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Shiba Inu ($SHIB) Crypto Forecast: Up 5.5% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is Shiba Inu?

SHIB, known as Shiba Inu, is a meme cryptocurrency token inspired by the Shiba Inu dog breed, gaining attention for its community-driven approach and popularity.

Why is Shiba Inu going up?

SHIB crypto is up 5.5% on Nov 5, 2025 20:02

  • SHIB showed significant bullish movement today despite the prevailing bearish sentiment in the meme coin space.
  • The burning of around 8 million Shiba Inu tokens linked to the launch of a Shiba Inu ETF could be a factor in increasing scarcity and reinvigorating interest in the token, leading to a price increase.
  • While other meme coins like Dogecoin and Pepe experienced losses and potential support level breaches, SHIB's distinct market dynamics and recent advancements contributed to its positive price trajectory.
  • The emerging breakout pattern in the BONK chart indicates a different performance compared to DOGE and SHIB, suggesting that market participants are actively exploring opportunities in various meme tokens.

SHIB Price Chart

SHIB Technical Analysis

SHIB News

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe tank as whale interest fades

Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are at bearish crossroads, facing further losses. Both on-chain and derivatives data suggest that large wallet investors and retailers are reducing their risk exposure, boosting the supply pressure.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-shiba-inu-and-pepe-tank-as-whale-interest-fades-202511030535

0 News Article Image Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe tank as whale interest fades

Nearly 8 Million Shiba Inu Vanish After First SHIB ETF Filing Shakes Market

Nearly 8 million Shiba Inu ( CRYPTO: SHIB ) tokens have been incinerated following the inaugural filing of a Shiba Inu ETF, rekindling interest in the popular meme token.

https://www.benzinga.com/crypto/cryptocurrency/25/11/48581092/nearly-8-million-shiba-inu-vanish-after-first-shib-etf-filing-shakes-market

1 News Article Image Nearly 8 Million Shiba Inu Vanish After First SHIB ETF Filing Shakes Market

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe risk breaking monthly support levels

Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) record significant losses in the ongoing broader cryptocurrency market sell-off. DOGE, SHIB, and PEPE test their crucial support levels, risking further losses if broader market sentiment declines.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-shiba-inu-and-pepe-risk-breaking-monthly-support-levels-202510310517

2 News Article Image Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe risk breaking monthly support levels

DOGE And SHIB Are Done - This BONK Chart Shows 108% Upside

Bonk ( CRYPTO: BONK ) trades near $0.0000134 after defending critical support, with charts signaling a potential breakout setup forming. While Dogecoin ( CRYPTO: DOGE ) and Shiba Inu ( CRYPTO: SHIB ) remain range-bound after weeks of fading momentum, BONK's setup stands out as the one still ...

https://www.benzinga.com/crypto/cryptocurrency/25/10/48535607/doge-and-shib-are-done-this-bonk-chart-shows-108-upside

3 News Article Image DOGE And SHIB Are Done - This BONK Chart Shows 108% Upside

Shiba Inu Price History

03.10.2025 - SHIB Crypto was down 5.2%

  • Nearly 8 million Shiba Inu tokens were incinerated after the filing of a Shiba Inu ETF, prompting concerns and uncertainty among investors that may have contributed to a bearish movement.
  • The crypto market sell-off, affecting meme coins like SHIB and testing important support levels, has added to negative sentiment and supported the downward trend.
  • Technical patterns suggest potential bearish continuations and a 25% crash for SHIB and Dogecoin, intensifying selling pressure and reinforcing the downward trajectory.
  • Despite a high burn rate for SHIB and a general crypto market rally, the prevalent negative sentiment towards meme coins like Shiba Inu and Dogecoin has outweighed any positive developments, driving the bearish movement.

03.10.2025 - SHIB Crypto was down 5.5%

  • Today's bearish movement in SHIB is influenced by several factors:
  • Reduction of risk exposure by large wallet investors and retailers, resulting in supply pressure on the token.
  • A burn of nearly 8 million SHIB tokens following the announcement of a Shiba Inu ETF, possibly contributing to market uncertainty and volatility.
  • Meme coins like SHIB, Dogecoin, and Pepe experiencing notable losses amidst a broader cryptocurrency market decline, indicating a negative sentiment trend.
  • Technical analysis suggesting bearish continuation setups and the potential for a deeper pullback, advising caution for SHIB holders.

27.09.2025 - SHIB Crypto was up 5.2%

  • Despite the overall bearish sentiment in the broader cryptocurrency market, Shiba Inu (SHIB) managed to buck the trend and experience a strong bullish movement.
  • The explosive burn rate of Shiba Inu (SHIB) at 2,300% could have sparked renewed interest and investment in the token, driving up its price.
  • While other meme coins like Dogecoin (DOGE) faced challenges and declines, Shiba Inu's unique developments and positive momentum set it apart and led to its bullish movement.
  • Technical signals indicating a rebound for meme coins, including Shiba Inu (SHIB), might have also contributed to the token's bullish performance amidst a sea of red in the market.

27.09.2025 - SHIB Crypto was up 5.1%

  • Today, SHIB saw a significant increase in its price amid a broader recovery in the market.
  • The rise in SHIB's value may be linked to a higher burn rate, hinting at increased token utility and potential scarcity.
  • Despite the recent downward mood in the overall cryptocurrency market, SHIB's unique developments and burn rate surge have drawn interest from individual investors, fueling its upward trajectory.
  • The positive price movement of SHIB stands in contrast to the challenges faced by other meme coins like Dogecoin, underscoring the influence of specific token-related factors on market movements.

22.09.2025 - SHIB Crypto was down 5.2%

  • Meme coins like DOGE and PEPE, including SHIB, are experiencing a bearish trend due to the negative shift in overall cryptocurrency market sentiment.
  • Technical indicators suggest a potential recovery for meme coins, but prevailing market conditions are leading to price decreases.
  • The decline in SHIB, marked by a 7% drop and a possibility of further 30% decrease, is influenced by weakening support levels and increased market volatility.
  • Ongoing caution among large holders and investors' sentiment are contributing to continued losses in SHIB and DOGE, emphasizing the speculative nature of meme coins within the crypto market.

17.09.2025 - SHIB Crypto was down 9.6%

  • Today, SHIB faced significant downward movement alongside a general dip in the cryptocurrency market.
  • The decline in SHIB's value could be linked to the bearish outlook highlighted elsewhere, suggesting potentially larger corrections for meme coins such as SHIB.
  • Despite initial stability and positive movements earlier in the week, persistent selling pressure and decreasing market confidence ultimately drove SHIB's decline.
  • Friday's market downturn, impacting meme coins like SHIB, and the renewed interest from retail investors may have influenced the fluctuations in SHIB's price today.

17.09.2025 - SHIB Crypto was down 7.5%

  • SHIB observed a 7% drop, extending a monthly decline exceeding 26%, indicating a bearish trend.
  • Technical indicators point towards a potential additional 30% drop unless there is a swift recovery by buyers, showcasing the volatility and uncertainties surrounding meme coins like SHIB.
  • The declining overall cryptocurrency market has placed meme coins such as SHIB, Dogecoin, and Pepe at risk of more significant corrections, with critical support levels emerging as key levels to monitor.
  • Despite a positive beginning to the week and an upsurge in retail interest, the lasting impact of Friday's market downturn and the prevailing selling pressure in the market have both played a role in SHIB's bearish movement today.

14.09.2025 - SHIB Crypto was down 5.5%

  • SHIB experienced a strong bearish movement today amidst renewed selling pressure in the broader cryptocurrency market.
  • Despite recent positive indicators and consolidation, SHIB faced challenges as it approached a key support level, leading to the bearish trend.
  • The market sentiment towards meme coins like SHIB and Dogecoin (DOGE) shifted as traders positioned themselves for potential breakouts in other tokens like BONK, diverting attention and investment away from SHIB.
  • The overall market dynamics and the emergence of new meme tokens like BONK may have contributed to SHIB's bearish movement today, as investors seek opportunities in alternative assets with higher growth potential.

31.09.2025 - SHIB Crypto was up 5.1%

  • SHIB demonstrated significant bullish momentum today amid the broader cryptocurrency market recovery.
  • The rise in SHIB's price may be linked to the growing retail interest in meme coins like Shiba Inu.
  • The bullish movement could also be influenced by the increasing burn rate of SHIB, signaling a decrease in its circulating supply and potentially boosting its value.
  • Despite concerns about bearish trends and risks, SHIB defied expectations and surged, displaying resilience in uncertain market conditions.

30.09.2025 - SHIB Crypto was down 5.0%

  • Today, SHIB faced a significant bearish movement, possibly caused by:
  • Bearish continuation signals and breaching critical Fibonacci levels, suggesting a deeper retreat.
  • Despite a general crypto market surge, SHIB and DOGE struggled to maintain their positions.
  • The elevated burn rate of SHIB might have intensified selling pressure, fostering a negative market sentiment.
  • Concerns over a potential 25% decline overshadowed the recovery of meme coins like SHIB and DOGE, prompting traders to take profits.

30.09.2025 - SHIB Crypto was down 8.2%

  • SHIB and DOGE are displaying bearish patterns, indicating a potential market correction and a 25% crash looming.
  • Despite the bearish sentiment, SHIB's burn rate has surged significantly, showcasing high volatility in the market.
  • The broader crypto market rally has not been able to lift SHIB and DOGE out of their bearish movements, leaving traders vulnerable to deeper pullbacks.
  • While meme coins like SHIB and DOGE are struggling, other cryptocurrencies like BONK are showing potential breakout setups, hinting at shifting investor interest within the market.

05.10.2025 - SHIB Crypto was up 5.5%

  • SHIB showed significant bullish movement today despite the prevailing bearish sentiment in the meme coin space.
  • The burning of around 8 million Shiba Inu tokens linked to the launch of a Shiba Inu ETF could be a factor in increasing scarcity and reinvigorating interest in the token, leading to a price increase.
  • While other meme coins like Dogecoin and Pepe experienced losses and potential support level breaches, SHIB's distinct market dynamics and recent advancements contributed to its positive price trajectory.
  • The emerging breakout pattern in the BONK chart indicates a different performance compared to DOGE and SHIB, suggesting that market participants are actively exploring opportunities in various meme tokens.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.