Shiba Inu (SHIB) is Back in the Spotlight
Shiba Inu (SHIB) is back in the spotlight after crypto analyst Master Ananda revealed that the token is starting a new bullish phase, even stronger than the rally in early 2024. In his latest analysis, he highlights that SHIB’s long-term chart structure is now showing bullish signals that cannot be ignored.
SHIB has finally rebounded by recording three consecutive weeks in the green after peaking in March 2024 and going through a series of healthy corrections. Master Ananda stated that if this week can close over the $0.000012500 barrier, final confirmation of the 2025 bull market will have definitely occurred.
Source: Master Ananda on TradingView
Shiba Inu Token Has the Potential to Skyrocket Up to 1,479%
Just imagine if this is the beginning of a much bigger wave of growth. Master Ananda predicts that this increase could see SHIB soar up to 894% to $0.000139, with the potential for a new All-Time High (ATH) at $0.000220 — representing an increase of around 1,479%.
Interestingly, according to him, there is a chance that the market is actually underestimating SHIB’s current potential. In other words, what is being formed could be greater than general expectations. On the other hand, the four-year market cycle that follows the rhythm of Bitcoin halving is believed to remain the main pattern in major movements like this.
Shibarium’s Big Role in SHIB’s Rise
Furthermore, the Shiba Inu ecosystem does not just rely on price momentum. CNF previously reported that Shiba Inu’s Shibarium DApp Store had been officially launched, presenting more than 1,200 decentralized applications on their network.
This is not just a number, because with the support of roll-up technology on the Layer 2 blockchain, Shibarium has succeeded in reducing gas costs while speeding up transactions. In fact, on April 3, 2025, Shibarium had recorded more than 1 billion transactions with 10 million blocks processed without major disruptions.
Not only that, the token burning mechanism running on Shibarium is also believed to strengthen SHIB’s scarcity in the long term.
Challenges in Shiba Inu’s Development
However, Shiba Inu’s rapid development is not without challenges. Last week, Kaal Dhairya, one of Shiba Inu’s developers, warned the community against false claims about the TREAT token launching on Solana and Base.
Dhairya emphasized that TREAT is only officially available on Ethereum, while the X account “Shiba Inu Treat” that was previously circulating was hacked to spread misleading information. This is a stark reminder that even a project as big as Shiba Inu must remain vigilant against external threats.
Also, in early 2025, Shiba Inu’s lead developer, Shytoshi Kusama, introduced an interesting concept on a podcast: the “Shib Network State.”
This concept describes Shiba Inu as a kind of digital entity that meets the criteria for statehood according to the Montevideo Convention. In it, four key tokens — SHIB, BONE, LEASH, and TREAT — serve as pillars of community, technology, legality, and innovation, respectively.
Meanwhile, as of press time, SHIB is swapped hands at about $0.00001376, down 6.40% over the last 24 hours.