Will the Price of Shiba Inu (SHIB) Increase?
Introduction
Shiba Inu (SHIB) is one of the most famous meme coins and is known as the “Dogecoin killer”. With market fluctuations and technological innovation, the future trend of SHIB is full of variables. This article will introduce you to what Shiba Inu (SHIB) is and the layout of its eco, and analyze whether the price of the token can rise in 2025.
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What is Shiba Inu?
Shiba Inu (SHIB) is a cryptocurrency based on the Ethereum blockchain, created in August 2020 by an anonymous developer named Ryoshi. The motivation for creating Shiba Inu (SHIB) came from a question - “What would happen if a cryptocurrency project was 100% managed by its community?” Ryoshi defined SHIB as “a decentralized, community-run experiment”.
As a meme coin, Shiba Inu is based on the image of the Japanese Shiba Inu. Due to the active performance of the project team on social media and various marketing strategies, Shiba Inu coin quickly caused a sensation in the cryptocurrency market after its launch, and was even dubbed the “Dogecoin Killer”.
The initial supply of SHIB is 1 quadrillion. When it was first issued, Ryoshi locked 50% of the total supply in Uniswap, and the other 50% was sent to the wallet of Ethereum founder Vitalik Buterin. In May 2021, Vitalik Buterin donated SHIB worth about $1 billion to India’s new crown relief fund and destroyed the remaining 90% of SHIB. Vitalik Buterin’s move not only improved the reputation of Shiba Inu, but also increased the scarcity of the token by reducing the circulating supply of tokens.
Shiba Inu is unique in its community-driven nature. The project’s white paper emphasizes the importance of decentralization, claiming that through collective decentralization, a more powerful can be built than a centralized team. This philosophy has attracted a large number of followers, forming the so-called “ShibArmy”, which has promoted the rapid development and market recognition of the project.
Shiba Inu’s Eco - SHIB, LEASH, BONE
The Shiba Inu eco not only has SHIB tokens, but also two other tokens: LEASH and BONE. LEASH was originally designed to be pegged to the price of Dogecoin, but later this link was removed, becoming the token with the smallest supply in the eco. BONE, as a governance token, allows holders to participate in the decision-making process of Shiba Inu DAO.
SHIB, the base currency of the Shiba Inu eco, has an initial circulation supply of 1 trillion.
LEASH, the second token of the Shiba Inu eco, has a total supply of 107,646. The price of LEASH is controlled by an algorithm that constantly adjusts its supply, which ensures that its price is always 1,000 times higher than that of Dogecoin (DOGE).
BONE, the latest token of the Shiba Inu eco. The total supply is 250,000,000. BONE allows holders to participate in the decision-making process of the Shiba Inu DAO.
The Shiba Inu eco also has a token burning mechanism, which aims to reduce the circulating supply over time, theoretically increasing the value of the remaining tokens. In August 2023, Shiba Inu launched Shibarium, a second-layer expansion solution based on Ethereum, so that each contract transaction on the Shiba Inu network will burn a certain number of SHIB tokens, further promoting the deflation mechanism.
Will the price of Shiba Inu coins rise?
In May 2021, Vitalik Buterin donated $1 billion worth of SHIB to the Indian COVID-19 Relief Fund, making Shiba Inu a hot topic. In October of the same year, SHIB price hit an all-time high of $0.000086, with a market value of more than $28 billion at one point, surpassing Dogecoin to become the largest meme coin and among the top 10 cryptocurrencies in the world. But then SHIB experienced a downward trend for more than a year. Throughout 2023, SHIB price fluctuated in the range of $0.000006-0.000015. After entering 2024, as the overall cryptocurrency market rebounded, SHIB price rebounded.
As of February 11, 2025, SHIB price was $0.00001632, market value was $9,583,557,939, and trading volume in the past 24 hours was $203,864,791, down 19.10% from a day ago, indicating a recent decline in market activity. However, based on the continued development of the Shiba Inu eco and the operation of Shibarium (Layer-2 expansion solution), according to multiple forecast models and expert analysis, the price of SHIB is expected to fluctuate between $0.0000105 and $0.0000125 in 2025. In the long term, some optimistic forecasts believe that the price of SHIB may reach around $0.001 by 2030.
It should be noted that the high volatility of the cryptocurrency market means that these forecasts should be treated with caution. There are many factors that affect the future trend of Shiba Inu, including overall market sentiment, changes in the regulatory environment, and technological innovation.
What are the recent developments of Shiba Inu?
In November 2024, Shytoshi Kusama, the chief developer of SHIB, released the S.H.I.B. (Blockchain Innovation Strategic Center) proposal, which proposes to establish an innovation and blockchain strategic center in a city in the United States, turning it (and the entire United States) into a global center for blockchain technology and sustainable development.
In January 2025, Shiba Inu Inc. officially announced the launch of its eco token TREAT. According to Shiba Inu’s official website, the token plays a key role in the Shiba Inu eco and is the “utility and governance token” of its new privacy-focused Layer3 blockchain, designed to unlock advanced features of the network state operating .
In February 2025, Shiba Inu announced a partnership with the UAE Ministry of Energy and Infrastructure (MoEI), and MoEI will adopt the ShibOS based on the Shibarium second-layer network to optimize government operations, enhance transparency and security.
Conclusion
Shiba Inu has rapidly developed from a meme coin to an important participant in the DeFi eco, demonstrating the infinite possibilities of the cryptocurrency market. Its unique token economics, community-driven characteristics, and expanding functionality provide potential opportunities for investors. However, high volatility and market uncertainty remind investors to act with caution and conduct adequate research.
Risk warning: Changes in regulatory policies in the cryptocurrency market may affect the development prospects of Shiba Inu, and investors should be wary of potential regulatory risks.
