Recently, SHIB's performance has indeed been worth paying attention to. Since the beginning of the year, it has increased by 32%, trading volume has surged by 111% week-over-week, and the top 10 wallets control 62.65% of the circulating supply, indicating that institutional investors are quietly accumulating.

The Shibarium ecosystem is showing obvious development momentum. Daily active users have exceeded 1.2 million, on-chain transaction counts have surpassed 1 billion, and participation in the burn mechanism has also increased, with the 24-hour burn rate soaring to 3000%. Meanwhile, the futures market remains active, with open interest exceeding $109 million, reflecting bullish market sentiment towards this project.

On the functional level, SHIB is gradually improving its ecosystem matrix. Supporting cross-chain swaps, integrating privacy encryption technology, and opening Visa payment channels—all these measures are transforming SHIB from a simple meme coin into a token with practical application scenarios. On-chain transaction data and social discussion volume have increased by 42% week-over-week, further confirming the rising market attention.

Currently trading at $0.0000127, many analysts believe it may bottom out at around $0.00009 within the year, but this expectation is based on the continuous development of the ecosystem and market sentiment. Interestingly, retail investors are still catching up in their understanding, while institutional funds have already quietly started to position themselves.