Meme coins such as SHIB and DOGE are observing a positive market sentiment with bullish predictions due to increased burn rates and
Bitcoin hitting record highs.
Shiba Inu, in particular, experienced a significant surge with statistics showing an
explosion in the burn rate and a notable increase in accumulation by potential whales.
Analysts are predicting a massive breakout soon which could potentially lead to a 1,500% increase. Despite this, there are concerns about the coin's performance against
Dogecoin (DOGE). The coin has shown strength against Bitcoin (BTC), however, it appears weak when compared to Dogecoin. A significant amount of bullish bets were liquidated which likely influenced the conjecture. Activity from whales and social signals anticipate a bullish trend that could be a winning factor for the coin. Its relative performance to other cryptocurrencies looks promising with SHIB outperforming Bitcoin as well. Despite few market setbacks,
predictions for 2025 indicate the possibility of SHIB doubling in price. However, alternatives such as newly launched altcoins and tokens like Remittix and Pepeto are attracting investor attention with projected high gains. A recently formed
Golden Cross in the Shiba Inu's price chart has sparked speculation about a possible mega rally. However, the significant decrease in the coin's price since 2023 and the near absence of a rally following the largest burn raises concern.
AI predictions for 2025 further show a surge of 61.2% leading to speculations about big news coming.
SHIB Coin News Analytics from Sun, 15 Jun 2025 07:00:00 GMT to Wed, 16 Jul 2025 22:04:00 GMT -
Rating 8
- Innovation -5
- Information 6
- Rumor 3
