Updated: March 19, 2025 by Michael Kahn. Published: March 19, 2025.
Shiba Inu (SHIB), launched as a playful homage to Dogecoin, has evolved into a notable player in the crypto market. Despite surviving the crypto winter of 2022–2023 and maintaining a loyal fan base, SHIB’s momentum has cooled, as shib news today suggest. But with recent attempts to break out of a long-term bear trend, investors are wondering: Can Shiba Inu regain its spark?
This article explores Shiba Inu’s journey so far and its future price performance, so keep reading to find out more.
Table of Contents
Understanding Shiba Inu
Shiba Inu’s Technology and Ecosystem
Shiba Inu was introduced in 2020 by Ryoshi, its anonymous creator that could either be a group or an individual. While Shiba Inu was initially designed as a meme token, it saw a boom in popularity, mostly due to the already-established fame of Dogecoin. Its ecosystem has expanded considerably since its inception, and now, Shiba Inu encompasses additional tokens, NFT initiatives, and decentralized exchanges, showcasing the ambition of the team to provide tangible applications and make SHIB more than a mere token. Moreover, the technical underpinnings of Shiba Inu are also impressive. SHIB operates on the Ethereum blockchain, leveraging the ERC-20 token standard for security and compatibility with DeFi applications. Since it is an ERC-20, Shiba Inu can be incorporated into the existing Ethereum ecosystem, including DEXs, as well as wallets.
SHIB Tokenomics and Community Impact
Initially launched with a supply of one quadrillion tokens, Shiba Inu’s tokenomics focused on scarcity and community participation. In a strategic move to make the project scarce, fuel hype and increase the value of the token, the developers sent 50% of its overall supply to Vitalik Buterin- Ethereum’s co-founder. But Buterin decided to burn over 90% of the tokens received, stating he didn’t want to “be a locus of power of that kind,” and donated the remaining 10% of the tokens to a charitable cause. At the end of 2023, SHIB had a remarkable circulating supply of about 589 trillion and succeeded in making it to the top 20 crypto assets by market capitalization.
Its passionate and active following is one of the strongest characteristics of Shiba Inu – known as the “Shib Army,” the community plays a massive role in spreading the word about the meme coin, fueling its popularity and adoption. Across platforms such as Reddit and X, the Shib Army succeeded in creating a buzz around the meme coin and making it a primary topic of discussion in the crypto world.
Why has Shiba Inu been losing its luster, and will its price recover soon?
SHIB could revisit its ATH by 2026, representing a potential 518% price increase. More optimistic forecasts suggest prices could climb as high as $0.000121998 by 2027, equating to a 707% surge. However, these projections are speculative and depend on factors such as whale accumulation, broader market trends, and Shiba Inu’s ecosystem developments.
Shiba Inu’s new partnership with the UAE’s Ministry of Energy and Infrastructure was a potential bright spot for its performance, as it could bring real-world adoption via its ShibOS – a blockchain-based operating system. However, the announcement only lifted the price of SHIB for a short while without succeeding in maintaining a lasting rally.
Potential risks and considerations when buying Shiba Inu
If you’re interested in buying Shiba Inu, it’s essential to understand the risks it involves first, as this will help you navigate the market more effectively. These risks include the following:
- Extreme price volatility. If you’re interested in buying Shiba Inu, it’s essential to understand the risks it involves first. In other words, it’s virtually impossible to ever know for sure how Shiba Inu will perform in the long run. Case in point: The price history of SHIB is a masterclass in unpredictability, so if you’re considering getting started with this meme coin, make sure that you are prepared for the whiplash first.
- Reliance on social media hype. Unlike cryptocurrencies such as Bitcoin and Ethereum, meme coins’ popularity depends on their virality and humor. They are more of a cultural movement, and mostly based on speculation, with the rise and fall driven by social media trends and celebrity endorsements.
- Lack of intrinsic value. Like other meme coins, SHIB lacks significant utility, and it doesn’t produce any goods or services. Moreover, it doesn’t have the adoption or infrastructure needed to be a functional currency. This is why it is essential to conduct detailed research when investing in a project like Shiba Inu and determine whether it is worth the risk. Always use reliable websites to check the data and particulars of this project and prevent misinformation.
- Dependence on community sentiment and whale activity. Community sentiment is essentially the collective mood of those within the crypto space, and plays a major role in influencing market trends. The performance of meme coins, in particular, is closely tied to market sentiment: while positive sentiment can result in a bullish scenario, pushing prices higher, the opposite can also happen, with a negative community sentiment leading to a dreaded decline in price. Whale activity can also profoundly affect SHIB’s performance, creating herding behavior, as a decline in whale activity often leads investors to follow suit, increasing downward price pressure.
- Regulatory uncertainties affecting meme coins. The SEC has scrutinized cryptocurrencies for a long time, in an attempt to determine whether these assets can classify as securities. This classification impacts meme coins inevitably, making them subject to stringent regulatory requirements, which can trigger volatility and uncertainty.
The bottom line
Shiba Inu has won the hearts of many within the crypto community, with its evolving tools and projects transforming it into a promising investment. However, for a while now, it has struggled to regain its old momentum, and the project is now at a turning point. Whether or not its price will recover depends on stronger whale activity, and renewed buying interest. Overall, it’s very hard to determine the outlook for Shiba Inu in 2025 with full accuracy, and the best advice for investors is to always do their homework before jumping in, especially considering the volatile nature of meme coins.
- About the Author
- Latest Posts
Whether she is researching the latest trends in home decor, life-changing destination getaways, or the best way to maintain your finances, Dewey takes pride in leaving no stone unturned. She is passionate about distilling and delivering high-quality information that you can use to upgrade your life.
