Market data shows that in the last 24 hours, Shiba Inu’s trading volume has also decreased. This metric is down 18% to $197.37 million. However, many experts are confident that the cryptocurrency will see a notable price increase if all factors align. As mentioned in our previous news brief, new statistics released by IntoTheBlock show that a higher percentage of SHIB investors have maintained their holdings for more than one year compared to BTC and ETH. This further endorses the memecoin’s unexpected resilience amid sustained market volatility. In a previous article, we covered that Telegaon remains bullish in its SHIB price projection. According to the platform, Shiba Inu will be valued at $0.0000728 at its peak this year 2025, an increase of 464% from its current value. The token was changing hands for $0.00001286, down 4% in 24 hours. The optimism for a longer-term rally is high. This is because, after a sharp decline in February, when SHIB dropped to $0.00001160, the token has rebounded despite its current sideways movement. Investor confidence is strengthening as retail traders and large holders, known as whales, continue accumulating SHIB. This accumulation trend is often seen as a positive sign, suggesting a long-term bet in the token. Consequently, the next few days will be very crucial for Shiba Inu. If the analysts’ predictions play out, it might trigger a ripple effect for other memecoins in the market.

In a recent analysis, crypto strategist Trader Tardigrade identified a recurring pattern in Dogecoin’s (DOGE) price movements, suggesting the potential for a substantial rally. According to Tardigrade, Dogecoin’s macro chart follows a circular structure referred to as the “Doge Circle,” that has consistently influenced its price movements across multiple market cycles. This pattern has played a role in determining key support levels and major rallies. Dogecoin has historically rebounded whenever it touched the lower boundary of this circle, making it a critical support zone since 2015. In the first cycle in 2015, DOGE rebounded around $0.0001earlier in the year before surging from $0.0004 to $0.0041 in April 2017. The second cycle saw DOGE bouncing at $0.0012 in March 2020 and $0.0024 in November 2020, leading to its all-time high of $0.7488 in May 2021. In the third and ongoing cycle, DOGE surged to $0.4846 in November 2024 after rebounding from the same support zone. Most recently, the meme coin touched the Doge Circle’s lower boundary during its drop to $0.1432 before recovering 26% to $0.1822. These consistent rebounds suggest that Dogecoin may be gearing up for another rally in line with past market cycles. Currently, DOGE has just exited the oversold zone and is projected to reach the overbought zone, estimated between $8 and $10. This projection implies a potential 4,259% increase from its current price levels. As Crypto News Flash recently reported, Dogecoin (DOGE) has officially broken out of its three-month downtrend, injecting fresh confidence into the market. Analysts predict a potential 55% surge if the price successfully clears the key $0.20 resistance level. Adding to the bullish momentum, whales have accumulated over 200 million DOGE in the past two weeks, according to crypto analyst Ali Martinez. Over the past week, Dogecoin has rallied approximately 8%, while its trading volume has seen a 29.60% drop in the last 24 hours to $256 million. Currently trading at $0.185, DOGE holds its position as the largest meme coin with a market capitalization of $26 billion, while its closest competitor, Shiba Inu (SHIB), follows with a $7 billion market cap. Beyond technical indicators, The House of Doge, the official commercialization partner of the Dogecoin Foundation, recently introduced The Official Dogecoin Reserve, beginning with an initial purchase of 10 million DOGE tokens. This reserve aims to enhance liquidity and stability within the Dogecoin ecosystem while serving as a proof of concept for its potential in seamless, efficient transactions. Meanwhile, Dogecoin-related exchange-traded fund (ETF) filings from Bitwise, Grayscale, and Rex Shares are still awaiting approval from the U.S. Securities and Exchange Commission (SEC), adding another layer of anticipation to the market.

The crypto market is once again gripped by bearish momentum, and Shiba Inu (SHIB) is feeling the heat. With prices stuck below key resistance and volume thinning out, many investors are asking a critical question: Can SHIB crash all the way down to $0.000001? Let’s break it down. As of March 29, 2025, SHIB is trading around $0.00001282 , down slightly on the day but still holding above a major support zone at $0.000012. Despite minor bounces, momentum indicators like RSI and MACD suggest continued bearish pressure, reflecting the overall market mood. The short answer: technically yes, but highly unlikely in the near term. For SHIB to drop that low, extreme bearish triggers would need to come into play. 🟥 Total Market Collapse: If Bitcoin crashes and takes the entire crypto sector down, SHIB could follow. 🟥 Loss of Community Trust: SHIB relies on a strong fanbase. A mass exodus would tank demand. 🟥 Shibarium or Ecosystem Failure: If promised utilities don’t deliver or are abandoned, SHIB’s perceived value could disappear. 🟥 Whale Dumping: Large holders exiting positions could send the price spiraling down. ✅ Strong Historical Support: SHIB has consistently held above $0.000010, even during past downturns. ✅ Burn Mechanism: Token burns continue to reduce supply, slowly boosting price over time. ✅ Shibarium Launch: The Layer 2 blockchain adds real use cases and value to the SHIB ecosystem. ✅ Loyal Community: SHIB’s army of holders continues to support the token, making a total collapse unlikely. While SHIB is under pressure, analysts still expect a bounce if broader market sentiment recovers. Price forecasts for 2025 range from $0.000020 to $0.000028, assuming Shibarium adoption picks up and altcoin sentiment turns bullish. However, if bears remain in control, SHIB may retest $0.000010 or even $0.000007, but a full drop to $0.000001 would require unprecedented negative events. The road ahead for Shiba Inu is uncertain but not hopeless . While fears of a drop to $0.000001 exist, the fundamentals—active development, community backing, and deflationary mechanics—suggest SHIB still has fuel in the tank. Keep your eyes on market trends, and watch the $0.000010 level closely.