Google Gemini's AI has issued a cautious outlook on Shiba Inu's (SHIB) performance for the remainder of August 2025, considering current market structure and technical signals.
Technical Weaknesses of SHIB
According to Google Gemini, the recent decline in trading volume and investor engagement indicates weakening bullish momentum. SHIB has seen over a 2.8% drop in the last 24 hours, currently trading at $0.00001196. Price activity has remained confined to a narrow range, putting pressure on the $0.000011 support level. Analysts have flagged the risk of a breakdown at this level, with no reversal signals visible on the weekly chart.
Forecast of Drop to $0.00001
In its official forecast, Google Gemini anticipates that SHIB could fall by approximately 16.388% by the end of August, potentially reaching $0.00001 by August 31. The AI model attributes this anticipated decline to a convergence of bearish signals. As stated by analysts: "There is an increased risk of Shiba Inu breaking below its support range near $0.000011 due to deteriorating volume, lower on-chain engagement, and the recent stall in burning activity. Unless fresh buying pressure returns or a major catalyst emerges, a move toward the $0.00001 level is increasingly likely before the end of August."
Limited Market Factors
The overall market environment also presents few supportive conditions for meme tokens at this stage of the cycle. Despite some strength in major cryptocurrencies, SHIB and other speculative assets have failed to show sustained interest or significant whale accumulation. Without a new catalyst, such as a major partnership or exchange listing, SHIB may struggle to attract momentum-driven buyers in the near term.
Given these combined elements—technical vulnerabilities, declining user growth, reduced burn rates, and an absence of short-term catalysts—Google Gemini maintains its projected target of $0.00001 for Shiba Inu by August 31, representing a forecasted decline of over 16%.
