Shiba Inu Price Prediction: 3 Trillion SHIB Volume Vanishes – Is SHIB Going to $0?
2025-07-16 16:55:55
Main Idea
The Shiba Inu (SHIB) price has shown recent gains but faces concerns due to a significant drop in large transaction volumes, while long-term predictions remain optimistic. Meanwhile, TOKEN6900, a new meme coin, has raised over $500,000 in presale, emphasizing its lack of utility and reliance on speculative appeal.
Key Points
1. The Shiba Inu price has risen by 6% in the past 24 hours and 15% in a week, but remains down 26% over the past year.
2. Large SHIB transactions (worth at least $100,000) dropped by 69%, from 6.04 trillion SHIB to 1.87 trillion SHIB, signaling potential declining demand.
3. Technical indicators (RSI and MACD) suggest SHIB could continue rising, with predictions of reaching $0.000020 by August and $0.000040 by year-end.
4. TOKEN6900, a new meme coin, has raised over $500,000 in presale, positioning itself as a speculative asset with no fundamental utility.
5. TOKEN6900’s value is based on 'Delusion, Irony, And The Collective Hallucination Of Terminally Online Trader,' and it offers staking rewards for holders.
Description
The Shiba Inu price has risen by 6% in the past 24 hours, with the meme token rebounding to $0.00001381 on a positive day for most major tokens. SHIB is now up by 15% in a week and by 21% in the past fortnight, although the meme coin remains down by 26% in the past year. This latter percentage is disappointing, and what’s worrying about Shiba Inu is that even the rally of the past week has done little to alter its fundamental position, with large transactions falling by around 3 trillion SHIB ov...
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