Shib price prediction is once again a hot topic in the altcoin world after Shiba Inu’s Layer 2 network, Shibarium, officially burned over 1 billion SHIB tokens. This major supply reduction event comes just as altcoin season shows signs of heating up, and investors are wondering: can this spark a new rally for SHIB?
Let’s dive into what the burn means, how the charts are reacting, and where Shiba Inu could be heading next.
Shibarium Burns 1 Billion SHIB – Here’s What That Means
On May 21, the Shiba Inu development team confirmed that 1 billion SHIB tokens have been permanently removed from circulation via Shibarium, the project’s Layer 2 blockchain. This marks the largest single burn event to date for the network.
Source: Shibarium
The burn was executed using native mechanisms built into Shibarium’s architecture, rewarding network activity with deflationary pressure on the SHIB supply. As usage grows, so does the burn rate — a move designed to add long-term value for token holders.
While 1 billion tokens may seem small compared to SHIB’s massive total supply (589 trillion), the psychological and narrative impact is significant. Burns have historically triggered short-term price spikes — and sometimes, even long-term trend shifts.
Price Action: SHIB Chart Shows Early Signs of Strength
SHIB is currently trading around $0.00001527, up nearly 3% on the day, with momentum building since the burn news was released.
Source: Tradingview
According to the chart data:
- SHIB recently broke above the $0.000014 resistance, a level that had capped price action for weeks.
- The next key level to watch is $0.0000165 — a breakout above that could open the door for a move to $0.000018+.
- Volume is climbing steadily, suggesting fresh accumulation.
After months of sideways movement and fading hype, SHIB appears to be consolidating above local support, forming a possible base for a mid-term uptrend.
Shiba Inu in 2025: Meme Coin or Something More?
Originally launched as a meme coin challenger to Dogecoin, SHIB has spent the last two years trying to reinvent itself. The launch of Shibarium, combined with the ecosystem’s expansion into DeFi, NFTs, and token utility (via BONE and LEASH), shows a clear intent to go beyond speculation.
Token burns like this one aren’t just hype — they’re part of a broader strategy to add deflationary pressure and long-term sustainability to the project.
Still, the question remains: will the market treat SHIB as a true Layer 2 utility token — or as another meme coin riding the altcoin wave?
Shib Price Prediction – What’s Next for SHIB in 2025?
While the 1B burn is a bullish signal, SHIB still needs confirmation above resistance levels to trigger a real trend reversal.
Here are possible scenarios:
- Short-Term Target: $0.0000165 (breakout confirmation)
- Moderate Bull Case: $0.000022 (last major rejection zone)
- Full Altseason Target: $0.000030+ (last reached during the November 2023 rally)
Of course, these outcomes depend heavily on broader altcoin market sentiment and continued utility-driven adoption of Shibarium.
Final Thoughts: Will This Burn Spark the Next SHIB Rally?
This latest burn event is more than just a flashy number — it reflects increasing activity on Shibarium and a community committed to long-term tokenomics.With technical indicators turning bullish and altcoin season 2025 gaining steam, SHIB could finally have the ingredients for a proper comeback. Keep an eye on key levels and upcoming burn reports — because this may just be the ignition spark SHIB needed.
