Shiba Inu (SHIB), the second-largest meme coin, holds a market capitalization of about $7.64 billion and is trading around $0.00001297 as of mid-September 2025. With the final quarter of the year approaching, traders and analysts remain divided on where SHIB price will stand by December. Forecasts range from a retest of $0.00001 to speculative calls of $0.00032, while some voices on social media have even floated the idea of $0.01.
Independent traders have published sharply different outlooks for SHIB's year-end price. Crypto trader Polaris_xbt argued that SHIB's months of sideways trading resemble an accumulation phase. He noted that the token has held support near $0.00001 despite repeated tests. He interprets this as a sign that buyers are defending that level. Based on this pattern, he projected SHIB could rally toward $0.00003396, which would be its highest level since April 2023.
Analyst LuckSide has taken a different approach. He emphasized that Shiba Inu has remained resilient in a difficult market, pointing out that the token has not "added a zero" to its price as some expected. According to LuckSide, fundamentals such as whale accumulation and the steady transfer of SHIB tokens from exchanges into private blockchain wallets have supported its stability. He argued that these signs set the stage for a potential boom.
For LuckSide, the missing ingredient is retail adoption. Fro his point of view, meme coins like SHIB depend heavily on retail traders downloading apps, funding exchange accounts, and driving momentum. Without this inflow, he believes SHIB could climb only modestly, perhaps to $0.00003 by September. However, if retail investors return in force, he expects SHIB could "drop a zero" from its price and surge to $0.0001 or higher. This would mark a new all-time high for the token. LuckSide added that supply shocks and fear of missing out could amplify such a rally, though he warned that the window of opportunity is narrowing. In his view, the market must take off by late 2025 or early 2026 for these targets to hold.
Even more optimistic is the forecast from an anonymous trader posting under the name Crypto_Twittier, who predicted that SHIB could trade between $0.00017 and $0.00032 in the last quarter of 2025. He linked this outlook to expectations of a broad altcoin rally. He also suggests that Shiba Inu could ride momentum if market conditions turn strongly positive.
Fresh data from Shibburn shows why supply remains at the center of these debates. Since launch, about 410 trillion SHIB tokens have been destroyed. However, the circulating supply still stands at 584 trillion. In the past 24 hours, only 69,777 tokens were burned, witha burn rate of just -0.01%.
At that pace, reductions are too small to meaningfully affect supply in the near term. Traders who hold more cautious or moderate views often cite these figures as evidence that extreme forecasts depend on conditions that are unlikely to materialize without drastic changes to SHIB's burn mechanisms.
Despite the cautious data, speculation about a far higher price continues online. An X post from @cryptoshibs asked followers whether SHIB could reach $0.01 by the end of 2025, drawing nearly 19,000 views. Market watcher responded that such a target is out of reach with the current supply. Crypto Shib argued that SHIB "needs a more aggressive burn rate" and that the enormous circulating supply is the main factor holding it back.
Shiba Inu price reached its all-time high of $0.000086 in October 2021. This was during a period of speculative frenzy that lifted many meme coins. None of the realistic 2025 forecasts expect SHIB to retest that level by December. The most moderate targets, such as $0.00003, would represent a gain of more than double from today's SHIB price but remain far below the 2021 peak. Even bullish calls of $0.0001 or higher only slightly exceed the historical record. This underscores how steep the climb would need to be for SHIB to revisit past highs.