Today, the cryptocurrency Shiba Inu (SHIB) is experiencing significant growth of more than 7%, trading at $0.00001288. After a tough start to the year, the meme coin market, including SHIB, is showing signs of recovery.
Current Shiba Inu Market Situation
Meme coins are recovering after the decline seen at the beginning of 2025, where market capitalization dropped by more than 50%. At the same time, major players like Dogecoin (DOGE) lost about 20% last month; however, today DOGE has grown by 7%, showing a change in sentiment.
Positive Trends and Analyst Expectations
Positive signals include a 30% increase in SHIB burn rate and Shibarium blockchain growth to $2.5 million. Analysts consider the possibility of further SHIB growth to the resistance level of $0.000033 if the current support holds.
Investor Prospects
An X (formerly Twitter) user highlighted the possibility of a 'second wave' of SHIB growth based on currency chart analysis. This triggers a wave of positive expectations among investors.
Current data and observations indicate a likely continuation of Shiba Inu growth and other meme coins. Investors eagerly watch the changes, hoping for a sustainable strengthening of the trend.
