- As of May 2025, SHIB is trading at $0.00001274 USD.
- The token has lost 7.4% in value over the past week, declining from a peak of $0.00001375 USD.
In April 2025, SHIB futures open interest surged from approximately $97 million to $190 million. This increase indicates growing investor interest in future price movements.
SHIB Wallet Count and Whale Movements
In April, wallets holding at least $1 million in value rose by 14.5%, from 751 to 860. Large transactions (over $100,000) increased by 95.91%, with 18.51 trillion tokens transferred. CoinGlass data shows a 1.32% rise in open interest to $35.66 million, indicating strong investor engagement. A TradingView analyst noted that a $1 price target is unattainable, requiring a market cap of $589 trillion.
Token presents mixed signals from technical and fundamental indicators. The rise in futures open interest and whale activity suggests potential price movements. However, market volatility and regulatory uncertainties warrant caution. According to IntoTheBlock data, 85.22% of Shiba holders are currently at a loss, with only 10.59% in profit and 4.19% breaking even. This indicates that most investors bought at or above the 2021 peak.
SHIB’s whale activities point to short-term targets of $0.000037–$0.000085. Medium-term targets of $0.0001–$0.001 are feasible, but $0.01–$1 is unrealistic. Bitcoin dominance and volatility pose risks to the price.
Market Cap: Approximately $7.46 billion USD, ranking 18th–21st in the crypto market.
Trading Volume: The 24-hour trading volume ranges between $110.7 million and $298.5 million USD, reflecting a 9.6%–104% increase compared to the previous day.
***Not Investment Advice ***
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