Shiba Inu (SHIB) Market Dynamics and Recent Developments
Shiba Inu (SHIB) has experienced significant volatility in recent days, reflected in sharp price movements, large‑scale token burns, and heightened security concerns. The following points summarize the key developments as reported by multiple sources on 9–11 October 2025.
1. Price Movements and Technical Levels
- Current Trading Price – As of 9 October 2025, SHIB was trading at approximately $0.00001197, only slightly above the weekly low of $0.00001180.
- Four‑Month Low Alert – By 11 October 2025, the token was approaching a four‑month low, prompting traders to question whether the decline indicates a broader trend.
- Potential Breakout – Analysts on 10 October 2025 suggested that SHIB could reach a 10‑fold increase and potentially retest its former all‑time high of $0.000033289.
2. Token Burn Activity
- Massive Burn Events – On 11 October 2025, a burn of 9.7 million SHIB tokens was reported, representing a burn‑rate increase of 13,120 %.
- Additional Burn Metrics – Earlier that same day, another report noted a burn rate of 11,822.57 %, with 9,782,588 SHIB destroyed.
- Supply Impact – Following the burns, the total supply was reported as 589,247,537,900,558 tokens.
3. Liquidity and Market Participation
- Liquidity Decline – A report on 9 October 2025 indicated that exchanges had withdrawn 142 billion SHIB from liquidity pools, suggesting a rapid decline in available trading capital.
- Consolidation Risks – Analysts warned that the current consolidation could end abruptly, potentially leading to an explosive price rally once liquidity is restored.
4. Security Alerts and Phishing Scams
- Phishing Campaigns – Influencer Susbarium issued a warning on 9 October 2025 about a phishing scam targeting SHIB holders.
- General Caution – Additional alerts on 8 October 2025 urged users to avoid unknown websites promoted through unsolicited tokens, reinforcing the need for vigilance.
5. Market Context and Comparative Performance
- Relative Performance – On 9 October 2025, Floki (FLOKI) was noted to outperform both Dogecoin and SHIB, rising by 10 % following the introduction of its first European ETF.
- Market Structure – A 11 minute prediction on 11 October 2025 highlighted potential instability in market structure, with multiple thresholds possibly breached.
6. Summary of Key Metrics (as of 9 October 2025)
- Close Price: $0.00000976574
- 52‑Week High: $0.000033289 (12 December 2024)
- 52‑Week Low: $0.00000744783 (9 October 2025)
- Market Capitalisation: $5,973,765,575.464
The combination of large token burns, liquidity withdrawals, and security warnings creates a volatile environment for SHIB. While analysts foresee a potential breakout, the current market conditions suggest that investors should monitor liquidity restoration and security updates closely.