SHIB ETF Speculation Grows, Price Up 25% Since March
Key Takeaways
The discussion about a potential Exchange Traded Fund (ETF) for Shiba Inu (SHIB) is gaining momentum. A leading figure from the SHIB ecosystem has brought up the idea of an ETF, sparking speculation about a possible price increase. However, there are currently no official applications for a SHIB ETF. Despite low selling activity and high accumulation, network activity remains at a low point.
Will a SHIB ETF Become a Reality?
So far, there is no official application for a SHIB ETF with the U.S. Securities and Exchange Commission (SEC). Dogecoin (DOGE) is currently the only memecoin being considered for a spot ETF. However, market forecasts indicate a 72% probability that a memecoin ETF will be approved by the end of 2025. If a SHIB ETF follows, it could have a significant impact on the price.
Market Data: Low Selling Activity and High Accumulation
Selling activity on crypto exchanges has dropped to a record low. Between December and March, over 50 trillion SHIB were withdrawn from exchanges, indicating increased accumulation. The total supply outside of exchanges rose from 855 trillion to 901 trillion SHIB. This suggests that many investors are betting on a future price increase.
Decline in Network Activity
Despite positive market data, there is a noticeable decline in network activity. The number of active addresses has dropped to around 4,000, compared to nearly 20,000 in December. This represents a fivefold decrease in user interest. If this trend continues, a sustainable recovery of the SHIB price could be at risk.
Price Development and Possible Resistance Levels
Since the low point in March 2025, the SHIB price has increased by 25%. Currently, the price is fluctuating between $0.000012 and $0.000020. If the price breaks through the resistance at $0.000016, a further increase of 47% to $0.000020 could be possible.
Our Assessment
Speculation about a SHIB ETF has reignited interest in the memecoin. While low selling activity and high accumulation suggest a potential price increase, weak network activity remains a risk factor. If investor interest rises again and an ETF application is officially submitted, this could trigger a sustainable upward trend. Until then, SHIB remains a speculative investment with high risk.
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| Symbol | DOGE |
| Coin type | Alt Coin |
| Transaction Speed | Medium |
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