Despite a turbulent cryptocurrency market shaken by geopolitical tensions and fresh tariff announcements, Shiba Inu continues to demonstrate resilience.
While the overall market faces sharp declines, Bitcoin dropped by 3%, Ethereum by 8%, and XRP by 10% over the past week. Shiba Inu has managed to retain significant investor interest despite falling 21% in the last 10 days.
The current downturn has been largely attributed to renewed tariffs targeting several Asian countries. While some fear inflationary consequences, others see the policy generating long-term benefits for the U.S. economy.
As such, this correction is seen not as a signal to panic, but an opportunity to position for the next rally. Historically, similar macro-driven dips have preceded strong rebounds, particularly in the lead-up to bull cycles.
If patterns repeat, a major upswing could occur in late 2025, similar to the peaks seen in 2021, 2017, and 2013. The current price sits at $0.0000120 per coin, reflecting short-term bearish pressure, but long-term holders remain largely undeterred.
One of the most notable factors behind this pullback is a 40% drop in new wallet addresses interacting with the token, signaling reduced retail interest.
Source – Glassnode
However, this doesn’t necessarily reflect Shiba Inu’s long-term potential. Instead, it mirrors a broader market slowdown, especially as fear and greed metrics settle at a neutral 48.
Despite reduced buying momentum, $SHIB still boasts a 96% retention rate, proof of a loyal holder base and one of the strongest communities in crypto. Historically, Shiba Inu has maintained one of the longest average holding periods among Coinbase-listed tokens, further underscoring investor conviction.
This article explores Shiba Inu’s price prediction shared by crypto analyst and trader ClayBro, whose full analysis is available below or on his YouTube channel. He also points to Snorter Token as a high-potential meme coin worth considering alongside Shiba Inu.
Shiba Inu Price prediction
Technical indicators show a crucial support level at $0.0000118. Holding this level could lead to a potential bounce back toward $0.0000131. However, should this support break, Shiba Inu might retest lower levels around $0.0000114.
These movements, while concerning in the short term, are being viewed by many as strategic accumulation zones ahead of a broader market recovery.
Crypto Elites, who has nearly 260,000 followers, shared on X that everything is just getting started for $SHIB, with a target of 17x, urging followers to hold and be patient.
Source – Crypto Elites via X
Meanwhile, Joe Swanson believes $SHIB is showing bullish potential, noting a cup-and-handle pattern supported by a double bottom and reinforced by whale accumulation, with a possible 70% upside from current levels.
Investors Accumulate Snorter Token as a High-Risk Play Alongside Shiba Inu
Shiba Inu’s continued popularity, even in tough market conditions, reflects broader investor trends. Many are diversifying into meme coins and altcoins while maintaining a long-term outlook.
Shiba Inu remains a core holding, but there’s also growing interest in newer speculative plays like Snorter Token (SNORT), a fresh project developing a low-fee, high-speed trading bot on Solana.
While Shiba Inu has built a loyal community and proven itself in previous bull markets, Snorter Token offers a fresh entry point with real utility and early-stage momentum. Backed by an ambitious roadmap, the project has already raised near $2.8 million during its presale phase.
Although Snorter Token carries more risk due to its early-stage status, it’s being accumulated by those who believe in the potential upside during peak retail euphoria. Investors anticipate that once the market turns, retail traders will flood in, seeking high-risk, high-reward plays, particularly in the meme coin sector.
Snorter Token is building a trading bot called Snorter Bot, designed to offer faster execution and lower fees than most Solana-based platforms. Alongside ClayBro, Austin Hilton has also identified it as the next big thing.
In comparison to industry standards, where trading fees often range from 1% to 2%, Snorter Bot offers near-zero fees, making it an appealing tool for active traders, especially those operating in volatile meme coin markets.
The platform claims to outperform leading competitors in speed and cost-efficiency, which could attract a wave of new users as market conditions improve.
The broader crypto landscape remains shaky for now, but seasoned investors are using this time to load up their portfolios with both established assets like Shiba Inu and newer, more speculative tokens like Snorter Token.
As the market waits for a return of greed-driven momentum, the strongest hands are quietly accumulating and preparing for the next wave of gains. To take part in the $SNORT token presale, visit snortertoken.com.
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