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Cryptocurrency News Articles

Despite the Asset’s Weak Performance So Far in 2025, Confidence in a Potential Rebound Remains Strong

Apr 21, 2025 at 09:59 pm

The crypto market hasn’t been favourable to investors, with many assets struggling to maintain their value.

Despite the Asset’s Weak Performance So Far in 2025, Confidence in a Potential Rebound Remains Strong

The crypto market has not been kind to investors, with many assets struggling to maintain their value. However, some investors are holding on to hope, especially Shiba Inu holders. Despite the asset’s weak performance so far in 2025, confidence in a potential rebound remains strong. Many believe one big event could completely change the game for SHIB.

Shiba Inu Price Surges 1.80% as Optimism Remains Despite Recent Setbacks

Shiba Inu price is currently trading at $0.000012, down 40.6% since the beginning of the year. Despite this dip, SHIB investors haven’t lost faith. This token has a history of surprising the market. Back in 2021, SHIB made headlines with its explosive rally.

As the chart 1 below shows, the price of SHIB is now in a slight uptrend, having surged by 1.80% over the past 24 hours.

Chart 1: SHIB/USD live price, published on CoinMarketCap, April 21, 2025.

The majority of the crypto community is bullish on SHIB, with 55% of traders having a positive market sentiment, compared to 45% bearish. This slight preference for optimism showcases that people are still betting on a brighter Shiba Inu future.

Shiba Inu Price Surge Predictions: Potential for Massive Gains

If SHIB does go on another bull run, how high could the SHIB price go? Predictions are all over the place. Some analysts expect SHIB to reach $0.00017 in the near term, an achievable target if demand spikes. Others have set their sights on much higher goals, including the ambitious $0.0001 mark.

And then there’s the boldest prediction of them all: $1. The idea of SHIB reaching a full dollar has sparked a lot of excitement, especially after trading platform Coinw brought it back into discussion a few months ago. But is it possible?

Its massive circulating supply is the major problem with a $1 SHIB price. Right now, SHIB has around 589 trillion tokens in circulation. If each token reached $1, the total market cap would be $589 trillion, far bigger than gold or even the global money supply. It’s simply not realistic.

Even if 90% of SHIB’s supply were burned (about 530 trillion tokens), the remaining 59 trillion tokens would still result in a market cap of $59 trillion at $1 per token. Again, that’s just too high.

The One Event That Could Change Everything

So, what would it take to see the Shiba Inu price surge to $1? A massive, game-changing burn event. If the supply was reduced drastically, let’s say, to just 100 billion tokens, then a $1 Shiba Inu price becomes possible. In that case, the market cap would be a much more reasonable $100 billion.

Just imagine: if you bought 1 million SHIB today at $0.000012, it would cost you just $12. If SHIB ever hits $1, those same tokens would be worth $1 million. That’s the kind of dream that keeps holders optimistic.

But here’s the catch: executing such a massive burn isn’t easy. The Shiba Inu ecosystem team doesn’t control the supply directly. To burn trillions of tokens, they’d have to buy them first. And with the current volume and liquidity, that’s next to impossible.

Final Thoughts on Shiba Inu Future

The idea of Shiba Inu price reaching $1 is exciting, and the math shows that it’s only possible through extreme supply reduction. While the chances of a massive burn remain slim, the potential for short- to mid-term gains still exists. Realistic price targets like $0.00017 or $0.001 could become achievable if bullish momentum returns.

For now, SHIB holders continue to wait, watch, and hope. Whether or not the big event happens, one thing is clear: the Shiba Inu community remains one of the most loyal and optimistic in the crypto world.

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Other articles published on Apr 22, 2025