ShibOS is a collection of rollup layers designed to enhance the Shiba Inu ecosystem by adding various features and functionalities.
SHIB rose 2.5% today, breaking a seven-day losing streak that saw its price dip as low as $0.00001234 earlier this week.
However, at $0.0000131, Shiba Inu is still down 10% over the past two weeks, remains flat for the month, and has declined 47% over the past year.
While this performance may be disappointing for a top-30 coin, Shiba Inu has several promising developments on the horizon that could drive its price higher.
Notably, the upcoming launch of the Web3 layer ShibOS and rumors of a token burn are fueling optimistic long-term SHIB price predictions.
Can SHIB Still 10x in 2025? Token Burn and ShibOS May Be the Catalyst
Unveiled in January, the Shib Operating System will consist of multiple rollup layers designed to enable developers to create applications within the Shiba Inu ecosystem.
Although there’s no official launch date for the OS yet, the available details suggest it could be a game-changer for Shiba Inu once it goes live.
The platform will feature multiple layers, including an ‘Alpha Layer’ for high throughput, privacy and identity layers, a social network, a DAO, voting protocols, a reward system, and a tournament platform.
All these elements promise to add significant utility to Shiba Inu, fueling growing optimism within the community about the potential positive impact on the coin’s price.
Meanwhile, speculation has emerged around a possible major SHIB token burn, although no concrete source has confirmed this.
That said, Shiba Inu regularly conducts token burns, which have become more frequent since the launch of the layer-two network Shibarium in August 2023.
Looking at SHIB’s current chart, it appears the token may be nearing a bottom, with signs pointing toward a potential bullish reversal.
The RSI (purple) has just rebounded from below the 40 level, while the 30-day moving average (orange) has remained below the 200-day moving average (blue) for several months, indicating that the coin is due for a strong recovery.
As a result, SHIB could reach $0.0000150 within the next few weeks, and a significant token burn might propel it to $0.000020 by July.
New Alternative Meme Coins with Strong Fundamentals
If Shiba Inu feels a bit lackluster right now, some traders might turn their attention to newer meme coins, which often outperform the broader market.
This is especially true for fresh tokens in their early growth stages, with presale coins frequently showing strong potential.
Successful presales can lead to significant rallies when these tokens debut on exchanges, and one promising candidate in this space is Snorter (SNORT).
Operating on both Ethereum and Solana, SNORT launched its presale last week and has already raised over $350,000.
The token is gaining traction, boasting 10,000 followers on X, but it’s far from just another typical meme coin.
SNORT is also a trading bot designed to snipe tokens before they surge, helping traders stay ahead of market moves.
Its features include automated sniping, MEV-resistant atomic swaps, limit orders, copy trading, and protection against rugpulls and honeypots.
These capabilities make it one of the most advanced trading bots in the crypto space, which helps explain the rapid growth of its presale.
Investors can participate in the sale by visiting the Snorter website, where SNORT is currently priced at $0.0939.
The price will increase incrementally every few days until the sale concludes, so interested buyers are encouraged to act quickly.
SHIB Price Prediction
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