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Shiba Inu (SHIB) continues to face a tough downtrend, despite a slight price increase in the last 24 hours. The key question for investors: can SHIB break out, or is this just a temporary blip? As of press time, SHIB trades at $0.00001276 , a 2.17% increase over the last 24 hours. However, the price remains down 1.15% over the past week. Trading volume stands at $163,987,891, with a market cap of $7.47 billion. Despite the short-term gain, the bigger picture shows ongoing weakness. According to analyst SHIB KNIGHT, the cryptocurrency has been in a steady decline since December 2024, with lower highs consistently forming and blocking any substantial breakout. While a strong support level has emerged near $0.00001250, repeated failures to breach the descending trendline highlight the prevailing bearish momentum. A decisive breakout with significant volume is necessary to confirm a trend reversal; otherwise, investors should be prepared for a potential drop toward $0.00001000. Related: Shiba Inu Faces Adoption Dip, Yet BONE Token Seen as Mirroring XRP, ADA Success Mixed signals abound. The Relative Strength Index (RSI) is at 39.56, indicating weak momentum but not yet reaching oversold conditions. A push above 41.17 could confirm a short-term rebound. The Moving Average Convergence Divergence (MACD) indicator remains slightly negative, with the signal line hovering around zero. This points to a lack of strong momentum in either direction. However, a bullish crossover, where the MACD line moves above the signal line, could signal a trend shift in favor of buyers. Related: Shiba Inu (SHIB) Set for 480% Surge? Analyst Price Target Sparks Hope On-chain activity has seen a significant reduction in SHIB’s circulating supply due to substantial token burns. On March 13, a single transaction permanently removed 459.29 million SHIB from circulation. Smaller burns followed, including 14.62 million SHIB, 13.67 million SHIB, and 12.84 million SHIB in separate transactions. Data from Shibburn , a dedicated tracking platform, reported a 112.85% increase in daily burns, with 1.81 million SHIB burned within 24 hours. However, despite the daily surge, the weekly burn volume dropped by 47.46% to 57.63 million SHIB. While these burns theoretically increase scarcity, their impact on price remains uncertain. With SHIB’s circulating supply still at 590 trillion, a more aggressive burn strategy or higher demand is needed to drive meaningful price appreciation. Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, has been noticeably absent from social media, fueling speculation within the community. His last post on X was on February 21, when he discussed improved liquidity pools on ShibaSwap. Since then, he has only retweeted select SHIB-related content, with the most recent activity on March 7. This silence has led to various theories about his whereabouts. However, SHIB marketing lead Lucie reassured the community that Kusama’s absence is intentional. According to her, he is working behind the scenes on expanding Shiba Inu’s reach, possibly engaging in strategic partnerships. She stressed that his efforts are focused on bringing global awareness to the project. But for some investors, the lack of communication is a concern. Kusama’s sporadic social media presence is not new. In previous instances, he has taken extended breaks before returning with major announcements. In May 2024, after a long silence, he revealed that he had been in the Middle East for business and personal reasons. Additionally, during the holiday season, he mentioned working nearly 20 hours a day on ecosystem development while most were on break. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Tim Draper, a prominent venture capitalist and longtime bitcoin advocate, reiterated his strong belief in BTC’s future in an interview with Benzinga’s Jason Raznick this week. Expecting the cryptocurrency to surpass fiat money as the global standard, Draper doubled down on his bitcoin price prediction, stating: $250,000 by the end of this year. Draper envisions a financial ecosystem where bitcoin is the primary medium of exchange, eliminating the need for traditional fiat currencies. Raising concerns about a potential collapse of fiat, he detailed: “There will be a time that I’m a little worried about actually where we have a run on the fiat currencies and they’re going to run on the banks for the fiat currencies to get moved into bitcoin.” He noted: “Ideally, that’s all going to be electronically done so we won’t have people at the banks, clawing at the banks and breaking windows or whatever to try to get bitcoin out of their dollars.” He believes this transition will happen swiftly, cautioning: If there’s a run on the dollar and they’re running to try to transfer their dollars into bitcoin, it’s going to happen very quickly. The well-known venture capitalist argued that BTC will eventually be the preferred currency for daily transactions, making fiat obsolete. He stated: “There will be a moment when I can buy my food, my clothing, my shelter, pay my taxes—all in bitcoin, and I won’t have a need for fiat currency. There will be no reason to hold it because bitcoin appreciates in value over time and fiat depreciates in value over time, because, by its nature, governments produce more and so there are more dollars out there than there were before and so your dollars that you have are worth less and that’s what inflation’s about. So we’re gonna have a currency that is very stable.” Draper likened fiat’s decline to historical instances of currency collapse, comparing it to Confederate dollars, which lost value after the Civil War. He stressed that technological advancements, including bitcoin and blockchain, have created a more efficient and transparent financial system. Challenging traditional ways of valuing bitcoin, Draper suggested shifting the focus away from measuring it against fiat. “We should really not be comparing it to the dollar anymore because the dollar [and] all fiat currencies are going to fall against bitcoin. They continue to fall against bitcoin,” he emphasized. “If you believe as I do that the dollar is an antiquated currency that is not long for this world … that’s not even a fair comparison, so it should be compared to a commodity instead.” Asserting that instead of viewing bitcoin’s price in dollars, people should compare it to commodities or tangible goods, Draper described: “If you look at it slightly differently. You flip it around—bitcoin to the dollar—you see the dollar is just falling off the map.” The venture capitalist insisted that bitcoin will eventually reach a point where its value against the dollar becomes infinite, concluding: In effect, bitcoin goes to infinity against the dollar. But it doesn’t become infinitely valuable … the dollar becomes zero. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Shiba Inu (SHIB) , one of the most popular meme coins, has seen wild price swings in the past, but its dream target of $1 per token remains a far-fetched milestone. With the current price sitting at $0.00001279, the token would need an astronomical rally to reach the $1 mark within 30 days. However, traders and investors continue to speculate whether a parabolic surge could take place, especially if market conditions align in its favor. With Shiba Inu showing early signs of recovery after a prolonged downtrend, many wonder if this could be the beginning of a major breakout or just a temporary relief rally. The latest RSI (Relative Strength Index) sits at 39.85, suggesting somewhat oversold conditions, while the MACD (Moving Average Convergence Divergence) shows a slight improvement, hinting at possible bullish momentum building up. The question remains—can SHIB defy expectations and reach $1, or is this an unrealistic target? For Shiba Inu price to reach $1 , the token would require a mind-blowing rally of over 7,800,000% from its current price. This kind of price explosion has never been seen in any major asset within 30 days, making it highly unlikely in such a short timeframe. For SHIB to get anywhere near this level , several factors would need to align. A massive burn mechanism would have to be implemented, drastically reducing the token’s circulating supply. Currently, Shiba Inu’s supply sits at nearly 589 trillion tokens, which makes a $1 valuation impossible unless the supply shrinks dramatically. Additionally, institutional adoption, extreme retail hype, and a major influx of new investors would be necessary to drive exponential demand. Even in previous bull runs, Shiba Inu’s biggest surge only saw it increase by a few thousand percent over months, not millions of percent in a few weeks. While long-term holders may still dream of this milestone, in the next 30 days, the likelihood of SHIB reaching $1 is virtually zero. While $1 is unrealistic, Shiba Inu price still has potential for a short-term rally, given its current price structure. After weeks of downward pressure, SHIB price is attempting to hold support around $0.000012, and if buyers regain confidence, a breakout toward $0.00002 or even $0.00003 is possible. The RSI at 39.85 suggests that selling pressure has weakened, and SHIB could soon enter a recovery phase. The MACD line is also flattening, which indicates that bearish momentum is losing strength. If SHIB can reclaim $0.000014-$0.000015, this could confirm the start of a trend reversal. If Bitcoin and the overall crypto market recover in the coming weeks, Shiba Inu could benefit from positive sentiment, leading to a 50-100% gain in the short term. However, for a bigger breakout, SHIB would need massive whale accumulation, renewed hype, and potential announcements related to Shibarium or token burns. Given current market conditions, a realistic target for SHIB price in the next 30 days is $0.000015 to $0.00002 if bullish momentum strengthens. However, if selling pressure continues, SHIB could revisit $0.000010 or lower, extending its bearish trend. In a bullish scenario, where SHIB successfully breaks above $0.000014 and Bitcoin maintains strength, a rally toward $0.00002-$0.000025 is possible. A meme coin rally driven by retail FOMO (fear of missing out) could accelerate gains, but a $1 price target remains impossible within this timeframe. In a bearish scenario, if SHIB fails to reclaim key resistance levels and Bitcoin drops below $60,000, Shiba Inu could retest $0.000010 before finding a new accumulation zone. While Shiba Inu remains one of the most recognized meme coins , expecting it to reach $1 in the next 30 days is completely unrealistic. The current market structure and supply dynamics do not support such a move, making it mathematically impossible. However, short-term gains of 50-100% are within reach if SHIB can sustain its recovery. Traders looking for a high-risk, high-reward opportunity may find potential in short-term trades, but long-term investors should manage expectations and focus on gradual growth rather than impossible price targets. In the coming month, watch key resistance levels at $0.000014 and $0.00002 to determine whether SHIB can break out or if further downside is likely. While a $1 SHIB remains a meme-driven dream, traders can still take advantage of realistic price movements in the short term.

The Base Chain ecosystem welcomes a rising star as Brett, Pepe companion, emerges as its mascot. Developers actively build numerous projects on this platform, boosting its growth. Consequently, Brett benefits from a thriving network that taps into shared resources and expertise across the crypto space. Current price: $0.5013 Market cap:$778.29M The EOS Network, a third-generation blockchain, attracts attention for its high performance and developer-friendly features. Stakeholders select node operators in its Delegated Proof of Stake system, ensuring decentralization. Besides, the platform offers extensive tools and resources, enabling developers to create projects that rival blockchains struggle to support. Current price: $0.057437 Market cap:$490.86K Education meets innovation as 99 Bitcoins launches its $99BTC token to encourage crypto understanding. Users earn tokens by completing courses and quizzes on the platform which simplifies complex concepts. Additionally, the site expands beyond Bitcoin covering altcoins like Litecoin and Peercoin for a broader audience. Current price: $0.01795 Market cap:$179.49M Ankr strengthens the crypto economy by providing decentralized infrastructure across over 50 Proof-of-Stake networks. The platform supports developers with APIs and public RPC nodes to access blockchain data effortlessly. Moreover, Ankr Earn simplifies staking, offering yield opportunities to investors through its scalable solutions. Current price: $0.03155 Market cap:$312.76M Brett’s growing popularity underscores the Base Chain’s rapid expansion in the crypto world. The mascot leverages an ecosystem that fosters collaboration among projects, enhancing its reach. Significantly, this interconnected growth positions Brett as a key player in the blockchain’s future. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

On March 13, 2025, ARK Invest, under the leadership of CEO Cathie Wood, expanded its cryptocurrency portfolio by acquiring 997 Bitcoin (BTC) valued at approximately $80 million. Both Coinbase exchange deals resulted in the acquisition of cryptocurrency where the first transaction brought 498 bitcoins, followed by another transfer less than four hours later that added 499 bitcoins more. ARK Invest’s recent Bitcoin acquisition demonstrates its desire to grow its digital asset division because the firm believes Bitcoin holds strong potential for the future. This purchase became one of multiple institutional investments in cryptocurrency market funds that distributed significant Bitcoin ETF shares. ARK INVEST RECEIVED $80M OF $BTC FROM COINBASE TODAY ARK INVEST IS BUYING BITCOIN pic.twitter.com/FmpyoNa15A ARK Invest sold $9 million worth of its Bitcoin ETF holdings while continuing to acquire Bitcoin and Coinbase stock because institutions are withdrawing $1.1 billion from spot Bitcoin ETFs. City-wide selling pressure affects the stock market through falling U.S. index values combined with rising inflation rates and trade policy ambiguity. ARK Invest strengthened its position in Coinbase cryptocurrency exchange by making select Bitcoin investments while purchasing 64,358 shares that amounted to $11.53 million. The firm has made its biggest Coinbase stock purchase since starting in August 2024. The cryptocurrency sector appears to receive sustained long-term attention from ARK Invest through their strategic choice to keep Bitcoin positions along with Coinbase stock acquisitions. The Bitcoin market value stands at $81,911 on March 14, 2025 as it shows a 2.04% decrease from the previous day. Bitcoin continues to encounter selling pressure at its $83,700 resistance point, which is battling traders who could drive the price toward the support level at $75,000. Although Bitcoin’s value has experienced price volatility, Cathie Wood and other long-term investors continue to demonstrate optimism about Bitcoin’s future because Wood predicted BTC will reach $1 million by 2030. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.