Shiba Inu Price Prediction: Can SHIB Rally as Shibarium Grows Toward $9 Billion TVL?

Shiba Inu (SHIB) is on the move, up 8% in the last 24 hours to $0.00001579 as more investors get in. The rally is part of a broader crypto

Quick overview

  • Shiba Inu (SHIB) has surged 8% in the last 24 hours, reaching $0.00001579, amid a broader crypto market rally driven by Ethereum's gains.
  • The Shibarium layer 2 network's total value locked (TVL) has increased by over $1.5 million recently, attracting interest from investors.
  • Analysts project SHIB could reach between $0.00015 and $0.00075, contingent on high trading volume and increased adoption of Shibarium.
  • Technical analysis indicates SHIB is facing a near-term test, with critical support at $0.00001562 and potential targets of $0.00001640 and $0.00001764.

Shiba Inu (SHIB) is on the move, up 8% in the last 24 hours to $0.00001579 as more investors get in. The rally is part of a broader crypto market upswing, mainly driven by Ethereum’s 40%+ gain this week. Shibarium layer 2 network is a key catalyst with TVL reaching $3.79 million.

Shibarium TVL Growth Sparks Price Speculation

Shibarium TVL has grown by over $1.5 million in the last month and is getting attention from retail investors and crypto analysts. What if Shibarium can capture 10% of Ethereum’s $90 billion TVL?

That would be $9 billion TVL – a 2,200x increase from current levels. Ambitious in the short term but could reprice SHIB big time.

Analyst Forecasts:

  • SHIB Price Projection: $0.00015–$0.00075

  • Key Drivers: High volume, token burns, wider Shibarium adoption

  • Historical Benchmark: Only Solana has reached similar TVL, currently at $11 billion

  • DeepSeek Analytics: “If Shibarium becomes a dominant L2, SHIB may aim for $0.0001 – a 5x move.”

Updated Technical Analysis: SHIB Faces Near-Term Test

Technically SHIB is showing signs of a short term pullback. It’s trading at $0.00001579 after being rejected from $0.00001640, the 23.6% Fib. Sitting just above support at $0.00001562 which is the 38.2% Fib.

A drop below this support could see SHIB go to $0.00001513 50 day EMA and $0.00001499 50% Fib. MACD is bearish crossover. But if support holds and bulls return, $0.00001764 is still on the table.

Trade Setup:

  • Buy Zone: $0.00001510–$0.00001530

  • Target 1: $0.00001640

  • Target 2: $0.00001764

  • Stop Loss: Below $0.00001430

Shiba Price Chart - Source: Tradingview
Shiba Price Chart – Source: Tradingview

Bullish Weekly Structure Still Intact

On the macro chart SHIB has completed a rounding bottom and just broke its neckline at $0.00001600. If confirmed with a weekly close above, the pattern implies a measured move to $0.000024 – a 55% move. Weekly RSI above 50 and fading AO supports this view.

Conclusion: Rally Still Possible, But Watch Key Levels

$9 billion TVL is aspirational but Shibarium growth and SHIB’s overall structure still favors upside if support holds. Watch $0.00001562 for strength and $0.00001640 for breakout confirmation.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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