The stock market crash at the end of 2024 has thrown the entire crypto space into panic. Bitcoin lost its $100,000 support, causing most meme coins to show red candles. Although there has been some recovery of late, with total market capitalization nearing $100 billion, fears of another crash persist.
Shiba Inu, the world’s second largest coin by market capitalization, saw a 2% decline in the month-end chart, including 17% in the last seven days. Will it be able to overcome the current bearish scenario and gain value in 2025?
Shiba Inu drops 28% before recovery
SHIB price faced a sharp decline, losing the ascending channel it had established from September 2024. The meme coin fell 26% from its recent high before bulls sparked a rally of panic for the token, painting a few green candles on TradingView.
It is currently trading around the $0.000024 level and the market capitalization of the same coin is around $13.8 billion. Recent momentum shows signs of recovery. However, it is too early to say whether the crypto will maintain its bullish momentum.
Why did the Shiba Inu crash and why is it recovering?
Shiba Inu reached its second all-time high this year, driven in part by Bitcoin’s bullish performance as well as the project’s own merits, thanks to its multiple use cases. The narrative around the benefits of this crypto has been positive, especially regarding its Shibarium ecosystem.
However, the bullish momentum experienced by SHIB was short-lived as investors began to exit, pushing the price down from $0.00004 to $0.00001. This was a massive 78% drop in its price, after which the token stabilized around the $0.000014 level before rallying back to $0.000035, which was due to Bitcoin having crossed the threshold of $100,000.
What triggered the SHIB token sell-off was that Bitcoin lost this support due to the Federal Reserve’s plan not to introduce further rate cuts in 2025.
As for the recent recovery, it could be attributed to three factors. First, since the project is focused on utilities, it likely attracted the attention of major players who came together to increase its value again, which became evident when the token’s RSI fell below 30.
The second factor is the positive news coming from the Bitcoin front, as the world’s largest cryptocurrency is slowly inching towards its $100,000 level.
The third reason is the recent tweet from the official Twitter account, which states that SHIB, BONE and LEASH have become multi-chain.
Shiba Inu Price Prediction β Whatβs Coming for SHIB Price in 2025 and Beyond?
The Shiba Inu ecosystem no longer represents a singular coin; several meme projects, as well as games, are emerging from the ecosystem. Clearly, the project is on the verge of losing its memetic appeal and becoming a full-fledged utility crypto. These factors will be crucial in determining the Shiba Inu price in 2025 and beyond.
2025
The Shiba Inu’s performance in 2025 will depend on developments that emerge from its ecosystem as well as broader market conditions. With so many new tokens emerging from the ecosystem, including the recently introduced Shifu, the price of SHIB could increase in value.
If the current rally lasts long enough for SHIB to reclaim $0.00003, it would signal to the community that the market has recovered, which could lead the token to rise further. Simply put, this will push the price of the token back into the ascending channel, allowing Shiba Inu to trade around the $0.00005 level.
However, if the market scenario is bearish and Bitcoin fails to establish a new all-time high, SHIB price could drop to $0.000015.
2026 β 2030
For long-term price predictions, we need to look at the weekly charts of SHIB on TradingView.
As this chart shows, a converging triangle pattern is emerging and the top will be reached at some point. Then, depending on emerging Shiba Inu use cases and broader market conditions, there will be a breakout.
If market conditions are positive, it is possible that SHIB will take steps to regain its all-time high reached towards the end of 2026. Otherwise, the value could potentially fall. Our conservative estimate is that the SHIB price may reach $0.0001 by the end of 2026. By 2030, it is likely that Shiba Inu will become a full-fledged utility crypto. It is possible that the token is not counted among the meme coins.
Wall Street Pepe β Pepe Themed Token with a Mission
As Shiba Inu moves toward more use cases, it’s possible that price action will become less volatile over time. However, Grandpa from Wall Streetwhile being useful, relies on its Pepe-themed appeal and meme-based ecosystem to grow in value.
This coin project presents an interesting narrative. The main character of the project is a Pepe named WEPE, who also serves as the stock symbol for Wall Street Pepe. WEPE is on a mission to change the coin space forever. Tired of market players, developers, and whales who have hegemony over the coin market, he aims to create a community β a WEPE army β to turn all the hungry small investors into insiders.
The WEPE token will be used to interact with this community, providing users with daily news, crypto signals, and top performing meme coin picks. Competitions will also be held, encouraging people to share their successful crafts. The vision is to promote high-octane community interactions and make the robust coin economy accessible to as many users as possible.
Already available for pre-sale, Wall Street Pepe has broken records, raising around $35 million so far.
Leading YouTuber Cilinix Crypto discussed Wall Street Pepe in his latest video, highlighting the huge amount he raised in a very short time.
For more details about the project, visit WEPE’s official website, follow its X manage or join Telegram channel.