Tuesday, March 18, 2025
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Shiba Inu Price Eyes Breakout as Exchange Reserves Hit Record Low and Long-Term Holders Increase

Shiba Inu (SHIB) has been in a downtrend since December 2024, shedding nearly 63% of its value over the past few months. However, despite the prolonged bearish sentiment, a key metric suggests a potential recovery, providing hope for SHIB investors. Recent data reveals that Shiba Inu’s exchange reserves have dropped to an all-time low of 93.573 trillion tokens, a sign of declining selling pressure and a shift in investor behavior. This decrease in available supply on exchanges could help SHIB break through key resistance levels, leading to a potential price rally.

Shiba Inu

Shiba Inu

Shiba Inu Price Targets $0.000081 as Exchange Reserves Decline

According to CryptoQuant data, Shiba Inu’s exchange reserve now stands at 93.573 trillion tokens, accounting for just 15.88% of the circulating supply. This metric tracks the total amount of SHIB held by major cryptocurrency exchanges such as Binance, Coinbase, and Crypto.com. The continued decline in these reserves suggests that more investors are moving their SHIB holdings into private wallets, a strong indicator of long-term accumulation rather than short-term speculative trading.

When exchange reserves decrease, liquidity on exchanges drops, reducing the number of tokens readily available for selling. This shift in supply and demand dynamics can create an environment where buying pressure outpaces selling pressure, leading to a potential price breakout.

Rising Investor Confidence and Long-Term Holders Surge

In addition to the decline in exchange reserves, long-term holders of Shiba Inu have continued to increase. Data from IntoTheBlock reveals that the number of addresses holding SHIB for over a year has reached a new peak of 1.09 million. This surge in long-term investors is a bullish signal, as it indicates that a significant portion of the SHIB supply is being held rather than actively traded.

Historically, an increase in long-term holders stabilizes asset prices by reducing sell-side pressure, as these investors are less likely to panic-sell during short-term volatility. This shift in investor behavior suggests that Shiba Inu may experience stronger price stability, paving the way for a sustained recovery.

Shiba Inu Price Prediction: Can SHIB Hit $0.000081?

Shiba Inu’s price has shown early signs of recovery after reaching a support level of $0.00001201 on March 14, 2025. Following this level, SHIB has rebounded 10% to reach $0.00001322, suggesting that buyers are stepping back into the market.

According to crypto analyst Javon Marks, Shiba Inu’s next major price target is $0.000081, representing a nearly 500% upside from current levels. However, before reaching this ambitious target, SHIB must first break past key resistance levels, particularly the $0.00001380 mark.

Factors That Could Support a SHIB Breakout

  1. Reduced Exchange Liquidity

    • With exchange reserves hitting record lows, the available SHIB supply for trading is shrinking. This reduced liquidity could increase price volatility and help SHIB break through resistance levels.
  2. Technical Indicators Favoring a Bullish Reversal

    • Analysts suggest that SHIB’s momentum is shifting in favor of buyers. If the current recovery continues, it could trigger a rally that pushes the price higher.
  3. Bullish Market Sentiment for Meme Coins

    • Another crypto analyst predicts a 2x to 3x rally for Shiba Inu in the coming weeks. If buying pressure remains strong, SHIB’s price could surge toward its next key targets of $0.0000280 to $0.000032 within the next two months.

Final Thoughts: Can SHIB Breakout in 2025?

Despite recent losses, Shiba Inu’s on-chain metrics suggest that a reversal may be on the horizon. The record-low exchange reserves, growing long-term investor base, and technical indicators signaling a recovery all point toward a potential price surge. However, SHIB must overcome key resistance levels and maintain momentum to validate this bullish outlook.

If market conditions remain favorable, Shiba Inu could be on the path to a major breakout, with analysts targeting $0.000081 as a long-term goal. However, investors should remain cautious, as macro trends, investor sentiment, and broader crypto market movements will ultimately determine whether SHIB can sustain a bullish rally.

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crypto & nft lover

Johnathan DoeCoin

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