Shiba Inu ($SHIB) Crypto Forecast: Up 7.1% Today

What is Shiba Inu?

Shiba Inu (SHIB) is a meme-based cryptocurrency token that has gained popularity for its community-driven approach and affordable price. The cryptocurrency market, including meme coins like SHIB, has been volatile recently.

Why is Shiba Inu going up?

SHIB crypto is up 7.1% on Dec 2, 2025 18:21

• SHIB saw a significant price increase today despite the overall negative market trend in the cryptocurrency space.
• The notable surge in Shiba Inu's burn rate, rising by 1,800%, is believed to have influenced the price growth, attracting investors interested in long-term potential.
• Despite the prevailing pessimism affecting meme coins, positive developments in SHIB's ecosystem and the growing interest in burning tokens have boosted its price.
• Dogecoin's accumulation zone entry, along with Pepe and Shiba Inu's extended losses, suggest a mixed sentiment in the meme coin sector. SHIB's increased burn rate sets it apart with a more positive outlook.

SHIB Price Chart

SHIB Technical Analysis

SHIB News

Dogecoin Enters Accumulation Zone As Shiba Inu Burn Rate Soars 1,800%

Dogecoin ( CRYPTO: DOGE ) and Shiba Inu ( CRYPTO: SHIB ) are seeing encouraging ecosystem developments that support a stronger long-term outlook.

https://www.benzinga.com/crypto/cryptocurrency/25/12/49163281/dogecoin-enters-accumulation-zone-as-shiba-inu-burn-rate-soars-1800

Meme coins Dogecoin, Shiba Inu, and Pepe extend losses amid bearish sentiment

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are facing intense selling pressure as the broader cryptocurrency market sentiment shifts bearish.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-dogecoin-shiba-inu-and-pepe-extend-losses-amid-bearish-sentiment-202512020836

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Shiba Inu Price History

02.11.2025 - SHIB Crypto was up 7.1%

• SHIB saw a significant price increase today despite the overall negative market trend in the cryptocurrency space.
• The notable surge in Shiba Inu's burn rate, rising by 1,800%, is believed to have influenced the price growth, attracting investors interested in long-term potential.
• Despite the prevailing pessimism affecting meme coins, positive developments in SHIB's ecosystem and the growing interest in burning tokens have boosted its price.
• Dogecoin's accumulation zone entry, along with Pepe and Shiba Inu's extended losses, suggest a mixed sentiment in the meme coin sector. SHIB's increased burn rate sets it apart with a more positive outlook.

11.10.2025 - SHIB Crypto was down 5.0%

• The bearish movement in SHIB today may be due to profit-taking by investors following a period of tighter price action.
• The rapid increase in token burns, raising hopes for a potential bull run, possibly contributed to additional selling pressure as traders seized opportunities from the recent price surge.
• The substantial number of SHIB tokens locked in the derivatives market may have heightened volatility and uncertainty, prompting some investors to close their positions.
• Taken together, profit-taking, increased token burns, and derivatives market engagement likely influenced the bearish movement of Shiba Inu today.

25.10.2025 - SHIB Crypto was up 5.4%

• Today's increase in SHIB's value is linked to a rise in burn activity, suggesting a growing level of engagement within the network and favorable updates to the ecosystem.
• The appearance of a bullish divergence in momentum indicators is signaling the early stages of a potential recovery for SHIB.
• The introduction of a SHIB payment card by Bitget may have played a role in lifting investor sentiment and attracting interest to the token, contributing to its upward movement.
• Despite challenges faced by meme coins like DOGE and PEPE amid market weaknesses, SHIB has managed to shine through thanks to positive advancements and unwavering backing from its community, resulting in an uptick in its price.

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.

18.10.2025 - SHIB Crypto was down 5.3%

• SHIB faced renewed selling pressure along with other meme coins like Dogecoin and Pepe, indicating a broader sentiment of bearishness in the market.
• The tightening price action and the struggle to break above a descending trendline suggest that SHIB was poised for a significant move, leading to today's bearish movement.
• The uncertainty surrounding SHIB's next weekly close and the potential outcomes of a breakdown or a trend reversal likely contributed to the heightened selling pressure and the bearish market movement observed today.

18.10.2025 - SHIB Crypto was up 5.0%

• Despite the overall bearish sentiment in the meme coin market, SHIB experienced a strong bullish movement today.
• The news of a Dogecoin ETF launch in a week and the significant burn rate increase of Shiba Inu could have sparked renewed interest and buying activity in SHIB.
• The fading demand for meme coins and the bearish market sentiment did not seem to deter investors from taking a bullish stance on SHIB, possibly due to the unique catalysts specific to SHIB itself.
• This divergence in SHIB's movement compared to other meme coins suggests that investors are closely monitoring fundamental developments and potential catalysts specific to individual tokens in the market.

14.10.2025 - SHIB Crypto was down 6.1%

• SHIB faced renewed selling pressure along with other meme coins like Dogecoin and Pepe, indicating a bearish sentiment in the cryptocurrency market.
• The token's squeeze and inability to break above a descending trendline on the weekly chart contributed to the bearish movement.
• Despite a surge in token burns and hopes for a bull run restart, SHIB's price was dragged down by the overall market sentiment.
• The locking of a significant amount of SHIB tokens into the derivatives market led to a price surge, but ultimately could not sustain the bullish momentum in the face of broader market trends.

21.10.2025 - SHIB Crypto was down 8.6%

• The decline in SHIB today is linked to the weakness in the meme coin sector, with similar selling pressure observed on other meme coins like Dogecoin and Pepe.
• Despite a notable increase in burn activity for SHIB suggesting growing network engagement, the downward trend was influenced by the overall market weakness.
• Despite positive factors such as a bullish divergence and the introduction of a SHIB payment card, waning retail interest in meme coins and caution among traders have contributed to SHIB's decline.
• The overall sentiment of expecting further losses in meme coins, including SHIB, due to reduced retail demand and a pullback to key support levels, has intensified the bearish movement in the market today.

21.10.2025 - SHIB Crypto was down 5.1%

• The bearish movement of SHIB today can be attributed to the overall negative sentiment in the cryptocurrency market, as indicated by the renewed selling pressure across meme coins like Dogecoin and Pepe.
• Despite the positive news of a surge in burn rate and ecosystem updates, the market seems to be focusing more on the broader bearish sentiment affecting meme coins.
• The bullish divergence and potential rebound indicated in the price forecast might not have been strong enough to counteract the overall market weakness and waning retail demand for meme coins.
• The upcoming launch of a Dogecoin ETF and the high burn rate of Shiba Inu could potentially be positive catalysts for a future upside reversal, but for now, the market seems to be cautious and risk-averse.

02.11.2025 - SHIB Crypto was up 5.9%

• Despite the overall bearish sentiment in the cryptocurrency market, SHIB experienced a strong bullish movement, defying the trend.
• This bullish movement could be attributed to specific positive developments within the SHIB community or increased interest from retail investors.
• While meme coins like DOGE and PEPE faced losses due to the bearish sentiment, SHIB's resilience and bullish movement suggest a unique market dynamic at play for this particular token.

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.