Shiba Inu is one of the leading cryptocurrency coins in the space as of now. The token has recently adopted a sluggish pace, hovering at $0.000012 to $0.000013 levels for some time. Will SHIB be able to break past this modest price threshold to hit new highs? If yes, how high can SHIB truly soar? Let’s find out.
Also Read: Can Shiba Inu Fall to $0?
Shiba Inu: What’s Happening?
Shiba Inu is currently sitting at the $0.00001324 price mark, up 2% in the last 24 hours. The token is up 0.79% over the last seven days, but has noted a downturn of 20% over the last month. Moreover, the token has been moving at a sluggish pace as of late, unable to move beyond the aforementioned price level.
Despite its slow pace, SHIB’s ecosystem is currently gaining momentum, with Shibarium reporting a hike in its daily transaction metrics. Per the official Shibarium stats, the daily transaction count stands at a significant 4.2 M. That being said, the stats further indicated that Shibarium has processed nearly 1,223,414,619 total transactions till now, a number that seems to be increasing at a rapid pace.
At the same time, the SHIB wallet holder count is also increasing rapidly, showcasing the token’s growing popularity and recognition.
🚨 SHIB HOLDERS HIT NEW ATH! 🚨1,511,101 wallets now hold $SHIB—that’s 0.011% of the global population. The army is growing. The mission is alive.”
🚨 SHIB HOLDERS HIT NEW ATH! 🚨
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 9, 2025
1,511,101 wallets now hold $SHIB — that’s 0.011% of global population.
The army is growing. The mission is alive. 🔥 pic.twitter.com/DNI9LhgpCt
Despite the token’s slow price pace, leading experts and analysts like Javon Marks have continued to issue bullish price forecasts for SHIB. Marks, in his recent post on X, stated how SHIB is slated for a 360% hike, which may help the token gain a stable price ground of $0.000081 in the coming months.
“As $SHIB (Shiba Inu) continues to hold in a huge Inverse Head & Shoulders Pattern and is in the last phases of it, these prices can be GETTING READY TO RUN, and it could consist of an over 503% upside to our first target at $0.000081!”
As $SHIB (Shiba Inu) continues to hold in a huge Inverse Head & Shoulders Pattern and in there last phases of it, these prices can be GETTING READY TO RUN and it could consist of an over 503% upside to our first target at $0.000081! https://t.co/pYf1AuPM8f pic.twitter.com/2O7oUlWbuq
— JAVON⚡️MARKS (@JavonTM1) June 3, 2025
Technical Analysis of the Token: When Can Investors Expect a New High?
Per CoinCodex, SHIB may surge to hit a new price of $0.00001642 by June 15, 2025.
According to CoinCodex, Shiba Inu is on track to hit a notable price high of $ 0.00002481 latest by December 2025.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 86.64% and reach $ 0.00002481 by December 7, 2025. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 71 (greed). Shiba Inu recorded 14/30 (47%) green days with 8.08% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”
Also Read: Shiba Inu: 3 Reasons Why SHIB May Overtake Dogecoin By 2030