Shiba Inu (SHIB) has captured the market’s attention with an impressive 55% rebound from its recent low. This movement has reignited the debate among investors about the Shiba Inu price prediction and its long-term targets. The recovery occurs amidst high volatility, driven by the activity of large holders and token-burning events.
The recent rally has been significant for followers of the digital asset. However, technical analysis suggests that the path to new all-time highs is fraught with challenges. Figures show previous drops of up to 12.05% in one week and 21.28% in the last month, underscoring the token’s volatile nature. Despite this, the asset has shown the ability to post intraday rallies of between 4.60% and 9.50%, fueling short-term optimism.
From a technical perspective, the MACD indicator shows a bullish divergence, a signal that often precedes positive momentum. Analyses place immediate resistance levels in the $0.000022 to $0.000032 range. On the other hand, a key support has been established in the $0.000011 to $0.000013 zone. Staying above this floor is crucial for short-term bullish targets, such as the $0.00005 mark, to remain viable. If this support is lost, the current Shiba Inu price prediction could be invalidated.
The broader context reveals that the goal of reaching $1 per token seems a distant target. With a circulating supply of approximately 590 trillion SHIB, such a price would imply a market capitalization exceeding quadrillions of dollars. This figure is far beyond any known benchmark in the global economy, a fact that, by the cold arithmetic of the market, makes this goal an impossibility.
SHIB’s Volatility: Between Massive Burns and Large Holders
The price dynamics of SHIB are heavily influenced by two main factors: token burns and the activity of large wallets. Days have been recorded with increases of up to 2,080% in the burn rate, removing billions of tokens from circulation. Although this reduces supply, its real effect depends on the sustainability and scale of these operations over time. Additionally, large holders have been observed accumulating nearly a billion dollars at key moments, largely explaining the abrupt price jumps.
For investors, this episode highlights both risks and opportunities. High volatility, exacerbated by coin concentration, demands careful risk management. The mentioned technical levels are useful for planning entry and exit strategies. However, the risk of a sharp market reversal remains present. The future of the Shiba Inu price prediction will not depend solely on speculation, but on the development of real utility within its ecosystem, such as advancements in Shibarium and its adoption in staking or NFTs.
