Shiba Inu (SHIB) February Price Prediction: When is it Bullish?

Bittime - Shiba Inu (SHIB) started the year on a rocky foot, seeing its value drop by 25% in the last 30 days. 

While other meme coins like PEPE and FLOKI steal the show, investors are starting to wonder if SHIB can bounce back before the month is out.

Can Shiba Inu (SHIB) Recover This Month's 25% Drop?

Shiba Inu (SHIB) has had a rough few weeks. While other meme coins such as PEPE and FLOKI enjoyed significant gains, SHIB actually slumped with a 25% decline in the last month. Now, investors are wondering if the token can turn around before the month ends.

One of the main problems is weak buying pressure. Big investors, or what is usually called whales, has reduced their SHIB transactions by 61%. Despite a 567% increase in the token burn rate, the SHIB price barely reacted.

Read too 1 SHIB to IDR

SHIB Price Prediction

SHIB briefly fell below $0.000015 earlier this month, but then rebounded. If this level can be maintained, SHIB could possibly reach $0.000018. However, if this level breaks, SHIB has the potential to fall to $0.000012.

There is new hope with Shiba Inu's partnership with the UAE Ministry of Energy and Infrastructure. 

This collaboration could bring real-world adoption through their blockchain-based operating system, ShibOS. However, although this announcement did push the SHIB price up, it was not enough to maintain a sustainable rally.

Read too How to Buy Shiba Inu (SHIB)

Conclusion

Shiba Inu (SHIB) is at a turning point after a 25% decline in the last 30 days. Its recovery depends on increased buying interest, activity whale stronger, and important developments such as the partnership with the UAE.

FAQ: Prediction Harga Shiba Inu (SHIB)

What is the reason for SHIB price drop of 25% this month?

This decline was caused by weak buying pressure from large investors (whales), although the token burn rate increased significantly.

Is there a chance for SHIB to bounce back before February ends?

There is a chance if SHIB manages to defend the support level at $0.000015 and capitalize on the bullish momentum from the accumulation zone.

What are the optimistic price targets for SHIB in the near term?

In an optimistic scenario, SHIB could reach $0.000018 to $0.00003232 if the important resistance level is successfully broken.

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Reference

Crypto Explorer, Shiba Inu Price Prediction For February: Can SHIB Reverse Its 30-Day 25% Losses As PlutoChain Gains Attention, Accessed February 26, 2025

Author: IN