Meme Coins News Price Update

Shiba Inu's Price Stalemate: Can SHIB Reach $0.00008845 Again?

by Crypto Hobby

Updated August 29, 2025

Shiba Inu's Current Standoff: Can SHIB Break Free?

Shiba Inu (SHIB) is currently experiencing a period of consolidation, trading within a narrow price range between $0.000012 and $0.000013. This stagnation has led many investors to question whether the popular meme coin can recapture its all-time high (ATH) of $0.00008845 before the end of 2025. Despite a brief surge to $0.000014 following Bitcoin's new ATH, SHIB quickly retreated, highlighting strong resistance at these levels.

Key Takeaways

Shiba Inu is currently trading between $0.000012 and $0.000013.
SHIB needs a 604.78% rally to reach its previous ATH of $0.00008845.
Factors like community engagement, token burns, real-world utility, a potential spot ETF, and team transparency could influence future price action.

The Path to Reclaiming Past Glory

To achieve its previous all-time high, Shiba Inu would need to experience a significant rally of over 600% from its current trading price of approximately $0.00001255. This would propel its market capitalization to an estimated $52.12 billion, assuming the circulating supply remains constant. The cryptocurrency has seen a notable decline in value since its peak in October 2021, and recent attempts to break out of its current trading band have been met with considerable selling pressure.

Potential Catalysts for a SHIB Comeback

Several key factors could potentially drive Shiba Inu back towards its former glory:

Revived Community Engagement: A resurgence in the highly active community engagement that fueled SHIB's 2020/2021 bull run could reignite momentum. Increased social media activity and promotion are crucial.
Aggressive Token Burns: Reducing the circulating supply through more robust token burn mechanisms, beyond current initiatives like burning a portion of Shibarium gas fees, could significantly impact SHIB's price.
Real-World Utility: Integrating SHIB into practical products, tools, and ecosystems would create genuine demand, thereby boosting its intrinsic value.
Spot SHIB ETF Approval: The absence of a spot Shiba Inu ETF, unlike other meme coins, represents a missed opportunity for institutional investment. The approval of such a product could attract significant capital inflows.
Team Transparency: Greater transparency regarding the identities of Shiba Inu's development team could enhance investor confidence and attract new interest in the project.