Google’s artificial intelligence platform, Gemini, has issued a cautious outlook on the performance of Shiba Inu (SHIB) for the remainder of August 2025. The AI model assessed current market structure, technical signals, and broader on-chain trends to form its latest projection for the popular meme-based cryptocurrency. As Shiba Inu continues to struggle with downside pressure, Google Gemini has outlined several critical risk factors that could weigh further on price performance throughout the month. Technical Weakness Threatens SHIB’s Key Support Gemini notes that SHIB’s recent decline in both daily trading volume and investor engagement indicates weakening bullish momentum. The token has seen a drop of over 2.8% in the past 24 hours, now trading at $0.00001196. Price activity has remained confined to a narrow range with mounting pressure on the $0.000011 support area. Analysts across multiple platforms have flagged the risk of a breakdown at this level, with no reversal signals yet visible on the weekly chart. Gemini Predicts Drop to $0.00001 by August 31 In its official forecast, Google Gemini predicts that SHIB could fall by approximately 16.388% by the end of August, potentially reaching $0.00001 by August 31. The AI model attributes this anticipated decline to a convergence of bearish signals. “There is an increased risk of Shiba Inu breaking below its support range near $0.000011 due to deteriorating volume, lower on-chain engagement, and the recent stall in burning activity. Unless fresh buying pressure returns or a major catalyst emerges, a move toward the $0.00001 level is increasingly likely before the end of August,” Gemini stated in its analysis. Gemini’s assessment echoes broader sentiment from other market analysts. According to recent reports, SHIB has failed to produce any clear bullish reversal pattern and remains under technical resistance. A sustained failure to hold above $0.00001188 may open the door to further retracement toward $0.00001141 or lower. These thresholds align with Gemini’s projected downside target and reinforce concerns about the token’s weakening structure. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 On-Chain Metrics Signal Declining Market Engagement Beyond technicals, on-chain data reveals a significant decline in new wallet activity, which has dropped by nearly 40% over the past ten days. While the retention rate among SHIB holders remains high, the reduction in new address generation signals a lack of fresh market participants, reducing organic demand for the token. Google Gemini emphasized that this trend erodes market support and amplifies vulnerability to short-term selling. Another factor highlighted in the analysis is the declining burn rate of SHIB tokens . With burn activity falling by over 50% compared to previous levels, the narrative of long-term scarcity has weakened. Gemini notes that the reduction in token destruction has tempered enthusiasm among speculative holders who previously viewed burning as a key mechanism to drive future value. Market Lacks Immediate Catalysts to Reverse Trend The overall market environment also presents a few supportive conditions for meme tokens at this stage of the cycle. Despite some strength in major cryptocurrencies, SHIB and other speculative assets have failed to show sustained interest or significant whale accumulation. Without a new catalyst, such as a major partnership or exchange listing, SHIB may struggle to attract momentum-driven buyers in the near term. In light of these combined elements—technical vulnerability, weakening user growth, reduced burn rates, and an absence of short-term catalysts- Google Gemini maintains its projected target of $0.00001 for Shiba Inu by August 31, representing a forecasted decline of over 16%. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Google Gemini Sets Shiba Inu (SHIB) Price for August 31, 2025 appeared first on Times Tabloid .
