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The Shiba Inu coin price has seen a remarkable rebound, and the Shiba Inu price prediction shows the possibility of Shiba Inu (SHIB) reclaiming the resistance level at $0.00002485.
This resurgence follows a period of consolidation, fueled by a wave of exciting developments within the Shiba Inu ecosystem that have reignited interest among investors and traders.
As the Shiba Inu cryptocurrency gains momentum, many are asking what’s driving this rally and whether the SHIB price can sustain its upward trajectory.
Shiba Inu coin price has surged 12% today
For those unfamiliar with the Shiba Inu token, it’s a decentralized cryptocurrency that burst onto the scene as a meme coin, inspired by the adorable Shiba Inu dog breed.
Often hailed as the “Dogecoin killer,” this community-driven project quickly captured the crypto world’s imagination.
What began as a playful experiment has evolved, with the Shiba Inu team pushing to add real utility through initiatives like Shib Finance and Shibarium, setting the stage for a more serious role in the decentralized finance (DeFi) landscape.
The recent rally in Shiba Inu coin price has been nothing short of impressive.
On March 26, 2025, SHIB surged by 12.6% to hit an intraday high of $0.00001538, boosting its market cap to $8.6 billion and securing its spot as the 19th largest crypto asset.
Why is the Shiba Inu price rising?
This spike isn’t random—Shiba Inu news points to three key catalysts behind the surge: the teaser for Shib Finance, a new listing on BingX Futures, and a staggering increase in the token burn rate.
These factors have converged to create a perfect storm of bullish sentiment around the SHIB coin.
Diving into the first catalyst, Shib Finance represents a bold step forward for the Shiba Inu crypto.
Shib Finance: The Future of Fair, Open Finance In the future, Shib Finance will take the Shib ecosystem to a whole new level — moving beyond swapping tokens to offering full financial services like lending, borrowing, saving, and more. But here’s the twist: it won’t just be
This DeFi upgrade promises a suite of financial tools, including reputation-based lending and undercollateralized borrowing.
By blending traditional finance (TradFi) with DeFi through features like the Karma Engine and a privacy-focused identity layer, Shib Finance could significantly enhance the utility of the SHIB token.
If it gains traction, this innovation might drive demand, pushing the Shiba Inu price even higher.
Another major boost came from SHIB’s listing on BingX Futures, a platform with over 10 million users worldwide.
This move allows traders to engage with the Shiba Inu coin using leverage, increasing accessibility and potentially amplifying trading volumes.
Greater liquidity and price stability could follow, making SHIB crypto more appealing to a broader audience and supporting the Shiba Inu coin price prediction of reaching $0.000024.
The most striking development in recent SHIB news is the token burn rate. On March 23, the daily burn rate soared by nearly 8,100%, with over 1 billion SHIB tokens removed from circulation in a single day.
Data from Shibburn reveals that over 410.746 trillion tokens have been burned since the project’s inception, shrinking the circulating supply to roughly 589 trillion.
This aggressive supply reduction could create scarcity, a critical factor in any Shiba Inu price prediction, especially if demand keeps rising.
Shiba Inu price prediction
From a technical standpoint, the SHIB price is showing promising signs.
The Shiba Inu coin has broken out of a falling wedge pattern that had constrained it for months—a bullish signal for traders.
SHIB has also completed an inverse head-and-shoulders pattern, often a precursor to a trend reversal.
Analysts note that this breakout confirms a bottoming structure, paving the way for the SHIB coin to climb toward its next targets.
Currently, the Shiba Inu price has surpassed its 25 and 50-day exponential moving averages (EMAs), reflecting a shift in momentum.
The immediate hurdle is the 75-day EMA at around $0.00001576, but the ultimate prize for bulls is the yearly high of $0.00002485—a 62.57% jump from recent levels.
The Money Flow Index (MFI) supports this outlook, rising steadily without hitting overbought territory, suggesting there’s still room for the Shiba Inu coin price to grow.
Shiba Inu coin price chart on TradingViewDerivatives data adds more fuel to the bullish case for SHIB crypto.
Open interest in SHIB futures has jumped over 30% to $166.15 million, signaling fresh capital entering the market.
Shiba Inu open interest on CoinGlassA positive OI-weighted funding rate further underscores the optimistic sentiment among traders, aligning with the Shiba Inu coin price prediction targeting $0.000024.
Will Shiba Inu coin reach $1?
Despite the excitement, the Shiba Inu cryptocurrency faces a steep uphill battle here.
Even with substantial burns, its massive circulating supply would require an astronomical market cap to hit $1—an unlikely feat in the near future.
For now, the Shiba Inu price prediction of $0.000024 feels far more grounded and achievable.
Challenges remain on the horizon for the SHIB coin. Competition from other meme coins and the volatile broader crypto market could pose risks.
The success of projects like Shib Finance and Shibarium isn’t guaranteed, and any hiccups could cool investor enthusiasm.
While the current Shiba Inu news is overwhelmingly positive, caution is warranted as the ecosystem matures.
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