- Shiba Inu’s price could see a 60% surge as it recovers from recent declines.
- Increasing burn rates and macroeconomic trends may drive SHIB’s next breakout.
Shiba Inu has faced a challenging year. However, recent signs indicate that the tide may be turning. Currently trading at $0.00001274, SHIB has gained 1.28% in the last 24 hours.
Analysts have identified a falling wedge breakout on the 4-hour chart that is normally interpreted as a bullish reversal. A violation of the 50-day moving average for SHIB would confirm the shift toward an uptrend.
The most important levels to monitor are $0.00001375, $0.00001485, and $0.00001565, which are the levels of potential 22% growth.
A further move beyond those targets would lay the groundwork for a more significant rally. The most significant psychological resistance is at $0.000020, which is 60% above current prices.
The market sentiment is slowly but surely improving as investors are keenly watching the performance of SHIB against general crypto patterns. Crypto ELlTES shared on X that SHIB is in the strong accumulation zone now and may have a price explosion.
Why Not a 12X for SHIB? 
We’re sitting in a strong buy zone, and a big move is coming soon!
Are you ready? 
#SHIB $SHIB #Shiba $Shiba pic.twitter.com/qTht9P5qFf
— @CryptoELlTES (@CryptooELITES) March 12, 2025
Meanwhile, Javon Marks is optimistic about the long-term growth of SHIB and is expecting 450% growth if the existing pattern of the breakout continues.
Also of note is the increasing volume of Shiba Inu being traded, which is evidence of renewed investor demand. With sustained accumulation of demand for it, SHIB can accelerate towards the target price of $0.000020 and become one of the better altcoins to watch in the coming weeks.
SHIB Burn Rate Surges 62,000%, Fueling Bullish Momentum
One of the strongest indications of the imminent rally of SHIB is its fast-growing burn rate. ShibBurn revealed that the burn rate has grown more than 62,000% within the last 24 hours as one account burnt 460 million SHIB tokens.
With over 410 trillion tokens already removed from circulation, the supply now stands at approximately 584 trillion. Falling supply and increasing demand have the tendency to pave the way for price appreciation.
Macroeconomic trends can also push the growth of SHIB. The stock market will likely recover from the losses it has suffered due to the policy adjustments of Donald Trump. Both equities and cryptocurrencies have historically bounced back from uncertain periods.
Also contributing is the future action of the Federal Reserve with regard to interest rates. If the Fed signals rate cuts to counteract recessionary pressures, Shiba Inu and other cryptocurrencies can benefit from increased liquidity and investor demand.
Shiba Inu Expands Ecosystem with NFT and Gaming Integration
Beyond price action, the Shiba Inu ecosystem is also expanding. As we reported previously, Shiboshis, the project’s official NFT collection, are becoming popular across multiple applications. Originally launched as collectibles, Shiboshis are now being implemented within gaming and decentralized finance (DeFi).
Games such as Lap Dogs, Agent Shiboshi, and Shiboshi Rush have incorporated Shiboshis, with future releases likely to extend their applications to governance and private access to ecosystems.
Also, the Shiba Inu team has launched the decentralized governance platform SHIB OS for enterprise and government applications. Lucie, the SHIB marketing leader, noted that SHIB OS employs blockchain technology to provide secure, transparent, and automated decision-making tools.
Shib OS: The Future of Decentralized Governance
Shib OS is a turnkey solution for governments and enterprises seeking to transition from outdated centralized models to transparent, efficient, and secure decentralized governance. Built on Shibarium, a scalable L2 blockchain, it… pic.twitter.com/T38vfPgBXA
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 13, 2025
Through the combination of decentralized identity solutions, automated smart contracts, and cross-chain compatibility, SHIB OS positions itself as a cutting-edge solution for institutional adoption.
With the strengthening of the ecosystem, improving market conditions, and growing burn rate, Shiba Inu is primed for a breakthrough. With the right technical and macroeconomic factors falling into position, the price of SHIB can significantly increase in the near term.
The post Why Shiba Inu’s Price Might Surge 60%—3 Key Factors appeared first on ETHNews.
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