The Shiba Inu (SHIB) official X page has teased a new partnership with Bitget. According to the post, the new development is “wallet-friendly. Useful. And unmistakably SHIB.” The post also has an emoji of a bank card. This could mean that Bitget is developing a new card for the SHIB ecosystem. As of 2025, Bitget has around 120 million users. A new card could lead to a surge in adoption for Shiba Inu (SHIB).
Will An Adoption Surge Lead To a Price Rally For Shiba Inu?
Shiba Inu (SHIB) has faced a substantial price dip over the last month. According to CoinGecko data, SHIB is currently down by 1.8% in the last 24 hours, 10.8% over the last week, 7.1% in the 14-day charts, and 8.5% over the previous month. SHIB’s price has also tanked by 62.7% since November 2024.
Many Shiba Inu (SHIB) fans are hoping for another 2021-like burn event. Ethereum co-founder Vitalik Buterin received half of SHIB’s supply upon launch, but decided to burn 90% of the coins he received. Buterin’s actions led to a massive price surge for SHIB. However, burns alone may not lead to SHIB rallying. Shiba Inu (SHIB) lead developer Shytoshi Kusama has also stated that burns alone will not push the asset’s price. Burns have to be coupled with mass adoption for SHIB to hit new peaks.
Also Read: Shiba Inu Will Make A Big Comeback: 3 Reasons Why
A Bitget wallet could lead to a surge in users for Shiba Inu (SHIB). It could make it easy for investors to utilize their SHIB tokens for daily use. The SHIB team has also worked tirelessly to bring more real-world utility to the SHIB ecosystem. The Shibarium network has seen gradual growth over the last few years. However, the layer-2 network still needs more applications built on it to drive mass adoption.
