Will token burns spark a comeback?

Shiba Inu hasn’t been in the best shape lately. Over the past year, the meme coin has dropped by around 40%. While things seemed to improve a bit for SHIB in April 2025, what’s next?

Is Shiba Inu a good investment? What can we expect for the SHIB token this month? To stay up to date, check out our Shiba Inu price prediction for May 2025.

What is SHIB?

Shiba Inu (SHIB) is a meme coin that features the Shiba Inu dog breed as its mascot. It also offers its own ecosystem, which includes several other crypto assets, the decentralized exchange ShibaSwap, and a layer-2 network called Shibarium.

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The Shiba Inu token was created by an anonymous developer named Ryoshi on July 31, 2020, with the goal of building a decentralized community free from outside control. Ryoshi also positioned SHIB as a competitor to Dogecoin, using the same Shiba Inu dog breed for branding.

Shiba Inu brings together a community of supporters aiming to challenge Dogecoin. That said, SHIB doesn’t have a unique use case. Its main applications are in traditional areas: sending tokens to other crypto addresses, contributing to liquidity pools on decentralized exchanges, and trading on those platforms. In some cases, it’s accepted as a form of payment.

What’s going to shape the Shiba Inu price prediction for May 2025?

SHIB price factors for May 2025

On April 30th, Shiba Inu’s community burned 284 million tokens in just 24 hours, aiming to reduce supply and increase the token’s value. This burn is part of a broader strategy to boost scarcity and demand for SHIB.

Led by key figures like Shytoshi Kusama and Kaal Dhairya, the burn highlights SHIB’s commitment to long-term value growth. Shibburn’s founder noted that this move is crucial for the coin’s future.

The burn’s immediate impact could lead to higher demand and potentially drive up SHIB’s price. With the burn process becoming more automated, it could offer consistent supply reductions and strengthen investor confidence in SHIB’s market position.

What’s the current trend SHIB’s price, and what’s the Shiba Inu coin price prediction for the short term?

Shiba Inu crypto price prediction: general outlook

The current price of Shiba Inu (SHIB) is $0.0000127, as of May 5, 2025. Over the last 24 hours, the price has moved by -2.2%, with a change of -0.46% in the past hour. For longer-term performance, the price has varied by -8.86% over the last 7 days and by 2.83% in the past month.

SHIB’s recent ups and downs reflect what’s going on in the wider crypto space — uncertainty is everywhere. Prices have taken a hit lately, but there’s also a spark of optimism thanks to rising investor interest and some exciting updates from the Shiba Inu team. The recent 284 million token burn on April 30, combined with progress on the Shibarium layer-2 network, shows the community’s commitment to long-term value creation and utility.

Still, SHIB remains a high-risk, high-volatility asset. Its price is heavily influenced by speculative trading, social media trends, and general sentiment in the meme coin space. While technical improvements and ecosystem expansion could support gradual growth, sustained gains will likely depend on broader market recovery and continued community engagement.

In short, SHIB is showing some signs of life — but its future remains closely tied to market cycles and ongoing adoption efforts.

What does the SHIB price prediction for May 2025 look like according to analytical sites? Will Shiba Inu go up or down?

Shiba Inu price prediction: May 2025

CoinCodex gave a slightly negative Shiba Inu price prediction for May 2025, expecting the coin to drop to $0.00001319 by May 31. The site’s technical analysis was neutral overall, with 12 indicators showing bearish signals and 16 showing bullish ones.

Wallet Investor was more optimistic in its Shiba Inu price forecast, suggesting that SHIB could have a positive month, with the price potentially climbing to a maximum of $0.0000152 by mid-May 2025.

DigitalCoinPrice had a more cautious projection for SHIB. Looks like SHIB might just stay put near $0.0000135 this May, without much movement either way.

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Should you invest in Shiba Inu? That ultimately depends on your risk tolerance and expectations for SHIB. Recently, the token has shown signs of recovery, fueled by efforts from the community, such as large-scale token burns. Price predictions for May 2025 are mixed — ranging from modest gains to slight declines — highlighting the uncertainty that still surrounds the coin.