SHIB price has declined significantly over the last 24 hours. A movement on the chart happened after Shiba Inu reportedly burned fewer tokens during the same timeline and over the last 7 days. Nevertheless, SHIB is expected to reverse the pattern in the next 3 months with an estimated surge of over 14%.
SHIB price has fallen by 3.96% over the last 24 hours, taking it to $0.000008672 at the time of writing this article. Even the 24-hour trading volume has dipped by 36.58% to approximately $132.39 million. Shiba Inu, with this, has now noted a 1-day red trade with a variable plunge.
Source: CoinMarketCap
This comes hours after it was reported that Shiba Inu has broken higher from weekly support. SHIB reportedly bounced from $0.0000068 with a 32% jump at that moment. The low margin was noted on December 31, 2025; however, the rebound since then has set up the foundation for a bull run in the future.
It was last reported that only 1,319,354 tokens were burnt in 24 hours, down by 12.73%. SHIB, in the last 7 days, has seen a reduction of 34,819,938, down by 82.12%. The total supply now stands at 589.5 trillion, with the market cap of over $5.11 billion when this piece is being drafted.
A reduction in the burn rate could be a reflection of the fact that Shiba Inu dropped a zero after 56 days. This took the trading value to $0.00001 after there was a buying pressure which pushed its price above the 100-day EMA. SHIB price eventually reversed the movement on the chart to add the zero back to its value.
The token is now anticipated to surge between 15.52% and 14.27% in the next 3 months. This translates to $0.000009978 and $0.000009870, respectively. Both values are applicable for a time window of 1 month and 3 months, applicable in the same order. Volatility around the token is high at 8.39% with overall bearish sentiments evident from the FGI rating of 28 points.
The short-term SHIB price prediction is bullish. Chances are, it could culminate into long-term optimism by sustaining the current scenario. Needless to say, tariff threats could add more dynamism and volatility to the global crypto market.
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