On October 4, 2025, the Shiba Inu (SHIB) cryptocurrency maintained a stable price of approximately $0.000012, with no official price predictions issued by the Shiba Inu leadership, including lead developer Shytoshi Kusama. Despite this, the community exhibited cautious optimism, driven by a 5.65% weekly increase in SHIB's value and ongoing Shibarium ecosystem updates, though no major catalysts or staking inflows were reported.
An anonymous contributor from the Shiba Inu development team noted, "Current on-chain data shows a 5.65% increase this week, reflecting positive sentiment, but no official price predictions are being issued." Historically, SHIB has seen price spikes of 20–40% during ecosystem launches, but current conditions suggest a focus on long-term development over short-term gains.
Technical analysis from secondary sources indicated a 0.54% rise over 24 hours, with SHIB trading at $0.00001243. Key support levels were identified at $0.00001239, with potential for a bounce to $0.00001270 or a breakout to $0.00001350 if resistance at $0.00001306 is breached. Midterm projections favor sideways trading between $0.000012 and $0.000013, reflecting accumulated energy for future moves.
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