This wind has been blowing for several months now.

Shiba Inu 'Whale' Shocking Operation! Rakes in 220 Billion Tokens, Is SHIB Still Far from 1 Dollar?

In 2025, Bitcoin is gaining momentum, but this bullish wave is not only sweeping through native cryptocurrencies; altcoins are also making efforts to catch up. Among them, Shiba Inu coin continues to shine, while XRP and Dogecoin are also attracting attention due to optimistic price expectations for the coming year.

Following this purchasing operation, the price of Shiba Inu (SHIB) skyrocketed to $0.000024, with a 14% increase over the past three days. This surge aligns with the generally positive atmosphere in the cryptocurrency market, as speculation grows about the new U.S. government's ability to create a more friendly regulatory environment.

The token has long found support along an upward trend line and has recently rebounded strongly from the 200-day moving average. Now, the resistance level of $0.000024 is being tested, and analysts estimate that it could climb towards the December high of $0.000033.

The recent rise of Shiba Inu (SHIB) is also attributed to improvements in its fundamentals. The token supply situation has changed, with an increase in the stock-to-flow ratio, indicating heightened scarcity.

Moreover, its ecosystem, like the second-layer scaling solution Shibarium, has seen continuous growth in adoption, enriching its application scenarios.

Compared to leading cryptocurrencies like Ethereum, the large supply of Shiba Inu tokens and its weaker utility remain prominent issues. Additionally, if SHIB were to rise to $1, its market cap would far exceed the current $14 billion, which poses a significant challenge.

In our view, the current target of $1 is indeed somewhat ambitious, but as the bull market continues, reaching the high point of 2021 may still be achievable. SHIB's advantages lie in the construction of its community and ecosystem.
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