{"id":18772,"date":"2025-03-24T12:46:52","date_gmt":"2025-03-24T12:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18772"},"modified":"2025-03-24T12:46:52","modified_gmt":"2025-03-24T12:46:52","slug":"3-reasons-why-the-shiba-inu-shib-price-might-rally-soon","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18772","title":{"rendered":"3 Reasons Why the Shiba Inu (SHIB) Price Might Rally Soon"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">SHIB\u2019s price has recorded only a 1% daily increase, but some essential factors hint that the resurgence has yet to start.<\/span><\/li>\n<li>The burn rate has skyrocketed by over 8,000%, while the weekly exchange netflow signals a reduced immediate selling pressure.<\/li>\n<\/ul>\n<h2><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-388843\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB_CB-3-1-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/h2>\n<h2><span data-preserver-spaces=\"true\">New Bull Run Incoming?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency market has <\/span><span data-preserver-spaces=\"true\">witnessed a substantial revival<\/span><span data-preserver-spaces=\"true\"> in the past 24 hours, with Bitcoin (BTC) <a href=\"https:\/\/cryptopotato.com\/bitcoin-hits-17-day-high-avalanche-posts-double-digit-gains-market-watch\/\" data-wpel-link=\"internal\">rising<\/a> above $87,000 and Ethereum (ETH) challenging $2,100. However, some leading digital assets have not followed the overall green path.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The second-largest meme coin \u2013 Shiba Inu (SHIB) \u2013 is among the examples, with its price recording a mere 1% increase on a daily scale. <\/span><span data-preserver-spaces=\"true\">In fact,<\/span><span data-preserver-spaces=\"true\"> it remains in red territory <\/span><span data-preserver-spaces=\"true\">on a weekly basis<\/span><span data-preserver-spaces=\"true\">, currently trading at roughly $0.00001312 (per CoinGecko\u2019s data).\u00a0<\/span><\/p>\n<figure id=\"attachment_388840\" aria-describedby=\"caption-attachment-388840\" style=\"width: 562px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB-Price-5.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-388840\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB-Price-5.png\" alt=\"SHIB Price\" width=\"562\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB-Price-5.png 836w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB-Price-5-300x214.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB-Price-5-768x547.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/SHIB-Price-5-50x36.png 50w\" sizes=\"auto, (max-width: 562px) 100vw, 562px\"><\/a><figcaption id=\"caption-attachment-388840\" class=\"wp-caption-text\">SHIB Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Several factors, though, suggest that SHIB might soon catch up with the\u00a0<\/span><span data-preserver-spaces=\"true\"><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">top performers. The meme coin\u2019s burn rate, for instance, has\u00a0<a href=\"https:\/\/www.shibburn.com\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">exploded<\/a> by over 8,000% in the last 24 hours, resulting in more than one billion tokens being\u00a0<\/span>sent to a null address.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The mechanism\u2019s ultimate goal is to reduce Shiba Inu\u2019s tremendous circulating supply and <\/span><span data-preserver-spaces=\"true\">potentially<\/span><span data-preserver-spaces=\"true\"> make the coin more valuable in time via scarcity.<\/span> <span data-preserver-spaces=\"true\">The program was introduced<\/span><span data-preserver-spaces=\"true\"> approximately three years ago, and since then, the team and community have burned over 410.7 trillion SHIB, leaving 584.3 trillion in circulation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The next bullish element on the list is Shiba Inu\u2019s exchange <\/span><span data-preserver-spaces=\"true\">netflow<\/span><span data-preserver-spaces=\"true\">. CryptoQuant\u2019s data <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptoquant.com\/asset\/shib\/chart\/exchange-flows\/exchange-netflow-total?exchange=all_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=column\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">shows<\/span><\/a><span data-preserver-spaces=\"true\"> that outflows have surpassed inflows in the last week, signaling a possible shift from centralized exchanges to self-custody methods. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\">, in turn, reduces the immediate selling pressure.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">SHIB\u2019s potential rally could also be triggered by Shibarium\u2019s further advancement.<\/span><span data-preserver-spaces=\"true\"> The layer-2 blockchain solution has recently noted a significant resurgence, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibariumscan.io\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">processing<\/span><\/a><span data-preserver-spaces=\"true\"> multi-million daily transactions and <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inus-shibarium-blasts-through-another-major-milestone\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">blasting<\/span><\/a><span data-preserver-spaces=\"true\"> through yet another major milestone.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The protocol aims to foster the development of the Shiba Inu ecosystem by lowering transaction costs, improving speed, and enhancing scalability. <\/span><span data-preserver-spaces=\"true\">According to some industry participants, Shibarium\u2019s progress could <\/span><span data-preserver-spaces=\"true\">indeed<\/span><span data-preserver-spaces=\"true\"> fuel an impressive rally for the underlying token.<\/span><span data-preserver-spaces=\"true\"> The popular analyst Davinci Jeremie, who is known for his pro-BTC stance, recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-to-the-moon-but-under-this-crucial-condition-bitcoin-advocate-weighs-in\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">said<\/span><\/a><span data-preserver-spaces=\"true\">:<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cI like Shiba Inu, as you know, and\u00a0I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it\u2019s a chain that you can\u00a0<\/span><span data-preserver-spaces=\"true\">actually<\/span><span data-preserver-spaces=\"true\"> run all kinds of applications.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. <\/span><span data-preserver-spaces=\"true\">If they <\/span><span data-preserver-spaces=\"true\">get that solved<\/span><span data-preserver-spaces=\"true\">, Shiba Inu will go to the moon.\u201d<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">Bonus: Potential Partnerships<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Key collaborations between Shiba Inu and well-known entities can also trigger upward pressure on the meme coin\u2019s price. The crypto community recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inus-shytoshi-kusama-vanishes-from-x-the-calm-before-the-storm\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">noted<\/span><\/a><span data-preserver-spaces=\"true\"> the disappearance of Shytoshi Kusama (SHIB\u2019s former lead developer) from X, but LUCIE (Shibarium\u2019s marketing strategist) explained the leader has become an ambassador of the project and is \u201cdoing <\/span><span data-preserver-spaces=\"true\">exactly<\/span><span data-preserver-spaces=\"true\">\u00a0what he announced he would.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Several X users appreciated the comment, expecting \u201cgroundbreaking partnerships\u201d for the meme coin project once Kusama breaks their silence.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is <\/span><span data-preserver-spaces=\"true\">important<\/span><span data-preserver-spaces=\"true\"> to mention that Shiba Inu <\/span><span data-preserver-spaces=\"true\">has already<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/massive-shiba-inu-shib-announcement\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">inked<\/span><\/a> <span data-preserver-spaces=\"true\">an important<\/span><span data-preserver-spaces=\"true\"> deal in February of this year. Back then, the team behind the project shook hands with the Ministry of Energy and Infrastructure of the United Arab Emirates, while SHIB\u2019s price charted substantial gains shortly after.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/3-reasons-why-the-shiba-inu-shib-price-might-rally-soon\/\" rel=\"nofollow\">3 Reasons Why the Shiba Inu (SHIB) Price Might Rally Soon<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR SHIB\u2019s price has recorded only a 1% daily increase, but some essential factors hint that the resurgence has yet to start. The burn rate has skyrocketed by over 8,000%, while the weekly exchange netflow signals a reduced immediate selling pressure. New Bull Run Incoming? The cryptocurrency market has witnessed a substantial revival in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18772","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18772"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18772\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}