Shiba Inu Project Introduction

Shiba Inu (SHIB) is a decentralized cryptocurrency based on Ethereum, inspired by the Japanese dog breed ‘Shiba Inu,’ known as the ‘Dogecoin Killer.’ The project was launched by an anonymous individual ‘Ryoshi’ in August 2020, with the core goal of driving ecosystem development through a decentralized community and attracting widespread user attention through meme culture.

The initial total supply of $SHIB is 1 quadrillion, with 50% locked in the decentralized exchange Uniswap to provide liquidity support, and the remaining 50% directly gifted to Ethereum’s founder Vitalik Buterin. It is worth noting that Vitalik later burned 90% of them, significantly reducing the circulating supply of SHIB, and used the remaining 10% to help with the COVID-19 situation in India, which brought great attention to the project.

In addition, the development of Shiba Inu coin relies not only on community drive, but also gradually expands its ecosystem, including decentralized exchange platform Shiba Swap, NFT series, metaverse plans, and other sectors, to enhance the token’s utility and long-term development potential. In terms of market performance, the currency experienced a price surge in October 2021, driving its market value to surpass $16.9 billion, ranking it among the top fifteen global cryptocurrency market values.

Shiba Inu project logo (Image source:https://blog.maicoin.com/2021/11/03/shib-shiba-inu/)

Related links:

Official website entrance:https://shibatoken.com/

X (Twitter):https://x.com/shibtoken

Shibarium:https://shibarium.shib.io/

Telegram:https://t.me/shibainuthedogecoinkiller

Discord:https://discord.com/invite/shibatoken

Arkham:https://intel.arkm.com/explorer/token/shiba-inu

Etherscan:https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce

Trading Entrance:https://www.gate.io/zh/trade/SHIB_USDT

$SHIB Token Information

Token Name: Shiba Inu (SHIB)

Release Date: January 31, 2021

Total supply: 589.5 trillion coins

Token Type: ERC-20

Contract address: 0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE

$ SHIB on-chain information (Image source:https://etherscan.io/token/0x95ad61b0a150d79219d)

$SHIB trading data

In the past three months, the $SHIB trading volume peaked in early December, with the number of SHIBs transferred on the chain exceeding 30T (30 trillion) in a single day, and the number of transfers (i.e., black broken lines) simultaneously peaking at more than 35,000. From mid-December to late February, the $SHIB trading volume remained below 10T, and the number of transfers remained between 10,000-15,000, indicating that the market entered a relatively stable trading range.

Currently, the peak trading volume often occurs in the middle or at the end of the month, possibly related to fund rotation or market catalysts. If there is positive news in the SHIB ecosystem in the coming months, such as the upgrade of the Shibarium network, the launch of DeFi-related applications, or a overall recovery in the cryptocurrency market, it may drive a new round of on-chain activity. It is recommended to pay attention to the market hotspots and the further impact of ecosystem development on trading activities in the future.

$SHIB The past three months of on-chain transaction data statistics (Image source:https://etherscan.io/token/0x95ad61b0a150d79219)

Over the past 30 days, $SHIB trading activity has changed dramatically: at the beginning of February, net inflows briefly exceeded 1.2T SHIB, followed by massive outflows and a sharp increase in selling pressure; In mid-February, market liquidity stabilized, but still dominated by net outflows, which remained between -400B and -800B $SHIB, although smaller than the volatility in early February, indicating that market sentiment remained cautious; In the past week, the scale of fund outflows has further expanded, indicating that investors’ selling pressure is still rising, which may form a linkage effect with the decline in SHIB prices.

$SHIB In the past month, statistics on on-chain fund flows (Image source:https://intel.arkm.com/explorer/token/shiba-inu）

$SHIB price trend

In the past week, the price of Shiba Inu ($SHIB) has shown a trend of ‘rise first and then fall’, with market sentiment shifting from optimism to caution. The specific turning point occurred after February 22nd, when the price began to fluctuate, leading some short-term investors to take profits, resulting in repeated price adjustments; after the 24th, the price of $SHIB accelerated its decline, experiencing a wave of selling, and the market gradually entered a recovery phase, with some funds starting to buy on dips.

As of February 25, 2025, when this article was written, the latest token price of $SHIB is $0.000014. Currently, around $0.00001300 may become a temporary support level, while the range of $0.0000155 - $0.0000160 is still a key resistance area. In the short term, the market may enter a period of consolidation and volatility. Subsequent trends will depend on overall market sentiment, changes in trading volume, cryptocurrency market capital flows, and US Federal Reserve interest rate policies.

02/19 - 02/25 period $SHIB trend (Chart Source: https://coinmarketcap.com/currencies/shiba-inu/）

$SHIB Price Prediction

The predictive model shows that the price of $SHIB/USDT is expected to trend downward in the next three months, accompanied by a gradual convergence of price fluctuations.

Specifically, the price of $SHIB token is expected to fluctuate downward from early February 2025; it is expected to drop below $0.00001 after March, and the outflow pressure of funds continues to exist, with overall market activity decreasing; from May to June, the price of $SHIB may stabilize between $0.000005 and $0.000010, with the downward slope of the price decline slowing down, entering a low-volatility range, and the value of $SHIB entering a period of market calm or deep adjustment.

The green shaded area represents the confidence interval of the model’s prediction, which indicates the uncertainty of the forecast range. It can be observed that after entering March, the confidence interval narrows, and the market price enters a relatively stable state, that is, the volatility decreases, which is consistent with the previous predictions of price trends.

$SHIB price trend AI model prediction (Image source:https://cryptopriceperdiction-isshiliu.streamlit.app/)

Conclusion

Overall, the recent trend of Shiba Inu reflects the volatility of market sentiment. Although the ecosystem is continuously expanding, including the advancement of Shibarium Layer-2 and metaverse projects, the current market has not yet shown strong support, and there is still downward price risk. In the coming months, the price of $SHIB may further decline and enter a low-volatility range. For long-term investors, paying attention to bottom signals in the market and the progress of ecosystem development is crucial, while short-term traders need to carefully deal with market fluctuations and reasonably avoid risks.