Shiba Inu’s Community Optimistic About Altcoin Season and SHIB’s Future

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Shiba Inu

January 24, 2025 by

  • Shiba Inu burn rate soared 600%, removing 3.2M SHIB from circulation in 24 hours.
  • Shiba Inu’s ShibOS offers 36 chambers for Web3 apps, boosting scalability and adoption.
  • Analysts predict Shiba Inu could rise 1,057%-4,895% in the next altcoin season.

The head of marketing for Shiba Inu, Lucie, feels positive about the crypto market’s direction, especially focusing on Shiba Inu (SHIB). Lucie believes the overall crypto market hasn’t started the important period when altcoins significantly outperform Bitcoin, even though Bitcoin reached a record high of $109,114 on January 20, 2025. Altcoin season usually starts when Bitcoin grows quickly, allowing other cryptocurrencies to grow faster than Bitcoin itself.

Lucie also remains hopeful that the altcoin season is around the corner, and as such, Shiba Inu may see vast gains in the process. This is consistent with market expectations that the prices of altcoins such as SHIB could rise as they did in the 2020-2021 period when Shiba Inu recorded tremendous gains.

I’m bullish because I don’t think we’ve seen an alt season yet.

The next 4 years will be interesting to witness—
maybe even another historical moment.

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) January 22, 2025

Shiba Inu’s Historic Price Surge and Future Expectations

SHIB has had significant growth in its price during the 2020/2021 bull run. The meme coin’s price rose by over 153 million percent within a year, from $0.000000000056 in August 2020 to $0.00008616 in October 2021. Several factors led to this surge such as gaining headlines on top exchanges and the burning of a massive amount of Ether by Ethereum’s co-creator, Vitalik Buterin.

While SHIB can still be bought for as low as $0.00002002 per coin today, analysts are optimistic that another big surge may be possible during the upcoming alt season. Others, such as Alan Santana and Davie Satoshi, believe that SHIB may reach new all-time highs in the next few months with the potential to touch $0.00023179 and $0.0006753.

Shiba Inu’s ShibOS

Besides its price prediction, SHIB has launched ShibOS a blockchain operating system that seeks to bridge the gap between Web2 to Web3. This system provides 36 different chambers, with each one serving a specific purpose, such as SHIB Doggy DAO, Shib Finance, Shib Events & Ticketing Engine. ShibOS brings many benefits to the community by letting users create decentralized applications for both business and personal use.

As a gasless platform with high-speed infrastructure and solutions that help bypass Ethereum’s inefficiencies, ShibOS plans to target developers and users seeking scalable and privacy-focused apps. This innovation could add more value to SHIB and improve its chances of growth as the cryptocurrency market continues to develop.

Challenges and Potential for Shiba Inu

Even with such outstanding prospects, the price of SHIB has remained rather unstable. It recently dipped below the crucial $0.00002 level in other cryptocurrencies. Nonetheless, the burn rate of SHIB has risen by 600%, and there are ongoing community efforts to support a price rebound in the future.

Shiba Inu has not fully taken advantage of the current market trends, but the ongoing supply reduction through burns and the introduction of new use cases through ShibOS may create the much-needed push for a major surge in the coming days.

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