The world’s richest man, Elon Musk, recently posted a picture of a Shiba Inu, Dogecoin’s mascot. However, the Dogecoin price failed to react positively to the post, as it has most times done in the past when Musk made similar posts. Dogecoin Price Fails To React to Elon Musk’s Shiba Inu Post The Dogecoin price failed to surge on the back of Elon Musk’s X post, in which he posted a meme of a Shiba Inu playing a banjo. DOGE has in the past rallied on the back of such posts because the Japanese dog breed is the meme coin’s mascot. Notably, the post comes amid a crypto market downturn, which has sparked bearish sentiment toward DOGE. Related Reading: Analyst Predicts Dogecoin Price “Historic Mega Run” – Here’s The Target As such, this may explain why the Dogecoin price failed to rally on the back of Elon Musk’s X post. DOGE is currently struggling below the psychological $0.2 price level amid concerns that the crypto market may be in a bear market. The foremost meme coin and other altcoins have declined alongside Bitcoin, which is now way below the psychological $100,000 level. However, amid speculations that the Dogecoin price may already be in a bear market, a positive for the foremost meme coin is Elon Musk’s announcement that X Money will launch soon. There has been a lot of speculation that DOGE could be included as a payment option in the social media platform’s payment system. This remains a possibility, considering Elon Musk’s affinity for Dogecoin, even going as far as referring to himself as the ‘Dogefather.’ DOGE’s potential inclusion as a payment option on X Money could serve as a bullish catalyst for the Dogecoin price, as it would boost the meme coin’s utility What’s Next For DOGE Amid Bear Market Concerns Crypto analyst CryptoCeek provided insights into what is next for the Dogecoin price as it continues to decline. In an X post, he noted that DOGE is drifting toward $0.14 again and that a breakdown below this level could put a further drop to $0.10 in sight. This puts the foremost meme coin at risk of losing its bull market structure. Related Reading: Analyst Says Dogecoin Price Is About To Burst, Here’s The Target However, CryptoCeek added that a flip of the 20-day EMA can lead the Dogecoin price to reclaim $0.21. In the meantime, he declared that the range traders are still running the show. Meanwhile, crypto analyst Ali Martinez raised the possibility that Dogecoin’s price could drop to as low as $0.07. He stated that below $0.16, support for DOGE disappears quickly, with the next real demand zone at $0.07. At the time of writing, the Dogecoin price is trading at $0.16, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
The Shiba Inu price and its trajectory over the last few months have been a source of growing concerns for SHIB investors as the meme coin has failed to secure any meaningful recovery. Despite the Bitcoin price rallying, Shiba Inu has remained quite muted, failing to reach new all-time highs through the bull rally. Therefore, with only two months left in the year 2025, the question remains as to whether the Shiba Inu price can still rally to new all-time highs. Machine Learning Algorithm Predicts Shiba Inu Price Trajectory The machine learning algorithm at the Coincodex website has shown a trajectory for the Shiba Inu price that suggests that the meme coin is destined for more sideways action this year. The prediction for the new year is that the meme coin will continue to trade in a very tight range. Related Reading: Institutions Have Been Buying Solana Every Day For 2 Weeks, Is $300 Possible? Even with the Shiba Inu price currently trending more than 88% below its all-time high from 2021, the machine learning algorithm does not see it bouncing anytime soon. For the rest of the year, the cryptocurrency is expected to trade under $0.000012. This puts it in the tight range of $0.00001-$0.000012. Interestingly, though, the same way the machine learning algorithm has predicted no increase, there is no expectation of a decline. The trajectory of the SHIB price over the next two months shows an almost straight line, and then continues into the year 2026 in the same manner. When Will SHIB Hit New All-Time Highs? According to the machine learning algorithm, SHIB investors awaiting the meme coin to hit a new all-time high have a long wait ahead of them. The long-term prediction suggests that the Shiba Inu price will not hit a new all-time high in the next decade. Related Reading: Dogecoin Price Rally Above $0.74 ATHs In The Works As HTF Trend Holds This long-term prediction moves through the next three decades, going all the way into the year 2050, and yet Sh. For most of the time, the algorithm suggests that the cryptocurrency will only see double-digit growth for each year over the next couple of years. Interestingly, historical data also support muted performance for the Shiba Inu price for the rest of the year. CryptoRank website shows an average return of 0.31% for SHIB for the month of November and -9.84% for the month of December. If these hold, then it means that the SHIB price is more likely to decline than recover as the year moves toward an end. Featured image from Dall.E, chart from TradingView.com
The Shiba Inu derivatives market is again heating up, providing a bullish outlook for the SHIB price. This comes as the crypto market rebounds, with SHIB also recording notable gains in the past few days. Shiba Inu Derivatives Market Heats Up With Rising Open Interest CoinGlass data shows that the Shiba Inu derivatives market is heating up, with open interest rising as much as 15% on November 8. This indicates that traders are again betting on a significant price movement from the foremost meme coin. Notably, SHIB broke above the psychological $0.000010 level amid this rising open interest. Related Reading: Here’s Why Dogecoin And Shiba Inu Prices Are Crashing, Is A Recovery Possible? Further data from CoinGlass shows the long/short ratio is 0.9, indicating that more traders are betting on a Shiba Inu price surge than a decline. Meanwhile, this development comes as the crypto market rebounds from last week’s crash, which saw BTC drop below $100,000, dragging SHIB and other altcoins down. SHIB is up over 8% since last week. Fundamentals, such as the application for a Shiba Inu ETF, have sparked this rebound in SHIB’s price. This is expected to drive institutional capital into the SHIB ecosystem, potentially triggering price rallies. Furthermore, the U.S. government shutdown could end soon, which is also bullish for the SHIB price alongside the broader crypto market. From a technical analysis perspective, crypto analyst SHIB Knight noted that Shiba Inu is slowly accumulating and forming a bullish pattern. He added that once it breaks out of this low range, it will go higher. However, Santiment data shows that SHIB whales are still on the sidelines and are not accumulating more coins. The whales’ transactions (transactions above $100,000) have been on a downtrend, with most daily transactions over the last two weeks in the single digits. SHIB Eyes Rally To $0.0003 Crypto analyst Javon Marks has predicted that the Shiba Inu price could rally to $0.00003. This came as he noted that SHIB looks to be already broken out of a key accumulation. He added that with prices having shown bull divergences earlier this year, the meme coin may be preparing for a surge of around 200%, which will lead to a retest of the resistance in the $0.000032 range. Related Reading: Shiba Inu Team Shares Major News, Could This Trigger A SHIB Bull Run? A positive for SHIB is the parabolic increase in the Shiba Inu burn rate. Shibburn data shows that the burn rate has increased by 145952.08% in the last 24 hours, with 621 million tokens burned during this period. This is a positive, given how these SHIB burns remove more coins from the circulating supply and could trigger a price increase as demand skyrockets. At the time of writing, the Shiba Inu price is trading at around $0.00001005, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The Shiba Inu derivatives market is again heating up, providing a bullish outlook for the SHIB price. This comes as the crypto market rebounds, with SHIB also recording notable gains in the past few days. Shiba Inu Derivatives Market Heats Up With Rising Open Interest CoinGlass data shows that the Shiba Inu derivatives market is heating up, with open interest rising as much as 15% on November 8. This indicates that traders are again betting on a significant price movement from the foremost meme coin. Notably, SHIB broke above the psychological $0.000010 level amid this rising open interest. Related Reading: Here’s Why Dogecoin And Shiba Inu Prices Are Crashing, Is A Recovery Possible? Further data from CoinGlass shows the long/short ratio is 0.9, indicating that more traders are betting on a Shiba Inu price surge than a decline. Meanwhile, this development comes as the crypto market rebounds from last week’s crash, which saw BTC drop below $100,000, dragging SHIB and other altcoins down. SHIB is up over 8% since last week. Fundamentals, such as the application for a Shiba Inu ETF, have sparked this rebound in SHIB’s price. This is expected to drive institutional capital into the SHIB ecosystem, potentially triggering price rallies. Furthermore, the U.S. government shutdown could end soon, which is also bullish for the SHIB price alongside the broader crypto market. From a technical analysis perspective, crypto analyst SHIB Knight noted that Shiba Inu is slowly accumulating and forming a bullish pattern. He added that once it breaks out of this low range, it will go higher. However, Santiment data shows that SHIB whales are still on the sidelines and are not accumulating more coins. The whales’ transactions (transactions above $100,000) have been on a downtrend, with most daily transactions over the last two weeks in the single digits. SHIB Eyes Rally To $0.0003 Crypto analyst Javon Marks has predicted that the Shiba Inu price could rally to $0.00003. This came as he noted that SHIB looks to be already broken out of a key accumulation. He added that with prices having shown bull divergences earlier this year, the meme coin may be preparing for a surge of around 200%, which will lead to a retest of the resistance in the $0.000032 range. Related Reading: Shiba Inu Team Shares Major News, Could This Trigger A SHIB Bull Run? A positive for SHIB is the parabolic increase in the Shiba Inu burn rate. Shibburn data shows that the burn rate has increased by 145952.08% in the last 24 hours, with 621 million tokens burned during this period. This is a positive, given how these SHIB burns remove more coins from the circulating supply and could trigger a price increase as demand skyrockets. At the time of writing, the Shiba Inu price is trading at around $0.00001005, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
According to technical commentary from analyst Javon Marks, Shiba Inu appears to have left a long accumulation zone and may be entering a fresh bullish phase. The token first showed a breakout in March 2024 and pushed up toward $0.000046. It reached about $0.00003328 on December 8, 2024, before falling hard in 2025. Related Reading: Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC Analyst Points To Accumulation Breakout Marks highlights early bullish signals, including what he calls bullish divergences on the MACD that showed up earlier this year. Based on reports, he expects a move back into the $0.000032 area. He even projects a potential 200% rally to that level from where the token trades now. From the current quoted price of $0.00001009, a push to $0.000080 would mean a rise of roughly 700% by his estimate. Those are large swings. Traders should note the math. $SHIB (Shiba Inu) looks to be already broken out of a key accumulation and prices, which showed bull divergences early this year, can be preparing here for an ~200% move to test a resistance in the $0.000032s again. pic.twitter.com/Xw104EUT75 — JAVON⚡️MARKS (@JavonTM1) November 9, 2025 Derivatives Activity Shows Traders Positioning For A Move Derivatives data adds another dimension. Reports show about $76 million in open interest tied to Shiba Inu contracts. Open interest jumped 15% over the weekend, and exchanges recorded 7.38 trillion tokens as outstanding futures exposure. Gate.io accounted for 47% of that total, which equals about $36 million on that platform alone. On a day of rising bets, SHIB hit a high of $0.00001032. Volatility Has Been Extreme SHIB’s path since December 2024 has been bumpy. After peaking above $0.00003 in late 2024, the token plunged to roughly $0.0000075 during the flash crash on October 10, 2025. It later recovered to about $0.00001003. Rapid moves like these show both the risk and the chance for big short-term gains. Positions in futures can make price swings bigger. What The Signals Might Mean For Traders According to the chart reading, breaking past $0.000032 would open a clear resistance band and could attract more buyers. Some market players will treat that level as a key test. Others will watch open interest and exchange concentration for signs of overstretch. Moves driven by sentiment and leverage can reverse quickly. Gains may be fast. Losses can be fast too. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Based on reports and the analyst’s posts, momentum appears to be building. But this is a trader-led setup more than a proof of long-term value. Technical signals, heavy derivatives exposure, and past wild swings all matter. Investors and traders should weigh the numbers: $0.000045, $0.00003329, $0.000032, $0.00001003, $0.0000075, $76 million, 15%, 7.38 trillion, and 47.13% are all part of the story. Featured image from Unsplash, chart from TradingView
The cryptocurrency market has been on edge in recent weeks, and two of its most recognized meme tokens, Dogecoin and Shiba Inu, have suffered the brunt of the sell-off. Both coins have seen significant price drops with low bullish whale activity, declining on-chain performance, and worsening market sentiment. Dogecoin’s fall is aggravated by large holders selling massive amounts of tokens, while Shiba Inu’s troubles are due to its inability to sustain liquidity and demand through its layer-2 network, Shibarium. Together, their price crashes reflect the unease among retail traders concerning the two meme coins. Dogecoin And Shiba Inu Crashing Dogecoin and Shiba Inu’s price action has crashed notably in the past seven days. Dogecoin, for one, fell as high as 17% in a seven-day timeframe, and Shiba Inu also witnessed a comparable 12% drop. Related Reading: Dogecoin Whales Are Offloading Hundreds Of Millions Of DOGE, Here Are The Facts Notably, on-chain data shows that Dogecoin’s recent crash was ignited by a large-scale sell-off from whale wallets holding between 10 and 100 million DOGE. The numbers show that these wallets offloaded roughly one billion coins within seven days. The resulting cascade effect pushed Dogecoin below a key support level near $0.18, which in turn triggered additional liquidations across derivatives markets. As it stands, Dogecoin’s market capitalization had dropped from almost $30 billion to roughly $24.7 billion in the past seven-day timeframe. Trading volume has also surged massively within the past 24 hours, with most of the activity being selling pressure. Shiba Inu has faced its own share of bearish troubles in the past few days. Shiba Inu’s price action fell to around $0.0000089, its lowest price since January 2024. The token’s decline has been compounded by weak liquidity, low trading volume, and a marked slowdown in network activity. Technical indicators confirm its prolonged downtrend, with Shiba Inu trading well below its 50-day, 100-day, and 200-day moving averages. Its Relative Strength Index is below 34, suggesting weak momentum with no sign of bullish divergence. Outlook: Can Dogecoin And Shiba Inu Recover? Both Dogecoin and Shiba Inu mostly depend on community hype, and that is virtually nonexistent as it stands. The wider crypto market downtrend in the past 24 hours has done nothing to help either, with many cryptocurrencies weakening against the growing dollar index. The entire crypto market fell by as much as 4% in the past 24-hour timeframe. Related Reading: Shiba Inu Open Interest Crash To 2024 Levels, Is It Game Over For The Meme Coin? However, crypto history shows that meme coins tend to bounce strongly once overall crypto sentiment improves. Dogecoin’s long-term support around $0.15-$0.17 has always served as a turning point, while Shiba Inu’s oversold RSI could eventually draw bargain hunters if market conditions stabilize. For now, their recovery depends heavily on a better retail engagement and a strong market-wide relief rally, neither of which seems imminent in the short term. At the time of writing, Dogecoin is trading at $0.164 and is looking like it can reclaim its $0.17 support. Shiba Inu, on the other hand, is trading at $0.00000897. Featured image from Getty Images, chart from Tradingview.com
Shiba Inu has been added to the FTSE Grayscale Crypto Sectors Framework, a move that gives the meme coin fresh institutional recognition. Related Reading: Bitcoin May Be This Week’s Big Story As Saylor Teases Fresh Buy Marketing lead Lucie announced the development on X with a post titled “Good News for SHIB Holders.” According to the listing, SHIB joins the Consumer & Culture sector alongside Dogecoin, identifying it as a token tied to community, culture, and entertainment. Good news for SHIB holders Grayscale’s Market Byte Here Come the Altcoins from October 2025 officially lists Shiba Inu SHIB under the Consumer & Culture crypto sector in the FTSE Grayscale Crypto Sectors framework. SHIB is recognized by Grayscale Investments and FTSE Russell as… pic.twitter.com/8jBpKkP9PL — ???????????????????? (@LucieSHIB) November 2, 2025 Inclusion Signals Institutional Recognition Based on reports, the FTSE–Grayscale framework was launched in 2023 to sort crypto assets into clearer groups for investors. The framework covers five niches, and Grayscale’s latest report lists SHIB among the assets that meet the SEC’s Generic Listing Standards (GLS) criteria. The GLS rules, approved in September, let exchanges list crypto ETPs under a set of generic requirements rather than seeking individual sign-off for each token. That opens the door for more straightforward pathways to spot ETPs, although a token still needs an effective registration statement to trade as an ETF. Shiba Inu Among A Few Eligible Tokens Reports have disclosed that at least 11 cryptocurrencies across four sectors meet the GLS thresholds. In the Currencies sector, XRP, Litecoin, Stellar, and Bitcoin Cash are named. Smart contract platforms that qualify include Polkadot, Cardano, Solana, and Avalanche. Chainlink stands alone in Utilities & Services. In consumer and culture, only Shiba Inu and Dogecoin are recognized. Solana and Litecoin ETFs are already trading in the US, while Cardano, XRP, Dogecoin, and Bitcoin Cash are still awaiting approvals. Valour Inc. has issued a SEK-denominated ETP tied to SHIB in Europe, and asset manager T. Rowe Price has mentioned SHIB as a candidate for inclusion in its Active Crypto ETF, but SHIB does not yet have a standalone spot ETF filing in the US. Related Reading: From Greed To Terror: Bitcoin’s Fall Below $104K Sparks Extreme Fear Market Moves And Technical Notes Meanwhile, SHIB’s price action has been mixed. Based on market data cited by analysts, the token fell by over 6% in the past 24 hours and has experienced about 13% and 30% corrections in the last week and month, respectively. Source: Akbarkarimzsfeh/TradingView Those moves have pushed SHIB down to 34th in the crypto market cap rankings. TradingView commentator “Akbarkarimzsfeh” flagged a long-term support trendline that has in past cycles preceded sharp rebounds. The analyst argued that dips to that area have been followed by rapid rallies, suggesting the current pullback may be temporary. Featured image from Unsplash, chart from TradingView
Shiba Inu shows relative weakness versus broader crypto markets despite late-session bounce, with token burns failing to offset selling pressure during volatile trading.
The Shiba Inu open interest has been one of the worst-performing among the top cryptocurrencies by market cap in the year 2025. While there has been a general increase in open interest across the likes of Bitcoin and Ethereum, pulling the market up with them, Shiba Inu has not followed this trajectory. Instead, the meme coin’s open interest has crashed significantly, making new 2025 lows in the process. Shiba Inu Open Interest Crashes Below $100 Million At the start of the year, on January 16, 2025, the Shiba Inu open interest had hit a new all-time high above $519 million despite the SHIB price action remaining relatively muted. It wasn’t long until the open interest began to decline, and it has been mostly downhill from there since. Related Reading: Dogecoin Price Resurrection To $0.5 Could Be Imminent If This Level Breaks By the start of February 2025, the Shiba Inu open interest had crashed by more than 50%, recording one of the sharpest declines in the market. However, the open interest had managed to stay above the 2024 lows as the SHIB price fluctuations kept traders interested. Now, however, the majority of the open interest that was seen in Shiba Inu at the start of the year is almost completely gone. Data from the Coinglass website shows that the open interest has now fallen below $100 million for the first time in 2025, marking a new yearly low. The current average of around $89 million translates to an over 80% decline in the last 9 months, painting a similar picture to the alt coin’s price, which is down 88% from its 2021 all-time highs. As this decline continues, it continues to impact the price, affecting its ability to stage a meaningful recovery. SHIB Could Be At A Pivotal Point As mentioned above, the last time that the Shiba Inu open interest was this low was back in 2024, but the interesting thing is that periods of low interest have often preceded some of the biggest moves. Back in August 2024, the Shiba Inu open interest had fallen to its lowest levels since 2023, but the next three months would see a rapid increase in both interest and price. Related Reading: Evernorth Has Reached 95% Of Its XRP Treasury Target – Here Are The Numbers Times of low interest, such as these, have often been breeding grounds for accumulation ahead of the next move. Thus, the Shiba Inu open interest dropping to yearly lows could be setting the stage for another price rally. Featured image from, chart from Tradingview.com
Shiba Inu’s effort to grow beyond being a meme coin is struggling. Its blockchain network, Shibarium, was created to bring real use and value to the project, but it has not gained much attention or activity. Developer interest and user engagement are very low, and the network’s overall growth has slowed down sharply. Recent network issues, including technical troubles and security problems, have made things worse. Many users have left, and new projects are not joining. As a result, Shibarium now shows very little activity, leading many in the crypto community to call it a “ghost chain.” Shiba Inu’s Struggle To Evolve Beyond A Meme Coin Shiba Inu tried to change its image from a simple meme coin into a real blockchain project capable of competing with other networks. The team launched Shibarium, a layer-2 blockchain, in 2023 to help make this move. However, this plan has not worked as expected, with Shibarium failing to attract developers, projects, or users and gaining no market share. Related Reading: XRP At $1,000 Is Peanuts If Used To Clear US National Debt; Pundit Explains According to data from DeFi Llama, Shibarium has only 18 developers since it began. It is a much lower number than on other blockchains, which have hundreds or even thousands of active developers. The total value locked (TVL) on the network, which shows how much money people have invested in it, has fallen to just $878,000. Shibarium has also failed to attract any stablecoins, which are among the most widely used tokens in decentralized finance. Not a single stablecoin project has deployed on the network, reflecting Shibarium’s lack of presence in one of the most critical areas of the crypto world. Other newer and more active layer-2 networks like Base, Arbitrum, Plasma, and Linea have already moved far ahead, leaving Shibarium behind. Hacks And The Decline Of Shibarium Network Activity Things got worse for the network when ShibaSwap, the most popular decentralized app (dApp) on the Shibarium network, was recently compromised. The attack eroded user confidence and forced developers to pause a key bridge connecting Shibarium to other networks. Even with the bridge now active, most of the network’s activity stopped. Many users could not move their tokens or use apps, making the network almost entirely silent. Related Reading: Here’s Why The XRP Price Still Isn’t Bearish Despite The 50% Flash Crash Because of this drop in network activity, Shibarium is no longer helping burn SHIB tokens. Typically, a portion of network transaction fees goes toward buying and burning Shiba Inu tokens, helping reduce supply and support the token’s price. But now, with very few transactions, the burn process has slowed down significantly. The decline in users, developers, and activity are indicators that Shibarium’s dream of becoming a strong, useful blockchain has not come to fruition. Instead of growing into a central crypto platform, it has become what some would call the real ghost chain. Featured image created with Dall.E, chart from Tradingview.com
Popular technician Charting Guy (@ChartingGuy) calls Shiba Inu “weak and choppy” and suggests the token may not break out until late in the current crypto cycle. Sharing a weekly Shiba Inu chart, he wrote on Oct. 26, 2025: “SHIB has been weak and choppy all cycle. Won’t do anything until the end imo.” How High Can Shiba Inu Price Go? The below TradingView chart is a weekly SHIB/USD study anchored to a Fibonacci ladder. The price marker on the right rail reads $0.000010205, placing SHIB fractionally below the 0.236 retracement band annotated at $0.000011043. Above that, the chart maps successive overhead levels at 0.382 near $0.000016434, 0.5 around $0.000022661, 0.618 near $0.000031247 and 0.786 at about $0.000049369. The red 1 line flags $0.000088410, with higher extension markers plotted at 1.272 ≈ $0.000185406, 1.414 ≈ $0.000272917 and a terminal 1.618 ≈ $0.000475605. A stylized projection trace on the chart depicts a late-cycle, near-vertical advance that only materializes after a prolonged base and then stalls inside the 1.0–1.272 cluster before breaking above the 1.272 Fib extension and topping below the 1.414 Fib extension roughly at $0.000022; the path visually reinforces the author’s contention that SHIB underperforms until the “end.” Related Reading: Shiba Inu Holds Firm Despite 18% Crash, 1.5M Holders Signal Faith in 2025 Recovery In a separate post on Oct. 24, Charting Guy ranked market structures across majors and large-cap altcoins, explicitly placing SHIB in his “Bad Looking Charts” bucket while labeling Bitcoin, Ether, XRP, Solana, BNB and Stellar as “Good Looking Charts.” His list read, in part: “Good Looking Charts: BTC, ETH, XRP, SOL, BNB, XLM … Decent Looking Charts: XDC, DOGE, PENGU, ADA, ONDO, SUI, AAVE, LTC … Eh Looking Charts: PEPE, FLOKI, FLR, LINK, BCH … Bad Looking Charts: SHIB, WIF, ETC, AVAX, FET, RENDER, INJ, CRV, ALGO, SOLO, COREUM, NEAR, VET, COMP, DOT, IOTA, FIL, ATOM, And many more.” What To Expect The technical message is unambiguous: on a weekly timeframe, SHIB remains capped beneath early Fibonacci thresholds that many chartists treat as momentum gates. Remaining below 0.236 typically signals that price has yet to reclaim even the shallowest retracement of the prior cycle; clearing it often opens room to test the 0.382–0.5 midpoint zone where trends either accelerate or fail. Related Reading: Here’s Why The Shiba Inu Price Could Bottom And Rise Another 40% In Charting Guy’s map, structurally meaningful inflection areas stack tightly from roughly $0.000016 to $0.000031, with the 0.618 level near $0.000031 attributed the role of a trend-confirmation threshold. The cycle-top roadmap he drew concentrates risk and reward into the higher cluster around $0.000088 to $0.000185, a range often watched by Fibonacci practitioners for exhaustion and distribution in late-stage moves. However, a rise to $0.00022 could still mean an incredible upside for SHIB of around 2,055.81%—a roughly 20.56-fold increase. Contextually, his relative-strength table is just as important as the levels. By grouping SHIB with other “bad looking” structures while upgrading Bitcoin, Ether, XRP, Solana and BNB, he is signaling an expectation that market breadth will remain narrow and quality-led before any speculative rotation into meme-beta like SHIB. That framework aligns with his succinct call that SHIB “won’t do anything until the end,” implying a sequencing view rather than a categorical dismissal. At press time, SHIB traded at $0.00001046. Featured image created with DALL.E, chart from TradingView.com
Shiba Inu (SHIB) continues to trade in a tight band, and that has kept many investors on edge. Based on reports, the token is down 45% year-to-date and 15% over the last 30 days. Related Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions The memecoin’s price action has left holders wondering when — or if — a strong rebound will arrive. Volume and price swings have cooled, and market mood is leaning toward fear with the Fear & Greed Index at 30. Analyst Forecasts Late Surge According to MMB Trader, the stretch of quiet price action is not the end story for SHIB. He described the token as a “dead and sleeping coin” that often surprises late in a cycle. The key level to watch, he said, sits near $0.00001740. That line traces back to a trend that began after the March 2024 peak of $0.00004567. If SHIB breaks above that trendline and then holds it on a retest, the trader argued, the price structure would shift toward bullish. Three Breakout Targets Reports have disclosed three specific upside targets tied to that scenario. The first target is $0.00003364 — a rise of 235% from the current price of $0.00001003. The next target is $0.000055480, which would represent about 450% growth from today’s level. The most ambitious point in this view is $0.00007730, equal to roughly a 670% gain. Some analysts have a similar upside figure, calling for a move to $0.000081 if a sustained breakout happens. Mixed Signals From Models And Indicators Other forecasts are more modest. Based on CoinCodex data, SHIB is expected to reach $0.00001183 by November 23, 2025, a rise of 16% from the current price. Technical indicators in some services are showing Bearish sentiment now. Over the last 30 days SHIB posted 16/30 green days, or 53%, with price volatility around 8.91%. These details show activity is present, but it has not yet produced a clear directional push. Risk And Market Context Trading this token remains risky. Millions of holders are exposed while the market waits for a clear catalyst. A breakout above the trendline would likely be followed by a retest, which traders often use to confirm whether the move has real strength. If the retest fails, the price could fall back into its prior range. That scenario is as possible as a breakout, given the current low volatility and reduced volume. Related Reading: ‘Unthinkable Scenario’ Required For Bitcoin To Hit $250K, CEO Says Possible Rebound Based on reports and analyst calls, a late and rapid recovery for Shiba Inu is possible, but far from certain. The market is split between cautious models that predict single-digit gains and chart-based calls that map out several hundred percent rallies. For now, the trendline near $0.00001740 will be watched closely, and any decisive move above it would change the outlook quickly. Featured image from Unsplash, chart from TradingView
Despite recent bearish movements, Shiba Inu (SHIB) continues to defy market pessimism, showcasing one of the strongest community-driven displays of conviction in the crypto space. Related Reading: Bitcoin Trapped On Binance: The Battle Between $107K and $119K Heats Up Even with an 18% monthly decline and ongoing selling pressure, more than 1.54 million wallets now hold SHIB, according to the latest data from Etherscan. This steady rise in wallet count shows growing investor interest even as the token struggles to stay above the $0.00001 level. SHIB's price trends to downside on the daily chart. Source: SHIBUSD on Tradingview Shiba Inu Investor Confidence Remains Strong as Wallet Count Grows The rise in holders, though modest, reflects continued confidence in Shiba Inu’s long-term prospects. On-chain analyst Etherscan_SHIB described the trend as “strong momentum,” noting that new investors continue entering the ecosystem even amid volatility. Currently, Shiba Inu (SHIB) trades near $0.00000985 with a market capitalization of about $5.86 billion, down over 47% year-over-year. Nonetheless, the community’s ability to expand during a bearish cycle underscores the meme coin’s enduring cultural and retail appeal. Exchange Inflows Raise Short-Term Concerns Despite strong community participation, short-term risks remain elevated. Data from CryptoQuant revealed that Shiba Inu exchange reserves rose by over 56.6 billion SHIB within 24 hours, suggesting increased selling intent. The movement of tokens from self-custody to exchanges typically signals short-term profit-taking or fear of further downside. Analysts also point to a descending triangle formation on SHIB’s chart, a bearish technical pattern that often precedes breakdowns. The base support around $0.00001052 has been tested multiple times since April, and a confirmed breach could push prices toward $0.000006. Nevertheless, Shiba Inu’s ability to avoid “adding another zero” to its price this week has been celebrated as a small but meaningful psychological victory for holders. Can Token Burns and Shibarium Drive the 2025 Rebound? Analysts remain divided on whether SHIB can mount a strong comeback in 2025. Optimists cite the growing Shibarium layer-2 adoption and an active token burn mechanism as potential catalysts for a long-term rebound. These mechanisms aim to reduce SHIB’s massive 589 trillion supply, which critics argue is the biggest barrier to significant price appreciation. Bullish forecasts suggest that if burns accelerate and network utility grows, SHIB could retest $0.000025–$0.00005 in a favorable 2025 market. However, others warn that sustained gains will depend on Shiba Inu delivering on its DeFi, metaverse, and NFT marketplace promises. Related Reading: XRP Strengthens Under The Weight Of Heavy FUD And Loss-Selling, What This Means For Price For now, while the price action remains fragile, the loyalty of its 1.5 million holders emphasizes one undeniable truth, the Shiba Inu community isn’t giving up its fight for a comeback. Cover image from ChatGPT, SHIBUSD chart from Tradingview
The Shiba Inu price decline following the October 10 liquidation was as swift as the rest of the market, and even now, the meme coin continues to struggle to reach its pre-crash prices. Nevertheless, there have been some developments among major metrics that could indicate that the Shiba Inu price is getting ready to mark a bottom. These range from the open interest to the trading volume, with both reaching levels that have previously marked the bottom for the price. Open Interest Crashes Toward 2025 Lows One major metric that has suffered when it comes to Shiba Inu is the open interest. This metric which tracks the total number of open contracts for the meme coin has dropped very sharply, alongside the price, and has reached levels not seen in nine months. According to data from the Coinglass website, the Shiba Inu open interest is now sitting below $80 million. The last time that the open interest was this low was back at the start of January 2025, right before the surge. Back then, the open interest being below $80 million marked the bottom for the Shiba Inu price. What followed was a quick uptick in the Shiba Inu price as investors began to take their positions once again. The result was a sharp uptick in the open interest, rising by over 800% in the next few weeks to reach a new all-time high open interest of $542 million. If history repeats itself, then this is when the Shiba Inu price could see a retracement. Volume Paints Possible Bullish Future For Shiba Inu Price Another metric that has fallen toward 2025 lows is the daily trading volume. Coinglass shows that trading volume is currently averaging below $200 million, which is quite low for the meme coin known for being one of the most famous meme coins in the space. The daily trading failing blow $200 million has often been one of the markers of a bottom for the Shiba Inu price. This was the case back in May 2025 before the price rallied 40%, and then again in July 2025, leading to another 40% rally. If this trend also holds, then it could be the precursor to another 40% rally. Coupled with the open interest crashing to 9-month lows, the Shiba Inu price might be on the verge of another upsurge. Featured image from Dall.E, chart from TradingView.com
Elon Musk’s casual post about his dog sent shockwaves through meme-coin markets on Monday, with FLOKI jumping roughly 27% in minutes. Related Reading: Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit According to reports, Musk posted “Flōki is back on the job as X CEO!” alongside an AI-made clip showing his Shiba Inu in a suit. The token’s price moved from about $0.0000657 to roughly $0.0000847, and some sources recorded intraday highs near $0.00009 after traders piled in. Musk Post Sparks Rally Based on market coverage, the move was quick and driven by social media momentum. Traders who watch meme tokens said the tweet and the short video triggered a buying wave that pushed prices up by about 20–29% depending on the exchange. Volume surged at the same time. The overall memecoin market cap rose nearly 6% to close to $64 billion as speculative bets picked up. Flōki is back on the job as ???? CEO! pic.twitter.com/Zu29Dos24r — Elon Musk (@elonmusk) October 20, 2025 Market Activity And Metrics Activity was heavy across spot and derivatives markets. Reports show derivatives volume spiked roughly 660% to $280 million while open interest climbed about 165% to $37 million. That kind of move suggests many traders were not only buying the token but also opening leveraged positions. Some exchanges flagged fast order flow and a quick rise in short-term trading volumes. Community Buzz And Immediate Reaction The Floki project has built a large online community that watches every mention of the name closely. Messages and posts amplified Musk’s share, and that amplification helped fuel the rapid price rise. But it wasn’t a universal buy signal; certain wallets moved to take profits during the rally. Based on on-chain snapshots, a number of large holders sold small slices as the price spiked. Derivatives Surge Raises Questions Analysts and market watchers warned that heavy derivatives activity can push prices both ways. When leverage flows into a small market, moves can be magnified. A rapid inflow of speculative money can lift prices fast, and it can also trigger sharp drops when traders unwind positions. Several analysts suggested that gains tied to a single social post are fragile without steady buying behind them. Related Reading: ‘Buy Of The Century’: Cardano Could Be The 2026 Game-Changer Under $0.20 — Analyst Exchange Listings And Liquidity Notes Liquidity varied between venues. Some smaller platforms showed deeper price swings because their order books are thin. Larger exchanges saw volume rises but less dramatic price gaps. Based on figures, traders on decentralized platforms captured most of the early moves, while centralized venues absorbed the later orders. Featured image from Gemini, chart from TradingView
A Coinbase-linked wallet sent 140,033,123 Shiba Inu tokens to a burn address on October 15, removing those coins from circulation in a single on-chain move. According to records published by community burn tracker Shibburn, the wallet that carried out the transfer was newly created and had only that one visible SHIB transaction. Related Reading: Dogecoin Sheds 25% As $57M Flees Market — Can The Memecoin Recover? Etherscan data shows the address was funded by a wallet tied to Coinbase, and it currently holds 0.002 ETH, worth roughly $9. Largest Single Burn In Months The 140 million SHIB moved on Wednesday stands out as the largest one-off burn in nearly three months. Reports show the last big single send happened on July 28, when an anonymous actor destroyed 600 million SHIB. Since that July event, most individual burns stayed below 100 million until this Coinbase-linked transfer. ???????? 140,033,123 $SHIB -> transferred to dead wallet. https://t.co/EzSFusbkZa — Shibburn (@shibburn) October 15, 2025 Daily Burn Rate Jumps Based on reports from Shibburn, nine transactions that day totaled about 140 million SHIB destroyed, pushing the daily burn figure up by 222%. The tracker’s data also records a cumulative 410 trillion SHIB that have been sent to dead addresses over time. Ethereum co-founder Vitalik Buterin’s past transfers of around 410 trillion SHIB to a burn contract remain the largest single move toward deflation on record. Supply Still Vast Shiba Inu’s total supply remains enormous at roughly 589 trillion tokens. That scale means even large-sounding burns have only a tiny impact on the overall available supply. Market watchers point out that unless burn activity becomes sustained and much larger in scale, the supply math will not shift meaningfully. Wallet Details And Transparency Etherscan shows the burner address executed only that one outgoing SHIB transfer and nothing else. The funding trace to a Coinbase-associated wallet suggests a user on the exchange initiated the action, but the identity behind the address has not been disclosed. The post-burn balance for SHIB is zero, and the tiny ETH holding left behind makes the move appear deliberate and final. Price Action And Technical Levels Even after the large token send to the burn address, SHIB barely moved — it was trading around $0.00001049 when the burn happened, and it slipped only 0.15% over the prior 24 hours. The bigger picture hasn’t changed: roughly 589 trillion SHIB remain in circulation, so even headline-grabbing burns make only a tiny dent. This latest action is part of a string of deflation efforts, including Shibarium Layer-2 burns handled through Bone ShibaSwap, which together have removed billions of SHIB from circulation. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Market Impact Remains Limited This event looks significant in headline terms but small when compared with the huge SHIB supply. The transfer adds to an ongoing narrative of community-led burns that keep holders engaged, yet it is unlikely to change the market trend on its own. Traders and observers will watch whether similar, larger burns follow, or if this remains a one-off action tied to a single Coinbase-funded address. Featured image from Unsplash, chart from TradingView
Crypto exchange Changelly has predicted when the Shiba Inu price could delete three extra zeros and rally to as high as $0.01. Based on the prediction, the top meme coin is still over a decade away from achieving this milestone, even as it currently underperforms in this market cycle. When The Shiba Inu Price Could Hit $0.01 Changelly predicted in a blog post that the Shiba Inu price could reach $0.01 by September 2040. Specifically, they highlighted $0.0106 as the maximum price that SHIB could reach by then. Meanwhile, the crypto exchange projects that the meme coin could still reach $0.0139 by year-end 2040, highlighting that price level as the maximum for December 2040. Related Reading: Why The Shiba Inu Consolidation Could End Rapidly With An Explosive Price Rally The crypto exchange also expects the Shiba Inu price to record further upside from that level, predicting that the meme coin could reach a maximum price of $0.0177 by year-end 2050. This marks a gain of 160809.1% from the meme coin’s current price level. The SHIB burn is one of the mechanisms the SHIB community has adopted to achieve the $0.01 target for the meme coin. The Shiba Inu burn tracker explained that reducing the number of tokens in circulation could increase the Shiba Inu price over time. The platform added that the community’s goal is to raise the meme coin’s price to $0.01. According to the Shiba Inu burn tracker, SHIB’s circulating supply needs to be 224 trillion for it to get to this price target. Therefore, 61.98% of the meme coin’s circulating supply must be removed from circulation, representing 589.5 trillion tokens. SHIB currently has a circulating supply of 589.24 trillion, indicating there is still a long way to go before the meme coin reaches its 224 trillion target. However, the meme coin would also have to witness significant demand for these burns to have an impact on the Shiba Inu price. A Recovery Is On The Cards For SHIB Crypto analyst Javon Marks stated that a more than 150% recovery move to $0.000032 is on the cards for the Shiba Inu price based on a bullish divergence that has formed for the meme coin. This comes as SHIB continues to struggle, with the meme coin one of the top altcoins with a year-to-date (YTD) loss. Crypto analyst SHIB Knight said that the first target for the Shiba Inu price as part of its recovery is $0.00001209, which is the former accumulation zone. The analyst noted that when the market turns positive, SHIB is often among the first to recover. He claimed that this is mainly because of the strength of the SHIB Army. Related Reading: Here’s Why Analysts Are Predicting A Massive Shiba Inu Price Rally In October At the time of writing, the Shiba Inu price is trading at around $0.00001065, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu is back in focus as October begins, with the crypto now trading above $0.000012 after weeks of sideways movement below this price level. Despite the sideways price action, on-chain data is pointing to a change in metrics that could soon translate into a breakout. Crypto analyst Zayn shared fresh on-chain data of Shiba Inu custody on social media platform X, pointing out that the meme coin may be setting up for what traders have nicknamed Uptober. Exchange Reserves Hit Lowest Level Since 2023 According to data from on-chain analytics platform CryptoQuant, Shiba Inu exchange reserves have fallen to 84.55 trillion tokens, valued at about $998 million based on the current price of SHIB. This is important because this is the lowest amount of SHIB held on crypto exchanges since 2023, right before the crypto market started to transition out of a bear market. Related Reading: Why Shiba Inu Price Could Explode 100% With This Descending Pattern On The 2D Chart Interestingly, CryptoQuant’s data shows that Shiba Inu’s exchange reserves have been locked in a consistent downtrend throughout much of 2025, with large outflows steadily draining tokens from exchange wallets. That trend briefly reversed in September when SHIB’s price attempted a breakout above $0.0000146 but was rejected. The rejection triggered a temporary spike in reserves, likely as short-term investors moved their holdings back onto exchanges to sell into the rally. However, CryptoQuant data shows that the exchange reserve has resumed its outflows in the past few days, which shows that a massive amount of tokens are leaving exchanges and moving into self-custody or staking. Why Does This Matter? The decline in Shiba Inu’s exchange reserves carries weight because it directly impacts the balance between supply and demand. A shrinking supply of tokens on exchanges often translates to reduced selling pressure, since fewer holders are in a position to offload their tokens quickly. Related Reading: Can Meme Coins Like Dogecoin And Shiba Inu Still Rally? What To Expect At the same time, history has shown that significant drops in exchange reserves often precede phases of strong accumulation. These accumulation waves have acted as a foundation for rallies, and this gives a reason to believe that the current trend could once again set the stage for a meaningful price breakout. Zayn noted that SHIB is currently trading just below a descending resistance trendline with lower highs and higher lows since May 2025. The bullish outlook right now is a break above this resistance of higher lows. SHIB’s track record in October provides an additional layer of confidence for its price outlook. Since its launch, Shiba Inu has never recorded a red October. Even during the 2022 bear market, SHIB managed to close the month in profit. This consistent performance, combined with the current depletion of Shiba Inu exchange reserves, is why analysts are increasingly convinced that SHIB could be on the verge of a significant rally. If the trend repeats, October 2025 may add another chapter to Shiba Inu’s history of Uptober rallies. At the time of writing, Shiba Inu is trading at $0.00001261, up by 2.4% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
Shiba Inu is approaching a decisive inflection on the 6-day SHIB/USDT chart, according to analyst CryptoNuclear’s October 1 TradingView update. The pair is pressing into a long-standing demand shelf between $0.00000850 and $0.00001183, a band that has repeatedly arrested declines since 2022 and underpinned the market’s extended sideways structure. The zone is highlighted as the market’s “make-or-break” area: hold here and the path opens to a multi-leg advance; lose it and the structure degrades into a deeper drawdown. Key Shiba Inu (SHIB) Price Levels Structurally, the macro picture remains defined by lower highs from the all-time peak, which continues to signal longer-term seller control. That said, the persistence of bids inside the $0.00000850–$0.00001183 box speaks to ongoing accumulation. The 6-day candles have compressed into a progressively tighter range, a classic volatility contraction that typically precedes expansion. With range width narrowing and tests of the same support recurring, the next directional move is likely to be sharp. On the topside, the first pivot is $0.00001580. CryptoNuclear frames this level as the initial breakout trigger on a 6-day closing basis, with volume confirmation required to validate impulsive intent. A decisive close above would expose a stair-step series of upside references at $0.00001940, $0.00002400, and $0.00003338, each corresponding to prior supply within last year’s distribution. Related Reading: Why Shiba Inu Price Could Explode 100% With This Descending Pattern On The 2D Chart Beyond those intermediate shelves sits a larger supply cluster at $0.00007870–$0.00008836, marked on the chart as the “High” band; in the event of a macro reversal, that zone could act as a longer-horizon magnet where profit-taking would be expected. Failure to defend the accumulation base flips the script. A breakdown through $0.00000850, especially on expanding volume, would invalidate the range thesis and shift focus to $0.00000543, annotated as the “Low” on CryptoNuclear’s chart and the next meaningful liquidity pocket below. Acceptance beneath that threshold would increase the risk of capitulation dynamics and the formation of new cycle lows, given the lack of dense historical trading in between. Market positioning follows naturally from the map. Optimistic dip-buyers view the $0.00000850–$0.00001183 area as value and a favorable risk-to-reward location, provided the market can reclaim and hold above $0.00001580 to convert resistance into support and sustain a trend continuation sequence. Related Reading: Shiba Inu Exchange Reserves Fall Below $1 Billion Amid Withdrawal Spree, What This Means For Price Cautious participants see symmetrical risk: the same compression that fuels breakouts can fuel breakdowns, and a daily-to-weekly close beneath the floor would argue for defense first. Neutral traders remain patient, waiting for confirmation via a 6-day close beyond either $0.00001580 or $0.00000850 before committing size. In sum, SHIB is coiled at a historically significant base that is likely to determine the asset’s macro path into 2025–2026. Respecting support keeps the recovery track intact toward $0.00001940, $0.00002400, and $0.00003338, with a more ambitious runway into the $0.00007870–$0.00008836 supply envelope if momentum broadens. Losing the base hands control back to sellers with $0.00000543 as the first downside checkpoint. For investors and swing traders alike, the $0.00000850–$0.00001183 zone—and the reaction around $0.00001580 overhead—are the levels to watch. At press time, SHIB traded at $0.00001231. Featured image created with DALL.E, chart from TradingView.com
Memecoins are being overlooked during recent altcoin positioning, as traders gravitate toward projects with perceived fundamental value.
Ethereum founder Vitalik Buterin recently offloaded billions in meme coins. This has brought back memories of how Buterin handled the Shiba Inu tokens that SHIB’s founder Ryoshi sent to him back in 2021. Ethereum Founder Offloads Billions Of Meme Coins On-chain analytics platform Onchain Lens revealed in an X post that the Ethereum founder had sold 150 billion PUPPIES for 28.58 ETH ($114,480) and 1 billion ERC20 for $13,889 USDC. These are tokens that Vitalik received for free, as meme coin teams and the community are known for sending coins to the Ethereum founder. Related Reading: Analyst Predicts Ethereum Price Will Reach $33,000 As ETH Founder Forecasts ‘Google Moment’ This practice dates to as far back as 2021, when the Shiba Inu founder Ryoshi sent 500 trillion SHIB tokens, which represented half of the meme coin’s total supply. The Ethereum founder famously burned 450 trillion coins by sending them to a dead wallet, while he donated the remaining 50 trillion coins to help fight the COVID-19 pandemic at the time. Since then, Vitalik has adopted a similar approach for every meme coin he receives. The Ethereum founder usually sells these coins and then donates the proceeds to charity. He had mentioned last year that he would truly prefer if these coins were sent directly to charity. Vitalik further advised community members to consider setting up a DAO and getting community members directly involved in decision-making. The Ethereum founder added that the best thing for meme coins is if they can be maximally positive-sum for the world, and that it will be great to see moments when that actually happens. However, these transfers to Vitalik are often viewed as a means for these meme coins to increase their visibility. Vitalik’s move with the SHIB tokens undoubtedly contributed to putting Shiba Inu in the spotlight. He burned those tokens just as the meme coin went on its legendary run in 2021, reaching its current all-time high (ATH) of $0.00008845 in the process. A Peek Into Vitalik’s Public Wallet Arkham data shows that the Ethereum founder still has more meme coins in his pubic wallet, which he received from community members. His largest meme coin holding is currently Moodeng, which he holds 30 billion coins worth $518,000. Meanwhile, his largest crypto holding in value remains ETH. Vitalik holds 240,000 ETH worth just over $1 billion. Related Reading: Bitcoin And Ethereum Prices Crash, But Technicals Show What’s Next The Ethereum founder regained his on-chain billionaire status following ETH’s break above $4,000 last month. ETH eventually reached a new ATH in the process, which caused Vitalik’s wealth to surge briefly. However, the largest altcoin is currently struggling to hold above the psychological $4,000 level amid the recent crypto market downtrend. At the time of writing, the Ethereum price is trading at around $4,200, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com
Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin’s reserves have plunged below the $1 billion mark following a massive withdrawal spree. While this decline may seem concerning at first glance, historical trends suggest that such large-scale withdrawals often indicate a shift from selling to accumulation in the long term. Shiba Inu Exchange Reserves Plunge To New Lows According to data from CryptoQuant, Shiba Inu’s exchange reserves have experienced a steep drop in recent months. As of September 28, 2024, SHIB’s supply across exchanges was approximately 143.62 trillion tokens, equivalent to over $1.5 billion at the time. However, by Monday, September 29 2025, reserves have thinned down significantly to 84.55 trillion tokens, valued at just under $998 million at current market rates. Related Reading: Is Shiba Inu At Risk Of Losing Its Second-Largest Meme Coin Position To PEPE And MemeCore? Based on this timeline, the supply of Shiba Inu on exchanges has decreased by a whopping 59.1 trillion tokens in just one year. This marks the lowest level of SHIB held on exchanges since 2023, highlighting a shift in investor sentiment as withdrawals flood the market. Notably, the sharpest decline in Shiba Inu’s exchange reserves this year was recorded on January 7. At the time, holdings across these centralized platforms fell to 107.84 trillion SHIB, marking a drop of more than 33 trillion tokens from January 6, when reserves stood at roughly 140.79 trillion coins. Since then, SHIB’s exchange balances have continued to shrink, decreasing week by week. The decline in available supply suggests that investors may be moving their tokens into self-custody or staking options, thereby reducing risks from widespread selling pressure. Historically, when exchange reserves plummet, assets become scarcer for trading, creating conditions in which price pressure can develop if demand increases. At the same time, SHIB’s price has faced turbulence in recent months. The token is currently trading at around $0.000011, down from its local highs earlier this year. However, analysts like ’SHIB KNIGHT’ on X social media believe that the current dip represents a buying opportunity, pointing out that the meme coin has entered a key accumulation zone. He argues that long-term holders are capitalizing on lower valuations, slowly adding to each dip. Technical Signals Hint At SHIB Price Breakout While Shiba Inu’s exchange supply declines, technical charts suggest that the meme coin may be preparing for its next price breakout. According to market expert ‘SHIB Mortal,’ Shiba Inu is showing signs of setting up for an “Uptober” rally. His chart analysis highlights a descending resistance trendline that the coin has repeatedly tested, paired with strong support around the $0.000010 zone. Related Reading: Why Shiba Inu Price Could Explode 100% With This Descending Pattern On The 2D Chart SHIB Mortal’s chart illustrates a potential reversal pattern forming, where the meme coin could bounce off current support, reclaim the trendline, and ignite a possible rally to $0.000019 by October. This move would mark a surge of over 70% from current levels around $0.000011. Featured image from Getty Images, chart from Tradingview.com
Shiba Inu has spent the past several days trading in a downward path after a failed breakout attempt above $0.000015 earlier this month. Despite the cautious sentiment among investors, Shiba Inu’s chart structure on the 2-day candlestick timeframe is pointing to an interesting structure. Related Reading: Shiba Inu Completes Bullish Setup: Why A 138% Climb Could Be In The Works A technical analysis by crypto analyst Jonathan Carter highlights a descending triangle formation that could set the stage for a strong bullish move. The setup suggests that if support holds, SHIB could be preparing for a sharp rally in the coming weeks. Shiba Inu’s Descending Triangle Formation Technical analysis of the Shiba Inu price chart on the 2-day candlestick timeframe shows the meme coin locked inside a descending triangle pattern with lower highs pressed against a descending resistance line and repeated retests of a support zone around $0.00001080 support. This level has acted as the most important Shiba Inu price floor since the beginning of the year, although buyers have been stepping in more around $0.000012 since August to defend it. The descending triangle formation is starting to tighten, creating a pressure that often precedes an explosive breakout. This has led to a tilt toward the bullish scenario of Shiba Inu breaking above the upper trendline of the triangle. However, this depends on whether it can bounce at the support convincingly. If the support continues to hold, this pattern could be the springboard for a push to a bullish run. SHIB Price Could Explode 100% As it stands, the Shiba Inu price is currently on a steady upward push, having rebounded at $0.000012 in the past 24 hours. It is now trading just below the 50-day moving average that it must overcome for bullish confirmation. Related Reading: Shiba Inu Bulls Are Back: Here’s The 512 Billion SHIB Accumulation That Triggered A Spark Jonathan Carter’s analysis outlined several upside targets that could be unlocked once SHIB confirms a breakout from the pattern. The chart above shows a path that would take the meme coin directly into higher prices if it breaks above the upper trendline of the descending triangle. The first resistance is at $0.00001420, followed by $0.00001600, then $0.00001850, and finally $0.00002050. A successful rally through these levels would mark an increase of almost 100% from current prices. This bullish momentum might even be enough to position Shiba Inu for a return to the resistance zone around $0.00002460, an area last contested at the beginning of 2025. For this scenario to play out, SHIB must continue to defend its established support zone between $0.00001200 and $0.00001224. A breakdown below this base would invalidate the bullish outlook, leaving the meme coin vulnerable to another fall to the deeper support levels around $0.00001080. At the time of writing, Shiba Inu is trading at $0.00001219. As long as buyers are able to maintain this support zone, the descending triangle pattern offers Shiba Inu a credible opportunity for a breakout rally. Featured image from Adobe Stock, chart from Tradingview.com
XRP’s burn mechanism, which is a long-term supply control feature of the network, is now facing serious questions after daily burns are now at almost zero. Particularly, on-chain metrics from CryptoQuant show that the once-active burn activity that removed thousands of coins per day from circulation has virtually disappeared in recent weeks. This collapse in burns is notable, as it shows how much XRP burns are contributing to the cryptocurrency’s overall token dynamics. Burn Activity Falls Off A Cliff XRP burns have dropped significantly in the past few months, and burn activity has been virtually nonexistent in August and September. This drop in burns is visualized in a detailed chart from CryptoQuant, which tracks the historical progression of XRP burn activity and the changes that have taken place since the beginning of the year. Related Reading: Market Expert Says Sell All Your XRP Once This Happens Back in December 2024, burns briefly surged to more than 15,000 coin in a single day during a period of high network activity. That momentum carried into the early months of 2025, when burn levels stabilized at a moderate but steady pace, ranging from 2,500 to 7,500 XRP per day. By late August, however, activity had collapsed to historic lows, sliding below 1,000 tokens daily and remaining at those depressed levels throughout September. Current figures show only 400 to 750 XRP being burned each day, an amount that is almost insignificant when compared to the token’s massive supply of more than 60 billion. XRP’s burn mechanism is unlike that of popular crypto burns like Shiba Inu. Instead of large periodic burns, it has a constant, small-scale burn mechanism. Each time a transaction is processed on the XRP Ledger, a small fee (set at a minimum of 0.00001 XRP) is permanently destroyed. This mechanism means that every transfer contributes to reducing supply, but the effect is only meaningful when transaction volumes are consistently high. The huge decline in XRP burns, therefore, reflects not only the burn slowdown but also lower levels of transactions on the XRP Ledger itself, at least compared to Q4 2024. In effect, the burn statistics are serving as a mirror of current on-chain activity. XRP Successfully Defends $2.8 Interestingly, XRP’s price action in the past months has not mirrored the collapse in burns. In contrast, the XRP price has managed notable rallies, with it breaking to a new all-time high of $3.65 in July. Related Reading: $480 Million In 2 Weeks? XRP Whale Movements Could Reveal The Next Price Direction At the time of writing, however, the altcoin has retraced by over 20% from that all-time high. Particularly, recent price action in the most recent seven days saw the altcoin break below $3 again after rejecting an earlier rally between $3.18 and $3.15. However, it seems XRP bulls stepped in around support at $2.8 to prevent further declines. At the time of writing, XRP is trading at $2.88, having staged a 2.2% rebound in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
SHIB outperforms DOGE as the crypto market wilts.
Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange-traded funds (ETFs). The SHIB coin is starting to gain notice as it appears on Coinbase’s radar. Coinbase already offers a futures product for Shiba Inu, and this step positions the meme coin for consideration as a future ETF. SHIB’s marketing lead claims the coin already has the necessary setup for this, while a market analyst predicts significant price growth. Both agree that momentum for SHIB is picking up now. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Shiba Inu Enters Coinbase’s ETF Watchlist According to SHIB’s marketing lead, Susie S, the coin has now joined Coinbase’s “ETF Watchlist Club.” This group already includes Dogecoin (DOGE), Solana (SOL), Hedera (HBAR), and XRP. Being named in this group indicates that the Shiba Inu token is gaining more serious attention. Susie S explained that Shiba Inu is in line for spot ETF consideration because Coinbase already has a regulated futures contract called the “1K SHIB Index.” It is essential because it puts SHIB on the same pathway that Bitcoin (BTC) and Ethereum (ETH) followed before they gained approval for spot ETFs. For the first time, the meme coin now stands in the same conversation as two of the world’s largest cryptocurrencies. She added that while it may be harder for Shiba Inu to launch its own solo ETF immediately, the ETF could be part of a larger product. That product could be something like a “Top 10 Crypto ETF” that bundles together several coins. Market Analyst Sees Massive Potential For SHIB Price Market analyst Heber Mayen also sees a big future for Shiba Inu. Posting a SHIB price chart on X, he stated, “It’s gonna be massive!” His comment reflects the rising attention around Shiba Inu as it becomes more active in trading markets. Mayen explained that SHIB’s popularity on Coinbase’s perpetual markets is a significant indicator. As more traders buy and sell SHIB in these products, the trading volume goes up. This rise in volume can help SHIB meet one of the needs for an ETF to be approved. In other words, the more people trade Shiba Inu now, the stronger the case becomes for a future ETF. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price Currently, Shiba Inu is attracting more leveraged traders, and this ETF activity may be fueling ongoing speculation. Analysts like Mayen argue that momentum is on SHIB’s side as investors seek the next big crypto ETF candidate. The price action and volume activity together create the type of market story that can push Shiba Inu further into the spotlight. Backed by comments from its marketing lead and bullish words from the analyst, the SHIB meme coin could become the next big thing. Featured image from Unsplash, chart from TradingView
Crypto analyst Javon Marks has revealed that Shiba Inu has completed a bullish setup and that a rally of around 138% may be on the horizon. Fundamentals such as the new SEC rule also provide a bullish outlook for the foremost meme coin. Shiba Inu’s Bullish Setup Hints At 138% Rally In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds confirmed, hinting at this move for the top meme coin. Related Reading: Shiba Inu Bulls Are Back: Here’s The 512 Billion SHIB Accumulation That Triggered A Spark Before now, Marks had highlighted a divergence confirmation for Shiba Inu, which led to his prediction that a bullish reversal could still be in the cards for the meme coin. SHIB has underperformed up till now, with a year-to-date (YTD) loss of around 38%. However, the analyst has claimed that SHIB could still rally to as high as $0.000081, which would bring it close to its current all-time high (ATH). The potential launch of a Shiba Inu ETF could be one of the catalysts that spark a parabolic run for the SHIB price. Marketing lead Lucie noted that SHIB has regulated futures on Coinbase, which makes it eligible for an ETF listing under the generic listing standards that the SEC just approved. Lucie stated that the big picture for Shiba Inu is that SHIB now joins the “ETF-watchlist club” with other futures-backed cryptos. She added that even before a SHIB-only ETF, the meme coin could be bundled into a multi-asset-backed ETF. A Shiba Inu ETF would inject new liquidity into the meme coin’s ecosystem and could spark higher prices. New ATH Incoming For SHIB In an X post, crypto analyst Shib Spain declared that a new ATH is incoming for Shiba Inu. He stated that the meme coin will bounce “hard” off the support zone around $0.000013 and rally to new highs. Crypto analyst Ragnar Shib remarked that SHIB is heating up, having recorded a 19% gain in the last 90 days. Related Reading: Shiba Inu Diamond Hands Are Refusing To Sell, Bulls Eye $0.00009 ATH The analyst stated that Shiba Inu remains the number one meme token on Ethereum and is fully decentralized, boasting a growing ecosystem that includes the layer-2 network Shibarium, as well as DeFi and NFT products. Crypto analyst Investing Haven highlighted that auto burns and the Shibarium upgrades continue within the SHIB ecosystem, which has helped reduce the circulating supply. However, he warned that the risk associated with the Shiba Inu ecosystem remains high. He also noted that SHIB is witnessing a tactical pullback, although the bull structure is still evolving. In line with this, he advised investors to track the burn rate and fixes in the Shiba Inu ecosystem. At the time of writing, the Shiba Inu price is trading at around $0.00001325, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
The SHIB-DOGE pair has fallen to its lowest level since November 2021, continuing a downtrend from March 2024 highs.
The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What began as reports from blockchain security firm PeckShield quickly escalated into a confirmed attack involving validator key leaks, flash loans, and malicious state changes. Developers have scrambled to contain the breach by freezing 4.6 million BONE tokens, but the situation has revealed vulnerabilities in the security of Shiba Inu’s infrastructure and has had an impact on Shiba Inu’s short-term price action. Developer Confirms Attack Details Taking to the social media platform X, Shiba Inu developer Kaal Dhairya revealed that the incident was probably planned for months and executed using a flash loan to acquire 4.6 million BONE tokens. After gaining access to validator signing keys, the attacker was able to gain majority control and approve a malicious state to siphon assets from the Shibarium bridge. Fortunately, the stolen BONE was delegated to Validator 1, leaving it locked by unstaking delays and giving the team a narrow opportunity to intervene. Related Reading: Shiba Inu Team Confirms Delayed Migration Is A Go, Here’s What’s Coming Dhairya confirmed that the developers immediately froze the compromised funds, suspended all staking and unstaking activity, and transferred stake manager reserves into a hardware wallet secured by a 6/9 multisignature setup. However, the moves were temporary until the extent of the validator compromise could be confirmed, but the developer assured the community that protecting assets was the team’s top priority. The breach drew quick attention from multiple blockchain security outfits. PeckShield, a leading blockchain security company, posted an Etherscan transaction showing the breach by the ShibaSwap exploiter on X. However, Kaal Dhairya noted that the Shiba Inu team is working with PeckShield, Hexens, and Seal 911 to continue investigations on the incident and the next steps to take. According to a separate analysis by Tikkala Security on X, the losses appear to extend beyond the BONE freeze. The post claimed that multiple signer keys appear to have leaked in Shibaswap, which caused an estimated $2.8 million loss. Tikkala Security pointed to an attacker address on Etherscan and explained that the exploit involved repeatedly submitting legitimate Merkle leaf exit requests tied to a root signed by ten different addresses. Market Impact And Price Outlook Despite the severity of the breach, BONE’s market price spiked by over 20% in the hours following the freeze announcement, and this is likely due to the rapid containment. However, the BONE price has calmed, and the breach could have long-term effects that extend beyond the next few days. Related Reading: Shiba Inu Breakout Structure Suggests 670% Rally To $0.000155 The Shibarium bridge is important to Shiba Inu’s strategy. Any lingering doubts about validator integrity or the scope of the losses could weigh heavily on the price of Shiba Inu and BONE. As it stands, both the Shiba Inu and BONE prices have reversed gains in the past few hours. At the time of writing, BONE is trading at $0.1959, down by 4.4% in the past 24 hours, but still up by 24% from its price point seven days ago. Shiba Inu, on the other hand, is trading at $0.00001305, down by 7% in the past 24 hours. Featured image from iStock, chart from Tradingview.com
The attacker used a flash loan to buy 4.6 million BONE tokens, gain majority validator power, and siphon assets from the bridge.