The market crash at the end of 2024 sent the entire crypto space into a panic. Bitcoin lost its $100k support, resulting in most meme coins showing red candles. Although there has been some recovery lately, with the total meme coin market cap inching towards $100 billion, fears of another crash linger.
Shiba Inu, the world’s second-largest meme coin by market capitalization, experienced a 2% drop in the month-end chart, with 17% in the last seven days. Will it be able to overcome the current bearish scenario and increase in value in 2025?
Shiba Inu Drops 28% Before Recovery
The SHIB price faced a sharp decline, losing the rising channel it had established from September 2024. The meme coin dropped by 26% from its recent high before bulls engineered a panic rally for the token, painting a couple of green candles on TradingView.
It is currently trading around the $0.000024 level, and the meme coin’s market cap is around $13.8 billion. The recent momentum shows signs of recovery. However, it is too soon to tell whether the crypto will maintain its upward momentum.
Why Did Shiba Inu Crash and Why is it Recovering?
Shiba Inu achieved its second all-time high this year, partly because of Bitcoin’s bullish performance as well as the project’s own merits, thanks to its multiple use cases. The narrative around the benefits of this crypto has been positive, especially regarding its Shibarium ecosystem.
However, the bullish momentum SHIB experienced was short-lived as investors began to pull back, dropping the price from $0.00004 to $0.00001. This was a massive 78% decline in its price, after which the token stabilized around the $0.000014 level before making a move up to $0.000035, which was due to Bitcoin crossing the $100k threshold.
What set off the sell-off of SHIB tokens was Bitcoin losing that support due to the Federal Reserve’s plan to not introduce new rate cuts in 2025.
As for the recent rally, this could be attributed to three factors. First, since the project is utility-centric, it has likely garnered the attention of major players who came together to push its value up again, which became apparent when the token’s RSI dropped below 30.
The second factor is the positive news coming from Bitcoin’s front as the world’s biggest crypto is slowly moving up to its $100k level.
The third reason is the recent tweet from the official Twitter account, which declared that SHIB, BONE, and LEASH have gone multi-chain.
Shiba Inu Price Prediction – What is Coming for SHIB Price in 2025 and Beyond?
The Shiba Inu ecosystem no longer represents a singular meme coin; multiple meme projects, as well as games, are emerging from the ecosystem. By all accounts, the project is close to shedding its memetic appeal and becoming a full-blown utility crypto. These factors will be crucial in driving the Shiba Inu price in 2025 and beyond.
2025
Shiba Inu’s performance in 2025 will depend on the developments that emerge from its ecosystem as well as broader market conditions. With so many new tokens emerging from the ecosystem, including the recently introduced Shifu, the SHIB price could move up in value.
If the current rally holds up long enough for SHIB to reclaim $0.00003, that would signal to the community that the market has recovered, which could lead to the token moving further up. Simply put, it will push the token’s price back into the rising channel, making it possible for Shiba Inu to trade around the $0.00005 level.
However, if the market scenario is bearish, and Bitcoin fails to establish a new all-time high, the SHIB price could drop to $0.000015.
2026 – 2030
For the long-term price forecast, we have to look at the week-based charts for SHIB on TradingView.
As this chart shows, a converging triangle pattern is emerging, and the apex will be reached at some point. Then, depending on the Shiba Inu’s emerging use cases and broader market conditions, there will be a breakout.
If the market conditions are positive, it is possible that SHIB could make a move to reclaim its all-time high achieved near the end of 2026. If not, the value can potentially drop. Our conservative estimate is that the SHIB price will be able to reach $0.0001 by the end of 2026. By 2030, it is likely that Shiba Inu will become a full-fledged utility crypto. It is possible that the token won’t be counted among meme coins.
Wall Street Pepe – Pepe-Themed Token with a Mission
With Shiba Inu moving towards more use cases, it is possible that the price action will become less volatile over time. However, Wall Street Pepe, while having utility, relies on its Pepe-themed appeal and meme-based ecosystem to grow in value.
This meme coin project presents an interesting narrative. The main character of the project is a Pepe named WEPE, which also serves as the ticker symbol for Wall Street Pepe. WEPE is on a mission to change the meme coin space forever. Tired of market movers, developers, and whales having hegemony over the meme coin market, it aims to create a community—a WEPE army—to turn all small yet hungry investors into insiders.
The WEPE token will be used to engage with this community, offering users daily insights, crypto signals, and the best-performing meme coin picks. Competitions will also be organized, encouraging people to share their successful trades. The vision is to promote high-octane community interactions and make the robust meme coin economy accessible to as many users as possible.
Already available on presale, Wall Street Pepe has broken records by raising approximately $35 million so far.
Leading YouTuber Cilinix Crypto discussed Wall Street Pepe in his latest video, highlighting the enormous amount it has raised in a very short time.
For more details about the project, visit the official website of WEPE, follow its X handle or join its Telegram channel.
Visit Wall Street Pepe
