
August 17th, 2025
The Shiba Inu meme coin has grown to a vibrant Web3 ecosystem through the Shibarium layer two scaling solution, which has over $3.4 million in TVL.
Meme coins are on a slippery slope and struggle to gain momentum despite the Bitcoin rally. Pepe, the frog-themed meme coin, is holding fort at key support. While bulls eye an extended rally, the massive supply zone warns of an intense pullback.
Despite a significant 11% drop earlier this week, Shiba Inu (SHIB) has rebounded with bullish momentum as traders aim to recover recent losses.
Shiba Inu’s burn rate spike and reduced token supply have stirred optimism, although SHIB price saw a 9% dip in the last day.
Shytoshi Kusama teases SHIFU, a new Shiba Inu meme coin, promising airdrops, sparking excitement, skepticism, and ecosystem growth.
Two main factors appear to be contributing to Shiba Inu’s recent price performance. They are market sentiment and community backing.
Analyst predicts a major breakout for Shiba Inu, with a potential 60% price increase if the cryptocurrency can break through the $0.000025 resistance level.
The blockchain analysis platform explained that the 0x1406 wallet owner, who is probably Ryoshi, has remained calm under pressure and retained the SHIB holding since the beginning.
Shiba Inu 1837% token burn increase has fueled market optimism, boosting SHIB’s price by 14% within 24 hours.
Kusama stated that the project would give a very strong return, yielding $10 for every $1 invested over a decade.
Shiba Inu’s Lucie anticipates a November bull run while expressing caution amid the uncertainties of the US election.
The Shiba Inu community witnessed a major burn rate spike, yet despite the decreased supply, caution is advised by security experts.
The price of Shiba Inu has continued on its uptrend despite ongoing Shibarium transaction slipoff.
Dogecoin (DOGE) is leading the meme coin market recovery supported by other players like Shiba Inu, POPCAT, and FLOKI with each gaining 10-15%.
According to the team, “big things are on the way” for Shiboshis on Shibarium.