Shiba Inu ($SHIB) Crypto Forecast: Up 9.4% Today

What is Shiba Inu?

Shiba Inu (SHIB) is a meme cryptocurrency token that gained popularity due to its community and the influence of social media. The overall cryptocurrency market has been volatile, with investors closely monitoring various meme coins for potential gains.

Why is Shiba Inu going up?

SHIB crypto is up 9.4% on Apr 10, 2025 13:17

• SHIB experienced a strong bullish movement, teasing a 42% rally, possibly fueled by the excitement of dodging a new zero and a slowdown in the burn rate.
• The anticipation of project progress, as mentioned by a top SHIB developer, could have also contributed to the positive sentiment surrounding SHIB.
• The overall positive sentiment in the meme coin market, triggered by external circumstances affecting tokens like Dogecoin and Shiba Inu, might have further boosted SHIB's bullish movement.
• Despite the slowdown in the burn rate, SHIB's resilience and potential bottom being reached, as indicated by recent developments, could have instilled confidence in investors, leading to the bullish market movement.

SHIB Price Chart

SHIB Technical Analysis

SHIB News

Shiba Inu (SHIB) Teases 42% Bull Rally After Dodging New Zero

Shiba Inu (SHIB) Teases 42% Bull Rally After Dodging New Zero

https://u.today/shiba-inu-shib-teases-42-bull-rally-after-dodging-new-zero

What's Next for Shiba Inu? Top SHIB Developer Speaks on Project Progress

What's Next for Shiba Inu? Top SHIB Developer Speaks on Project Progress

https://u.today/whats-next-for-shiba-inu-top-shib-developer-speaks-on-project-progress

Dogecoin, Shiba Inu Power 10% After Trump Pauses Tariffs But This Meme Coin Is The Real Winner Today - Emeren Group ( NYSE:SOL )

A wave of green swept across the meme coin market on Wednesday as President Donald Trump's 90-day reciprocal tariff pause sent top tokens in the sector soaring. What happened: Solana SOL/USD-based Fartcoin spearheaded the rally, pumping over 40% in the last 24 hours.

https://www.benzinga.com/25/04/44727195/dogecoin-shiba-inu-power-10-after-trump-pauses-tariffs-but-the-real-star-is

SHIB burn rate drops 82% in 7 days – What’s behind the memecoin slowdown?

SHIB burn rate drops 82% in 7 days – What’s behind the memecoin slowdown?

https://ambcrypto.com/shib-burn-rate-drops-82-in-7-days-whats-behind-the-memecoin-slowdown/

XRP Hits 'Now or Never' Moment, Shiba Inu (SHIB) Bottom Finally Reached? Solana (SOL) in Dire State

XRP Hits 'Now or Never' Moment, Shiba Inu (SHIB) Bottom Finally Reached? Solana (SOL) in Dire State

https://u.today/xrp-hits-now-or-never-moment-shiba-inu-shib-bottom-finally-reached-solana-sol-in-dire-state

Trending Today

Enphase Energy Inc. ($ENPH) Stock Forecast: Down 7.2% Today

MarketAxess Holdings Inc. ($MKTX) Stock Forecast: Up 5.1% Today

Affirm Holdings Inc. ($AFRM) Stock Forecast: Down 5.2% Today

EOG Resources Inc. ($EOG) Stock Forecast: Down 8.6% Today

PNC Financial Services Group Inc. (The) ($PNC) Stock Forecast: Down 5.6% Today

Tandem Diabetes Care, Inc. ($TNDM) Stock Forecast: Down 5.4% Today

Amplitude Inc. ($AMPL) Stock Forecast: Down 7.1% Today

Riot Platforms, Inc. ($RIOT) Stock Forecast: Down 7.8% Today

DXC Technology Company ($DXC) Stock Forecast: Down 5.5% Today

Bausch + Lomb ($BLCO) Stock Forecast: Down 5.0% Today

Shiba Inu Price History

09.03.2025 - SHIB Crypto was up 13.2%

• The bullish movement of SHIB today can be attributed to the overall positive sentiment in the cryptocurrency market, with major tokens like Bitcoin, Ethereum, XRP, and Dogecoin experiencing significant price surges.
• The launch of the Shibarium Developer Initiative after reaching 1 billion transactions could have also contributed to the positive momentum of SHIB, showcasing ongoing development efforts and community engagement.
• The price prediction and discussions around SHIB revisiting its all-time high (ATH) might have sparked investor optimism and buying interest, further fueling the bullish movement.
• The anticipation of a potential reversal in SHIB's price direction, with a focus on a key trigger, could have created a sense of urgency among traders, leading to increased buying pressure and driving the token's value up.

10.03.2025 - SHIB Crypto was up 9.4%

• SHIB experienced a strong bullish movement, teasing a 42% rally, possibly fueled by the excitement of dodging a new zero and a slowdown in the burn rate.
• The anticipation of project progress, as mentioned by a top SHIB developer, could have also contributed to the positive sentiment surrounding SHIB.
• The overall positive sentiment in the meme coin market, triggered by external circumstances affecting tokens like Dogecoin and Shiba Inu, might have further boosted SHIB's bullish movement.
• Despite the slowdown in the burn rate, SHIB's resilience and potential bottom being reached, as indicated by recent developments, could have instilled confidence in investors, leading to the bullish market movement.

09.03.2025 - SHIB Crypto was up 12.4%

• SHIB experienced a strong bullish movement today, with a 13% price jump and a 56% increase in trading volume.
• The rally in SHIB could be attributed to the overall positive sentiment in the cryptocurrency market, as seen with other tokens like Bitcoin, Ethereum, XRP, and Dogecoin surging higher.
• The launch of the Shibarium Developer Initiative after reaching 1 billion transactions might have also contributed to the positive momentum, showcasing continued development and innovation within the SHIB ecosystem.
• Elon Musk's tweet about PEPE causing a rally in that token might have indirectly influenced the overall bullish sentiment in the meme-based cryptocurrency space, benefiting SHIB as well.

10.03.2025 - SHIB Crypto was up 11.6%

• SHIB experienced a strong bullish movement today, with a 13% price jump and a significant increase in trading volume.
• The launch of the Shibarium Developer Initiative after reaching 1 billion transactions could have sparked renewed interest and confidence in SHIB.
• Positive sentiment and increased activity in the broader cryptocurrency market, including notable tokens like XRP and Dogecoin, might have contributed to SHIB's upward momentum.
• Elon Musk's tweet possibly had a spillover effect on SHIB's price movement, as seen with the rally in PEPE, another cryptocurrency.

10.03.2025 - SHIB Crypto was up 9.0%

• SHIB experienced a strong bullish movement with a 13% price jump and a 56% increase in trading volume.
• The drop in SHIB's burn rate by 82% in 7 days may have contributed to the slowdown in the memecoin's supply, potentially leading to increased demand and price appreciation.
• The positive sentiment in the meme coin market, fueled by favorable developments and the rally in other tokens like Solana's Fartcoin, likely boosted SHIB's price.
• Mention of PEPE in a notable figure's tweet causing a rally in its price may have indirectly influenced the overall positive market sentiment, benefiting SHIB's upward movement.

09.03.2025 - SHIB Crypto was down 8.4%

• SHIB experienced a strong bearish movement today.
• The plunge in SHIB's burn rate by 82.58% in 7 days could have contributed to the negative market sentiment.
• Despite witnessing a 784% growth in a key on-chain metric, SHIB failed to sustain bullish momentum, indicating underlying weakness.
• The emergence of "Fartcoin" as a 'recession hedge' might have diverted investor attention away from SHIB, impacting its price negatively.

09.03.2025 - SHIB Crypto was up 8.7%

• The launch of the Shibarium Developer Initiative after reaching 1 billion transactions could have sparked positive sentiment among investors, driving up the price of SHIB.
• Discussions about revisiting all-time highs indicate growing optimism and interest in Shiba Inu, contributing to its bullish movement.
• The prediction of a reversal in SHIB's price direction, with emphasis on a key trigger, might have created anticipation and buying pressure, fueling the bullish momentum.
• Concerns about SHIB potentially adding another zero to its price could be overshadowed by the positive developments and speculations, leading to the strong bullish movement observed today.

09.03.2025 - SHIB Crypto was down 5.2%

• A significant increase in Shiba Inu burn rate by 1500% likely caused a temporary supply shock, leading to a bearish movement as investors may have been concerned about the impact on token scarcity.
• The offloading of 801 billion SHIB tokens by whales could have created selling pressure, contributing to the downward price movement.
• The information about Stellar (XLM) nearing a death cross and the overall market turmoil may have spooked investors, causing them to sell off SHIB along with other cryptocurrencies.
• Broader market trends, such as the negative impact of White House tariffs on Chinese goods on major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin, could have added to the bearish sentiment and influenced SHIB's price decline.

09.03.2025 - SHIB Crypto was up 5.2%

• The strong bullish movement of SHIB today can be attributed to the surge in its deflationary mechanism by 1465%, creating a scarcity narrative that attracted more investors.
• The increase in whale accumulation by nearly 800% indicates growing confidence from large holders in the token, potentially driving up demand and prices.
• The significant spike in the burn rate by 1500% might have contributed to a supply shock, leading to a price surge as investors anticipate a potential price recovery after a recent dip.
• The comparison with Ozak AI highlights the speculative nature of meme tokens like SHIB, where unique narratives and community-driven initiatives can lead to rapid price movements.

08.03.2025 - SHIB Crypto was down 6.7%

• The bearish movement in SHIB today could be attributed to the overall market turmoil affecting cryptocurrencies, as seen with Bitcoin, Ethereum, XRP, and Dogecoin extending losses due to external factors.
• The significant plunge in SHIB's burn rate by 82.58% in 7 days may have also contributed to the negative sentiment surrounding the token, indicating reduced token circulation and potentially lower demand.
• Despite the negative market movement, the emergence of Fartcoin as a 'recession hedge' could have diverted some attention and investment away from SHIB, impacting its price negatively.
• The warning of a potential 50% crash in SHIB's price due to a bearish breakout looming might have added to the selling pressure and accelerated the downward movement of the token.

09.03.2025 - SHIB Crypto was down 5.4%

• Today's decline in SHIB's value may be linked to a significant token dump of 801B tokens by large SHIB holders in the past 24 hours, leading to increased selling pressure.
• The sharp 82.58% decrease in SHIB's burn rate over the last 7 days could have contributed to negative perceptions, signaling a drop in token burning activity that supports scarcity and value appreciation.
• The ongoing market uncertainty, exemplified by losses in major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin due to trade tensions, likely reinforced the bearish sentiment on SHIB.
• Despite the emergence of tokens like Fartcoin as a potential safe haven during economic downturns, SHIB faces challenges like potential death cross signals in Stellar (XLM) and market conditions, requiring it to overcome these hurdles to reclaim bullish momentum and price growth.

10.03.2025 - SHIB Crypto was up 9.9%

• SHIB saw a notable uptrend today, marking a 13% increase in its price and a 56% surge in trading volume.
• Comments from a key SHIB developer regarding project advancements might have boosted investor confidence and encouraged more buying activity.
• A significant 82% decrease in SHIB burn rate over 7 days potentially hinted at reduced token circulation, leading to a possible imbalance in supply and demand to drive prices up.
• Positive market sentiments towards meme coins like SHIB and Dogecoin following recent events could have set a favorable stage for SHIB's price growth.