Shiba Inu is one of the most popular meme coins, but it’s more than just hype. It was built on the Ethereum blockchain, which means it depends a lot on how Ethereum performs. When Ethereum does well, SHIB usually follows. When Ethereum struggles, SHIB often slows down too.
Right now, Ethereum is trading around $2,500. That’s still far below its all-time high from 2021, which was just over $4,800. So far in this bull run, Ethereum hasn’t been able to break that level. The market is slowly heating up again, but many tokens, including SHIB, are still waiting for a bigger push.
SHIB is currently priced at $0.00001235. It has been moving sideways for weeks. There’s been some excitement here and there, but overall, the price hasn’t made any big jumps. Still, it’s holding above key support, and many traders are watching closely to see what happens next.
If Ethereum finally breaks above $4,000 in 2025, it could spark a strong rally in many altcoins. SHIB would likely benefit from that. If momentum picks up, SHIB could climb by about 50% from where it is now. That would put it somewhere near $0.000018 or $0.000022. These levels acted as resistance in the past, so they would be important to watch again.
If the breakout is stronger and more volume comes in, the SHIB price could go even higher. A move toward $0.000033 is possible in that case. That price was last seen in late 2024 when SHIB had a short but sharp rally. Getting back to that range would signal that SHIB is entering a new bullish phase.
If the crypto market really catches fire and investors return in full force, SHIB could even aim for $0.000040 or slightly above. But that would take serious buying power, lots of positive news, and Ethereum holding above its new highs. It’s not impossible, but it would take a lot to get there.
At the same time, there are risks. If Ethereum stays below $3,000 or fails to break out, SHIB may remain stuck. The connection between these two coins is strong, and SHIB usually doesn’t move on its own. Without help from Ethereum, it’s hard to imagine SHIB breaking resistance by itself.
In simple terms, SHIB’s path forward depends heavily on Ethereum. If Ethereum finally breaks through $4,000, SHIB could see a big move. But if Ethereum gets rejected again, SHIB might just continue drifting sideways. For now, all eyes are on ETH – and SHIB is waiting for its moment.
Read also: Here’s the PEPE Price If It Flips Shiba Inu by Market Cap
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