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**Shiba Inu (SHIB) Price Prediction 2025**
As the crypto market continues to navigate its latest challenges, Shiba Inu (SHIB) has been making significant strides. Despite recent corrections, SHIB’s resilience and growing ecosystem have set a strong foundation for potential growth in the future.
**Weekly Chart Analysis: Potential Uptrend Ahead**
Our analysis suggests that the weekly chart is now poised to potentially push past its $0.000033 resistance level, as seen on TradingView. This would be an impressive recovery, especially given the recent market volatility. As a result, we may see SHIB reclaim the $0.0000300 mark in Q1 2025.
**Community Resilience and Ecosystem Growth**
Notably, 64% of SHIB holders remain in profit, underscoring the community’s remarkable resilience and Shiba Inu’s continued relevance within the meme coin sector. This is particularly impressive considering recent market fluctuations. The growing TVL (total value locked) on Shibarium, an impressive 850% increase since September, further reinforces the project’s expanding presence.
**Impressive Burn Rate Growth**
In addition to this remarkable community sentiment, SHIB has seen a staggering 1,068% spike in its burn rate. This means that over 51.7 million tokens have been destroyed, demonstrating the project’s commitment to reducing supply and maintaining a more sustainable tokenomics model.
**Conclusion: Bullish Outlook Ahead**
Based on these insights, it is likely that SHIB will continue to defy market trends, potentially paving the way for an extended rally in the coming months. As we head into 2025, our analysis suggests that there are strong signs pointing towards growth and a push beyond $0.000033.
**Disclaimer:** The opinions expressed here are not investment advice; they are provided for informational purposes only.
Source: u.today
