SHIB Price Prediction: 78% of Investors Still Holding – Is a Massive Reversal Brewing?
By: crypto news|2025/05/09 11:45:01
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The Shiba Inu (SHIB) price saw a massive rally on Thursday in tandem with the broader cryptocurrency market as a new USA/UK trade deal sparked optimism that Trump’s trade wars could soon draw to an end, while the strong resolve of SHIB holders is boosting optimism that the bottom might be in. The SHIB price rallied back to $0.000014 on Thursday, a 12% jump on the day, taking the meme coin to nearly 40% above its early April lows. Despite recent price turbulence, data from IntoTheBlock shows that 78% of current Shiba Inu investors have been holding onto the meme coin for more than 1 year. That’s shows impressive resolve, over the course of the last year, the SHIB price has seen huge volatility, swinging from highs around $0.000033 all the way down to lows around $0.000010. HODLing over the long-term in the face of such volatility shows that investors must have a lot of belief in Shiba Inu. And the HODLers might be about to receive a major reward for their patience, with a massive SHIB price reversal higher potentially brewing.SHIB Price Prediction: Is a Massive Reversal Brewing?The USA/UK trade deal announced on Thursday was a major moment for the market. It sent Bitcoin (BTC) back above $100,000 for the first time in months, and signaled to the market that the we could be entering the end phase of Trump’s “trade war season”. US-UK Deal Summary:•US slashes tariffs on UK cars & metals•UK opens doors to US beef & ethanol•$10B Boeing deal locked•UK to review its digital tax on Big TechTrump & Starmer call it a “reset” for economic ties.This is great! China won’t like this pic.twitter.com/YLzLynbL6r— Stellar Rippler (@StellarNews007) May 8, 2025That potentially removes, or at least reduces, a major downside risk for the economy and markets more broadly. If the US and global economy can rebound from recent uncertainty, risk appetite could continue to improve. And meme coins like Shiba Inu could be some of the best placed assets to benefit. The SHIB price’s impressive 12% rally on Thursday sent the meme coin back towards the top of its recent $0.000010-15 range, and back above its 21 and 50DMA. A break above here, especially if its coupled with continued progress higher for Bitcoin, could signal the start of a bigger recovery back towards the SHIB price’s late 2024 highs above $0.30. In other words, a massive rally of more than 2x could be coming in the near-term. Could the SHIB price then proceed to rally back to the 2021 record highs? Well, the macro conditions that have historically facilitated altcoin/meme coin seasons aren’t quite there yet. Prior meme seasons have come at a time when interest rates have been very low, and central banks have been pumping markets with liquidity. Its unlikely the Fed will axe interest rates to zero and restart QE any time soon. So a full-blown meme season will need to wait. That said, the medium-term outlook for the SHIB price is very strong, and now is certainly a good time to add the asset to portfolios. Is SUBDD (SUBDD) A Better Alternative to Consider?SUBDD (SUBDD), a decentralized platform blending AI and blockchain for content creators, offers a compelling case over Shiba Inu (SHIB). Unlike SHIB, a meme coin reliant on community hype, SUBDD empowers creators with tools for monetized, transparent content via subscriptions and gated posts. Its presale has raised over $300,000, with tokens priced at $0.0551, signaling strong early interest. SUBDD’s 1 billion token supply and focus on AI-driven utility suggest scalability, with projections of $0.301 by 2025. SHIB’s ecosystem, while established, faces dilution risks. SUBDD’s innovative approach and staking rewards make it a promising, grounded investment.The post SHIB Price Prediction: 78% of Investors Still Holding – Is a Massive Reversal Brewing? appeared first on Cryptonews.
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