Let’s Break Down And Explore The Latest Shiba Inu (SHIB) Price Predictions By Top Crypto Experts; Why A 50% Drop In Price Seems Likely This Year

Shiba Inu (SHIB) might be on the verge of a major downturn. Some experts predict its price could drop by as much as 50%, bringing it dangerously close to levels not seen since early 2023. 

On the other hand, PlutoChain ($PLUTO) could generate serious buzz and offer potential enhancements to Bitcoin’s network like faster transactions, lower fees, and seamless Ethereum compatibility.

Let’s take a closer look at this.

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Shiba Inu Price Prediction: Why Experts See a 50% Drop Ahead in 2025

A 50% drop in Shiba Inu’s price could come in 2025, mainly because of President Trump’s new tariffs on steel and aluminum. The 25% tariff on steel and 10% tariff on aluminum will raise production costs, leading to higher prices across many industries.

This could result in inflation, leaving people with less money to spend. As a result, retail investors may move away from risky investments like SHIB. With less demand, Shiba Inu’s price could fall by half as investors become more cautious in the tough economic climate.

Over the past week, SHIB has decreased by approximately 3.5%, trading at around $0.00001646. The current support level is near $0.000016, with the next significant support at $0.000015.

TechTinypen recently highlighted that Shiba Inu’s price is approaching a death cross on the 50-day EMA, which could indicate a drop below the 200-day EMA. The analyst suggests that if SHIB breaks below the $0.000016 support level, it might fall to $0.000014 or even lower.

Jessyassist pointed out that Shiba Inu’s 27% drop in the last 30 days reflects broader market weakness. Despite some recovery, momentum indicators like RSI and BBTrend suggest ongoing struggles, highlighting the need for resilience in crypto.

Could PlutoChain ($PLUTO) Be the Key to Upgrading Bitcoin’s Ecosystem with Hybrid Layer-2 Technology?

Bitcoin has always struggled with slow transactions, high fees, and network congestion, making it difficult to scale. PlutoChain ($PLUTO) could fix these issues with its Layer-2 network, which may work alongside Bitcoin’s main blockchain.

By shifting some of the traffic to its own network, PlutoChain could speed up transactions, reduce fees, and lessen congestion, leading to a smoother experience for users.

A key advantage of PlutoChain is its potential ability to process blocks in just 2 seconds, a huge improvement compared to Bitcoin’s 10-minute block time. This speed boost could enable faster transactions and even allow smart contracts to be executed on Bitcoin without compromising its strong security.

PlutoChain also integrates with Ethereum’s Virtual Machine (EVM), which could let Ethereum-based projects work with Bitcoin’s network. This could open up new opportunities for decentralized finance (DeFi), NFTs, and AI-powered applications on Bitcoin.

Early tests have shown PlutoChain can handle up to 43,200 transactions per day without delays, proving its ability to manage high volumes.

The network takes security seriously, with audits from firms like SolidProof, QuillAudits, and Assure DeFi, along with stress testing to ensure reliability.

PlutoChain also has a governance model that lets the community propose and vote on changes, giving users a say in its future.

By addressing Bitcoin’s weaknesses and promoting community involvement, PlutoChain has the potential to change how blockchain networks function.

Final Thoughts

While Shiba Inu (SHIB) faces a potential 50% downturn, whales are shifting their attention to emerging utility-based projects.

That’s why the new PlutoChain ($PLUTO) may draw attention in the coming weeks with its potential ability to improve Bitcoin’s network through faster transactions, lower fees, and compatibility with Ethereum.

Its Layer-2 technology could create a significant buzz, especially after the mainnet launch, making this project worth keeping an eye on.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.