The rising popularity of Shiba Inu (SHIB) in the market drives expectations it can reach $0.001 by the end of the next 45 days. After gaining 7% today SHIB stands at $0.0000124. The market shifting positively with overall economic growth drives speculation on if Shiba Inu can keep rising towards its ambitious $0.001 target.
The positive U.S. inflation decline of 2.8% boosts Shiba Inu pocketbook since investors expect lower rates from the Federal Open Market Committee. Market predictions indicate that the Federal Reserve may reduce interest rates at the Federal Open Market Committee meeting next week. When the Federal Reserve reduces interest rates from 4.25% to 4.50% it often leads to more money entering risky assets which may start a major gain for SHIB.
The number of SHIB tokens being permanently removed from the market plays a significant role in its market value. Data reveals that SHIB burn rate has decreased by 65% which means less money is being taken out from the market at the moment. The SHIB value will react to new burning fewer tokens from the market unless the speed of burning tokens increases sharply.
Shiba Inu Adoption And Shibarium Growth Boost Prospects
As Shibarium nears its project’s next development point it has the potential to generate more SHIB burning. A successful roll-out of Shibarium and new adoption on the platform would drive buying demand for Shiba Inu and make investors more positive about its short-term prospects.
Social media discussions about SHIB continue to grow at an overwhelming rate as shown by LunarCrush platform data. The platform noted that people discussed Shiba Inu four times more than usual due to rising market interest. Contemporary market experience shows that strong social participation often increases meme coin prices which may boost SHIB performance.
For the first time in a long while, we're seeing a solid increase across the board on social mentions for memecoins. Let's see which coins are leading…
1) Dogecoin
2) Pepe
3) Official Trump
4) Shiba Inu
5) PWEASE
6) Bonk
7) Gigachad
8) Fartcoin
9) Unicorn Fart Dust
10) Floki… pic.twitter.com/eq5cSeQOsY— LunarCrush.com Social Analytics (@LunarCrush) March 11, 2025
Despite bullish indicators, SHIB faces significant technical barriers on its journey to $0.001. The large number of SHIB tokens in circulation makes achieving $0.001 almost impossible whether or not this value reaches Ethereum’s current market value.
Shiba Inu Lacks Institutional Support And ETF Integration
No major financial institutions promote SHIB and no exchange-traded funds seek to integrate the token. Without institutional support the digital currency may not gain long-term popularity.
The Relative Strength Index of SHIB shows an indicator level of 37 which indicates sellers have control over the market.
The present conditions imply a market reversal might happen but they make lasting gains hard to reach. The On-Balance Volume indicator shows a beneficial shift in market sentiment which means traders are short-term selling because they see the price drop as temporary rather than a long-term trend.
The market shows strong signs that Shiba Inu will not reach $0.001 within the next 45 days. The possibility of SHIB reaching $0.001 in the future depends heavily on strong burn rate growth and institutional investments like an ETF filing.
In the following 45 days Shiba Inu aims to reach $0.00039 according to its 476.4% Fibonacci extension level. Despite being a substantial hike it shows a better possibility according to market trends and technical prospects today.
Investors will follow economic events and the Fed’s decisions while watching SHIB development such as more burning and Shibarium updates. People worldwide stay interested in Shiba Inu as its path continues to develop.
