Shiba Inu Price Surge: Can SHIB Token Burns Really Push It Toward $1?

Is the Shiba Inu price surge sustainable? Let’s discover if SHIB token burns and bullish momentum are enough to reach the dream!
The Shiba Inu price surge has stolen the show once again, creating new euphoria in the cryptocurrency community. After weeks of stagnation and lacklustre movement from the market as a whole and from Shiba Inu itself, the SHIB has blasted off from these lows with palpable force. With retail and institutional investors finally starting to look at Shiba Inu again, there is a growing hope that the current price action can be sustained long enough to allow the token to move up to the dollar dream price. While the price action, once again, is encouraging, the potential future trajectory towards that magic number is not without challenges. As the price of Shiba Inu continues to rise, now is a good time to step back and separate the euphoria of the token from the reality of SHIB’s climb, and identify the actual forces behind the price rise.

How Strong Is the Current Shiba Inu Price Surge?

Shiba Inu (SHIB) live price is at $0.000013756, marking a price increase of 1.37% in the last 24 hours. There was an increase in the trading volume by 21.42% to $313.13 million, which is promising for renewed interest from investors. The SHIB price increased by 16.21% over the last 7 days, which has placed Shiba Inu among the top-performing mid-cap cryptocurrencies. Analysts believe that the momentum behind SHIB is due to overall increased optimism and appetite towards altcoins. The excitement around the Shiba Inu price surge must translate to buyers to overcome technical hurdles to help avoid adversity due to ongoing SHIB price resistance levels.

Chart 1 – SHIB/USDT Live Price, Published on TradingView on April 27th, 2025

Is SHIB Token Burn Enough to Drive Shiba Inu to $1?

One of the major strategies supporting the long-term vision for Shiba Inu involves the SHIB token burn mechanism. By reducing the overall supply, the aim is to create scarcity and potentially increase value. Yet, achieving the dream price of $1 remains an extraordinary challenge given SHIB’s massive token supply. Currently, Shiba Inu has an outstanding supply of approximately 589.5 trillion tokens. To reach $1 without inflating the market cap to impossible levels, 99.9987% of the total supply would need to be burned, reducing it to around 7.77 billion tokens. At the present burn rate, around 15.64 billion tokens were destroyed in March 2025 alone, but at that pace, it would take over 3,100 years to reach the necessary supply reduction. 

Where Are the Major SHIB Price Resistance Zones?

Despite the ongoing enthusiasm, Shiba Inu faces critical obstacles in the form of SHIB price resistance levels. According to data from IntoTheBlock, more than 22.7 trillion SHIB tokens are concentrated between the price range of $0.00001293 and $0.000015. These tokens are held across approximately 49,000 accounts, most of which are currently “out of the money.” Many holders will likely be sitting and waiting for the opportunity to sell if they can get their investment back to breakeven, creating a huge potential sell wall. For Shiba Inu’s rally to continue it has to break this zone with buying pressure. If it cannot do this, we may be look at a price retracement similar to other rally attempts. It is very important to know these key SHIB price resistance levels for anyone tracking the price of Shiba Inu.

Can SHIB Overcome Its Supply Excess for a Lasting Rally?

As the market looks ahead, the big question remains: can Shiba Inu absorb the looming supply excess and maintain the current bullish momentum? If the SHIB community continues to support aggressive burning initiatives, while demand from new investors remains strong, SHIB could potentially transform temporary excitement into a more durable uptrend. However, a cautious approach is necessary. While the Shiba Inu price surge paints an optimistic picture, the token must prove it can hold above key resistance points and continue reducing supply meaningfully through the SHIB token burn strategy. Only then can investors truly start dreaming about longer-term gains.

Shiba Inu’s Journey to $1 is an Uphill Battle

The Shiba Inu price surge has rekindled investor enthusiasm, shining a light on the possibility of greater achievements for SHIB in 2025 and beyond. Yet, the path to $1 is paved with steep challenges, including an enormous token supply and heavy SHIB price resistance levels. While the SHIB token burn remains an essential strategy, its current pace falls dramatically short of what is required. Investors and fans of Shiba Inu should stay hopeful but realistic, focusing on short-term technical milestones rather than lofty distant targets. One thing is clear: SHIB’s resilience, community strength, and strategic developments will continue to keep it at the heart of crypto discussions.

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