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In a crypto market shrouded in fear and uncertainty, Shiba Inu (SHIB) has defied expectations to hold its ground. As altcoins fall with macroeconomic instability, SHIB holds on to its symbolic support at US$0.00001, avoiding the feared addition of a zero. Although even as it shows this strength, it is evident that Shiba Inu is missing a big catalyst to spark a new rally.
SHIB's performance during April 2025 reveals a token in limbo. As of 5.10 pm on April 11, 2025, Shiba Inu price is US$0.00001194 with 0.22% gain over the day. Its trading volume has dipped by 34.21% although the market cap has gone up by 0.44%, reaching US$ 7.05 B. The meme coin is showing bullish momentum. The surge is driven by the announcement of Trump's reciprocal tariff delay by 90 days, wiping out the trade war tensions. It has also boosted investor confidence for now.
SHIB is trading above the short-term SMA. The RSI on the daily chart is pointing higher, so the token could reach the next resistance at US$0.00001325. Thus, the chances of a SHIB breakout in the near future are high. However, the price is still vulnerable to risk-off sentiment and US$0.00001150 is the immediate support.
This is happening as SHIB’s community is pumping on social media in hopes that Shibarium will add fundamental value to the token:
Meme coins like SHIB are getting more and more sensitive to overall sentiment and liquidity, experts say they’re the canary in the crypto coal mine.
Even amidst market fear, the SHIB community remains in its long-term value. The community lead, Lucie, best encapsulated the sentiment with "SHIB stands firm. When the turnaround happens, it can come very rapidly." She went on to add that present skepticism is being driven by FUD sellers, rather than by SHIB's real fundamentals. This is a sentiment, however, that alone is enough to drive prices higher. Lacking new utility or a game-changer, investor patience will be stretched.
The truth is that the current situation of Shiba Inu is partially caused by the absence of an exciting new driver. The Shibarium layer-2 solution, for example, while promising, has not yet seen the wide adoption that would be necessary to materially move the price favourably. The same is true for SHIB burns. Initiatives such as ShibaSwap are being implemented but have not yet grown the investor enthusiasm to scale.
SHIB also faces strong competition from meme coin king Dogecoin (DOGE), which still dominates headlines, especially amid market rallies. Lacking a clear advantage or use case, SHIB runs the risk of being eclipsed by more well-known or better-performing tokens.
One of the biggest problems for SHIB is its dependence on the overall crypto market. With Bitcoin whiplashing and no apparent macroeconomic turnaround on the horizon, altcoins such as SHIB are stuck in limbo. A whopping US$445 million in 24-hour liquidations serves as a chilling reminder of how fast sentiment can shift.
Until Bitcoin finds stability or rises, SHIB is not going to see any long-term upward traction. In other words, the whole market needs to awaken before SHIB can even dream of going "to the moon."
Analysts estimate SHIB may average near US$0.0000129 in May, with highs maybe reaching US$0.0000287. Over the longer term, estimates project SHIB can reach US$0.0000326 by December 2025 and possibly even US$0.001 by 2035, assuming adoption does pick up.
The continued Shibarium development and strong community support are the major cornerstones of its future. However, actual gains will rely on key ecosystem advancements, larger crypto momentum, and improved investor sentiment. Traders and investors await, patiently waiting for the spark that might flip everything in SHIB’s favour.
