Shiba Inu’s latest price was $0.00001326, up 0.804% in the last 24 hours. Shiba Inu is actively working on a privacy-focused identity system called Shib Identity to address the risks posed by quantum computing. The project has acknowledged the increasing threat of quantum computing to users’ data and has taken steps to mitigate these risks. Shiba Inu’s long-term defense plan includes the development of Shib Identity, a purpose-built identity system designed to ensure digital sovereignty. This system allows users to have full control over their privacy and data access, utilizing Fully Homomorphic Encryption (FHE) technology. FHE enables encrypted data to be processed without exposing identity credentials during verification, providing resilience against both current and future quantum computing threats.
To further enhance the Shib Identity system, Shiba Inu has partnered with Zama, a France-based cryptography company specializing in FHE. Zama recently launched its public testnet for the Confidential Blockchain Protocol, which offers full transaction data encryption even from node operators. This partnership is seen as a significant step in building a quantum computing-resistant tool within the Shiba Inu ecosystem. The Shib Identity will be accessible through the TREAT token, although the specifics of how this integration will work have not been fully disclosed. The project is part of a broader effort to prepare the Shiba Inu ecosystem for the eventual arrival of quantum computing.
In addition to the Shib Identity project, Shiba Inu has been actively developing other initiatives within its ecosystem. The project recently launched the Shib Alpha bridge, which updates its cross-chain infrastructure by connecting it to its Layer-3 network, Shiba Alpha Layer. This development is part of a broader strategy to transition from a basic memecoin to a utility-driven protocol. Other initiatives include the launch of Shibarium Layer-2, several tokens, and Shib Finance, all aimed at enhancing the utility and functionality of the Shiba Inu ecosystem. These efforts reflect the project’s commitment to evolving beyond its memecoin origins and establishing itself as a more comprehensive and functional blockchain platform.
Despite these developments, the Shiba Inu ecosystem continues to face challenges. The large supply of 589 trillion tokens and a relatively low burn rate have limited the token’s utility within the ecosystem. The presence of other ecosystem tokens, such as TREAT and BONE, has also contributed to divergence in performance among the tokens. However, the project remains focused on its long-term goals and continues to innovate and adapt to the evolving landscape of blockchain technology.
Shiba Inu has also been in the spotlight due to significant whale activity, with over 1.28 trillion tokens being scooped up in just 24 hours. This large-scale move has sparked reactions from analysts and key voices within the SHIB community. Lucie, the lead marketing strategist for the Shiba Inu ecosystem, highlighted the surge, citing on-chain data. The buying activity coincided with SHIB reclaiming a key level, which has reignited bullish sentiment across the market. Analyst Luckside Crypto suggested that there is growing investor confidence and long-term accumulation on SHIB, noting that the available SHIB supply on exchanges has dropped to its lowest ever recorded. This outflow has led to a significant imbalance between long and short positions, with a 17% imbalance to the long side, a level never seen before for Shiba Inu. Despite the technical momentum and whale interest, retail participation remains limited, but the fundamentals continue to strengthen, with a record number of holders and a significant amount of tokens burned in a short period.
Shiba Inu’s journey from 2022 to 2025 has been marked by dramatic price movements. In late 2024, the token skyrocketed from near-zero levels to a peak of $0.000735, representing an 87,000% gain in a matter of weeks. However, the momentum faded just as quickly, with SHIB beginning a steep correction soon after its all-time high. The price retraced sharply, wiping out most of its gains and leaving many investors with heavy losses. Analysts have spotted several key technical signals, including a “breakout,” a “retest,” and “hidden bullish divergence,” which suggest that the downtrend could be losing strength. Recent analysis shows that SHIB has broken past a major descending trendline, signaling a shift from bearish to bullish sentiment. This breakout often triggers a strong rally, and technical traders are positioning for a possible breakout confirmation. Additionally, over 75 billion SHIB tokens exchanged hands during this period, confirming significant interest from both retail and whale traders and indicating strong liquidity, which can help support upward price movement.
Shiba Inu has entered a new technical phase in 2025 after breaking a long-standing resistance trend. This breakout followed more than a year of downtrend pressure, marking a major shift in the token’s price behavior. With the target of $0.000081 still active, recent market data continues to support a bullish price structure. Market analysis shows consolidation above the former resistance zone, now functioning as a key support level. Technical patterns and timeline developments remain consistent with the upward projections first reported earlier this year. The data shows SHIB moving through a descending trend that lasted for a while. This downtrend began in early 2023 and extended into 2025 before a clean breakout occurred. A rounded bottom formed at the end of the pattern, followed by a breakout and quick retest of the zone. That retest aligned with a hidden bullish divergence, indicating market strength during the recovery phase. The price began building higher lows from that point forward, establishing a fresh support structure that has held for months through mid-2025. In late June 2025, market analyst maintained the breakout target of $0.000081 for $SHIB. This level remains unchanged since the initial breakout. According to Marks, price action has positioned itself for over a 500% upside from current levels. He added that post-breakout strength could push $SHIB beyond the $0.000081 target. The next projected level is $0.0001553, which would mark a 609% gain from the breakout zone.
Shiba Inu is entering a pivotal phase as whale activity intensifies, signaling potential market volatility ahead. Recent on-chain data reveals that a small group of high-activity addresses now control a significant portion of SHIB’s circulating supply, raising questions about future price movements. According to COINOTAG, the surge in large holdings indicates that these whales are preparing for significant market movements. The concentration of SHIB in the hands of a few large holders could lead to increased volatility, as these whales have the potential to influence the market with their trading activities. This development highlights the importance of monitoring whale activity and understanding its impact on the overall market dynamics of Shiba Inu. As the ecosystem continues to evolve, it will be crucial for the project to address these challenges and ensure the stability and growth of the Shiba Inu community.
Shiba Inu has entered a significant phase as on-chain data reveals that large-scale holders, often referred to as whales, have intensified their accumulation of the token. This development suggests increased influence over the token’s distribution and liquidity dynamics, positioning it at a pivotal juncture for its ecosystem.
In a notable move highlighting community engagement, Shiba Inu witnessed a substantial token burn event, with 1 billion SHIB destroyed within 24 hours. Concurrently, the token’s adoption expanded, reaching a milestone with the number of holders climbing to a record 1,521,014, reflecting broader interest and participation in its network.
Technological advancements for Shiba Inu include the announcement of a new security-focused initiative aimed at future-proofing user interactions. Specifically, the development of Shib Identity is underway, an innovative identity system designed to provide quantum-resistant protection against emerging computational threats, demonstrating ongoing upgrades in the project’s infrastructure.
