Shiba Inu (SHIB) February 2025 Price Prediction

The cryptocurrency community has been eagerly looking into the Shiba Inu (SHIB) ecosystem. The meme coin is undergoing increased volatility at the moment. But SHIB had a notable year in 2024. The asset recorded a 71% uptick during this time. As the team behind the asset continues to build and enhance its utility, the community is hoping to witness a rise in SHIB’s price. Despite the meme coin’s slow start to February 2025, can Shiba Inu record a rise?

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Diving Into The Shiba Inu Market

During the time of writing, SHIB was trading at $0.00001606. The asset recorded a 1.67% drop over the past 24 hours. But, it is worth knowing that the meme coin surged by nearly 12% throughout the past week.

Following its latest fall, Shiba Inu is 82% below its all-time high of $0.00008845. The meme coin claimed this peak back in 2021 during its initial stages. It should be noted that since its origin SHIB has surged by 19399619.19%.

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Looking into the current market of the meme coin, a majority of its holders were enduring a loss. According to data from IntoTheBlock, about 54% of the meme coin holders were under a loss. Meanwhile, 42% of them were making money at SHIB’s current price. A slight increase in price during the month of February could increase the percentage of holders in profit.

Is February a Bullish Month?

Data from CoinCodex highlights a positive scenario for Shiba Inu. According to market projections, Shiba Inu might increase by much to 16.09% in February, reaching an average price of $0.00001864 for the month. The expected range of price fluctuations is between $0.00001410 and $0.00003312. When compared to the present price, this trend may provide a potential return of 106.30%.

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