Prev Arrow Cryptocurrencies

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

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Shiba Inu?

Shiba Inu (SHIB) is a popular meme cryptocurrency token known for its community-driven nature and resemblance to Dogecoin. The overall cryptocurrency market has been volatile, with meme coins like SHIB experiencing significant price swings.

Why is Shiba Inu going down?

SHIB crypto is down 5.2% on Sep 15, 2025 16:05

  • A bearish movement in SHIB occurred due to a breach in its Layer-2 network, resulting in the theft of over $1 million worth of Ethereum and SHIB. This security incident is likely to have shaken investor confidence in SHIB.
  • Despite the overall bullish rebound in meme coins, SHIB's price correction was influenced by negative developments related to the hacking incident, contrasting with the positive momentum observed in other meme tokens like Dogecoin and Pepe.
  • An exploit worth $2.4 million on Shibarium, along with a subsequent bounty offered by Shiba Inu's DeFi team, added to the downward pressure on SHIB's price. Concerns over security and vulnerability emerged within the SHIB community in response to these events.

SHIB Price Chart

SHIB Technical Analysis

SHIB News

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe edge down, setting up for the next rally

Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) meme coins experienced a price correction on Monday, following gains of nearly 22%, 10%, and 17%, respectively, in the previous week.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-shiba-inu-and-pepe-edge-down-setting-up-for-the-next-rally-202509150959

0 News Article Image Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe edge down, setting up for the next rally

K9 Finance offers $23K bounty after $2.4M Shibarium exploit

Shiba Inu's DeFi team offers a $23,000 bounty to the Shibarium bridge attacker after a $2.4 million exploit, urging the return of stolen funds.

https://cointelegraph.com/news/k9-finance-23k-bounty-shibarium-bridge-exploit

1 Missing News Article Image K9 Finance offers $23K bounty after $2.4M Shibarium exploit

Meme Coins Price Prediction: Dogecoin confirms uptrend, reviving Shiba Inu, Pepe

Meme coins are on a bullish rebound, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) leading the way. Dogecoin warms up ahead of the DOJE Exchange-Traded Fund (ETF) launch due on Thursday, boosting the investors’ sentiment around meme coins, resulting in a recovery in Shiba Inu and Pepe.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-confirms-uptrend-reviving-shiba-inu-pepe-202509110730

2 News Article Image Meme Coins Price Prediction: Dogecoin confirms uptrend, reviving Shiba Inu, Pepe

Shiba Inu's Layer-2 Network Breached, Over $1 Million Each in Ethereum, SHIB Stolen: How It Was Done

The Shiba Inu SHIB/USD team posted a detailed account of the hacking incident that impacted its ecosystem on Saturday, including details about the assets affected and subsequent actions taken.

https://www.benzinga.com/crypto/cryptocurrency/25/09/47660075/shiba-inus-layer-2-network-breached-over-1-million-each-in-ethereum-shib-stolen-how-it-was-

3 News Article Image Shiba Inu's Layer-2 Network Breached, Over $1 Million Each in Ethereum, SHIB Stolen: How It Was Done

Shiba Inu Price History

08.07.2025 - SHIB Crypto was up 5.1%

  • The announcement of elections to select a new leader for the Shiba Inu ecosystem could have sparked positive sentiment among investors, leading to increased buying activity and driving up the price of SHIB.
  • The celebration of Shiba Inu's 5th birthday, along with the significant burn rate spike of 5,800%, likely created excitement and optimism in the market, attracting more traders and contributing to the bullish momentum.
  • Despite the overall bearish sentiment in the market for meme coins like Dogecoin and Shiba Inu, the unique developments within the Shiba Inu ecosystem seem to have set SHIB apart and fueled its upward movement.

15.08.2025 - SHIB Crypto was down 7.0%

  • Today's bearish movement in SHIB can be linked to a breach in its Layer-2 network, leading to the theft of over $1 million worth of Ethereum and SHIB. This incident likely unsettled investors.
  • Conversely, despite the security breach, the burn rate of SHIB surged by 1,682% in a single day, with 1.2 million SHIB tokens taken out of circulation. This significant increase in burn rate could indicate a potential bullish reversal in the future as ecosystem activity picks up.
  • The overall positive trend in meme coins, including Shiba Inu, driven by Dogecoin's rise and the upcoming DOJE Exchange-Traded Fund (ETF) launch, could have offered some support to SHIB's price following the security breach.

15.08.2025 - SHIB Crypto was down 5.2%

  • A bearish movement in SHIB occurred due to a breach in its Layer-2 network, resulting in the theft of over $1 million worth of Ethereum and SHIB. This security incident is likely to have shaken investor confidence in SHIB.
  • Despite the overall bullish rebound in meme coins, SHIB's price correction was influenced by negative developments related to the hacking incident, contrasting with the positive momentum observed in other meme tokens like Dogecoin and Pepe.
  • An exploit worth $2.4 million on Shibarium, along with a subsequent bounty offered by Shiba Inu's DeFi team, added to the downward pressure on SHIB's price. Concerns over security and vulnerability emerged within the SHIB community in response to these events.

15.08.2025 - SHIB Crypto was down 5.6%

  • The bearish movement in SHIB today could be linked to a recent breach in Shiba Inu's Layer-2 network, resulting in the theft of over $1 million worth of Ethereum and SHIB tokens. This incident likely impacted investor confidence in the project.
  • Furthermore, the sudden 1,682% spike in Shiba Inu's burn rate in a single day, leading to the elimination of 1.2 million SHIB tokens from circulation, may have raised concerns among traders regarding the token's supply dynamics and its potential effect on its value.
  • Despite the generally positive sentiment towards meme coins like Dogecoin and Pepe, the negative developments related to Shiba Inu's security breach and burn rate surge might have outweighed any favorable market trends, contributing to the bearish movement in SHIB today.

11.07.2025 - SHIB Crypto was down 5.2%

  • The surge in large holder netflows for Shiba Inu hinted at a potential whale-driven rally, but the failure to break past key resistance levels led to a deepening correction, contributing to the bearish movement.
  • The announcement of upcoming elections to choose a new leader for Shiba Inu may have introduced uncertainty and speculation among investors, adding to the selling pressure on the token.
  • The overall bearish sentiment in the market, as indicated by the corrections in both Dogecoin and Shiba Inu prices, along with rising short bets among traders, likely influenced SHIB's downward trajectory today.
  • Despite the positive outlook for potential growth, the inability to overcome resistance levels and the broader market conditions contributed to Shiba Inu's bearish movement.

02.08.2025 - SHIB Crypto was up 5.3%

  • SHIB showed significant upward movement today, bouncing back from important support levels.
  • The introduction of SEK-denominated ETPs for SHIB by Valour on the Spotlight Stock Market possibly boosted investor interest and contributed to the positive sentiment.
  • Despite limited attention to meme coins in the derivatives market, SHIB's strength and favorable price actions indicate a renewed faith from traders.
  • The general market outlook towards meme coins such as SHIB appears to be advancing, hinting at a potential shift towards a more optimistic trend in the short term.

25.07.2025 - SHIB Crypto was down 6.8%

  • Alongside other meme coins like Dogecoin and Pepe, SHIB encountered bearish trends and challenges due to a weekend retracement and outflows of capital from the derivatives market.
  • The heightened risks in meme coins like SHIB can be linked to volatile market conditions, reduced interest as indicated by on-chain and derivatives data, and bearish-leaning technical indicators.
  • The drop in SHIB's value and the general pessimistic sentiment in meme coin markets may stem from increasing selling pressure across the wider cryptocurrency market, resulting in additional losses.
  • Factors like a surge in the burn rate of Shiba Inu, a drop in daily transactions, and technical chart patterns reminiscent of historical trends observed in Dogecoin might have played roles in SHIB's recent negative market performance.

13.07.2025 - SHIB Crypto was up 5.5%

  • SHIB experienced a strong bullish movement today due to a significant increase in its burn rate by 48,324% and a whopping 643% surge in large holder netflows, indicating increased scarcity and potential whale-driven rally.
  • The bullish chart structure with higher lows and the aim to break past the 200-day SMA suggest continued growth for SHIB.
  • The bearish sentiment in the overall market, especially with Dogecoin (DOGE) failing to close above key resistance zones, might have led some traders to shift their focus towards SHIB, contributing to its upward momentum.
  • The rising short bets among traders on DOGE and SHIB could have also pushed more investors towards SHIB, seeking better returns amidst the corrections in the market.

18.07.2025 - SHIB Crypto was down 5.0%

  • Despite collaborations with K-pop stars and a significant burn rate increase, Shiba Inu experienced a bearish movement.
  • The increased burn rate and positive sentiment around meme coins like SHIB were not enough to counteract the overall bearish trend in the market.
  • The market movement could be attributed to broader cryptocurrency market fluctuations or profit-taking by investors following recent gains in SHIB.
  • It seems that the positive news and developments were overshadowed by external factors impacting the overall sentiment in the cryptocurrency market, leading to SHIB's bearish movement.

14.07.2025 - SHIB Crypto was down 6.9%

  • Despite positive developments like increased capital inflows and a surge in burn rate and large holder netflows, SHIB faced a notable downtrend today.
  • The bullish activity from derivative traders and significant wallet holders might have been overshadowed by general market sentiment or profit-taking behaviors.
  • The marked increase in burn rate and large holder netflows could have caused a temporary imbalance in supply and demand, resulting in a price adjustment.
  • Traders are monitoring key technical levels, such as the 200-day SMA, for potential turning points in the coming days.

22.07.2025 - SHIB Crypto was up 5.2%

  • Despite the overall bearish sentiment in the broader cryptocurrency market, Shiba Inu (SHIB) experienced a strong bullish movement.
  • The announcement of the "1001 Festival" event in South Korea, featuring K-pop stars and Squid Game challenges, might have sparked renewed interest and excitement among investors, leading to increased buying pressure on SHIB.
  • The unique marketing strategy of combining cryptocurrency with popular culture elements like K-pop and Squid Game challenges could have attracted new investors and traders to SHIB, driving up its price.
  • The decline in burn rate and daily transactions may have been overshadowed by the positive news of the upcoming event, causing a temporary shift in market sentiment towards SHIB.

23.07.2025 - SHIB Crypto was up 5.6%

  • Despite the overall bearish sentiment and selling pressure on meme coins like SHIB, a collaboration with a K-Pop festival featuring top Korean rap stars may have reignited investor interest and positive sentiment.
  • The unique marketing approach of integrating cryptocurrency with popular culture events likely contributed to a surge in demand for SHIB, resulting in significant bullish movement.
  • Although on-chain and derivatives data showed a decline in interest in SHIB, the collaboration for a high-profile event potentially overshadowed negative market signals, propelling the price higher.
  • This unexpected positive development amid potential losses and waning interest in meme coins highlights the influence of unconventional marketing strategies in the cryptocurrency market and their impact on investor sentiment.
i
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.