ShibaInuETF

Shiba Inu (SHIB), the popular meme cryptocurrency, is generating buzz as discussions about a potential Shiba Inu ETF gain traction. A dramatic 8,457% spike in SHIB’s burn rate and recent developments in the crypto ETF space have added fuel to the speculation.
Shiba Inu’s ETF Potential Highlighted by Marketing Executive
Lucie, a marketing lead for Shiba Inu, recently posted on X, suggesting that SHIB has the qualities to become an exchange-traded fund (ETF). Lucie emphasized SHIB’s availability across over 110 exchanges with 212 trading pairs, calling it a decentralized, community-driven project designed for longevity.
“Because SHIB isn’t just a meme—it’s decentralized, community-driven, and built to last,” she stated, fueling investor optimism about the possibility of SHIB joining Bitcoin and Ethereum in the ETF space.
SHIB is listed on over 110 exchanges with 212 trading pairs—including all the major platforms.It’s basically everywhere: easy to access, easy to trade.Is SHIB good for an ETF?YES.Will boomers invest in a “doggy coin”?Also yes.Because SHIB isn’t just a meme—it’s…— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 23, 2025
ETF Momentum in the Crypto Market
The conversation around a Shiba Inu ETF comes as the cryptocurrency ETF market sees notable developments. Canary Capital recently filed an S-1 form with the SEC seeking approval for a SUI ETF. Additionally, Grayscale’s filing for a Dogecoin ETF and speculation about BlackRock considering a DOGE ETF have created an atmosphere of anticipation.
While SHIB’s path to an ETF remains uncertain, these developments have prompted investors to consider which meme coins could next secure regulatory approval.
Read Also: Dogecoin Charts Point to $0.22 Resistance Amid Rising Trader Optimism
SHIB’s Burn Rate Surges Over 8,000%
As ETF talks gained traction, Shiba Inu’s burn rate saw a staggering 8,457% increase on Monday. More than 1 billion SHIB tokens were permanently removed from circulation within 24 hours, according to tracking sites. This significant reduction in supply could increase demand, potentially driving price gains in the long term.
After the latest burn, SHIB’s circulating supply stands at approximately 584.35 trillion tokens. Burn mechanisms like this reduce token availability, aligning with the basic economic principle of supply and demand.
Price Movement and Market Interest
Despite the impressive burn rate and growing ETF buzz, SHIB’s price movement has remained modest. The token saw only a 1% increase, reaching $0.00001303 at the time of writing. Over the past 24 hours, the price ranged between $0.0000128 and $0.00001309, showing limited volatility.
However, market interest in SHIB derivatives is rising. Open interest in Shiba Inu futures increased by 3.5% to $120 million, while trading volume jumped 20% to $70 million, according to Coinglass.
Challenges Ahead for a Shiba Inu ETF
While a Shiba Inu ETF could boost the token’s appeal, regulatory approval may face significant hurdles. The SEC recently approved Bitcoin and Ethereum ETFs after years of applications, indicating that meme coins like SHIB could have a long road to similar recognition.
For now, investors remain focused on SHIB’s burn mechanism, market positioning, and potential ETF prospects as key factors shaping its future.
The post appeared first on CryptosNewss.com
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Shiba Inu Whales Make 2.79 Trillion SHIB Move: What's Next for Price?
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a comeback in whale activity, with large transaction volumes surging 41.39% in the last 24 hours, according to data from IntoTheBlock.
This spike represents a total of 2.79 trillion SHIB, or $76.48 million in monetary terms, signaling renewed interest from large holders after days of declining activity.
Large transactions are defined as transfers exceeding $100,000, often related to institutional players or large holders, or “whales.”
The current increase might suggest that these large holders might be reentering the market, potentially gearing up for significant moves in SHIB’s price.
Shiba Inu has recently had lackluster performance, with falling large transaction volumes and a dip in overall trading activity.
In the last 24 hours, Shiba Inu's trading volume was down 18.25% to $679.45 million, per CoinMarketCap data.
According to IntoTheBlock, Shiba Inu's large transaction volume has declined since Dec. 10, from 18.85 trillion SHIB to 1.9 trillion SHIB on Dec. 13.
The recent 41% surge in whale transactions might indicate a possible shift in sentiment; whales may be accumulating SHIB at a discount as the crypto market faces profit-taking.
Crypto-tracked futures saw nearly $252 million in liquidations over the last 24 hours as the market sell-off accelerated in the early Sunday trading session.
The majority of cryptocurrency assets, including SHIB, traded in the red. Will prices follow? At the time of writing, SHIB was down 3.49% in the last 24 hours to $0.00002736 and down 14% weekly.
A break above critical resistance levels could spark a rally, but for now, SHIB’s price remains steady. Shiba Inu encountered resistance near the $0.00003 level on Dec. 12 and will mark three out of four days in red if today ends in losses.
However, a clear breach above the $0.00003 barrier could boost SHIB's price above $0.000033. SHIB might rise to $0.000039, then to $0.000046. If Shiba Inu falls below the 50-day SMA of $0.0000246, the bears might get an advantage.
The RSI is at the midpoint, indicating that SHIB prices might trade in a range in the coming days.
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Why Shiba Inu Is About to See a Powerful 150% Rally to $0.000074, According to One Analyst
While Shiba Inu is experiencing a 10% decline today, a bold analyst has argued that SHIB could double to near its all-time high soon.
Amid the ongoing market downturn, bullish outlooks continue to flood the space as proponents expect the market momentum to continue well into 2025.
In the latest instance, one analyst has suggested that Shiba Inu (SHIB) could be on the brink of a powerful rally.
Shiba Inu Price at a Key Level
According to market analyst “PouyanTradeFX,” the price of Shiba Inu (SHIB) is at a critical level.
In an analysis shared on TradingView on Thursday, PouyanTradeFX opined that SHIB is testing a trendline that has hounded it since 2021.
Per a weekly candle chart shared by the analyst, the meme coin first entered this downtrend after it hit its all-time high of $0.00008616 in October 2021 and first revisited it in March 2024 when it surged to a high of $0.00004567.
According to PouyanTradeFX, SHIB could surge over 150% from current prices around $0.00002795 to highs around $0.000074 if it manages to break this years-long downtrend.
On the other hand, the analyst noted that the token risked a 62% free fall to $0.000011 should the trendline hold.
PouyanTradeFX is one of many analysts who have shared a bullish outlook on SHIB in the past few days.
SHIB Price Set to Erase Another Zero?
On Tuesday, December 11, “Crypto ELITES” shared an analysis suggesting that SHIB’s price could be set to erase another zero.
Specifically, the analyst contended that the token’s price looked set to surge nearly 1,700% from current prices to about $0.00047905, citing a cup and handle chart pattern on the asset’s weekly chart.
The analyst noted a key metric that could support this rally is a continued decline in Bitcoin Dominance, signaling a rotation of capital from the digital asset market leader to altcoins and memes.
Bitcoin Dominance has fallen sharply from highs of 61.5% in November to 56.5% at the time of writing.
The recent bullish views around SHIB come despite its 200% price gain over the past year.
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