Shiba Inu ($SHIB) Crypto Forecast: Down 5.2% Today

What is Shiba Inu?

Shiba Inu (SHIB) is a meme cryptocurrency token that rose to fame as an alternative to Dogecoin. The overall cryptocurrency market has displayed notable resilience recently.

Why is Shiba Inu going down?

SHIB crypto is down 5.2% on Jul 4, 2025 8:16

• Despite the general market positivity, SHIB witnessed a notable downward trend.
• Recent developments hint at a potential shift in SHIB's downtrend towards an upward trajectory.
• Market sentiment could have been influenced by Shiba Inu developers' focus on real revenue generation within the crypto space.
• Conflicting viewpoints on meme coins approaching critical junctures point to market uncertainty and possible volatility, factors contributing to SHIB's current downward movement.

SHIB Price Chart

SHIB Technical Analysis

SHIB News

Top Meme Coins Price Prediction: DOGE, SHIB, PEPE at key resistances, eye breakout gains

Meme coins are finding tailwinds supporting their sudden recovery as the broader market gains strength. Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), the top three meme coins by market capitalization, are near key resistance levels on their daily chart.

https://www.fxstreet.com/cryptocurrencies/news/top-meme-coins-price-prediction-doge-shib-pepe-at-key-resistances-eye-breakout-gains-202507030515

Shiba Inu Jumps 5% In A Single Day: Is A Bigger Rally Coming?

Shiba Inu developer stresses importance of real revenue generation in crypto. Traders say SHIB has broken its downtrend and may be gearing up for a strong move higher. Get ahead of Wall Street reactions-Benzinga Pro delivers signals, squawk, and news fast. Now 60% off this 4th of July.

https://www.benzinga.com/crypto/cryptocurrency/25/07/46246690/shiba-inu-jumps-5-in-a-single-day-is-a-bigger-rally-coming

Dogecoin Up 8%, But These Two Dog-Themed Coins Are Leading The Advance Early Thursday Morning - Grayscale Bitcoin Mini Trust ( BTC ) Common units of fractional undivided beneficial interest ( ARCA:BTC )

Memecoins are leading cryptocurrency gains early Thursday morning, after Bitcoin BTC/USD nearly topped $110,000. What happened: Solana SOL/USD-based Bonk rallied over 21% to become the market's most profitable cryptocurrency in the last 24 hours.

https://www.benzinga.com/crypto/25/07/46240571/dogecoin-up-8-but-these-two-dog-themed-coins-are-leading-the-advance-early-thursday-morning

Changpeng Zhao Drops $10 Million In BNB On Vitalik Buterin's Biotech Charity, Gets Thanked For Keeping Humanity Safe From Airborne Diseases

Changpeng Zhao, the founder of cryptocurrency exchange Binance BNB/USD, said Tuesday that he made a personal donation of $10 million to support Ethereum ETH/USD co-founder Vitalik Buterin's biotech initiative.

https://www.benzinga.com/crypto/cryptocurrency/25/07/46212489/changpeng-zhao-drops-10-million-in-bnb-on-vitalik-buterins-biotech-charity-gets-thanked-for

Meme Coins Price Predictions: DOGE, SHIB, PEPE hit crucial crossroads, eye further gains

Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), performed remarkably well last week, with a swift recovery reaching a high point on Sunday.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-predictions-doge-shib-pepe-hit-crucial-crossroads-eye-further-gains-202506300518

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Cardano ($ADA) Crypto Forecast: Down 5.1% Today

Shiba Inu Price History

24.05.2025 - SHIB Crypto was up 5.9%

• SHIB experienced a notable bullish trend following the announcement of a ceasefire between Iran and Israel, in line with the overall recovery observed in meme coins like DOGE and PEPE.
• The surge in meme coin prices, including SHIB, was triggered by positive market sentiment influenced by recent geopolitical events, highlighting the impact of external factors on cryptocurrency values.
• Despite a decline in prices and holders selling off tokens amidst geopolitical uncertainties, SHIB is approaching a crucial support level, potentially poised for a comeback supported by strong fundamentals and ongoing Shibarium development.
• Traders are advised to carefully assess the market's volatility and the possibility of further price swings before making investment choices regarding SHIB.

24.05.2025 - SHIB Crypto was up 8.6%

• SHIB showed a notable uptrend today amid a market recovery linked to recent geopolitical developments.
• Despite some recent setbacks and decreased interest in meme tokens, SHIB is approaching a critical support level, primed for potential growth driven by strong fundamentals and Shibarium project advancements.
• While other meme coins like Dogecoin and Pepe faced losses due to market sentiment, SHIB remained bullish.
• Despite the volatile nature of meme coins' market sentiment, SHIB could present trading opportunities for those anticipating its future price actions.

13.05.2025 - SHIB Crypto was down 9.6%

• SHIB's drop is linked to a general crypto market decline influenced by geopolitical tensions.
• Despite increased on-chain activity and a sharp rise in token burn rate, SHIB struggled against market selling pressure.
• Whale selling and diminishing profit supply also added to SHIB's price decline, hinting at a possible correction ahead.
• Although the launch of Binance in a Middle Eastern country holds significance for crypto, it did not directly impact SHIB's bearish movement today.

23.05.2025 - SHIB Crypto was up 5.1%

• SHIB experienced a strong bullish movement despite the overall bearish sentiment in the meme coin market.
• The on-chain data indicating holders offloading tokens due to geopolitical tensions did not seem to impact SHIB's price movement significantly.
• The nearness to a key support level and positive sentiment around Shibarium development might have contributed to the bullish movement.
• Despite the broader market weakness affecting meme coins like Dogecoin, SHIB's burn rate spike and positive positioning hint at a potential rebound, showcasing resilience in the face of market challenges.

02.06.2025 - SHIB Crypto was up 5.0%

• SHIB saw a strong bullish movement, likely influenced by positive sentiment towards meme coins.
• A significant donation to a biotech charity may have contributed to a favorable outlook on cryptocurrencies, including SHIB.
• Meme coins like SHIB, DOGE, and PEPE at critical junctures and aiming for further growth could have boosted SHIB's bullish momentum.
• Analysts forecasting a productive month called 'Jackpot July' for meme coins, including SHIB, might have increased investor confidence and supported the positive trend.

04.06.2025 - SHIB Crypto was down 5.2%

• Despite the general market positivity, SHIB witnessed a notable downward trend.
• Recent developments hint at a potential shift in SHIB's downtrend towards an upward trajectory.
• Market sentiment could have been influenced by Shiba Inu developers' focus on real revenue generation within the crypto space.
• Conflicting viewpoints on meme coins approaching critical junctures point to market uncertainty and possible volatility, factors contributing to SHIB's current downward movement.

12.05.2025 - SHIB Crypto was down 5.9%

• The bearish movement in SHIB today can be attributed to a combination of factors:
• Despite strong fundamentals like a significant token burn and increased on-chain activity, the overall weakness in the crypto market has impacted SHIB's price negatively.
• The surge in whale transactions and updates in the Shibarium ecosystem could not offset the selling pressure from large investors trimming their holdings, leading to a correction in SHIB's price.
• The news of Fartcoin surging and outperforming meme coins like Dogecoin and Shiba Inu may have diverted some attention and investment away from SHIB, contributing to its bearish movement.

12.05.2025 - SHIB Crypto was down 5.4%

• The bearish movement in SHIB today can be attributed to:
• Large investors trimming their SHIB holdings, leading to selling pressure and a potential steeper correction.
• A decrease in the supply of SHIB held in profit, indicating a possible shift in sentiment towards profit-taking.
• The overall market sentiment towards meme coins like SHIB might have been impacted by the surge in Fartcoin's price and the positive price predictions for other meme coins like Dogecoin and Pepe.
• Despite the recent rally in meme coins earlier in the week, the correction in SHIB today could be a result of profit-taking and a cautious approach by investors in the volatile cryptocurrency market.

12.05.2025 - SHIB Crypto was down 7.0%

• The surge in Shiba Inu's burn rate by over 112,000% in one day could have initially fueled excitement and optimism among investors, leading to a bullish sentiment.
• However, the correction and bearish movement observed could be attributed to the whale sell-off and falling supply in profit, indicating a shift in sentiment towards profit-taking and potential market manipulation.
• The overall market movement of Shiba Inu today might have been influenced by a combination of profit-taking by large investors, technical resistance at the 50-day EMA, and a general correction in the meme coin sector.
• While the long-term bullish momentum supported by whale transactions and ecosystem updates remains a positive factor, short-term price fluctuations driven by market dynamics and investor behavior can lead to sudden bearish movements like the one experienced today.

21.05.2025 - SHIB Crypto was down 5.5%

• SHIB's price drop is linked to holders selling off tokens, potentially due to escalating geopolitical tensions between Iran and Israel, resulting in decreased demand.
• Despite approaching a significant support level, overall sentiment remains negative as meme coins like SHIB have been sustaining losses in recent weeks.
• SHIB's market performance may be influenced by the broader recovery in the crypto market, with meme coins such as DOGE and PEPE also undergoing fluctuations.
• The advancement of Shibarium and robust fundamentals offer long-term positivity for SHIB, yet short-term instability and market dynamics are impacting its ongoing bearish trend.

17.05.2025 - SHIB Crypto was down 5.1%

• Today, SHIB witnessed a decline in value.
• Despite a 725% increase in SHIB's burn rate and heightened whale activity, the token faced a decrease in value.
• The market's instability, exacerbated by geopolitical tensions in the Middle East, influenced the sell-off of meme coins like SHIB.
• Despite SHIB's robust fundamentals with significant token burn and active on-chain transactions, external factors and market sentiment significantly contributed to today's downward movement.

03.06.2025 - SHIB Crypto was up 6.3%

• SHIB demonstrated a notable upward trend today, likely buoyed by the prevailing positive outlook in the broader cryptocurrency landscape.
• The remarkable increase in the value of meme tokens, such as SHIB, Dogecoin, and Pepe, reflects a surge in interest towards these unconventional digital assets.
• Encouraging developments, like generous contributions from prominent figures and optimistic price projections for meme coins, may have played a role in propelling SHIB's bullish trajectory.
• The market's increasing attention on meme coins and their potential for substantial growth suggests that investors are expanding their investment portfolios and chasing greater returns within the realm of digital currencies.