Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Shiba Inu Price Forecast: SHIB Surpasses Bitcoin with Significant Burn Rate – Is $1 SHIB Possible?
Increasing deflationary pressures have amplified recent SHIB gains, enabling it to surpass Bitcoin and shaping the end-of-cycle price expectations for Shiba Inu.
Last week, over 1 billion SHIB tokens were incinerated in a remarkable 2,080% increase as retail liquidity returns to meme coins. This revitalized momentum has resulted in a 20% monthly increase for SHIB, outpacing BTC’s 13% rise.
HOURLY SHIB UPDATE$SHIB Price: $0.0000139 (1hr 1.33% ▲ | 24hr 4.95% ▲ )
Market Cap: $8,195,217,511 (4.98% ▲)
Total Supply: 589,248,702,100,016
TOKENS BURNT
Past hour: 57,907 (2 transactions)
Past 24Hrs: 4,698,689 (-69.11% ▼)
Past 7 Days: 1,063,058,297 (2080.85% ▲)— Shibburn (@shibburn) July 14, 2025
Geopolitical and macroeconomic uncertainties are no longer obscuring the narrative, as significant regulatory progress fosters new optimism and a renewed risk-on attitude.
Markets are currently anticipating “Crypto Week,” a pivotal regulatory event, as the CLARITY Act market structure bill, GENIUS Act stablecoin bill, and Anti-CBDC Surveillance State Act are presented to the U.S. House.
Shiba Inu Price Analysis: Is the Stage Set for $1
While the prospect of a $1 Shiba Inu price remains speculative, the token’s increasingly positive fundamentals strengthen the long-term argument.
The recent introduction of DegenSafe, SHIB’s answer to Solana’s meme coin launchpads, along with ongoing token burns, could elevate prices through enhanced adoption and scarcity.
Even without these factors fully accounted for, the technical configuration still indicates upward movement, supported by a developing six-month double bottom pattern.
SHIB / USDT 1-week chart, double bottom pattern. Source: TradingView, Binance.
Since its second bottom in mid-June, the Shiba Inu price has steadily advanced toward a breakout above the neckline at $0.0000177.
Momentum indicators continue to endorse this movement. The RSI has recovered from oversold levels in the 30s, moving toward neutral as buying pressure resurfaces.
Additionally, the MACD line is expanding its distance from the signal line following a brief death cross, indicating underlying strength and a potential long-term uptrend.
Related Posts
If the double bottom pattern materializes, SHIB could experience a 93% increase, targeting a higher resistance area that dates back to early January at $0.000025.
However, its full potential is contingent upon a successful breakout above its neckline.
Nonetheless, that movement relies on a clear break above the neckline. Until that occurs, $0.000012 remains a crucial support level to monitor. A drop below this level risks a third bottom at $0.00001, which would invalidate the setup.
SHIB Might Not Be The Best Meme Coin Narrative to Follow
In reality, SHIB has been somewhat sidelined for months as traders pursued newer narratives. In the speculative meme coin arena, attention serves as the catalyst for price fluctuations.
Few are positioned to benefit from this momentum as much as “mission coins,” the purest iteration of meme coins, driven solely by a dedicated community.
We are at a pivot point.
Dozens more launchpads will come.
Millions of gamble coins will come and go.
But only a handful of MISSION COINS will WIN. pic.twitter.com/rxsVfeux8A— Murad
(@MustStopMurad) July 8, 2025
Token6900 ($T6900) represents the latest development in this narrative: no promises, no utility—you are the utility. It offers nothing, yet embodies everything you seek.
Token6900 serves as an escape from the challenges of a late-internet capitalist dystopia, harkening back to simpler times. It envisions a reality where money is no longer dominated by large institutions.
Instead, the general populace can now create their own currency, inspired by 2000s nostalgia and driven solely by a desire to break free from the cycle of financial despair: the 9-to-5 grind.
TOKEN6900 Presale website.
The community is already expanding rapidly, having raised nearly $550,000 in the initial weeks of presale, as its earliest supporters benefit from a high APY on staking, currently at 104%.
You can connect with Token6900 on X, Instagram, or participate in the presale on the Token6900 website.
The post Shiba Inu Price Prediction: SHIB Outperforms Bitcoin With Explosive Burn Rate – $1 SHIB Next? appeared first on Cryptonews.
