Shiba Inu investors are closely monitoring price movements of the token, particularly regarding its all-time high. Interest in the asset remains high despite current market fluctuations.
Current Market Position of Shiba Inu
Shiba Inu is currently priced at $0.00001486, maintaining relative stability above the $0.00001 level despite broader market volatility. Throughout early 2025, the token has demonstrated resilience in the face of market corrections. After reaching $0.000017 earlier this month, it experienced a modest decline and is now down approximately 4.75% for the week. Despite recent downturns, it achieved a 14.39% gain in May, showcasing resilience and underlying market strength. Between January and March, SHIB lost over 48% of its value amid sustained downward pressure, but its ability to defend key psychological levels suggests a foundation for potential recovery.
Projections for Return to ATH
Industry analysts speculate about a possible return to SHIB’s former high. Crypto analysts, including Real CryptoRoy and CryptoSheriff, have expressed optimism that the asset could reach or exceed its 2021 peak during the current market cycle. According to Changelly analysts, SHIB may not revisit its all-time high until 2029. However, the crypto forecasting platform Telegaon offers a more optimistic outlook, projecting a return to the ATH as early as next year. The most notable recent price recovery occurred in March 2024, when SHIB reached $0.00004563, about halfway to its ATH.
Accumulation Trends Among Major Holders
Large Shiba Inu investors, holding between 1 billion and 100 trillion SHIB tokens, have accumulated more assets over recent months. At the beginning of the year, these wallets collectively held 559.33 trillion tokens. That figure has since grown to 560.07 trillion, reflecting a net accumulation of roughly 740 billion tokens. This slow but steady increase indicates ongoing confidence among large holders.
While the asset remains well below its all-time high, ongoing accumulation by large holders and a relatively stable support level above $0.00001 indicate a market still optimistic about long-term growth. Should the token reach its peak price again, those holding 1 billion SHIB stand to benefit significantly, though the timeline for such a recovery remains uncertain and dependent on broader market dynamics.
