Shiba Inu (SHIB) might be on the verge of a powerful rally, according to crypto analyst MasterAnanda, who believes the popular meme coin could climb more than 1,500% in this cycle. The analyst predicts SHIB may cancel another zero and reach a new all-time high if a few key levels are cleared. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Signs Of A Possible Reversal SHIB has been stuck in a downtrend since March 2024. It peaked at $0.000045 before sliding back to close that month at $0.000030. Since then, the coin has moved within a descending triangle pattern, bouncing around the base while facing strong bearish pressure. However, something may be changing. SHIB has just printed a fully green weekly candle and gained 15% over the past seven days. According to analysts, this is one of the most bullish weekly moves since early May, when the token jumped 25%. Despite the optimism, SHIB remains below its 200-day moving average, which sits at $0.000016. That’s around 19% higher than its current price of $0.000013. Analysts see this as a critical level the token must beat to confirm a long-term bullish trend. Bullish Price Targets Appear On The Chart MasterAnanda believes SHIB will break above the triangle and make a run toward $0.000032, aligning with the 0.50 Fibonacci retracement level. If that plays out, the analyst sees a further move to $0.000067, then to $0.00010, which would represent a new all-time high. From there, two more possible targets have emerged using Fibonacci extensions: $0.00017 and $0.00022. Those would mark gains of 1,180% and 1,529%, respectively. While ambitious, other analysts have also supported a similar price path based on the same descending triangle breakout. Shiba Inu Sentiment Mixed As Greed Index Climbs Although bullish targets are grabbing headlines, market sentiment is still uncertain. Based on recent data, SHIB recorded green days on just 13 out of the last 30, and showed 4.25% price volatility. The current reading for sentiment is “Neutral” and the Fear & Greed Index stands at 69, which is in the “Greed” category. Price prediction tools indicate that SHIB could increase 27% to August 10, 2025, at about $0.000017. That will bring it nearer to its MA-200, but still far from the lofty targets being predicted by some analysts. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason SHIB holders are now waiting to see what’s next. Will the triangle breakout occur in a hurry, or will resistance levels hold the token below major technicals? The coming weeks may provide the answers. Featured image from Meta, chart from TradingView
Shiba Inu's price has rallied 18% this month, marking its best performance since November, driven by increased risk-taking in the crypto market.
Institutional trading drove significant SHIB price gains, with strong resistance at around $0.00001250, CoinDesk's AI research noted.
Crypto analyst Javon Marks has provided a bullish outlook for the Shiba Inu price, predicting a potential rally of 180%. The analyst alluded to an indicator that suggests that SHIB can record this explosive rally, reclaiming the psychological $0.00002 level in the process. Shiba Inu Price Eyes 180% Rally As MACD Forms Bullish Divergence In an X post, Javon Marks stated that the Shiba Inu price has formed a clear Bullish Divergence with its Moving Average Convergence Divergence (MACD). He further remarked that this points to a nearly 180% upside for SHIB to rally to $0.000032. Marks added that this may only be the start of a much larger positive reversal for the meme coin. Related Reading: 65% Of Shiba Inu Holders Suffer Massive Losses As Curse Of June Takes Hold His accompanying chart showed that the Shiba Inu price could hit this target between now and year-end. This provides a bullish outlook for the meme coin, which has greatly underperformed this year. SHIB has recorded a 45% loss year-to-date (YTD). Meanwhile, the coin is also down over 8% in the last 30 days. This represents a change of fortune for the meme coin, which recorded a gain of around 150% in 2024. However, based on Javon Marks’ analysis, the Shiba Inu price could still end this year in the green if it records this projected 180% rally. SHIB could also reclaim one of the top 10 spots in the ranking of cryptocurrencies by market cap. Fundamentals like the SHIB burns and network activity could spark this momentum for the Shiba Inu price. In an X post, a SHIB community member revealed that the meme coin has just shattered another record. Over 1.5 million on-chain wallets now hold the meme coin, with the number still rising. However, the SHIB burns will need to pick up as they remain unstable. Shibburn data shows that the daily burns have crashed by over 82%, with 1.5 million SHIB burned in the last 24 hours. The burn rate is also down around 11% in the last seven days, with 48 million SHIB burned during this period. SHIB Can Rally As Much As 600% Javon Marks is still confident that the Shiba Inu price can rally as much as 600% in the long term. He recently stated that the $0.000081 target for SHIB remains unchanged and that sights are still on an over 609% uphill run to reach it in response to a massive holding breakout of the displayed resisting trend. Related Reading: Can The Shiba Inu Developer Push SHIB Price To $0.01? Expert Responds The analyst remarked that due to the post-breakout action, he sees this target being broken above, bringing $0.0001553 in play. Marks, however, failed to provide a specific timeline for when this 600% Shiba Inu price rally could occur. At the time of writing, the Shiba Inu price is trading at around $0.00001181, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
On-chain data shows Shiba Inu (SHIB) has its supply more concentrated on the largest holders than other assets like Ethereum (ETH) and Pepe (PEPE). Shiba Inu Has 62% Of Its Supply Controlled By Top 10 Whales In a new post on X, the on-chain analytics firm Santiment has shared how some top coins currently compare against each other in terms of the percentage of supply held by the ten largest wallets on the respective networks. Below is a chart showing the trend in this metric for eight cryptocurrencies: Shiba Inu, Ethereum, Pepe, USDT, USDC, DAI, Chainlink (LINK), and Uniswap (UNI). As is visible in the graph, the stablecoin USDC has the lowest amount of supply concentrated on the top 10 addresses among these assets at around 27%. Chainlink and DAI come close with the metric sitting at 32% and 33%, respectively. Others like Uniswap and Ethereum, however, have a more significant part of their supply under the control of these humongous entities: 51% and 49%, respectively. One asset that particularly stands out is Shiba Inu, with a massive 62% of its supply belonging to the ten largest whales on the network. For comparison, the other memecoin on the list, Pepe, has the same metric at 39%. Generally, the centralization of supply on just a few hands isn’t a constructive sign for any cryptocurrency’s stability, as tokens signify power on the network. It’s especially relevant in the case of a proof-of-stake (PoS) asset like Ethereum. As Santiment explains, As a retail trader, it’s generally safer to hold coins with less supply held by the most elite whales. There is less risk of sudden dumps or price manipulation should an asset’s largest whales decide to exit their positions. Given this, the assets like Ethereum, Uniswap, and Shiba Inu that currently have a majority of their supply or close to it in the hands of the top 10 whales may not be in the best position right now. In some other news, the cryptocurrency market sentiment is on the verge of extreme greed, according to the Fear & Greed Index. The Fear & Greed Index is an indicator created by Alternative that inputs a few different factors to determine the investor mentality as a score lying between zero and hundred. As displayed above, the cryptocurrency Fear & Greed has a value of 73 at the moment. This corresponds to the presence of a strong sentiment of greed present among the traders. Historically, markets have often moved in the direction that goes contrary to the expectations of the crowd. The probability of a contrary move is especially strong in the extreme ends of the index. For now, the market is still outside of the extreme greed zone, but only by a couple of units. SHIB Price At the time of writing, Shiba Inu is trading around $0.0000115, up over 3% in the last seven days. Featured image from Dall-E, Alternative.me, chart from TradingView.com
Significant trading activity occurred on June 29, with SHIB breaking out of its consolidation pattern on high volume.
Shiba Inu tumbled to an intraday bottom of $0.000010 on Sunday, marking its weakest point in 16 months. According to market analyst Tom Tucker, that low could set the stage for a sharp turnaround. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets The meme coin has slipped 14% since June began and is off 37% from its May high of $0.00001764. Big holders are growing cautious too, with whale wallets down about 80% and open interest in Shiba Inu futures falling to $123 million—a level last seen in early April. Double Bottom Pattern Offers Hope Based on reports from Tucker’s June 22 chart examination, the meme coin appears to be forming a classic double bottom on its daily price graph. That pattern often signals that a sell-off has run its course. SHIB first bounced off roughly $0.00001028 on April 7, climbing 70% to reach $0.00001765 by May 12. Now that the coin has revisited that support zone at around $0.00001030, traders will be watching closely to see if history repeats itself. $SHIB crashed 7.5% to $0.000011 as geopolitical tensions spooked markets. Down 38% from May highs, with whale holdings -80% and futures OI at a 1-month low. TA shows deep oversold levels, but a double-bottom near $0.00001030 could spark a 62% rebound if support holds.#SHIB pic.twitter.com/uEo3ebjxXD — Tom Tucker (@WhatzTheTicker) June 22, 2025 Support Zone Holds Crucial Key According to Tucker, Shiba Inu needs to stay above $0.000010 to confirm the double bottom. The token has already climbed 7.7% from Sunday’s trough to trade around $0.00001081 today. If the support holds firm, he predicts a 62% rally that would lift SHIB to about $0.00001752—practically matching last month’s peak. Whales Exit As Risk Appetite Fades The most recent decline in major holder balances suggests that there could be a shift in market sentiment among Shiba Inu biggest fan base. Whale positions have been 80% lower from its May high, and the decline in open interest hints that leveraged speculators are not taking as much risk. Those moves suggest caution is likely to persist until the buyers return en masse. Shiba Inu Team Urges Patience Meanwhile, the Shiba Inu ecosystem’s marketing lead, Lucie, has asked the community to stay calm. Based on statements from the team, the rally to $0.01 is still the long-term goal, but reaching that milestone means to not “panic” and stay resilient. Panic is not an option. If we haven’t won yet, it’s because it’s not over. — ???????????????????? (@LucieSHIB) June 22, 2025 Related Reading: Bitcoin Wobbles? Metaplanet Buys Big, Breaks $1 Billion Mark Lucie reminded supporters that market swings are part of the journey and that holding through downturns could pay off down the line. Investors seeking a clear entry point might find the present price action appealing. If SHIB manages to hold above that $0.000010 support, a rapid recovery is in the cards. But if the coin goes below that line, the next move down might take it to even lower levels. Traders should be observing volume, whale actions, and the larger crypto market sentiment before making their next move. Featured image from Imagen, chart from TradingView
Shiba Inu has experienced a V-shaped recovery from 16-month lows.
Shiba Inu has seen a surge in burn activity, with the burn rate climbing by 3,194% in the last 24 hours. According to data from burn tracker Shibburn, over 521.6 million SHIB tokens were permanently removed from circulation during this period. This sudden and sharp rise in burn rate has raised optimism within the SHIB community, although the token’s price action is struggling with bullish sentiment. Large Transactions Dominate SHIB Burn Activity As shown by data from Shiba Inu’s burn tracking website Shibburn.com, the latest burn wave was dominated by a few large transactions. A notable contributor was the wallet address beginning with “0xdb6,” which alone facilitated burns totaling over 500 million SHIB across multiple transactions to the BA-1 burn address. One of its largest single burns reached 310,744,788 SHIB, followed closely by another 107,333,061 SHIB, and then another 103,276,575 SHIB. Related Reading: Billionaire Snaps Up $100 Million Of Trump Coin – Details Other wallets also participated, including “0x28be” and “0x6176,” with each sending SHIB tokens into various burn addresses such as CA and BA-2. These contributions, although not on the same scale as the primary whale wallet, collectively helped elevate the day’s total burn count to over 521 million SHIB. Together, these burn events reflect a push within the Shiba Inu community to increase SHIB burns, which had otherwise been short of noteworthy burns in recent weeks. Despite Burn Efforts, SHIB Supply Still Faces Uphill Battle Although 521 million SHIB tokens is a significant figure for a single day, it barely makes a dent in the meme token’s vast circulating supply, which currently sits above 589 trillion SHIB tokens. This context relays the challenge faced by the current Shiba Inu tokenomics. Despite periods of aggressive burns like the one witnessed in the past 24 hours, the token’s massive supply continues to weigh on its long-term price appreciation goals. However, the spike in burn rate is still a positive signal, particularly from a sentiment standpoint, especially now that the Shiba Inu price is struggling with sentiment. With SHIB currently trading within a tight range between $0.00001225 and $0.0000119, more Shib burns in the rest of the new week could bode well for its price action moving forward. As of the time of writing, Shiba Inu is trading at $0.00001192, down by 1.7% in the last 24 hours. Despite the massive uptick in burn activity, market response is somewhat muted. However, there may be more happening behind the scenes. Related Reading: $57 Million In Crypto And Counting: Trump’s World Liberty Connection A Shiba Inu community member recently posted on the social media platform X, hinting that the project’s lead developer, Shytoshi Kusama, still has “several aces up his sleeve” for the Shiba Inu community. Although no further details were shared, past developments like the launch of Shibarium have influenced price trends. Hopefully, any new announcements could reignite interest and drive the Shiba Inu price token to new highs. Featured image from Unsplash, chart from TradingView
The Shiba Inu development crew has rolled out a new tech layer that could shift how people use SHIB. According to reports, the beta version of Shib Alpha Layer went live on June 12, 2025. It’s made in partnership with ElderLabs, and it got built without any VC backing. Now users can test it before the full launch. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Shib Alpha Layer Beta Launch Based on reports, the Shib Alpha Layer brings all the separate rollups in the ecosystem under one hood. You won’t need to jump from bridge to bridge. You transact as if you’re on a single chain, even though dozens of rollups run beneath the surface. The project reached beta in record time, and the team says they did it all with their own funds. User Friendly Experience Users can pay fees in SHIB, BONE, or any token they hold. That cuts out the problem of having to swap tokens just to cover gas. You’ll also get near‑instant finality, so transactions show up almost right away. Those features may seem small, but they could pull in people who find current rollup setups clunky and slow. Shiba Inu: Security And Privacy Features Shib Alpha Layer uses ZAMA’s Fully Homomorphic Encryption. That lets smart contracts run on encrypted data, so the logic stays private. It’s rare to see FHE live in a crypto network, but the beta is already up and running. Security audits have been promised before the public release, which should ease some worries about bugs or hacks. Today we flip the script. For years we’ve been called “just a meme,” spammed with Wen Shibarium?, and drowned in FUD from bots, burnt deadweight ex-team but instead of arguing, we shipped. Introducing Shib Alpha Layer (beta) — our rollup abstraction stack built with ElderLabs… — Kaal (@kaaldhairya) June 12, 2025 Integration With Shibarium Shibarium is set as the settlement layer under this new system. According to lead developer Kaal Dhairya, every rollup becomes an L3 network, picking up the security that Shibarium offers. Future updates will open up rollup deployment to everyone and boost multi‑chain links. Instant bridging is on the roadmap, too, so moving assets between chains could happen in a click. READ THIS: https://t.co/zZcjV0VhHv — Shytoshi Kusama™ (@ShytoshiKusama) June 13, 2025 The team’s main coder, Kaal Dhairya, pointed out that early critics called SHIB a joke coin. They’d ask “Wen Shibarium?” and spread fear, uncertainty and doubt. He said those jibes didn’t slow them down. Instead, they focused on building. Related Reading: Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst Shytoshi Kusama, another lead developer, popped back on X after a few weeks off to highlight this work. He’s been drafting a whitepaper on how AI could team up with the Shiba Inu network. He also flagged Shiba’s new Web3 gaming push on Astra Nova’s TokenPlay.ai. Calling an end to SHIB’s “meme era” is a bold claim. But if the new layer works smoothly, it could mark a shift in how people think about Shiba Inu. Either way, June 12, 2025, will go down as the day this project vied for more than just the dog coin tag. Featured image from Unsplash, chart from TradingView
The U.S. consumer price index for May is expected to rise to 2.5%, potentially impacting market dynamics.
SHIB's price volatility included a peak at 0.00001336 and a decline to 0.00001297, with significant trading volume.
SHIB failed to maintain gains above the 100-day simple moving average, closing at $0.00001317, a 2.9% gain over 24 hours.
Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin may now be entering a consolidation phase, quietly forming a potential base below recent highs. A Breakdown Of The May 29-30 Drop According to a recent update by Crypto Man MAB on X, SHIB continues to show signs of weakness in the short and long term. The meme coin is currently trading at $0.00001266, reflecting a modest +0.47% decline in the past 24 hours. In a larger time frame, SHIB has lost 3.80% over the past 30 days and a significant 54.73% over the last 180 days, underlining a persistent bearish trend. Related Reading: Shiba Inu Trapped Inside Triangle: 17% Move Incoming? From a technical standpoint, the chart reveals a sharp price drop between May 29 and May 30, where SHIB fell swiftly from the $0.00001500 region down to $0.00001250. This sudden decline points to intense selling pressure, likely driven by broader market uncertainty or profit-taking. However, the price has since found some footing, showing early signs of stabilization and potential consolidation in the lower range. During the steep decline, volume analysis shows a notable spike in trading activity, suggesting panic selling or large-scale exits by holders. However, volume has tapered off following the drop, which often signals that selling activity is cooling down. Overall, Shiba Inu appears to be hovering in a consolidation zone, and key support or resistance levels must be tested before the next major move unfolds. Whether the market will witness a bounce or further breakdown could depend on broader sentiment and if buyers step back in with conviction. Support And Resistance In Shiba Inu’s Recent Performance Crypto Man MAB observed that SHIB has found short-term support around $0.00001250 after its recent drop, suggesting selling pressure has eased. Meanwhile, key resistance sits between $0.00001350 and $0.00001400, where Shiba Inu previously struggled to move higher. Related Reading: Shiba Inu Bulls Roar To Life After Breakout—Next Price Targets The 24-hour price range remains tight, fluctuating between $0.00001257 and $0.00001308. However, the sharp decline seen earlier still signals caution, especially with volume dropping off during the consolidation phase. Overall, the sentiment stays bearish. Without a clear reversal or breakout, the current trend favors the bears, and further downside risk can’t be ruled out. In conclusion, the analyst noted that Shiba Inu remains in a bearish trend, currently consolidating near the $0.00001250 support. A breakout above $0.00001350 could signal renewed bullish momentum, while a drop below $0.00001250 may lead to further downside. Monitoring volume and overall market sentiment is key to confirming the next move. Featured image from Getty Images, chart from Tradingview.com
An analyst has pointed out that Shiba Inu is currently trading within a triangle pattern, which could set up a 17% move for the memecoin. 4-Hour Price Of Shiba Inu Has Been Consolidating Inside A Triangle Recently In a new post on X, analyst Ali Martinez has talked about a pattern that has been forming on the 4-hour chart of Shiba Inu recently. The pattern in question is a triangle from technical analysis (TA). This type of channel emerges when the price of an asset observes consolidation between two trendlines that converge at some common point. The upper line of the pattern is likely to be a source of resistance, while the lower one is a source of support. Related Reading: Ethereum May Be One Dip Away From Mass Losses—Data Warns There are a few different types of triangles in TA, with the most popular ones being the ascending, descending, and symmetrical variations. The arrangement of the trendlines dictates which type of asset the asset is following. When one of the trendlines is parallel to the time-axis, one of the former two appears. The ascending variation forms when consolidation is toward a net upside. That is, when the upper line is flat and the lower one is sloped upward. Similarly, the descending one involves the opposite orientation. The third type, the symmetrical triangle, has both of the trendlines angled at an equal and opposite slope. In this variation, consolidation narrows down to a point in a sideways manner. In triangle patterns, a breakout from one of the trendlines often ends up being around the same length as the height of the triangle (that is, the distance between the upper and lower line at their extreme). Now, here is the chart shared by the analyst that shows the triangle that Shiba Inu’s 4-hour price has been moving inside over the last few weeks: From the graph, it would appear that the triangle that Shiba Inu has been inside recently is of the descending type, as its price has overall been moving down over this timeframe. Based on the pattern, Martinez has noted that SHIB could be heading toward a 17% swing. Related Reading: How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals But which way could this move appear in? Generally, a descending triangle is considered to be a continuation pattern for a bearish trend. It can also, however, sometimes act as a reversal pattern, with a breakout coming in the upward direction instead. At present, Shiba Inu is sitting near the midway point between the two trendlines. As such, it only remains to be seen which of the two lines it might visit next. As the consolidation lengthens, the triangular channel is only getting tighter, so one way or the other, a break may occur soon. SHIB Price At the time of writing, Shiba Inu is trading around $0.00001436, down about 2% in the last seven days. Featured image from Dall-E, charts from TradingView.com
SHIB dropped 5% on high volume but found support near $0.00001440. With over 1.13M loyal holders and ecosystem updates ahead, long-term sentiment stays firm.
Dogecoin and Shiba Inu remain the top leaders when it comes to meme coins, but others have been creeping up as fierce contenders over time. Back in 2021, when the original meme coin bull run started, the likes of FLOKI had crept up from the shadows to also become investor favorites. Through the bear market and into the current bull market, FLOKI has shown incredible strength, and one crypto trader believes that there is still a lot of runway for the meme coin. Why FLOKI Is A Great Choice Over Dogecoin And Shiba Inu Crypto trader and analyst Unipcs, also popularly known as ‘Bonk Guy,’ has given reasons why buying FLOKI could be a better play compared to Dogecoin or Shiba Inu. In addition to the fact that it was created back in 2021 and has survived a bear market alongside Dogecoin and Shiba Inu, FLOKI has other characteristics that has made it a great meme coin choice. Related Reading: Crypto Analyst Puts Bitcoin Price At $120,000 If This Range Breakout Happens One of the major driving forces behind the support for FLOKI comes with the expectation of an Exchange-Traded Product (ETP) to be launched for the meme coin. This puts it miles ahead of other meme coins which are yet to see major institutional support. Furthermore, the FLOKI meme coin has already proven its position as a solid choice over Dogecoin or Shiba Inu after rallying to a new all-time high back in 2024. This saw it outperform Dogecoin and Shiba Inu as these market leaders continued to trend below their all-time high peaks from 2021. Just like Dogecoin and Shiba Inu, FLOKI has also scored listings on major crypto exchanges across the space, in addition to smaller listings. It is trading on Binance, Coinbase, and Bybit, among others, with daily trading volumes crossing $200 million at the time of this writing. Related Reading: Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows Moving on to the chart, the crypto trader also revealed that the FLOKI chart does look strong. After holding and sustaining accumulation through the start of 2025, the meme coin is riding up once again and has already broken through $0.0001. Given this, Unipcs believes that an impulsive move for FLOKI is only a matter of time from here. “The fact that FLOKI is still under the radar, despite cult-like loyalty from its holders and insane retail recognition, means any rally it gets will likely go much higher than anticipated—a classic hated rally setup,” the crypto analyst said in conclusion. Featured image from Dall.E, chart from TradingView.com
Following its launch by the Shiba Inu team back in August 2023, the Shibarium network has been subject to the highs and lows of the market. Despite coming from a team with a large community, the Ethereum Layer 2 network has struggled to stay relevant in the fierce competition among Ethereum Layer 2 networks. After the initial run fueled by the anticipation of the launch, the Shibarium network is dealing with low participation as new account numbers flatline. New Accounts On Shibarium Fall Below 100 The new account metric tracks the total number of brand new accounts that are created on the Shibarium network daily. This is different from the total daily users as it only tracks new accounts and not existing accounts. It also helps to show the adoption rate as more new accounts signing up shows adoption is rising and the number falling means the opposite. Related Reading: Did Cardano Founder Steal $619 Million? Hopkinson Makes Shocking Revelation Presently, the Shibarium network is falling behind as the total number of new accounts signing up have fallen below the 100 mark. This comes after a major spike at the beginning of May 2025 when a total of 5,111 new accounts were created on May 6th alone. Since then, the number has crashed by over 99%, dropping first to just above 200 new daily accounts, before bottoming out below 100. Data from ShibariumScan shows that in the last four days, fewer than 100 new accounts have been recorded daily. This also coincides with a sharp decline in the active accounts on the network, going from over 21,000 daily at the start of May to less than 15,000% by the middle of the month. New transaction figures have also fallen with 1.87 million recorded on Tuesday compared to the 3 million average at the start of the month. Related Reading: Bitcoin Weekly Closes Above Range High Despite Crash From $107,000, Why The Bulls Are Still In Charge Shiba Inu Follows Bearish Trend The trend of low adoption recorded on the Shibarium blockchain has also been felt in other areas such as the total addresses holding the Shiba Inu token. According to IntoTheBlock, the total addresses holding Shiba Inu have seen a decline over the last couple of days. This metric went from above 1.4 million to 1.39 million addresses. A small decline, but nonetheless pointing to an exit from the cryptocurrency by investors. At the same time, the Shiba Inu price has also struggled to stay afloat at this time. Caught in a power struggle between the bears and the bulls, Shiba Inu has seen its price constrained to a tight range of $0.000014 and $0.000017. If the sell-offs continue, then the meme coin could break below the support currently being established at $0.000014. Featured image from Dall.E, chart from TradingView.com
SHIB rebounds from sharp drop with a 4x surge in trading volume, holding firm above $0.000015. Analysts see signs of strong accumulation despite volatility.
Shiba Inu (SHIB) printed a textbook-grade inverted head-and-shoulders on the daily chart this spring, and Tuesday’s session shows the pattern has now gone through the full breakout-and-retest sequence flagged by independent analyst Cantonese Cat (@cantonmeow). Shiba Inu Completes iH&S Pattern The structure took shape over three distinct troughs: a left shoulder that bottomed just above $0.00001082 in mid-March, a head that wicked to about $0.00001030 in early-April, and a right shoulder that found support near $0.00001230 in the opening days of May. That sequence carved out an arc lasting more than two months, culminating in a decisive surge from May 8 that vaulted price through the neckline with a long, full-bodied green candle. Momentum on that breakout carried SHIB as high as the $0.00001765 region—its loftiest print since early-February—before profit-taking invited a classic “throwback.” Over the past sessions the token has slid back into the neckline zone, where bid interest has so far absorbed supply, validating the level as a fresh support zone between $0.00001400 and $0.00001470. The successful retest is the final criterion many technicians require before calling the pattern complete. Related Reading: Shiba Inu Marks Major Milestone Amid Market Rebound Toward $0.00002 Measured from the head’s extreme to the midpoint of the neckline, the vertical depth of the formation is roughly $0.0000037. Applying that distance to the breakout area confirms the local top at $0.00001765. Cantonese Cat summarised the setup succinctly: “SHIB daily – inverted H&S brokeback pattern completed. Favors bullish continuation.” With the neckline now acting as a springboard, price action over the next few sessions will determine whether bulls can translate the technical victory into fresh upside follow-through or whether bears manage to drag the token back into the former trading range. Related Reading: Shiba Inu Could Erupt 500%—Analyst Sounds The Alarm SHIB Price Targets Upside targets can be found with the help of Fibonacci retracement levels. Anchoring the grid to last summer’s $0.00004569 high and the March swing low at $0.00001030 produces a 23.6 percent retracement at $0.00001865 which forms the second technical waypoint, only after the 200-day EMA at $0.00001603. Should buyers reclaim both lines on a closing basis, the roadmap points toward $0.00002382 (38.2 percent) and the midpoint level at $0.00002799, an area that also coincides with the lower margin of last December’s congestion zone. Beyond it, the golden-ratio mark at $0.00003217 and the 78.6 percent retracement at $0.00003811 frame the penultimate obstacles before any renewed challenge of the macro peak. Conversely, failure to defend the neckline shelf near $0.00001430 would invalidate the bullish script and shift short-term risk back to the 50-day EMA around $0.00001399 and ultimately to the cycle floor at $0.00001030. Until that downside failsafe is breached, the Fibonacci grid argues that momentum remains skewed in favor of buyers pressing for a return into the high-teens and, potentially, the low-twenties in the weeks to follow. Featured image created with DALL.E, chart from TradingView.com
Shiba Inu’s price swings reveal quick gains and sharp reversals, while on-chain data shows whales reducing exposure, hinting at short-term bearish pressure.
Meme token faces significant downward pressure amid shifting economic conditions despite positive developments in US-China trade relations.
Amid the flurry of new activity spurred by the crypto market recovery, Shiba Inu has marked a new milestone that shows continuous growth even through the bear market. The meme coin has now hit a new all-time high in terms of holders, showing that it remains a major player in the space. Shiba Inu Holder Base Crosses 1.5 Million Wallets Shiba Inu marketing Lead, Lucie, took to the X (formerly Twitter) platform to celebrate a new milestone for the Shiba Inu community. She showed that the total Shiba Inu holder base has now crossed 1.5 million total holders, marking a new milestone for the meme coin. Related Reading: XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price Go? According to data from Etherscan, the total number of wallets holding Shiba Inu on their balances was 1,507,445 at the time of writing, already up more than 300 wallets after Lucie’s post. Additionally, total transactions that have been carried out on the contract had surpassed the 15 million mark, sitting at almost 15.5 million. What’s Driving Participation From The SHIB Community? A major development for the Shiba Inu community is the upcoming launch of Bury 2.0. This is a staking mechanism from the SHIB team that allows community members and investors to stake the four tokens native to the Shiba Inu platform. Lucie outlined the advantages of Bury 2.0 in another X post, explaining why it is different from other staking mechanisms. The first major reason given for why Bury 2.0 is superior is the fact that it allows stakers to have real voting power in the ecosystem. When users stake SHIB, TREAT, BONE, or LEASH, they get veTokens, eg veSHIB, veTREAT, veBONE, and veLEASH. These veTokens then allow takers to vote on things such as funding, decisions, etc. Additionally, the longer a user has their tokens staked, the more power their vote commands. Another advantage of the Bury 2.0 platform for the Shiba Inu community is allow them to access decentralized finance (DeFi) features such as yield farming, liquidity pools, and more. In this case, the staked tokens are actually being put to work instead of sitting ideal. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? The third reason given is that the rewards to stakers in Bury 2.0 continues to evolve. This means that the rewards for staking are not just fixed. So the longer that tokens are staked, chances of rewards such as airdrops, giveaways, and loyalty bonuses are increased. Lastly, staking in Bury 2.0 allows for localized control for the stakers. Lucie explains that each state can launch its own custom veTokens. As such, they can help with decisions and receive rewards for their own state, while being able to create their own rules and priorities. “Bury 2.0 turns passive holders into active Shibizens,” Lucie explained. “It encourages long-term commitment, real participation, and builds a community that’s stronger, smarter, and more involved.” Featured image from Dall.E, chart from TradingView.com
Shiba Inu (SHIB) might have its price increase more than fivefold from where it is now, based on recent market analysis. The meme coin trades at $0.0000125, down 3% from its daily high and 9% within the last seven days. In spite of these latest plunges, an analyst is optimistic about SHIB’s prospects. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off Price Target Suggests Whopping Gains Ahead Technical analyst Javon Marks reaffirms his earlier projection that Shiba Inu will most probably reach $0.000081 during the current cycle in the market. This goal is up 500% from the current price. Marks mentions SHIB’s bull run to $0.000033 in December 2024. Then, the price drops back to $0.000010, which according to the analyst, is “expected” and part of a healthy correction process. The token settled above $0.00002 as of the close in 2024, something Marks considers as validation of his technical perspective. Present price levels at $0.00001290 now are what he terms a base for the anticipated higher move. We maintain our $0.000081 breakout target for $SHIB (Shiba Inu), projecting a nearly +500% uphill run to reach it… https://t.co/8OdILFYB5q pic.twitter.com/jTxSAGqiWA — JAVON⚡️MARKS (@JavonTM1) May 3, 2025 Technical Indications Suggest Hidden Bullish Divergence As per market reports, the chart of SHIB shows a trend called hidden bullish divergence. This occurs when prices create higher lows but technical indicators such as RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence) give lower lows. Marks infers this pattern is indicative of increasing buying pressure hidden beneath, contrary to apparent weakness in near-term momentum measures. The token remains above such key levels of support while also establishing higher price lows, adding to its technical strength. Buyers and sellers wait for a break from the sideways pattern of recent trading, something that may force prices upward when volume increases. Related Reading: BNB Bulls Target $644 As Classic Chart Formation Emerges Long-Term Holders Keep Growing Meanwhile, latest data indicates growth in SHIB investors with over one year holding the same. The segment has consistently increased since mid-2022 and continued to grow through early 2025. Long-term holders grew during both price appreciation and depreciation, indicating steady accumulation during any market condition. An expanded foundation of long-term holders normally tames selling pressures, assisting with price support as well as other important support areas. The size of short-term traders (lesser than a month’s holders) declined by 35%. Holders with intermediate terms have risen by 3%. This change demonstrates deceleration towards short investment programs. Featured image from Unsplash, chart from TradingView
Institutional investors accumulate despite volatility, with 109 new SHIB millionaire wallets emerging in April.
Shiba Inu (SHIB) hit a high of $0.00001511 on April 26, 2025, its highest value this month in what experts refer to as a see-saw run. The meme coin failed to break a significant resistance level that contains a huge chunk of all SHIB coins in circulation, as per market information. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed Analysts Point To Possible 100% Price Jump Analysts indicate that Shiba Inu may double in price if it can break through the lower resistance level close to its monthly high. Shattering the higher resistance at $0.000018 would equate to breaking what traders refer to as a 540 trillion SHIB sell wall – a pool of coins distributed over 152,700 wallet addresses. ???? #SHIB READY FOR A BREAKOUT! ???? CHART SHOWS A POTENTIAL TREND REVERSAL WITH A STRONG UPSIDE MOVE COMING. ???? WATCH FOR A BREAK ABOVE RESISTANCE TO CONFIRM BULLISH MOMENTUM! ???? pic.twitter.com/LwHOBPfwh6 — Market Spotter (@MarketSpotter) April 29, 2025 Market Spotter indicates that regaining the $0.000014 price level may decide SHIB’s direction for months to come. Almost 40% of those who own the dog-themed cryptocurrency are in profit at present. A breakout above $0.000014 would reverse this figure, leaving the majority of SHIB owners in profitable positions for the first time in weeks. Price Stuck In Narrow Trading Range The meme coin now trades within a tight 24-hour price range of $0.0000130 to $0.00001374, according to recent charts from IntoTheBlock. While prices are consolidating, some large investors seem to be adding more. The Chaikin Money Flow (CMF) indicator has once again turned positive, indicating renewed buying by deep-pocketed traders. Although it has risen more than 10% this month, technical indicators are sending mixed signals. The Stochastic Relative Strength Index is between 11 and 9, indicating SHIB may be trading below what experts view as its fair market value. This is even as trading volumes have fallen in recent days. Massive One-Day Token Burn Raises Eyebrows Meanwhile, more than 280 million SHIB tokens were irreversibly taken out of circulation in one day. Based on tracking platform Shibburn, this is a 38,299% rise in the burn rate – an unprecedented increase that surprised many market observers. Source: Shibburn Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development This drastic burn lowers the circulating supply to around 584 trillion tokens. The SHIB community has long advocated for token burning as a means of inducing scarcity, which in theory would drive up the value of existing coins by lowering supply. The recent burn is a stark reversal following weeks of declining token removal rates. This is seen by some as a sign of renewed confidence among “whales,” or large investors, as well as smaller token holders, but others caution that burn rates alone do not necessarily indicate price ascent. Market participants are now closely monitoring if the synergy of technicals, increasing whale appetite, and token burning aggression will be enough for SHIB to break its strong resistance levels. With general market sentiment picking up in cryptocurrencies, the next couple of weeks could be crucial for the direction of the price of the popular meme token. Featured image from Gemini Imagen, chart from TradingView
Despite not being in the spotlight recently like its counterpart Dogecoin, the Shiba Inu price has managed to exceed expectations and close three consecutive green weeks. The meme coin is showing signs of bullish continuation after a long stretch of consolidation, and a resulting breakout from such momentum could be enormous. To put it plainly, its 2024 400% breakout could pale in comparison to what is coming if Shiba Inu manages to complete its breakout. Shiba Inu Green Closes Point To Bullishness A pseudonymous crypto analyst has pointed out some interesting formations in the Shiba Inu price chart, which seem to have gone under the radar. For example, the Shiba Inu price has marked its 3rd consecutive weekly close and continues to flash signs of more price increases. With the most recent break and close in the green, Shiba Inu is now looking to break above its long-term support. Related Reading: XRP Price Ready To Reach $8 As Consolidation Breaks – Here’s The Timeline Currently, the Shiba Inu price is still trading above its August 2024 low before its 400% breakout. This suggests that the meme coin could be on the ground floor of something extraordinary, especially as the majority of its investors sit underwater, according to data from IntoTheBlock. If this bullish momentum is maintained, the crypto analyst sees the meme coin rallying to brand-new all-time highs. The first target is @0.000139, which would be an 894% rally from its current level, as well as 50% higher than its current peak of $0.00008. Another more bullish target is that the Shiba Inu price could reach as high as $0.000220. This is a 1,479% increase in price and 150% higher than the current all-time high. The post read: We will have to wait and see, it is too early but the market is turning green now and will continue to trade green. It can happen that it go higher rather than lower based on the chart. It can happen that rather than overestimating the potential of this pair, we are underestimating it, this too would be good, the more it grows the better it gets. The Other Side For The Shiba Inu Price While the fact that the Shiba Inu price closed three weeks with green candles is commendable, it is possible that this might not end well for the meme coin. Looking back to November-December 2024, which is the last time that SHIB saw three consecutive green weekly closes, what followed was catastrophic. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View The price went on a rapid downtrend with three red weekly closes following the three green weekly closes. The following weeks were not much better as the Shiba Inu price only saw one green weekly close in eight weeks. Therefore, if this were to repeat this time around, then it is possible that the SHIB price could see a downtrend before picking back up. Featured image from Dall.E, chart from TradingView.com
New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says Major Holders Hodl Most Of SHIB Tokens According to blockchain tracking site IntoTheBlock, around 74% of Shiba Inu’s 95 billion circulating tokens are in whale-like large addresses. The concentration is high and puts the token’s ecosystem into the hands of few wealth investors. Concentration among large holders sends contradictory signals to the market: some analysts interpret it as a confidence vote for SHIB’s future, while others see it as a double-edged sword that creates an unstable environment wherein the big players would set off cataclysmic price fluctuations should they wish to liquidate their assets. Weekly Transaction Volume Exceeds $120 Million In the same tracking metrics, there have been large trades covering over $120 million with respect to SHIB within the last week (each trade being above $100,000). This substantial trading volume comes despite minimal price action, with the meme crypto having a current price tag of $0.00001226 and showing less than 1% daily change. The volume of transactions provides a glimpse into institutional and whale-scale activity on the platform, a market analyst disclosed. The ongoing high-value transactions indicate sustained interest among large investors, despite the price staying flat. Retail Traders Confronted With Reassurance And Risk The large holding of SHIB tokens by rich investors is a mixed picture for small investors. On the positive side, the investment from such huge investors could assuage retail investors regarding the token’s stability and long-term worth. But this configuration also creates substantial risk. Any abrupt change of position by these large holders can bring on rapid and steep price action. Market watchers point out that when the ownership is so concentrated, even normal portfolio rebalancing by a handful of large holders can make a huge market disturbance. Crypto Market Watches Whale Behavior For Price Signals Since whale activity usually precedes significant market action, it is closely monitored by the crypto community. With over 70% of the SHIB supply in the hands of moneyed investors and $120 million in recent high transactions, many are keeping tabs for reversals in sentiment from such powerful hands. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? The current context of SHIB truly depicts a classic case of where a few well-to-do investors can significantly impact price action in cryptocurrency markets. In these circumstances, the very high transaction volumes reflect true interest among institutional investors, while the extreme concentration of holdings must certainly remain a foremost consideration in the assessment of any market dynamics concerning SHIB. Featured image from Gemini Imagen, chart from TradingView
The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB. Finder, a US-based information service, released a new quarterly report featuring price predictions for Shiba Inu in 2025. The report is based on a comprehensive survey conducted in January 2025, during which 26 crypto industry specialists shared their insights on Shiba Inu’s potential price by the end of 2025 and its projected performance through 2035. Diverging Opinions On SHIB Price In 2025 According to the panel, Shiba Inu is forecasted to reach an average price of $0.0000399 by year’s end, marking an 84.3% increase from its January starting point of about $0.00002165. For its long-term price projection, the panel predicts that the popular meme coin will see a steady rise in the following years, erasing one zero to reach $0.0001971 by 2030 and $0.0008543 by 2035. Related Reading: Bitcoin Analyst Says Shiba Inu Price Is Not Hitting $1 – Here’s Why Gracy Chen, the Chief Executive Officer (CEO) of Bitget, a crypto exchange, is among the most bullish voices among the panelists for the Shiba Inu price outlook. Chen cites SHIB’s positive technical indicators and recent support/resistance developments as signs of an ongoing bullish trend. She projects that the Shiba Inu price could hit a new target of $0.00006 by year-end. This represents 445.45%. Increase from the meme coin’s current market value of $0.000011. Similarly, Ruadhan O, founder of Seasonal Tokens, sees SHIB closing 2025 at $0.00005, though he warns of Dogecoin’s enduring dominance in the space. He believes that Dogecoin will most likely take the spotlight away from SHIB, making it unlikely for it to reach a new all-time high this year. Notably, not all panelists share the same bullish optimism for Shiba Inu. John Hawkins, a senior lecturer at the University of Canberra, projects that the price of SHIB will crash significantly, losing half of its value in 2025, falling to as low as $0.00001. His bearish prediction stems from the belief that meme coins could experience a similar decline to that of Non-Fungible Tokens (NFTs). Hawks points to broader macro trends like US President Donald Trump’s political influence and Bitcoin’s dominance as key barriers that would limit meme coins’ growth. Shiba Inu And Dogecoin Rivalry Continues Despite the majority of Finder’s panelists having significantly bullish projections for the Shiba Inu price, 79% of them agree that SHIB will never surpass Dogecoin in market capitalization. Sathvik Vishwanath, the CEO of Unocoin, believes SHIB’s substantial circulating supply currently and speculative nature limit its long-term bullish prospects. This is despite its rapidly evolving ecosystem, which includes innovative projects like ShibaSwap and the upcoming TREAT token. Related Reading: Shiba Inu Burn Update: 99.44% Daily Burn Crash Could Spell Trouble For Meme Coin When asked whether now is the right time to buy, sell, or hold SHIB tokens, the panel was divided: 57% recommended holding, 13% advised buying, and 30% suggested selling. In addition, opinions on Shiba Inu’s current valuation were mixed. 48% of the panel believed that SHIB was overpriced, while 44% stated that it was fairly priced. Ronen Cojocaru, the CEO of 8081 Inc., was among the most bullish panelists. He forecasted that SHIB could hit $0.00000743 by year-end, although he acknowledged that Shiba Inu is currently overpriced. Featured image from Pixabay, chart from Tradingview.com
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization. Their findings? A whopping 79% of the total participants believe that Shiba Inu will never flip Dogecoin in the area of market capitalization. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Survey Reports Overwhelming Consensus Against SHIB Flipping DOGE The results point to a distinct stance by the majority of experts. A mere 7% of those polled showed confidence that SHIB would at some point in the future surpass DOGE, and these few stalwarts predicted it could occur as soon as 2026. The other 14% were uncertain about SHIB’s fate. The overwhelming rejection of Shiba Inu’s ability to replace DOGE as the leading meme coin mirrors wider market opinion regarding the two tokens. Supply Issues Present Major Hurdle For Shiba Inu Huge challenges in the SHIB token supply are one potential consideration preventing overtaking Dogecoin, Dr. Sathvik Vishwanath, Unnocoin’s jurisdictional head, disclosed. Consider the circulating supply of SHIB at 589.25 trillion versus just 148.82 billion for DOGE: the supply gap is massive. Vishwanath said that despite Shiba Inu’s excellent tokenomics and solid community support, the massive token supply keeps SHIB from taking over DOGE’s market cap. Huge Disparity In Current Market Position At present, Dogecoin is at the eighth position among cryptos with a market cap of $24.60 billion, while Shiba Inu holds 17th place with a market capitalization of $7.3 billion. SHIB would have to increase its worth by 240% to reach DOGE’s current rank by assuming that Dogecoin’s price remains constant, and both tokens share the same circulating supply. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs Current Whale Activity Suggests Possible Turnaround Contrary to the negative expectations of analysts, new trading statistics show a significant Shiba Inu rise. According to IntoTheBlock, with whales dominating, SHIB daily trade volume rose to 224 billion tokens in 24 hours. Inflows from large-holders increased from 96 billion SHIB on April 13 to over 224 billion on April 14. This rise in interest from major investors could be a sign of changing sentiment as whales will set up before they anticipate a move in prices. This isn’t the first time these cryptocurrencies have seen conflicts regarding superiority. In 2021, Shiba Inu briefly dethroned Dogecoin when its market cap touched $39 billion. Alas, this victory was short-lived as DOGE quickly reclaimed the title of the number one meme coin. Featured image from Pixabay, chart from TradingView