- The Shiba Inu burn rate soared 600%, removing 3.2 million SHIBs from circulation in 24 hours.
- Shiba Inu’s ShibOS offers 36 rooms for Web3 applications, improving scalability and adoption.
- Analysts predict that Shiba Inu could rise 1,057% to 4,895% in the upcoming altcoin season.
Shiba Inu Marketing Manager Lucie is optimistic about the direction of the crypto market, with a particular focus on Shiba Inu (SHIB). Lucy believes The overall crypto market has yet to enter the significant period where altcoins significantly outperform Bitcoin, even though Bitcoin hit an all-time high of $109,114 on January 20, 2025. Altcoin season typically begins when Bitcoin is growing rapidly, allowing other cryptocurrencies to grow faster than Bitcoin itself. .
Lucie also remains hopeful that altcoin season is just around the corner, and as such, Shiba Inu could make huge gains in the process. This is in line with market expectations that the prices of altcoins such as SHIB could rise as they did during the 2020-2021 period, when Shiba Inu saw huge gains.
The Historic Shiba Inu Price Surge and Future Expectations
SHIB experienced significant growth in its price during the 2020/2021 bull run. The price of the meme coin increased by over 153 million percent in one year, from $0.000000000056 in August 2020 to $0.00008616 in October 2021. Several factors led to this rise, such as large headlines from major exchanges and the burning of a massive amount of Ether by the Ethereum joint venture. -creator, Vitalik Buterin.
Although SHIB can still be purchased for just $0.00002002 per coin today, analysts are optimistic that another strong rise could be possible over the coming months. other season. Others, like Alan Santana and Davie Satoshi, believe SHIB could reach new all-time highs in the coming months, with the potential to reach $0.00023179 and $0.0006753.
Shiba Inu ShibOS
In addition to its price prediction, SHIB launched ShibOS, a blockchain operating system that seeks to bridge the gap between Web2 and Web3. This system offers 36 different rooms, each serving a specific purpose, such as SHIB Doggy DAO, Shib Finance, Shib Events & Ticketing Engine. ShibOS brings many benefits to the community by allowing users to create decentralized applications for business and personal use.
As a gas-free platform with high-speed infrastructure and solutions to bypass Ethereum’s inefficiencies, ShibOS plans to target developers and users looking for scalable, privacy-focused applications. This innovation could add more value to SHIB and improve its chances of growth as the cryptocurrency market continues to expand.
Challenges and Potential for Shiba Inu
Even with such an exceptional outlook, the SHIB price has remained rather volatile. It recently fell below the crucial $0.00002 level in other cryptocurrencies. Nonetheless, the SHIB burn rate has increased by 600% and community efforts are underway to support a price rebound in the future.
Shiba Inu has not fully benefited from current market trends, but the continued reduction in supply due to burns and the introduction of new use cases through ShibOS could create the much-needed momentum for a major increase in the coming days.