Shiba Inu Price Prediction – Why SHIB Could Rally to $0.000015 Soon

Highlights:

• Shiba Inu is consolidating after a mini 24-hour pump
• SHIB would need to breach $0.00001399 resistance for the rally to continue
• Ethereum’s rebound is likely to add upside momentum to Shiba Inu

Shiba Inu (SHIB) is in the green today, reflecting the overall bullish sentiment in the market in the last 24 hours. Shiba Inu gained 5.34% to trade at $0.00001368 in this period. The volumes are also rising and are currently up by 47.04% to stand at $352.6 million. The surging volumes alongside the price indicate that momentum is building up. After more than a year of stagnation, Shiba Inu could finally be headed for a reclaim of its 2021 glory, when it rallied by millions of percent in a matter of months. Several factors could trigger a resurgence of SHIB now that momentum is building up.

Ethereum’s Rebound Pushing SHIB Higher

One of them is the Ethereum factor. Part of the reason Shiba Inu has been stagnant for so long is due to Ethereum’s price action. For over a year, up until recently, Ethereum’s price was stagnant even as Bitcoin continued to edge higher. This is evident when the ETH/BTC pair was a straight line down for over a year. The weakness Ethereum exhibited led to weakness across the altcoin market. This is the primary reason why the altseason in the 2024/25 Bitcoin halving cycle has differed from the past.

Ethereum-based meme coins like Shiba Inu particularly took a hit as money started gravitating into the Solana ecosystem. However, things are changing, and Ethereum has made a strong comeback and is getting closer to a retest of its all-time highs. By extension, the entire Ethereum ecosystem has awoken. Meme coins in particular are starting to gain upside momentum. SHIB stands out for the fact that it is one of the biggest names in the meme coin space.

Ethereum Price Boom Fuels Shiba Inu and Remittix Rallies – Here’s Why ETH Surging Boosts These Altcoinshttps://t.co/aiDmdhT4T1

— John Morgan (@johnmorganFL) August 11, 2025

Shiba Inu Strong History Likely to Reignite Bullish Sentiment

Shiba Inu also has the advantage of a good history backing it up. It made history as one of the best-performing meme coins ever created. In the 2020/21 cryptocurrency cycle, when it first hit the market, Shiba Inu rallied by over 48,000,000% a feat that saw it turn investments as low as $100 into millions of dollars. Based on this history, investors are likely to gravitate towards it now that its price is showing signs of a rebound. The potential of a return to glory now that Ethereum is back is pretty high. Even a rally back to its last all-time highs makes Shiba Inu an attractive meme coin as market momentum builds up.

Shiba Inu Fundamentals Have Improved Over Time

Shiba Inu also stands to benefit from the fact that it has evolved. While it started as a meme coin, SHIB has evolved to have its blockchain and a layer-2 network for launching new tokens. At the same time, Shiba Inu has a token burn mechanism that has burned trillions of tokens and continues to eat into the supply. All this means that compared to when it started, Shiba Inu now has a higher intrinsic value. As such, the odds of an even bigger price run in an all-out bull market are high.

3️⃣ $SHIB
Launched as a Dogecoin rival, Shiba Inu turned into something much bigger.
They’ve built Shibarium (their own L2), have NFTs, a growing ecosystem. It’s way beyond a meme now 🚀

👇 pic.twitter.com/l8wzhFtOi7

— Trail2Crypto (@Trail2Crypto) May 9, 2025

Technical Analysis – SHIB Consolidating After Mini-Rally

Shiba Inu is consolidating between $0.00001399 and $0.00001345. If bulls sustain the momentum built up so far and push SHIB through $0.00001399, a rally to $0.00001500 is possible in the short term.

On the other hand, if Shiba Inu bears take control and push the price through the $0.00001345 support, then a correction to $0.00001279 is expected in the short term. Of the two possible scenarios, a rally to $0.000015 is more likely in the short term. This is due to a buildup in bullish momentum across the market.