Shiba Inu’s value is now down by about 35% on a yearly basis, with the meme coin trading around $0.000006 as of early April 2026, a far cry from the $0.00000923 range it touched in early January. The meme coin has spent the past three months on an extended decline, which has continued into the recent weekend. Several converging developments explain why the decline has been so persistent and why the road to recovery is currently uncertain. On-Chain Weakness And Stalled Shibarium Adoption The most damaging blow to SHIB’s fundamental case is from its own Layer-2 network. Since Shibarium’s launch in August 2023, the meme coin’s price movement has been tied to interest and the activity on the Layer-2 network. Related Reading: Shiba Inu’s 1,549% Spike: Can Bulls Take Control Again And Trigger An Explosive Rally? However, on-chain data shows a clear drop in user activity and demand across the network. This drop in Shibarium user activity kicked off in September 2025, when the network faced one of the largest attacks in its history, and the consequences extended beyond the immediate financial loss. Prior to the incident, daily transactions processed on Shibarium were in the millions; after the exploit, they plummeted to mere thousands. Currently, daily transactions sit at around 1,230 over the past 24 hours, with activity dipping as low as 557 transactions on April 4, according to data from Shibariumscan. That said, it is also worth noting that Shibarium recently underwent a major infrastructure upgrade, including a full reindexing of its backend systems, which may have contributed to the temporary slowdown in transaction throughput in the past few days. Traders Continue Pulling Out With Fading Confidence The derivatives market is also showing signs of fading confidence in Shiba Inu. Recent data reveals a noticeable drop in open interest, meaning traders are closing positions and stepping away from Shiba Inu. According to data from Coinglass, Shiba Inu’s open interest across major exchanges currently stands at $54.25 million, representing a 16% decline from the $65.23 million recorded around this time last month. Related Reading: 39 Billion SHIB: Shiba Inu’s Woes Are Far From Over As Sell-Offs Continue The decline is even more pronounced when looking at its yearly high. Back in January, open interest was sitting at $145.40 million, which means current levels reflect a steep 63% drop since then. Even more concerning is the rise in exchange inflows, with large amounts of SHIB being moved into trading platforms, which is typically a precursor to selling pressure. According to data from CryptoQuant, the Shiba Inu netflow to exchanges is at a positive 6.9 billion SHIB in the past 24 hours, which means more Shiba Inu is being sent to crypto exchanges than those leaving. Interestingly, this netflow figure recently reached as high as 39 billion SHIB within a 24-hour period. However, SHIB’s price troubles are structural to the entire meme coin niche. The market capitalization of all meme coins is currently at $34 billion from a year-to-date high of over $109.7 billion, according to data from Coingecko. Featured image from Adobe Stock, chart from Tradingview.com
In the bull market cycle of 2021-2022, the Shiba Inu meme coin made waves in a way that changed the face of meme coins forever. This came after Dogecoin’s initial 36,000% rally, and Shiba Inu followed with an over 1,000,000% rally. Naturally, this has led to the search of the meme coin that will replicate Shiba Inu’s move and so far, the verdict has been that it will be the PEPE meme coin. One analyst deep dives into this, elaborating on why PEPE could pull a similar stunt. Why PEPE Is The Shiba Inu Of This Cycle Crypto analyst Rexha took to the X (formerly Twitter) platform to discuss the current meme coin market and what investors could expect to come from it. Starting out, they draw out a parallel between the SAFEMOON and active Solana traders chart, showing a similarity between the two. For context, SAFEMOON was one of the meme coins from 2021 that saw a massive run, but eventually turned out to be a scam. Related Reading: The Last Time XRP Made This Move Against Bitcoin, It Led To A 500% Increase To $3.3 Rexha pointed out that investors are often looking for the next big thing, as was seen back in 2021 after the Dogecoin and Shiba Inu rallies on the Ethereum blockchain. Traders had then moved to ‘cheaper’ blockchains in a bid to chase the next runner, leading to a lot of scams, which the analyst says culminated in SAFEMOON on the BNB Chain. Eventually, once the scams became too much and many traders were used as exit liquidity, attention shifted back to the meme coins that began the run. At the time, it was Dogecoin and Shiba Inu, as traders realized they were a ‘safer’ bet. This time around, though, it is not Dogecoin and Shiba Inu kickstarting the meme coin season and leading the charge. Instead, it was the likes of PEPE that had pumped on the Ethereum blockading, according to the analyst. The move to the Solana blockchain, Rexha explains, was the result of traders trying to chase new runners on a “cheap and fast” chain. However, with the advent of projects such as PumpFun sucking a fair amount of liquidity out of the market, the Solana ‘trenches’ have now mostly died out. Related Reading: Ripple Founder Pivots $1 Billion From XRP Fortune Into New Investment As the trend comes full cycle once again, the crypto analyst expects traders to move back to the meme coin that started it all, and that is PEPE in this place. Rexha calls this a “Return to Quality” on the Ethereum blockchain, predicting that PEPE’s second run will be similar to that of Shiba Inu’s second run. The analyst also warns that with this PEPE’s second run, traders will be lured back in with the hopes of having another run on other blockchains, such as a PumpFun “V2”. However, this is expected to be a “Final Extraction” event, so it is imperative that traders be careful when engaging with meme coins. Featured image from Dall.E, chart from TradingView.com
The Dogecoin team has made an “important” announcement to the community, revealing five developments as they supposedly make a transition. This comes as DOGE attempts to reclaim the psychological $0.10 level with the crypto market rebounding. Dogecoin Team Drops Important Message To DOGE Community In an X post, the Dogecoin team announced that, effective immediately, they are undergoing a full corporate restructuring and are transitioning to DogeCoin Financial Solutions LLC. As part of this transition, the team will be retiring the Shiba Inu logo in favor of a “tasteful navy blue emblem.” Related Reading: What Does The SpaceX IPO Have To Do With The Dogecoin Price? The team also plans to launch a 67-page whitepaper titled ‘Toward a Synergistic Decentralized Liquidity Framework.’ They will also be rebranding the community from the DOGE Army to stakeholders. Furthermore, the team will discontinue the use of the words ‘wow,’ ‘much,’ and ‘very’ across all communications. Lastly, they plan to schedule the moon for FY26 Q3. The Dogecoin team also explained that the legal team has advised them not to say ‘wow’ as it has been determined to be a forward-looking statement that should not be taken as financial advice. “We believe this pivot positions DogeCoin Financial Solutions LLC™ for maximum enterprise scalability and shareholder value optimization going forward,” they added. The message has instantly drawn reactions among members of the Dogecoin community, with many speculating that it is likely an ‘April Fools’ message, indicating that the announcement is likely a joke. BuildrJ, a founding member of DogeOS, also joked that DogeCoin Financial Solutions had engaged in an LOI that underpins a full acquisition of DogeOS and MyDoge. The acquisition also sees the imminent release and transition of MyFoge V3 to an “AI-powered astronomy app.” DOGE Seeing Increased Activity The “important” message from the Dogecoin team comes just as DOGE is seeing increased activity on the network. In an X post, crypto analyst Ali Martinez revealed that Dogecoin’s active addresses have surged 28% in the past week, rising from 57,000 to 73,000. The analyst had previously noted that DOGE was consolidating within a descending triangle, suggesting a 29% move could be on the horizon. Related Reading: Here Are The Main Levels To Watch After Dogecoin Price Completed A Clean Kumo Rejection The Dogecoin price is poised to reclaim the key $0.10 level as tensions between the U.S. and Iran ease. U.S. President Donald Trump recently said that the Iran war could end within the next two to three weeks. Meanwhile, Iran has signaled that it is ready to end the war as long as the U.S. meets its demands. Another positive for DOGE is the imminent launch of X Money, which could eventually move to integrate Dogecoin payments. At the time of writing, the Dogecoin price is trading at around $0.09222, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
New wallet creation in the Shiba Inu ecosystem has held steady at between 5,000 and 12,000 per month, pushing total holders past 1.50 million — a sign that retail interest has not dried up despite a rough stretch for the token’s price. Related Reading: UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings Tokens Flow Back To Exchanges That growth figure, released by the Shibarium team, comes at an awkward time. On-chain data from CryptoQuant shows that nearly 40 billion SHIB tokens moved into exchanges over a 24-hour window ending March 26, with outflows failing to keep pace. The result was a positive netflow — a condition that typically signals more selling firepower sitting on trading platforms. Exchange reserves climbed from 81.20 trillion to 81.29 trillion tokens during the same period, confirming the trend. When holders move tokens off private wallets and onto exchanges, it does not always mean a sell-off is coming. But it does mean those tokens are now within easy reach of anyone looking to exit their position quickly. With market conditions still choppy, that availability matters. SHIB dropped 4% over that same 24-hour stretch. The decline was not isolated — broader crypto markets also fell during this period. Still, the token’s technical picture added its own weight to the slide. Price Hits A Wall At Triangle Resistance According to analysts, SHIB attempted to push through the upper boundary of a descending triangle pattern and was turned away. Descending triangles are generally considered bearish formations. Each failed attempt to break through the top of the pattern tends to reinforce selling momentum, and this rejection was no different. The price pulled back after failing to clear that level, adding to what had already been a difficult day for the token. The combination of a technical rejection and rising exchange inflows gave traders little reason for confidence in the short term. Related Reading: Ethereum Supply Tightens As Staking And Outflows Hit Record Highs Ecosystem Activity Tells A Different Story The Shibarium team’s wallet data points to an ecosystem that is still drawing in new users. Between 5,000 and 12,000 new wallets were created monthly — a pace that has been consistent enough to push the holder count beyond the 1.50 million mark. More wallets generally mean more participants, and more participants tend to support demand over time. Whether that longer-term demand is enough to absorb the near-term selling pressure is a question the market will answer on its own. For now, both forces are visible in the data — one pulling the price down, the other quietly building underneath it. Featured image from A-Z Animals, chart from TradingView
Shiba Inu is trading near a key support floor, and the numbers piling up on exchanges are giving traders reason to watch closely. Related Reading: Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War The token is currently changing hands at around $0.000005603, down roughly 1% over the past 24 hours, while a growing stockpile of coins on trading platforms signals that more selling pressure may be building. RSI Reading Points To A Market In Wait-And-See Mode The Relative Strength Index for SHIB sits at 55 — technically neutral territory, where neither bulls nor bears have a clear edge. That number tells a story on its own. Buyers aren’t charging in. Sellers aren’t panicking out. Both sides are watching. Meanwhile, trading volume has fallen 24% in 24 hours to roughly $120 million, which means the market is quieting down at exactly the wrong moment for SHIB holders hoping for a breakout. On-chain data from CryptoQuant shows that around 200 billion SHIB tokens have flowed into exchanges over a short window. When traders move tokens onto exchanges rather than keeping them in private wallets, it usually means they’re positioning to sell or shift holdings. Sitting against a total exchange reserve of about 80 trillion SHIB, 200 billion may look small. But with a supply this large, even small movements carry weight. Price Stuck Below A Wall At $0.000006403 SHIB has tried and failed multiple times to push past the $0.000006403 resistance mark. The most recent attempt came on March 16, when the price briefly spiked before getting knocked back down in a single session, pulling the token toward its current support at $0.0000056. The pattern forming on the daily chart is one of distribution — meaning holders appear to be gradually offloading tokens rather than accumulating more. Active addresses on the network did nudge up about 1% in the past day, a sign that users are still engaged. But that uptick in activity hasn’t translated into any upward move in price, which suggests demand simply isn’t keeping pace with the tokens being pushed onto the market. Related Reading: Bitcoin Gains Ground On Gold Even As Both Assets Slide A Drop To $0.0000052 Could Follow If Selling Picks Up The next line of defense for Shiba Inu sits at $0.0000052. If exchange inflows keep rising and buyers stay on the sidelines, that level could be tested sooner rather than later. Reports indicate the token remains in a consolidating phase with no clear catalyst visible to break it higher in the short term. What happens next depends largely on whether demand picks up fast enough to absorb the growing exchange supply. For now, the balance is tilting in one direction. Featured image from Unsplash, chart from TradingView
The wallet sat quiet for almost two years. No trades, no movement — just billions of Shiba Inu tokens parked on-chain while the market did what it wanted. Then, on March 15, it all moved at once. A Long Wait That Ended In The Red Blockchain data from Arkham Intelligence shows that a wallet identified as “0xbOe8” sent roughly 14.5 billion SHIB to crypto exchange OKX last Sunday. The tokens first moved to an intermediary wallet before landing in OKX’s hot wallet. When the dust settled, the investor recovered just $84,640 — a fraction of the $506,830 originally spent. The math is brutal. That works out to a loss of about $422,190, or 80% of the entire investment. For nearly two years, the wallet showed almost no activity. On-chain records indicate the only movements during that period were small spam transfers — nothing that looked like active trading or any attempt to cut losses early. The original purchase was made on Binance in March 2024, when SHIB was deep in a rally that pushed the token to a high of around $0.000045. Buyers at that level were betting the momentum would carry further. It didn’t. Bought At The Peak, Held Through The Drop Since that March 2024 high, SHIB has shed roughly 82% of its value. The token now trades around $0.0000063. At its lowest point this past February, the price had fallen to about $0.0000051 — an 85% drop from where this investor got in. Holding through that kind of decline takes either conviction or inertia. Based on the on-chain record, this wallet did nothing for close to two years. No partial sells, no rebalancing. The position just aged while the price eroded. When the wallet finally moved on Sunday, the token ended up at OKX — widely seen as a signal that a sale was imminent or already executed, given that hot wallets on exchanges are typically used for active trading. Related Reading: Another Bitcoin Buy Coming? Saylor Sparks Speculation With ‘Orange Dots’ Post The Flip Side Of The Same Coin Not every SHIB holder has a story like this one. Reports note that some early buyers turned small initial amounts into life-changing returns, though those cases largely belong to an earlier era of the token’s history. The meme coin launched in 2020, and its biggest gains came in 2021, when prices spiked by several thousand percent. Featured image from Pethelpful, chart from TradingView
Shiba Inu (SHIB) has experienced a sudden increase in futures net flows, skyrocketing more than 1,549% in one day. The spike comes amid broader market volatility and negative sentiment, which has pushed SHIB’s price to record lows. Despite the ongoing downtrend, the recent increase in net flows signals growing activity among derivative traders. Additionally, this pattern may indicate potential support for a strong bullish trend if the latest inflows translate into sustained buying activity. Shiba Inu Sees Massive Surge In Net Flows The Shiba Inu ecosystem has seen a dramatic shift in its futures market, with net flows surging by an astonishing 1,549.47%, according to CoinGlass data. The sharp increase reflects a notable but brief change in trader behavior, with more capital flowing into SHIB futures contracts than exiting them over 24 hours. Related Reading: Shiba Inu Whales Are On The Move Again, But In What Direction? Notably, on-chain data shows inflows of $14.52 million and outflows of $13.80 million, resulting in a net inflow of about $446,810. While such a massive jump is partly due to very low net flows the day before, it still signals growing interest and adjustments in positions among derivative traders. Interestingly, the increase in futures net flows comes after a downward pressure in the SHIB price. Since 2025, the popular meme coin has traded sideways, ending the year in the red and continuing its downtrend in 2026. Although it experienced a brief recovery in January, when many meme coins spiked, Shiba Inu eventually gave up those gains. Nevertheless, the influx into futures contracts suggests the traders may be anticipating a reversal or preparing for heightened volatility. Sometimes, positive inflows in derivatives can foreshadow increased buying pressure, especially if they reflect new long positions driven by risk appetite. As of March 16, 2026, Shiba Inu is trading above $ 0.000006, indicating a strong recovery, with more than a 17% gain over the past day. The meme coin is trending upwards, with its market capitalization spiking by approximately 8% and total trading volume over the last 24 hours rising by more than 96%. Related Reading: Don’t Hold Your Breath: AI Prediction Says Shiba Inu Won’t Hit All-Time High This Year With the market finally recovering after months of consolidation, this could be the perfect opportunity for bulls to capitalize on any lingering positioning from the latest netflow spike and push SHIB above key levels. Analyst Predicts SHIB Price Could Delete A Zero In a technical analysis on X, crypto expert SHIB Knight commented on Shiba Inu’s latest rebound and continued increase. The analyst stated that “the market is healing,” highlighting the meme coin’s ongoing recovery from recent sell-offs and price swings as well as its potential for further upward momentum. He explained that Shiba Inu’s rebound began once Bitcoin’s price rose above $70,000. For his price forecast, he predicts that Shiba Inu could shed a zero in the coming day. The analysts noted that he is currently watching for a ceasefire or some form of resolution between the US and Iran as a potential factor that could influence overall market direction. Featured image from Unsplash, chart from Tradingview.com
The Ethereum co-founder said he expected the Future of Life Institute to cash out $10-25 million from his 2021 meme coin donation. It liquidated roughly $500 million and pivoted to political advocacy he worries could lead to "authoritarian" outcomes.
A new analysis from crypto analytics platform CoinCodex paints a grim picture for Shiba Inu (SHIB) investors who are still holding out hope for a repeat of past highs this year. According to the AI platform, SHIB is highly unlikely to approach, let alone reach its 2021 all-time high in 2026. The dog-themed meme coin has been volatile, with analysts indicating that its broader outlook remains largely bearish. CoinCodex’s recent price forecast for Shiba Inu offers little optimism for the popular meme coin in the near term. The AI algorithm, which factors in historical price behavior, market volatility, and Bitcoin halving cycles, concludes that SHIB has no realistic path to regaining its all-time high in 2026. Shiba Inu Unlikely To Reach ATH In 2026 Notably, Shiba Inu hit an ATH of approximately $0.000088 in 2021, a level it has failed to revisit in years. As of March 12, 2026, the meme coin trades around $0.0000058, which puts it more than 93% below that historic peak. Closing that gap would require a staggering price rally of roughly 1,400%, which is about 15x its current price. Related Reading: Shiba Inu Whales Are On The Move Again, But In What Direction? CoinCodex notes that the broader market picture for SHIB is broadly negative across almost every key metric. Currently, sentiment is 71% bearish and 29% bullish, and the Fear and Greed Index sits at 15, placing the market in extreme fear territory. In the past 30 days, SHIB has closed green only 11 times, meaning it posted gains on just 37% of trading days. Volatility is also elevated at 6.8%, reflecting sharp price swings without any sustained upward direction. Additionally, technical indicators are stacking up heavily on the bearish side, with CoinCodex showing 20 sell signals for Shiba Inu compared to just 8 buy signals. Furthermore, SHIB’s 50-day Simple Moving Average (SMA) sits at $0.0000065, and the 200-day SMA at $0.0000093, both well above the current price and equally pointing toward continued selling pressure. CoinCodex also highlights that Shiba Inu’s 14-day Relative Strength Index (RSI) currently reads at 42.89, landing in neutral territory but trending toward the lower end of the scale. Alongside the moving averages, this reading illustrates a glaring weakness in momentum with no clear signal that buyers are ready to step in and push prices toward ATH levels. CoinCodex Reveals Long Road Ahead For SHIB CoinCodex’s short-term projections offer modest upside from current levels, with the one-month forecast showing a potential gain of around 6.76% to $0.0000061. However, that mild optimism fades quickly, as the AI model projects SHIB could end 2026 below where it trades today. Related Reading: Analyst Shares The Best Time To Buy Shiba Inu, And The Best Time To Sell The longer-term outlook also does little to encourage investors and holders. Any meaningful price recovery is not expected to happen until well into the 2040s, and even the most optimistic long-range forecast still falls short of the 2021 all-time high. Adding to this lackluster outlook, CoinCodex notes that Shiba Inu’s support and resistance levels are compressed into a very tight range, suggesting that the market has little room for a breakout in either direction. For now, SHIB remains range-bound, with no evident short-term catalyst strong enough to propel it back to its historic peak. Featured image from Adobe Stock, chart from Tradingview.com
AI predictions from Grok and ChatGPT have provided insights into how high the Shiba Inu price could rise if Dogecoin hits $10. Notably, such rallies would put the market caps of these meme coins at levels that would need the crypto market cap to reach trillions of dollars for DOGE and SHIB to reach these price levels. AI Predicts How High Shiba Inu Price Could Reach If Dogecoin Hits $10 Grok made two predictions about how high the Shiba Inu price could reach if Dogecoin hits $10, based on percentage-gain and market-cap-ratio scenarios. A rally to $10 for DOGE is a 105x gain from its current price level. This means that SHIB could rise from its current price level to around $0.00058 if it mirrors a similar percentage gain. This would also give SHIB a market cap of around $340 billion based on its circulating supply of 589 trillion coins. Related Reading: Is It Time To Give Up On Dogecoin And Shiba Inu? On-Chain Metrics Has Answers ChatGPT also drew the same conclusion, predicting that the Shiba Inu price could rally to $0.0005967 if it grew at the same rate as Dogecoin during its rally to $10. Grok noted that both meme coins could grow at the same rate because they often move in tandem as they are leading meme coins with overlapping communities. Notably, both meme coins also share a positive price correlation of between 0.78 and 0.83. Meanwhile, for the market cap ratio scenario, Grok noted that this is more grounded as SHIB has a far higher supply than Dogecoin. SHIB’s current market cap is $3.26 billion, while DOGE’s is $14.3 billion. A rally to $10 would give Dogecoin a $1.5 trillion market cap. If SHIB were to capture 10% of this projected market cap, then the Shiba Inu price could reach a market cap of $150 billion, which equates to a price target of $0.00025. Furthermore, the Shiba Inu price could rally to $0.00063 if it captures 25% of Dogecoin’s projected $1.5 trillion market cap. Meanwhile, it would reach $0.00127 and $0.0025 if it captures 50% and 100% of the market cap, respectively. Factors That Affect Such Bullish Momentum Grok noted that SHIB’s supply of around 589 trillion tokens makes it harder for the Shiba Inu price to reach such high valuations than Dogecoin, which has an infinite but slower inflation. As such, Shiba Inu will need extreme burns for it to reach these high price targets. Notably, SHIB burns have slowed in recent times due to low demand amid the crypto market downtrend. Related Reading: Dogecoin Vs. Shiba Inu: What Meme Coin Should You Buy For Most Returns In 2026? Grok also mentioned that meme coins are volatile and sentiment-driven and that Elon Musk’s tweets, broader crypto bull runs, or hype can cause outsized moves. However, for Dogecoin to reach $10, the AI warned that the meme coin would need unprecedented adoption or utility. Also, the AI noted that past bull runs are no guarantee of how high DOGE and Shiba Inu prices could rise, as correlations can break across different market phases. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu’s price trajectory has continued to disappoint investors with what seems like a never-ending sell-off. As a result of one year of downtrend, the Shiba Inu price has dropped more than 93% from its 2021 all-time high, now barely resting on levels not seen in two years. While this is going on, though, the bulls seem to be ramping up as the Falling Wedge Support continues to hold strong. Now, the question is, what happens if bulls are able to facilitate a bounce? Why Shiba Inu Could See A 500% Bounce According to crypto analyst Jonathan Carter, the Shiba Inu price is now sitting in a unique position that could trigger the next upward wave. This has to do with the Falling Wedge Support still holding strong, even after multiple attempts to break it. Related Reading: XRP Price Gears Up For A Major 680% Move Against Bitcoin To Reach $10 This shows that the level around $0.0000054 has become a stronghold for bulls. Thus, it has become an important entry level for investors looking to get back in, provided that the bulls are able to continue holding this support and trigger a lift-off from here. Once this support and the eventual bounce is completed, the first major level that the analyst outlines is at $0.0000068. It is the first of all the major targets that the Shiba Inu price has to surmount before continuing its journey toward the final target. Next on the list is the $0.00001, which has become a major psychological level and resistance. Once this is completed, then it leads to the third major resistance lying at $0.000013. However, bulls might find it easier to beat this level given how it has performed in the past. Related Reading: Expert Trader Says Bitcoin Surge To $220,000 Is Coming, But This Will Happen First The fourth target on the list lies at $0.000016, and at this point, the price would have risen 3x already. The uptrend could be in full bloom by then, leading to the next major support at $0.000022, where the bulls are likely to encounter the most resistance. The last and final target is placed at $0.000033 by the analyst. Going by the analysis, this would be the ideal level to sell after buying at $0.0000054. “Buyers are defending this established support zone as strength emerges from the consolidation phase,” the analyst said. Featured image from Dall.E, chart from TradingView.com
The performances of Dogecoin and Shiba Inu this cycle have been disappointing for investors, who have waited years for the possibility of new all-time highs. Nevertheless, these two remain the largest meme coins by market cap and are often the first stop for investors looking to get into the meme market. Using predictions from the CoinCodex machine learning algorithm, this report will focus on the two leading meme coins and which one could bring the most returns in 2026. Dogecoin Could End Up A Better Investment Than Shiba Inu Since the year 2026 began, both Dogecoin and Shiba Inu have struggled as their prices failed to see any notable recovery. But even this has not deterred expectations that the meme coins will recover. According to the CoinCodex website, both Dogecoin and Shiba Inu will see gains in the double-digits this year, but one will outperform the other. Related Reading: Here’s What’s Driving The Bitcoin Price Crash Toward $60,0000 Looking at the prediction for Shiba Inu, it shows that the highest point that the meme coin might reach this year lies at $0.000009277. Despite this being a 56.90% increase from the current levels, it is still more than 80% below its all-time high price of $0.00008. With this being the highest the meme coin is expected to go, investing in Shiba Inu could only end up bringing a 50% return on investment at best when buying at these levels. While this is a reasonable return, it pales in comparison to where the algorithm predicts Dogecoin could be in the same time period. Just like Shiba Inu, the Dogecoin recovery is expected to start out slow. However, the algorithm predicts that the rally will pick up toward the end of the year. In contrast to Shiba Inu’s highest returns being only 56.90%, the algorithm predicts that the Dogecoin price would rise by 124.71% in the third quarter of the year. Related Reading: Expert Crypto Trader Predicts The Exact Year Bitcoin Will Reach $250,000 This means that investing in Dogecoin could end up doubling investments when buying at current levels. Not only this, the algorithm predicts that the rest of the year will be green for not only Dogecoin, but for Shiba Inu as well, suggesting that 2026 could be the year of recovery for the crypto assets. However, for now, both Dogecoin and Shiba Inu continue to struggle with no sign of a recovery. This is largely due to the poor performance of Bitcoin, which seems set to crash below $60,000, plunging the crypto market into another bear cycle. Featured image from Dall.E, chart from TradingView.com
An analyst has pointed out how Shiba Inu’s break below the support line of a Parallel Channel could open the door to a target of $0.00000138. Shiba Inu Has Fallen Under Parallel Channel Support In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern that Shiba Inu has seemingly broken out of recently. The pattern in question is a “Parallel Channel,” which is a type of consolidation channel that forms whenever an asset’s price trades between two parallel trendlines. Related Reading: Bitcoin Social Sentiment Stays Bearish Even As Price Recovers From $60,000 Drop The upper level of the pattern is likely to be a source of resistance, while the lower one that of support. If the price manages to escape either of these boundaries, then it may be likely to experience a sustained move in that direction. Parallel Channels come in a few variants. Channels that have their lines sloped upward are known as Ascending Channels, while those with trendlines pointing down are called Descending Channels. In the context of the current topic, the third and simplest type of Parallel Channels is of interest: a channel that is parallel to the time-axis. This type of Parallel Channel corresponds to a phase of true sideways movement in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the weekly price of Shiba Inu was stuck inside for the last few years: As displayed in the above graph, the 7-day price of Shiba Inu retested the upper level of the Parallel Channel twice in 2024, but each time, the memecoin found rejection. During 2025, the cryptocurrency mostly consolidated near the midline of the channel, but the decline during the last quarter of the year meant that the coin plummeted toward the support line. With bearish price action continuing in 2026, the asset retested the level, but it failed to find a rebound and slipped right past it. This could be a potential sign that the memecoin is now breaking under the channel. As mentioned before, Parallel Channel breakouts can lead to sustained moves in the direction of the break. Such moves may end up being of the same length as the height of the channel. Based on this, Martinez has highlighted the $0.00000138 level, noting that the breakout could have opened the door to it. From the current SHIB price, this level is situated around 77% lower. Related Reading: Ethereum Whale Selloff Continues As Supply Share Drops Under 75% It now remains to be seen how Shiba Inu will develop in the near future, considering this development in its weekly chart. SHIB Price At the time of writing, Shiba Inu is floating around $0.00000615, down 2% over the last seven days. Featured image from Dall-E, chart from TradingView.com
Shiba Inu’s price action has been harsh lately. It plunged to about $0.0000063588 over a single weekend, wiping away months of gains and leaving many holders uneasy. Related Reading: Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says Market moves like that are driven by big-picture forces — macro weakness, lower appetite for altcoins, and a general pullback across crypto. Yet inside the project’s camp, voices are still billing a comeback as likely. That contrast between numbers on a chart and upbeat messages from the team is where most of the current debate sits. Lucie Voices Confidence According to posts by the project’s marketing lead, Lucie, SHIB “will come back” in time. She argues that networks built and kept alive by active communities have a stronger chance of lasting than tokens pushed mainly by paid promoters. ????SHIB ????will come back, and strong communities will carry on, pushing back to gains. Weak projects built on paid KOLs will fade, and better ones will be born. NFTs may regain momentum. New standards across AI will emerge. Pay attention, there will be opportunities to make… pic.twitter.com/TNft72aXJD — ???????????????????? (@LucieSHIB) February 2, 2026 Reports say she also hinted at fresh activity coming from developer Kaal Dhairya, and the lead developer Shytoshi Kusama has been linked to moves toward artificial intelligence and NFT-related work for the broader lineup that includes SHIB, TREAT, BONE, and LEASH. Those plans are being positioned as part of a longer-term effort to give the ecosystem more purpose beyond speculation. Community And Developer Activity There is some actual work happening, though it is mostly in early stages. Updates were teased but details remain thin. Many community members keep watching the developers’ channels for concrete timelines and product launches. At the same time, Lucie has repeatedly told people to only risk money they can spare and reminded followers that her words are not financial advice. That caution was repeated after the token slid back from $0.00001265 in March 2025 to fresh lows more recently. Signals from developers are being noticed, but they have not yet translated into sustained buying pressure. SHIBA INU COIN HOLDERS. HONEST TRUTH. 1. ALTCOINS HAVE BEEN BEARISH FOR 4 YEARS 2. $SHIB HAS UNDERPERFORMED 3. CAN SHIBA INU EVER COME BACK? 4. WHAT HAVE I LEARNED SINCE 2021 5. HOW CAN YOU ADJUST YOUR STRATEGY? Please Share This If You Get Value pic.twitter.com/YPvSL7ibRy — Zach Humphries (@ZachHumphries) February 3, 2026 Analysts Call For Realism Analysts and some community figures pushed back. Zach Humphries, among others, warned that being hopeful is fine, but it should not replace hard thinking about risk. Related Reading: Russia’s Biggest Exchange To Launch XRP Indices And Futures He noted that altcoins have underperformed for a long stretch since 2021 and that relying solely on team statements is risky. Diversification was urged. Some critics said the marketing tone is upbeat and that it can boost morale, yet market fundamentals need stronger backing to flip sentiment. Opinions in the space were split: some see potential if new features land and adoption grows, while others say the token’s long slump shows that talk alone won’t lift price. Featured image from thewave, chart from TradingView
A cryptocurrency analyst has pointed out how Shiba Inu is retesting a technical support level that could set the tone for what’s to come. Shiba Inu Is Retesting The Support Level Of A Parallel Channel In a new post on X, analyst Ali Martinez has discussed a support level for Shiba Inu. The level in question is the lower boundary of a Parallel Channel, a technical analysis (TA) pattern that forms whenever an asset trades between two parallel trendlines. Like other consolidation patterns in TA, the upper line of a Parallel Channel is considered to be a source of resistance, while the lower one is that of support. Either of these levels not holding up can signal a continuation of the trend in that direction. Related Reading: Bitcoin Net Taker Volume Sees Third-Largest Bearish Spike In 2 Years Parallel Channels can be of a few different types depending upon how the channel is oriented with respect to the graph axes. When the trendlines are sloped upward, the resulting pattern is called an Ascending Channel. Similarly, their pointing down forms a Descending Channel. In the context of the current topic, the third and most basic type is the one of interest: a channel that’s parallel to the time-axis. This pattern corresponds to a phase of complete sideways action in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the weekly price of Shiba Inu has been trading inside for the last few years: As is visible in the above graph, the 7-day Shiba Inu price has fallen to the support line of the Parallel Channel after the latest bearish price action. This level, located at $0.0000066721, was last tested by the memecoin in 2023. Back then, the line held and helped the cryptocurrency turn itself around. “For Shiba Inu $SHIB, everything depends on its ability to hold above the $0.0000066721 support level,” explained the analyst. It now remains to be seen how the asset’s price will develop in the coming days, given this potentially important retest. Related Reading: XRP Market Structure “Very Similar” To April 2022, Glassnode Says In the scenario that a breakdown happens, the levels highlighted by Martinez in the chart could become the next relevant ones: $0.0000029954 and $0.0000013522. The former is located below the Parallel Channel at a distance equal to half its width, while the latter is at the full width mark. SHIB Price Shiba Inu has slid down alongside the rest of the cryptocurrency market over the past week, but its losses have been more contained than some other major names. Even so, a weekly return of -9.9% shows that the bearish momentum hasn’t spared the memecoin. Featured image from Dall-E, chart from TradingView.com
Shiba Inu has spent recent weeks locked in a downward price action with bullish momentum fading and investor interest thinning without a clear bullish direction. However, holders may finally have something concrete to anticipate. Refreshing activity from Shytoshi Kusama, the Shiba Inu ecosystem’s lead developer, has diverted attention to a key moment expected on Sunday. Lead Dev Breaks Silence, Teases Sunday That dynamic began to change when Shytoshi Kusama, the pseudonymous lead developer and co-founder of the Shiba Inu ecosystem, resurfaced on X after a prolonged absence since early December. However, Kusama broke his silence this week with a thread on X explaining the reasons behind his inactivity and has since returned to regular posting and reposting activity. Related Reading: Bitcoin’s Slide To $82K Sets Off A $1.7 Billion Chain Reaction One post stood out more than the rest, in which Kusama hinted at a revelation scheduled for Sunday. In that message, he spoke about arriving at a discovery by pure chance and referenced what he described as an ancient marker older than time itself. Although the message was a bit cryptic, it immediately generated attention across the SHIB community, which has been hungry for direction and clarity amid recent challenges in Shiba Inu’s price action. The significance of Sunday became clearer following an interesting exchange between Kusama and a Shiba Inu community member who openly expressed concerns about transparency, reassurance, and leadership presence after recent ecosystem issues. The community member, known as RuggRat on X, noted how there has been no official statement or simple explanation of what happened from Kusama regarding the Shibarium exploit. This is in reference to the September 2025 Shibarim Bridge exploit, which saw attackers making off with $4.1 million worth of crypto assets. In response, Kusama acknowledged the concern, stating that silence can sometimes be strategic and framing Sunday as a moment for addressing issues step by step. “This is what Sunday is for. One at a time,” Kusama said. Fair. But sometimes silence is a weapon for quiet wars. This is what Sunday is for. One bandage. Take off. Fix. Put on. One at a time. — Shytoshi Kusama™ (@ShytoshiKusama) January 29, 2026 Shiba Inu’s Challenging Phase Has Tested Holder Confidence Shiba Inu’s price action has struggled to gain any meaningful upside traction since the beginning of 2026, an extension of its late 2025 run. At the time of writing, SHIB is trading around $0.0000071, keeping it pinned down by 1.8% and 10.5% in the past 24 hours and seven days, respectively. Price structure during this period has been marked by a series of lower lows, with persistent selling pressure leaving little room for a meaningful higher high to form. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech This prolonged stagnation has been difficult for many Shiba Inu holders, and many of them are increasingly becoming sellers. Furthermore, expectations around ecosystem expansion and utility has yet to reflect positively in the price. That environment is exactly why leadership communication has mattered more than usual. Featured image from Unsplash, chart from TradingView
The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question. Why The Shiba Inu Price Crashed The Shiba Inu price crashed amid significant selling pressure, with a SHIB whale sending billions of tokens to Robinhood, likely to offload these tokens. Arkham data shows that the whale (0x2d0…9f7bB) first sent 210.365 billion SHIB tokens, worth $1.63 million, to the crypto exchange. These tokens represented about 97% of the whale’s SHIB holdings. Related Reading: Shiba Inu Sell-Offs Incoming: 82 Trillion Deposits Threaten To Crash SHIB Price Further data from Arkham shows that the SHIB whale sent an additional 1.52 billion tokens to Robinhood and 7 billion tokens to liquidity provider B2C2 Group, which could be an OTC sale. The Shiba Inu price has notably crashed by over 7% in the last week, and it suffered its worst drop during this period yesterday amid the whale’s transfers. The whale now holds only 5.86 billion SHIB, worth $46,790. The Shiba Inu price also crashed due to the sell-off in the broader crypto market, led by Bitcoin. BC dropped to as low as $87,000 yesterday amid concerns over trade tensions between the U.S. and Europe stemming from the Greenland-linked Trump tariffs. However, the market recovered towards the end of the day as Trump announced that he had canceled the proposed tariffs, having reached a Greenland deal with NATO. Despite the recent Shiba Inu price crash, the meme coin is still up over 15% year-to-date (YTD) and ranks among the best-performing crypto assets this year. However, SHIb is still far off from its current all-time high (ATH) of $0.00008845. Exchange Netflows For SHIB Remains Mixed SHIB’s exchange netflows have remained mixed, indicating there is no clear accumulation pattern for the meme coin at the moment. CryptoQuant data shows that today’s net flows are negative, totaling just over 7 billion Shiba Inu tokens, suggesting that more coins are flowing into exchanges than out. However, the total exchanges’ netflows yesterday were positive, at 1.6 billion tokens, indicating more tokens leaving exchanges, which is bullish for the Shiba Inu price as it hints at accumulation from whales. On January 16, SHIB’s netflows were also positive, totaling around 115 billion tokens. However, the positive netflows on that day were overshadowed by the negative flows of 214 billion SHIB recorded on January 20. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% Crypto traders still remain bullish on the Shiba Inu price as CoinGlass data shows the long/short ratio is currently above 1. Derivatives trading volume has also jumped by over 20% while the open interest is up almost 3%. At the time of writing, the Shiba Inu price is trading at around $0.000007978, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu’s on-chain data shows an interesting dynamic among SHIB holders and their relationship with crypto exchanges. Recent metrics from CryptoQuant show sustained withdrawals from exchanges alongside a noticeable increase in burn activity in the past few days, all of which are signs of tighter supply conditions. This dwindling exchange supply reflects hundreds of billions of SHIB tokens removed from exchanges in recent days in a trend that dates back up to a year. Massive Decline In SHIB Held On Exchanges According to data from on-chain analytics platform CryptoQuant, SHIB exchange reserves have declined noticeably as whale wallets withdraw large amounts of tokens from trading platforms. On January 16, the total Shiba Inu exchange reserves stood at approximately 82.6 trillion SHIB. As of January 20, that figure has fallen to about 82.23 trillion SHIB. This change means that roughly 370 billion SHIB has been removed from exchanges in just a few days. Such movements are typically attributed to whale activity, as transfers of this size are rarely caused by retail traders. When whales move SHIB off exchanges, the tokens are often sent to cold storage or long-term holding wallets, reducing the amount of supply immediately available for selling. SHIB Exchange Reserve. Source: CryptoQuant This short-term outflow also fits into a much larger trend of outflows from crypto exchanges since January 2025. CryptoQuant data shows that SHIB exchange reserves were close to 140 trillion tokens in early January 2025. Since then, however, SHIB whales have steadily reduced exchange balances, and this has pushed the reserves down to current levels around 82.2 trillion SHIB. The consistency of this decline suggests deliberate accumulation or long-term positioning by large holders. SHIB Exchange Reserve. Source: CryptoQuant Whale Activity Correlates With Increased SHIB Burn Rates Burn activity across the Shiba Inu network has intensified alongside whales withdrawing SHIB from exchanges. According to recent on-chain data, the SHIB burn rate has witnessed a jump of more than 1,200% in the past 24-hour period, with almost 29 million SHIB permanently removed from circulation. Although burns are not exclusively initiated by whales, large holders often play a role by sending large tokens to burn addresses or interacting with ecosystem mechanisms like Shibarium that lead to burns. Data from the burn tracker website Shibburn shows that the bulk of these burns were made with one single transfer of 28 million SHIB tokens sent to burn address CA. SHIB Burn Rate. Source: Shibburn.com According to CryptoQuant data, over 51.2 billion SHIB tokens have been withdrawn from crypto exchanges in the past 24 hours alone. So far, Shiba Inu’s price action has not made a decisive move in response to these changes. At the time of writing, Shiba Inu is trading at $0.00000794, up by 1% in the past 24 hours but down by 7.6% in a seven-day timeframe. SHIB Exchange Netflow. Source: CryptoQuant Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that indicates that the Dogecoin price top is above $10. The analyst also highlighted the meme coin’s performance during past bull cycles to explain why it could rally to double digits. Dogecoin Price Eyes Rally Above $10 Based on These Fibonacci Extensions In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10, which would mark the top for the foremost meme coin. This came as he noted that the monthly DOGE chart highlights where major cycle peaks have historically formed using Fibonacci extensions and that this pattern is “remarkably consistent.” Related Reading: Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming The crypto analyst mentioned that in the first cycle, the Dogecoin price topped exactly at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern isn’t random but rather a structural behavior. He then stated that if this pattern continues into the next cycle, the data strongly suggests that the Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci level, which currently sits at $33.25. DOGECAPITAL added history doesn’t repeat perfectly, but it often rhymes. In this case, DOGE has followed its long-term Fibonacci structure with “near-perfect accuracy,” which is why he is confident that the meme coin could reach this price target. Meanwhile, it is worth mentioning that DOGECAPITAL’s accompanying chart showed that the Dogecoin price could reach this $33.25 target between now and 2028. Interestingly, the chart showed that DOGE could rally to as high as $100 if it reaches the upper boundary of the ascending channel. A rally to these targets would mark new all-time highs (ATHs) for the meme coin, whose current ATH is $0.74. Market Cap Doesn’t Matter For DOGE A potential Dogecoin price rally to $33.25 would give the meme coin a market cap of around $5.6 trillion. However, DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said that if it did, half the insane runs in crypto wouldn’t exist. The analyst noted that Shiba Inu exploded to a massive valuation in 2021 with no “realistic” justification, yet the market still sent it to such highs. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and that the Dogecoin price has topped at the 4.236 Fib level in two separate cycles. He added that this is the entire point of the chart and that it is not tied to any quarter, fundamentals, or market cap logic. The analyst also claimed that short-term volatility doesn’t erase a decade-long pattern and that if the Fib structure breaks, he will adjust accordingly. At the time of writing, the Dogecoin price is trading at around $0.14, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
On-chain data show a significant amount of Shiba Inu still held on exchanges, putting the SHIB price at risk of a decline due to sell-offs. This comes amid a positive increase in net flows, indicating that more coins are flowing into exchanges, likely to offload them. SHIB Price At Risk With 82 Trillion Shiba Inu On Exchanges CryptoQuant data shows that the Shiba Inu exchange reserve is at 82 trillion coins. This indicates higher selling pressure, especially as the value has risen from around 81 trillion at the start of the year. Amid this development, the SHIB price has trimmed some of its year-to-date gains, with the meme coin dropping from a high above $0.000009 just as the exchange reserve rose. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% Another bearish indicator for Shiba Inu at the moment is the exchange netflow. Further data from CryptoQuant show that the exchange netflow has turned positive, indicating that more coins are being deposited into exchanges than removed. As such, the meme coin is likely currently facing more selling pressure than buying pressure, putting the SHIB price at risk of a decline. Notably, the Shiba Inu exchange netflow turned positive just as the SHIB price reached its yearly high above $$0.000009. The recent bearish sentiment in the broader crypto market has likely contributed to these sell-offs for SHIB, with the Bitcoin price dropping back to $90,000 after rising above $94,000 at the start of the year. Activity in the Shiba Inu derivatives market also paints a bearish picture for the SHIB price. CoinGlass data shows that trading volume has dropped by just over 5%, to $203 million. SHIB’s open interest is also down over 7%, dropping to $108 million. However, a positive is that most traders are still bullish on the meme coin, with the long/short ratio above 1. An Increase In SHIB Whale Transactions A positive for the SHIB price is that whales still appear to be bullish on the meme coin. On-chain analytics platform Santiment recently pointed out a 111% spike in Shiba Inu’s whale transactions. Thanks to this development, SHIB ranks among the tokens with a market cap of at least $500 that have seen an increase in whale transactions above $100,000. Related Reading: Shiba Inu End Of Year Predictions Remain Bearish, High Volatility Expected Meanwhile, CryptoQuant data show that the number of daily Shiba Inu active addresses has climbed since the start of the year and has remained above the 3,000 threshold. This is a positive as it indicates that attention is now returning to the SHIB ecosystem, which could positively impact the SHIB price once the crypto market rebounds again. At the time of writing, the Shiba Inu price is trading at around $0.000008752, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Sketchfab, chart from Tradingview.com
The Shiba Inu price has recorded an unexpected gain of more than 13% recently, decisively breaking away from the extended bear trend that had suppressed its momentum. Notably, 2026 is already shaping up to be a transformative year for the crypto market, with meme coins like Shiba Inu benefiting from the broader bullish shift and growing demand. With the Shiba Inu price now testing higher valuation zones, on-chain data has revealed the underlying forces behind its recent price surge Key Drivers Behind The Shiba Inu Price Rally Shiba Inu surged more than 13% on Sunday, January 4, as the broader 2026 meme coin frenzy began unexpectedly and continued to rotate capital among speculative assets. According to data from Santiment, a crypto analytics platform, SHIB’s sudden upside move was largely driven by aggressive accumulation from top whales rather than a surge in retail demand. Related Reading: Here Are The Top Meme Coins Leading The Crypto Recovery Ahead Of Dogecoin And Shiba Inu In a post on X, Santiment analysts noted that large holders were tightening their grip on Shiba Inu’s supply amid muted retail distribution. This behaviour points to growing confidence among dominant whale wallets and suggests that the recent price rally was not fueled by short-term, hype-driven buying. Price data also shows the Shiba Inu climb began at the start of January this year, after spending several weeks consolidating near recent lows. Notably, the recent bounce followed a prolonged downtrend that spanned late October through December 2025, making the 13% price jump stand out as a clear shift in momentum. Overlaying the price action is a rising line on Santiment’s chart that tracks the percentage of SHIB supply held by the top 10 whale wallets. While prices fluctuated throughout the second half of 2025, this metric steadily increased, signaling consistent accumulation even as broader market conditions remained weak. At the time of the analysis, the 10 largest Shiba Inu wallets collectively controlled about 62.65% of the total supply. Such a high level of concentration is unusual and gives large token holders significant influence over short-term price movements. The single largest wallet alone held roughly 41% of the total SHIB supply, valued at approximately $3.3 billion. Related Reading: Shiba Inu Lead Dev Reacts To Wild Development On Coinbase Involving $35 Million In SHIB Meanwhile, other top whale wallets each controlled between 2.8% and 5.7%, with several individual addresses worth hundreds of millions of dollars. Notably, the timing of Shiba Inu’s 13% price jump aligns with a visible uptick in whale concentration at the far right of the chart. As more supply became locked up, available liquidity thinned, allowing relatively modest buying pressure to push prices significantly higher. Shiba Inu’s Total Gains In 2026 So Far According to Santiment, Shiba Inu’s performance in 2026 now stands at a gain of more than 32% Year-to-Date (YTD). If wallet concentration remains elevated and whales continue to grow wealthier, volatility is likely to persist as prices respond quickly to shifts in large-holder behavior. At the time of writing, Shiba Inu is trading at $0.00000916, reflecting a roughly 5% increase in just one day. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu (SHIB) has ridden a fresh wave of speculative buying this week, with the token jumping nearly 16% while the broader meme coin sector surged. Related Reading: $18 Million Ethereum Loss Sends Whale Running To Gold According to Santiment, total meme coin valuation rose by about 23% over the period as traders piled back into higher-risk tokens. Trading volumes jumped from $2.16 billion to roughly $8.6 billion, a whopping increase that shows how fast money rotated into this corner of the market. Supply Concentration Raises Eyebrows Reports have disclosed that supply remains highly concentrated among a handful of wallets. The top 10 holders control over 60% of SHIB’s maximum supply, which equals around 1 quadrillion tokens. ???????? Meme coins, the most “speculative” of assets, have proceeded with their post-holiday run. The entire meme market cap is now above $45.3B, growing by +20.8% in just the past week. ???? Notable 7-day gainers include: ???? $PEPE +54% ???? $USELESS +54% ???? $MOG +38% ???? $DOG +36% ????… pic.twitter.com/htdfiXLaLf — Santiment (@santimentfeed) January 4, 2026 Those wallets together hold about 630 trillion SHIB. Based on Santiment’s figures, the official burn wallet alone holds roughly 40% of the total supply, a stake valued at over $3 billion. This kind of concentration can magnify price swings if large holders move coins onto exchanges or sell. Technical Setup Points To A Test Analyst Charting Guy flagged the token’s weekly chart as “looking good” in a January 4 tweet, noting a strong weekly candle that closed up 22%. Based on reports, SHIB started 2026 at $0.000006904 and has since pushed higher. $SHIB weekly looks good pic.twitter.com/YigTTQ3kEW — Charting Guy (@ChartingGuy) January 4, 2026 The meme coin briefly traded above $0.0000093 before a pullback and is currently around $0.000008766. Year-to-date gains sit near 64% and the token was up 2.14% over the past 24 hours and 15.7% over the last week. Charting Guy’s chart shows SHIB approaching the tip of a long-running descending trendline that traces back to a high of $0.0000334 in December 2024. A break above that line would raise the chance of a larger move higher. Meme Coins See Wide Gains Other tokens have also posted big moves. Dogecoin recorded about a 20% rise while Pepe surged roughly 65% over the same span. The group’s sharp gains came as speculative interest accelerated and traders chased short-term returns. Related Reading: A Maduro Bet, A Market Alarm: US Lawmaker Targets Trading Abuses Market Volume And Trader Behavior Santiment’s data highlights that trading activity spiked dramatically, signaling a swift return of hot money to meme coins. The jump from $2.17 billion to $8.7 billion in daily traded value shows more participants are active and willing to take bigger risks. Based on the mix of heavy supply concentration and a crowded technical setup, Shiba Inu’s path could widen in either direction. A decisive breakout above the descending trendline might extend last week’s rally, while heavy selling from large wallets could trigger sharp pullbacks. Featured image from Gemini, chart from TradingView
Crypto analyst Quantum Ascend has published a weekly-chart “roadmap” for Shiba Inu (SHIB) in a new video, laying out three upside targets for a potential altcoin cycle, while warning that SHIB’s deep multi-year drawdown could cap the move if macro conditions deteriorate. The Base Case For Shiba Inu Price In his X post, Quantum Ascend listed “Altseason Targets” as a conservative level (“$0.47 e-8,” as written), a “Primary” target of $0.00014, and a “Blow-Off” target of $0.00035. In the video, the analyst anchored the roadmap to Elliott Wave-style structure and Fibonacci extensions, and emphasized that the bullish path is conditional, not guaranteed. Starting from SHIB’s 2021 peak and the subsequent collapse, the analyst said the drawdown returned price to a historically meaningful zone: “Count out the five wave moves there pretty cleanly, but since then, nothing but a drawdown… Came back down right into this wave four low.” Related Reading: Shiba Inu Scores US Regulated Derivatives Entry Via Coinbase From that setup, Quantum Ascend argued the decline can be read as a “crashing pattern” that often resolves with a reversal back toward prior highs. “So you have your five waves down, and typically what’ll happen, price will roll back up to the fourth wave, and then what it does is it’s going to come take out this fifth wave. This is six, come take out that fifth wave, even if it’s just a little for a wave seven, then it’s done and it turns back the other direction, right? So when we’re looking at it from this perspective, we can see pretty textbook for the level it went to,” the analyst said. “So now that you see the case for a new high… we got to start taking these fibs into play here and figure out, all right, where’s some logical price levels for this thing to end up.” Quantum Ascend then flagged the biggest constraint: SHIB’s magnitude of drawdown relative to prior-cycle behavior. “The one thing that’s stopping me from saying, yep, 100%, we’re going to see new highs, is going back to 2021, price is down 93% at the worst and right now down 92%,” the analyst said. “Back in 2021, coins that set their highs in 2017 and had a 90% plus drawdown did not set new highs in the 2021 cycle… So this is a four-year range down 90 plus percent. It fits the parameter of some of those other coins that never ended up going off into a new all-time high.” Related Reading: Shiba Inu Remains A Familiar Crypto Name As Losses Pile Up If that historical analog holds, the analyst said SHIB could be tracing a larger corrective structure rather than a fresh impulse. “If that’s the case, then this count would be five waves up and then we have an A, B into the retracements, and then C would start taking us much lower. That coincides with a recession-depression type feel,” the analyst said, adding: “And I do believe that that is the base case moving forward here… It’s just really important to understand the broader macro climate. Like this Shiba isn’t going unless everything else is lined up.” The Bullish Case For SHIB Price Even so, Quantum Ascend laid out upside zones using confluence between broader and nearer-term Fibonacci ranges. The analyst’s stated primary target for an “altseason environment” is the 1.618 Fibonacci extension at roughly $0.00014 which translates to a 1,800% rally from the current price. He added: “My blow-off is going to be a full 4.236 extension here of this range.” The blow-off scenario hits $0.00035, but was presented by him as technically possible but unlikely. Market-cap math was used as a reality check. “The thing I’ll say about SHIB is it’s at a $4.2 billion market cap right now. That’s pretty big, especially for what it is,” the analyst said, estimating that a move to the conservative area would imply roughly a $25 billion valuation and that the most extreme scenario would push into triple-digit billions. “That is massive getting up there… That’s like a 50x from where we’re at. And at that point, you’re talking 200 billion for a coin that doesn’t really do anything… In no way, shape, or form is this my base case.” $SHIB | @Shibtoken ????️ Macro Structure Points to New Highs ↗️ Altseason Targets???? ➤➤ Conservative: $0.47 e-8 ➤➤ Primary: $0.00014 ✅ ➤➤ Blow-Off: $0.00035 Here’s the Roadmap???? pic.twitter.com/nWxQsVtLvv — Quantum Ascend (@quantum_ascend) December 18, 2025 Despite publishing upside targets, Quantum Ascend stressed exit discipline over maximal upside capture, noting he does not hold SHIB. “I don’t own this coin, but if I did, I would be layered out all in this area [from the 0.5 Fibonacci level at $0.00004699] … I’d be done by the time it got up to that 1.618 Fibonacci at $0.00014,” the analyst said, arguing that “dollar cost averaging both in and out is a great strategy” in a meme-coin trade that ultimately depends on broader liquidity and risk appetite. At press time, SHIB traded at $0.00000738. Featured image created with DALL.E, chart from TradingView.com
According to reports, Coinbase has launched regulated futures linked to Shiba Inu, opening the token to trading on a US derivatives venue. Related Reading: Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven The new products include perpetual-style contracts and monthly futures tied to what Coinbase calls the 1k SHIB index (a 1,000 token index), with trading scheduled to run 24/7. The rollout began on December 5, 2025, as part of a broader push by the exchange to add altcoin derivative listings under US rules. Regulated Futures Hit The Market Reports have disclosed that the perpetual contracts operate like offshore swaps in form but are offered through Coinbase’s regulated platform and are designed to include a funding-rate mechanism to keep prices close to spot. Now live: Trade US Perpetual-Style Futures for all altcoins on Coinbase Derivatives, available 24/7. → Shiba Inu $SHIB → Avalanche $AVAX → Bitcoin Cash $BCH → Cardano $ADA → Chainlink $LINK → Dogecoin $DOGE → Hedera $HBAR → Litecoin $LTC → Polkadot $DOT → SUI $SUI →… pic.twitter.com/yjS2XsQ2jN — Coinbase Markets ????️ (@CoinbaseMarkets) December 15, 2025 Monthly contracts were made available as an initial phase. Clearing and settlement are handled inside systems compatible with US oversight, and the products are described as compliant with Commodity Futures Trading Commission frameworks. What Traders And Institutions Might Do Market participants say having regulated futures can change who trades a token. Institutional desks and some large funds often need regulated venues and clearer custody paths before they increase exposure. Added liquidity and round-the-clock pricing may attract more active traders, and that could raise volume. At the same time, access to futures also makes it easier to bet against the token, which can push volatility up. Reports note that immediate moves in spot markets have been mixed, showing that access to derivatives does not automatically lift the token’s price. Because SHIB has regulated futures on Coinbase (“1k Shib Index”), it qualifies for spot ETF consideration under the same SEC pathway Bitcoin and Ethereum followed. The big picture for SHIB •SHIB now joins the “ETF-watchlist club” with other futures-backed cryptos. •If/when… pic.twitter.com/cZPxUWWhBn — ???????????????????? (@LucieSHIB) September 18, 2025 Market Context And Exchange Strategy Coinbase’s decision follows steps the exchange has taken to grow its derivatives arm. Company filings and public letters in 2025 framed derivatives growth as a strategic priority, and the firm has pursued deals and product launches to expand those capabilities. Related Reading: Ethereum Meets Wall Street: JPMorgan Rolls Out Tokenized Fund One notable deal disclosed earlier involved an agreement valued at close to $3 billion to strengthen derivatives know-how and infrastructure. This background helps explain why Coinbase is offering altcoin futures that trade continuously, under a regulated roof. Featured image from Gemini, chart from TradingView
Shiba Inu has kept a spot in crypto talk even as its price has slid sharply. According to reports, the network had a market cap of $5 billion as of Dec. 6, and it still draws attention because people know the name. That visibility, however, does not settle the debate over whether the token belongs in a long-term portfolio. Related Reading: Bitcoin Headed For $200 Trillion? CEO Makes Bold Prediction Shiba Inu’s Price And Market Size Based on reports, Shiba Inu has seen massive moves over several years. Roughly five years ago it traded near $0.0000000001684; at the time of writing, it is quoted at about $0.000008439. SHIB’s all-time high stands at $0.00008845, which means the token trades roughly 85% below that peak. Reports have disclosed that SHIB has tanked about 55% so far this year, and some data points show almost a 60% decline over a recent 12-month span. Those drops have pushed many investors to ask whether the story that once lifted SHIB has faded. On-Chain Signals And Holder Counts There are mixed signals on the chain. Data from CryptoQuant is reported to show memecoin dominance falling to its lowest level since early 2024, a sign that speculative interest across similar tokens has ebbed. At the same time, the number of wallets holding SHIB moved from about 1.45 million at the start of the year to around 1.52 million more recently. That jump in holders was noted alongside the price slide. It suggests distribution rather than complete abandonment; small increases in holders do not always mean increased trading activity, but they can show steady retail interest. Memecoin markets are dead. pic.twitter.com/6kymLWH4JX — Ki Young Ju (@ki_young_ju) December 11, 2025 Pundit Views And The Utility Question Meanwhile, crypto pundit Neil Patel has listed reasons he would not treat Shiba Inu as a proper investment. He argues the memecoin doesn’t solve a clear, large-scale problem and points out that developer activity for SHIB is limited compared with many other networks. The claim is that much of SHIB’s value has been driven by hype cycles and not by broad real-world use. Those views were presented in firm terms, and they have been repeated across a range of commentaries that warn about hype-driven tokens. Related Reading: Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven Investor Takeaways And Risks Investors who want exposure to crypto are often told to look at major networks such as Bitcoin for scarcity-driven arguments; that point was brought up in several reports. At the same time, SHIB’s supporting projects — a layer-two chain, a decentralized exchange, a metaverse concept — are real but appear to have small adoption so far. Featured image from Unsplash, chart from TradingView
The Shiba Inu community was jolted by an unexpected surge of whale activity this week, involving a staggering $35 million worth of SHIB. The large-scale whale movement not only caught the community’s attention but also prompted a rare public reaction from Shiba Inu’s lead developer, Shytoshi Kusama. After months of silence, Shytoshi has seemingly resurfaced to acknowledge the massive transfer. Shiba Inu Lead Dev Breaks Silence After Massive Whale Move After over three months of silence, Kusama reappeared on X as the Shiba Inu community reacted to a substantial whale movement. His return followed a repost by World Blockchain Capital about the unusually large transfer of 4,136,208,073,220 SHIB from the crypto exchange Coinbase to a private key wallet. Related Reading: 121 Billion Shiba Inu Coins From Exchanges, Where Are They Headed With Prices Down? World Blockchain Capital tagged several members of the Shiba Inu community in the transaction, urging them to take note and highlighting how rare such a move has been recently. The transaction was first identified by market analyst Del Crxpto, who reported that the more than 4 trillion SHIB transfer was worth about $35 million. Typically, when tokens are removed from exchanges and moved to a private wallet address, it often signals strategic accumulation or long-term holding by major investors rather than immediate trading activity. In this case, the size of the transaction ignited bullish sentiment from market watchers, especially in a period where the price is experiencing significant volatility and choppy action. Excluding the shock of the transfer, what really caught the interest of the community was Kusama’s unexpected reappearance. The lead developer had previously explained in an earlier post that his reduced visibility was due to a shift in focus toward other new projects. At the time, he disclosed a new interest in Artificial Intelligence (AI) initiatives aimed at advancing the ecosystem. Kusama emphasized that, despite exploring new directions, he continues to work with SHIB developers, including Kaal Dhairya and others, to shape Shiba Inu’s next phase. Analyst Eyes $0.0002 SHIB As Whales Return A new report by market analyst ‘SHIB Crack’ on X reveals that the price of Shiba Inu is showing signs of a massive breakout amid rising market activity. Currently, the SHIB price is in a downtrend, dropping by more than 6% this week and over 16% in the past month. Related Reading: Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers Despite this severe downturn, SHIB Crack believes that the cryptocurrency is gearing up for a massive rise $0.00002. At the time of writing, the meme coin is trading at $0.0000082, meaning a surge to the analyst’s projected target would require a gain of over 142% SHIB Crack has attributed his bullish forecast to the recent sharp surge in whale activity. According to the post on X, SHIB whales have reemerged and are silently accumulating tokens, signaling confidence in the token’s potential to rally. Featured image from Adobe Stock, chart from Tradingview.com
A noted Bitcoin adviser has warned that Shiba Inu faces an uphill climb unless it retakes a prior support band, a call that has stirred debate across crypto social channels. Related Reading: Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals According to posts by BingX Bitcoin adviser Nebraskan Gooner, the token must return above a horizontal region he marked between $0.000014 and $0.00001 to avoid a “dead” outlook. Key Support Level Under Scrutiny Gooner’s chart points to a multi-year zone that once acted as firm support. Reports show SHIB touched that band and later surged to about $0.000045 in early March 2024. The importance of the area is highlighted by the token’s price action: it has spent much of Q4 2025 below that range, and at the time of reporting SHIB was trading around $0.000008618. That places the coin roughly 33–38% below the $0.000013–$0.000014 region that many traders watch as critical. $SHIB Dead unless it reclaims red. pic.twitter.com/LOllFuyPYv — Nebraskangooner (@Nebraskangooner) December 9, 2025 Technical Traders See Trouble Ahead Breaking a long-held support level often flips buying interest into resistance, and that scenario is what traders fear here. Based on reports from market commentators, a failure to climb back into the red band would make upward moves harder and likely sap momentum. Gooner used blunt language, saying “Dead unless it reclaims red” unless the token reclaims the zone. The phrase was repeated widely, feeding both bearish calls and pushback from supporters. Community Response And Roadmap Calls Across social threads, many users argued that SHIB is not unique; several altcoins appear stalled in the current phase. A number of holders said SHIB’s recovery chances may hinge on a wider altcoin rebound, sometimes called altcoin season. According to Zach Humphries, members of the Shiba Inu project must refocus every ecosystem initiative around SHIB, reposition the token to attract renewed retail interest, and publish a clear, actionable roadmap to restore earlier momentum. Bitcoin’s Role In A Possible Comeback Some analysts pointed to Bitcoin as the likely spark for any broad recovery, expecting the alpha coin to rebound toward $125,000 from around $90,000, while others have projected a new peak near $150,000 in 2026. If Bitcoin climbs above $100,000, traders say speculative flows could return and lift meme tokens including SHIB. Related Reading: NFT Slump Worsens With Monthly Sales Hitting Rock Bottom Price Snapshot And What Comes Next Short-term price moves show SHIB up 0.95% in the past 24 hours but down 4.8% over the last week. Many market observers emphasize that a return into the highlighted $0.000014–$0.00001 area would improve technical odds for a rally. At the same time, others warn that even with historical liquidity and a large community, reclaiming a broken support is often difficult and can take time. The coming weeks will likely test whether market-wide momentum or renewed project direction can change SHIB’s path. Featured image from Unsplash, chart from TradingView
Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle. Shiba Inu Sees Surge In Spot Trading Activity CoinGlass data show a 154% surge in Shiba Inu USD spot trading volume on Kraken over the last seven days. There has also been a significant surge on other major exchanges, such as Binance, Bybit, OKX, and Gemini, during the same period. This indicates that spot buyers may be stepping in to defend the SHIB price at a critical support amid the broader crypto market decline. Related Reading: Will A Shiba Inu ETF Follow After Dogecoin? The Lone SHIB Filing Standing Against The Crowd Notably, Shiba Inu is one of the altcoins that are in the green over the last week, suggesting that the bulls may be in control at the moment. CoinMarketCap data shows that the second-largest meme coin by market cap is up almost 7% during this period despite Bitcoin’s choppy price action. Meanwhile, further data from CoinGlass also shows that most leverage traders are currently betting on an increase in the Shiba Inu price, with the long/short ratio currently above 1. However, it is worth noting that derivatives volume is down by over 10% and open interest is down by almost 4%, which presents a bearish outlook for the meme coin. Another positive for Shiba Inu, besides the surge in spot trading volume, is that the Fed is likely to cut interest rates again at this week’s FOMC meeting. This could inject more liquidity into the crypto market, with altcoins like SHIB benefiting from it. Meanwhile, Bitcoin is currently looking to hold above the psychological $90,000 level, which could pave the way for higher prices for SHIB given their positive correlation. Community Gives Update On SHIB’s Progress In an X post, Shiba Inu community member Shibizens gave an update on SHIB’s progress over the last few days. The community member noted that over 45 billion SHIB have been moved off exchanges, indicating that holders are accumulating. Shibizens also alluded to a $35 million whale transfer into a private wallet, suggesting that SHIB whales are also bullish. Related Reading: Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers Furthermore, Coinbase is set to launch Shiba Inu futures on December 12 for institutional and retail investors, which could boost the meme coin’s adoption. Meanwhile, NYSE Arca has filed the 19b-4 for T. Rowe’s Shiba Inu ETF, bringing the ETF one step closer to launch. Shibuzens also highlighted upgrades on the Shibarium network, which could provide a major boost for SHIB. This includes the RPC upgrade, while a full privacy upgrade has been confirmed using encrypted tech. There are plans to roll this out by next year. At the time of writing, the Shiba Inu price is trading at around $0.000008498, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
Shiba Inu has just logged its most intense burst of large-holder activity in half a year, raising questions over whether fresh volatility – and potentially renewed selling pressure – is around the corner. On-chain analytics firm Santiment reported the move on X, highlighting a six-month chart of Shiba Inu’s price, exchange balances and large transfers. According to the firm, “Shiba Inu has seen the highest amount of whale transfers since June 6th today, happening in tandem with a +1.06T net change to the amount of SHIB on exchanges. The #24 market cap in crypto is likely to see high volatility in the coming days.” What Does This Mean For The Shiba Inu Price? The chart shows 406 individual transactions exceeding $100,000 in value within a single day, the highest reading since early June. The second-highest peak occurred during the October 10 market meltdown, when roughly 300 SHIB whales were active, and the third came in mid-July, as more than 280 whales executed transfers. Related Reading: Shibarium Hack Fallout: Shiba Inu Team Criticized For Not Reporting Breach These “whale” transfers represent activity from large holders, trading desks and liquidity providers whose moves can materially affect market liquidity and order-book depth. At the same time, Shiba Inu’s exchange supply has jumped. Santiment’s overlay of “Supply on Exchanges (SHIB)” reveals a clear, abrupt uptick, annotated as “1.06T More SHIB On Exchanges in 24 Hours.” This reflects a net inflow of around 1.06 trillion tokens into exchange wallets, meaning more SHIB is now sitting in venues where it can be traded immediately. In market-structure terms, the combination of record recent whale activity and a sharp rise in exchange balances creates conditions that often precede significant price swings. Moving coins from self-custody to exchanges does not guarantee that they will be sold, but it increases the portion of circulating supply that is “sale-ready” and able to hit the order books at short notice. Related Reading: Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers Whether that translates into an outright dump is not yet visible on-chain. The same footprint could reflect whales preparing to sell, to arbitrage across venues, to supply liquidity, or to rebalance positions in anticipation of broader market moves. Santiment itself stops short of a directional call, limiting its guidance to the expectation that the Shiba Inu token “is likely to see high volatility in the coming days.” For now, the data point is clear: Shiba Inu’s largest holders have become more active than at any time since early June, and over a trillion additional tokens have shifted onto exchanges in just 24 hours. The direction of the next major move will depend on how that newly mobile supply is deployed. At press time, SHIB traded at $0.00000859. Featured image created with DALL.E, chart from TradingView.com
According to reports, it has been three months since the Shibarium Bridge hack that drained more than $3 million from users, yet the case has not moved into formal law enforcement channels. Related Reading: $300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up On-chain investigators traced a clear path of funds, and community members say the clues are strong enough to support an official probe. Still, exchanges are holding back unless a police case number is presented. On-Chain Trail Revealed Based on reports from on-chain sleuths, the attacker moved 260 Ether through Tornado Cash before routing 232.49 ETH to deposit addresses at KuCoin. The laundering path involved 111 wallets and 45 unique KuCoin deposits, according to a public breakdown by a community investigator known as Shima. Shibarium Bridge hacker foolishly chose not to accept the K9 bounty – it’s finally time to share the investigation we’ve been working on…???? this is juicy ???? The hacker made one stupid mistake and it completely unravelled their Tornado Cash laundering. ????????️???? That one mistake… pic.twitter.com/itxsXbbGSm — Shima 島。 (@MRShimamoto) December 1, 2025 A small mistake — a single transfer of 0.0874 ETH — linked otherwise hidden wallets and allowed the investigator to map much of the operation. The tracing work was shared with the Shiba Inu ecosystem team so it could be used to press for recovery. Why didn’t https://t.co/OoTvg1kraL call the police? Why isn’t there a report to the appropriate authorities to get a case number? Why have no law enforcement been involved in the https://t.co/OoTvg1kraL bridge hack? https://t.co/88Gdxi0rhh — Pulse Digital ???? (@CryptoPulse9) December 1, 2025 Practical Roadblocks To Recovery Tracing crypto through mixers remains difficult, even when the ledger gives clues. Exchanges often need subpoena power, legal requests or a case number to share account details. That requirement can leave strong on-chain leads stuck if a project does not file a police report. Community investigators can point the way, but many of the next steps depend on formal legal action and cross-border cooperation. Exchange Action Hinges On Case Number After Shima handed the findings to the project team, members of the community and teams such as K9 Finance stepped in. One representative, using the handle DeFi Turtle, reached out to KuCoin to ask that the exchange freeze the suspected funds. KuCoin replied that it would require a formal law enforcement case number before taking such action, based on the messages that have circulated in community channels. Without a police report, the exchange said it could not legally provide internal records or lock the linked accounts. Sleuth Offers Evidence To Victims Faced with slow institutional movement, Shima has offered the full dataset, the mapping work and the methodology to victims and to any law enforcement body willing to act. Victims in different countries may need to lodge complaints locally to create the case numbers that exchanges demand. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says Calls For Formal Complaints Shane Cook, founder of Pulse Digital Marketing, questioned why the Shiba Inu team had not filed an official complaint despite the on-chain evidence. Reports show the team previously confirmed the breach and said it had contacted security firms including PeckShield and Hexens. Cook’s criticism centers on the idea that technical analysis alone may not be enough; a legal filing is often required to make exchanges cooperate. The community now wonders whether the project prioritized reopening the bridge and repayment planning over pursuing legal routes. Featured image from Hacked.com, chart from TradingView