SHIB Tanks 88% From ATH—Can April 12 Spark a Turnaround?
Shiba Inu’s price prediction for April 2025 isn’t looking particularly promising at the moment. The once-popular meme coin is still really struggling after that devastating 88% crash from its all-time high.
Also Read: XRP vs Solana: 76% vs 11% Growth Potential – Which Crypto Wins in 2025?
Shiba Inu Price Prediction April 2025: Is A Rebound Near?
SHIB is trading nowhere even remotely close to that incredible $0.00008819 peak observed back in October 2021. Through several key analytical frameworks, Shiba Inu’s price forecast for April 2025 has catalyzed concerns as it might drop another -2.19% by April 28, settling at approximately $0.00001268.
April 12: Key Date for SHIB Investors
Across multiple significant analytical models, predictions for Shiba Inu’s performance heading into April 2025 have spearheaded attention toward one particular date – April 12. Market projections have engineered expectations that the price could accelerate to around $0.00001313 that day, representing a substantial 22.15% increase from current levels. This projected movement would follow an even more impressive 31.31% surge on April 11.
CoinCodex stated:
“Following a bullish trend in the previous 30 days, May is expected to continuation this momentum. Shiba Inu’s value is forecasted to increase, potentially reaching an average price of $0.00001142. The price is predicted to fluctuate between a low of $0.00001077 and a high of $0.00001273.”
Also Read: Trump’s Tariff Chaos Wipes $6T from Markets as JPMorgan Warns 60% Chance of Global Recession
Long-Term Shiba Inu Price Forecast
For those considering longer investment horizons, numerous significant forecasting models for Shiba Inu have optimized predictions through mid-2025 with somewhat mixed results. While the immediate quarter looks rather unstable, August 2025 has distinctively emerged in various major analytical projections.
Price targets have leveraged historical data to suggest potential values reaching $0.00003254 – which would constitute an extraordinary 426.17% appreciation from today’s levels!
The critical question regarding whether Shiba Inu will go up soon remains complex and multifaceted. The token has demonstrated both remarkable potential and significant risk. It transformed from effectively zero ($0.000000000056) to extraordinary heights before the subsequent decline. Ongoing regulatory developments still evolving across global markets further compound this volatility.
Also Read: Shiba Inu: Despite Crash, $65 in SHIB Becomes $1 Million Today
Read More
Why is Curve Finance Founder Offloading CRV Amid Token and Market Recovery?
- Curve Finance founder, Michael Egorov sold significant amounts of CRV tokens over the past few months.
- The founder’s actions often have an impact on the token’s price, suggests historical data.
After the past day shook the market, prices have rebounded quite swiftly. Bitcoin, despite revisiting the $74K range, recovered quickly to the $80K range over the last 24 hours. This resulted in a recovery in altcoins, although other subsectors see a silent cloud hanging over them.
Notably, despite the lack of market activity, one particular crypto personality caught market attention. The founder of Curve Finance, Michael Egorov sold Curve DAO tokens worth approximately $108K a few hours ago. As reported by on-chain analyst, Spot On Chain, the founder offloaded 236,457 CRV.
Moreover, Egorov had been selling Curve Finance’s CRV tokens several times over the past month. Previously, on March 26, he sold 1.997 million tokens just after selling 468K CRV two days before that. The Curve Finance founder’s continuous offloading of the tokens has raised speculations. In February, Egorov’s selling triggered bearish movements in the token.
Particularly, the past day’s sale was followed through despite CRV showing significant revival over the last 24 hours. According to Arkham Intelligence data, Michael Egorov currently holds 185.436K tokens worth $86.32K approximately.
Curve DAO Token (CRV) Price Overview
In the last 24 hours, along with the market, the Curve DAO Token has also shown signs of price revival. On inferring its daily price chart, CRV depicts a 9.73% increase. In the Asian morning hours of April 7, the altcoin was trading at a low of $0.4005.
However, as bullish candles sparked, it climbed to the current $0.46 level. At the time of writing, Curve DAO Token was trading at $0.4600 as per CMC data. Additionally, if the altcoin sustains current positive momentum it might reach the $0.5 range.
On the other hand, its weekly chart depicts the existing long-term bearish trend. It shows a 12.94% price drop. However, the founder’s selling at a time of revival has raised speculations. In December 2024, Egorov faced speculations of being liquidated by on-chain monitor Peckshield alert which also saw bearish movements.
Highlighted Crypto News Today:
2024 WazirX Hack: Can 93% Creditor Support Lead to a Strong Comeback?
Read More
