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.
Shiba Inu is attempting to establish a position above the 200-day simple moving average as trading volumes increase.
Developers aim to rebuild confidence after a hidden rebase flaw in v1, promising a simple, auditable token structure.
On-chain data shows that Shiba Inu diamond hands are holding on to their coins despite the meme coin’s underperformance in recent times. This comes as SHIB bulls eye a new all-time high (ATH), with the meme coin potentially reaching $0.00009. Shiba Inu Holders Are Refusing To Sell Despite SHIB’s Underperformance Glassnode data shows that Shiba Inu’s holder retention rate is currently at 96%, having been on an uptrend over the last thirty days. The metric tracks the percentage of addresses that have held SHIB over the past 30 days. An uptick indicates that holders aren’t selling but instead even accumulating more coins. Related Reading: Shiba Inu Market Maker Is On The Move With Billions Of SHIB, Here’s What We Know Furthermore, Santiment data confirms that investors are still accumulating Shiba Inu, despite SHIB’s underperformance. Notably, the number of holders have continued to rise amid the price downtrend, and there are now 1.53 million SHIB holders. This comes as the meme coin looks to hold above the psychological $0.000010 price level. However, a negative for SHIB is the downtrend in the holdings of Shiba Inu whales. Santiment data shows these whales have continued to offload their coins amid the meme coin’s underperformance. These whales refer to those holding 10 million coins and above. Notably, they account for over 98% of the meme coin’s total supply. This also explains why there have been more exchange inflows than outflows, highlighting the fact that there is currently more supply than demand. On September 5, the exchange inflows were 73.73 billion SHIB while the outflows were 46.25 billion coins. Meanwhile, supply on exchanges remains sideways, with whales choosing to offload their coins and stay on the sidelines rather than actively buying the dip. SHIB Bulls Eye New ATH Shiba Inu bulls are eyeing a new all-time high for the meme coin despite its underperformance this year. Crypto analyst Javon Marks has also fuelled the bullish outlook for the SHIB price, predicting that it could record a rally of over 500%, which would bring it close to its current ATH of $0.00008845. Related Reading: Shiba Inu Price Forms Double Bottom At Demand Zone — What To Expect In an X post, Marks said that Shiba Inu has confirmed a bullish pattern in a regular bull divergence with the MACD Histogram. He explained that this suggests that the SHIB price is about to record a major bullish reversal to the upside, which can include a move of over 163% back into the $0.00003 range. The crypto analyst further remarked that this move may only be the start. He stated that the 163% move could be part of an over 570% run to the $0.000081 breakout target if the Shiba Inu price continues to hold well broken out of an older structure. At the time of writing, the Shiba Inu price is trading at around $0.00001230, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu (SHIB) has taken a big step into a new area of decentralized finance, making it part of a cross-chain lending and borrowing market. This latest move was made possible by an integration with Chainlink (LINK) and a new listing on Folks Finance. Shiba Ibu Official Announcement Confirms Cross-Chain Lending Launch The news was confirmed directly by SHIB’s official account on X. The team said that SHIB is now available for lending and borrowing on Folks Finance. Following the announcement, token holders can participate in new financial activity by depositing the tokens to earn yields or using them as collateral across different blockchains. Related Reading: You Won’t Believe How Much Of The Shiba Inu Supply The Top 10 Addresses Control Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has enabled Shiba Inu to function as a cross-chain token. By adopting CCIP, SHIB is no longer limited to one network and avoids the liquidity trap on separate chains. With the integration, digital assets can be transferred seamlessly between blockchains, supporting lending and borrowing within a single, interconnected system. According to the official announcement, the CCIP protocol resolves the liquidity issue of liquidity fragmentation. Using Chainlink’s technology, SHIB has entered a new stage where it can serve as part of the cross-chain DeFi market. This key move makes the token the first memecoin to join Folks Finance’s lending markets. In the announcement, the SHIB team also said that incentives for depositors were already active. Depositors and users who add SHIB tokens to Folks Finance can immediately participate in the program and benefit from the new market structure. Folks Finance Hails Shiba Inu As First Memecoin In Cross-Chain Markets Folks Finance also shared the development on its official X account. The platform described the Shiba Inu token as “the first memecoin with cross-chain lending markets.” This description shows the significance of the listing because no other memecoin has reached this level of cross-chain DeFi market presence before. Folks Finance notes that the memecoin has transitioned into a category that allows it to participate in broader DeFi activities. Related Reading: Is Binance Manipulating XRP Price And Driving The Crash? Analyst Gives Answers The digital asset now connects to a system that allows lending, borrowing, and liquidity, and the team at Folks Finance also highlights the integration powered by Chainlink’s CCIP. The post also stated that anyone can now deposit and borrow SHIB on any part of the protocol’s chain. The single unified pool with deep liquidity creates a situation where users do not need to worry about fragmented markets. The SHIB team and Folks Finance announcements show that Chainlink’s CCIP has brought Shiba Inu into a new market. The integration has given SHIB new use cases beyond its original status as a memecoin. With cross-chain lending, borrowing, and incentives now available, Shiba Inu could become part of a growing decentralized finance market that spans many chains, opening doors for stronger adoption in the future. Featured image from DALL.E, chart from TradingView.com
New data from Santiment has revealed that the top 10 Shiba Inu (SHIB) addresses control over 62% of the entire token supply. The crypto analytics platform shared the update on Tuesday, posting percentages of supply held by the top blockchain wallets of popular Ethereum-based tokens on X. Santiment Data Reveals Top 10 Wallets Hold Over 62% Of Shiba Inu Supply According to the Santiment report, the concentration of Shiba Inu supply in the hands of the top 10 wallets is striking. According to the data, out of Shiba Inu’s original one quadrillion tokens, 62.3% are now controlled by only ten addresses. This figure amounts to around 623 trillion SHIB tokens. Related Reading: Is Binance Manipulating XRP Price And Driving The Crash? Analyst Gives Answers Public blockchain data available on Etherscan offers an even closer look at these leading Shiba Inu addresses, giving more detailed information about the wallets and the amounts of SHIB they currently hold. The biggest wallet in this group is the official Shiba Inu burn address created when Ethereum co-founder Vitalik Buterin sent over 410 trillion SHIB to the address in 2021. This address contains 410.43 trillion SHIB, making it the largest single holder in the ecosystem. Tokens in this wallet are considered permanently removed from circulation. Another primary address also holds a large amount of SHIB. This wallet contains about 53.37 trillion tokens, equal to 5.33% of the total supply. The wallet may be associated with a decentralized exchange or a smart contract. These two top wallets together already make up a large part of the Shiba Inu supply, while a mix of exchanges and other entities fills the rest of the list. Exchanges Dominate The Biggest Shiba Inu Holdings The data also shows that several of the largest wallets belong to major centralized exchanges. Robinhood appears on the list as one of the most oversized holders. The wallet linked to Robinhood currently holds 39.27 trillion SHIB, which represents 3.92% of the total supply. Binance is also a leading holder of Shiba Inu. The address labeled Binance Hot Wallet 20 contains 30.71 trillion tokens, or 3.07% of the total supply. Another address, Binance 28, holds 19.51 trillion SHIB, equal to 1.95%. Related Reading: Dogecoin Price Set For Explosive Rally If This Structure Holds Crypto.com is another exchange with a large wallet among the top 10. The wallet connected to Crypto.com holds 29.83 trillion SHIB. This number represents 2.98% of the supply. Other large wallets on the list include one address with 12.04 trillion SHIB, which makes up 1.2% of the total. Another holds 11.41 trillion tokens, equal to 1.14% of the supply. A separate wallet contains 9.04 trillion SHIB, or 0.9%. Finally, the tenth-largest Shiba Inu holder controls approximately 7.65 trillion tokens, which equates to 0.76% of the total supply. The wallet may also be related to a decentralized exchange. Featured image from DALL.E, chart from TradingView.com
Crypto analyst Jonathan Carter has alluded to a technical pattern for Shiba Inu, which points to a breakout to the upside. Based on this, he predicted that the meme coin could soon break above the psychological $0.00002 level, which could pave the way for higher prices. Shiba Inu Confirms Descending Channel Breakout In an X post, Carter said that the Shiba Inu descending channel breakout has been confirmed. He noted that the meme coin has successfully broken above the descending channel and is currently consolidating just below the MA 50 on the daily timeframe. Based on this, the analyst indicated that SHIB could record a rally of over 100%. Related Reading: Shiba Inu Price Set For 650% Expansion To $0.00009 ATH If This Happens This came as Carter stated that a move above this MA could trigger an explosive rise toward targets at $0.00001400, $0.00001750, $0.00002050, and $0.00002500. Meanwhile, his accompanying chart showed that Shiba Inu could rally further to $0.000033 if it successfully breaks above $0.000025. However, the $0.000033 level will mark a huge resistance for the meme coin. Notably, crypto analyst Javon Marks recently predicted that Shiba Inu could record a rally of over 163% to the $0.00003 range. He stated that the SHIB price had formed a bullish pattern in a regular bull divergence, which the MACD Histogram confirmed. Based on this, he declared that a reversal was on the horizon, with the meme coin rallying to the upside. These bullish predictions come amid a bearish sentiment toward the Shiba Inu price. The meme coin has underperformed the broader crypto market and is down over 42% year-to-date (YTD). However, crypto analyst Shib Spain is still bullish on the meme coin. He stated that the longer the meme coin’s accumulation continues, the more powerful the explosion will be. SHIB At Crossroads At The Moment In a TradingView post, crypto analyst CobraVanguard suggested that the Shiba Inu price is at a crossroads at the moment. This came as he highlighted a triangle pattern, which he stated would break in the direction it is breached, and the price would then move in that direction. His accompanying chart showed that $0.000012251 is the key level to watch out for as the meme coin decides its next move. Related Reading: Can Dogecoin And Shiba Inu Prices Recover? What To Expect In September A breakdown below this price level could send Shiba Inu to as low as $0.000011269. Meanwhile, a successful break above this level could send the meme coin to as high as $0.000014183 in the short term. This marks one of the price levels that Carter mentioned as SHIB eyes a rally above the psychological $0.00002 level. At the time of writing, the Shiba Inu price is trading at around $0.00001240, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu (SHIB) is showing signs of a powerful comeback as fresh bullish signals emerge on the charts. A rare divergence pattern is fueling speculation of a massive reversal, with analysts eyeing a potential rally that could stretch as high as $0.000081. But can SHIB really sustain the momentum for such an explosive rally? Bullish Divergence Sparks Hopes Of A Reversal In a recent update shared on X, Javon Marks revealed that Shiba Inu has confirmed a bullish pattern through a regular bullish divergence on the MACD histogram. This technical development signals a notable shift in momentum that could mark the beginning of a major reversal for SHIB, with buyers slowly regaining control of the market structure. Related Reading: Shiba Inu Price Forms Double Bottom At Demand Zone — What To Expect Javon Marks further explained that this signal points to a possible 163% surge, which could lift SHIB back into the $0.00003 range. Such a move would not only signal renewed bullish strength but also mark an important recovery from the recent periods of consolidation and price weakness that have kept the token under pressure. The analyst also stressed that this projection may represent only the first leg of a much larger rally, suggesting that the token is preparing for a sustained upward move rather than a short-lived bounce. Looking further ahead, Javon Marks outlined an even more ambitious scenario for SHIB. If bullish momentum continues to build, the breakout pattern could fuel an extraordinary 570% run, potentially driving the price toward the $0.000081 target. Such a move would dramatically reshape SHIB’s long-term outlook, establishing it as one of the most aggressive rebound moments in the crypto market. Shiba Inu Key Technical Outlook Presently, the first significant resistance sits near $0.000017, a level that has acted as a barrier in recent sessions. A successful close above this zone could open the door toward $0.0000204, and potentially drive SHIB toward the $0.0000263 mark. Breaking through these levels would confirm renewed bullish momentum and could encourage further accumulation by buyers. Related Reading: How High Can Shiba Inu Climb In 2025? Analyst Gives Candid Outlook On the downside, SHIB has immediate support around $0.0000080, which aligns with recent lows. A deeper pullback could test the $0.0000065 region, where the 100-day moving average currently provides backup. If bears manage to push the price below this level, SHIB risks revisiting the $0.00000534 support area, which would likely increase selling pressure. For now, Shiba Inu remains in a wait-and-see zone. A decisive break above resistance could spark a bullish continuation, while failure to hold above near-term support might expose the token to further downside. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu’s active addresses have crashed over 50% in three months, providing a bearish outlook for the top meme coin. This development has also coincided with the SHIB price crash during this period. Shiba Inu’s Active Addresses Crash Over 50% Santiment data shows that Shiba Inu’s active addresses have crashed by over 50% since they peaked on May 2 at around 7,800. Since then, this metric has been on a downtrend, dropping to as low as 2,500 earlier in June. Now, the number of active SHIB addresses is currently at an average of 3,000. Related Reading: Shiba Inu Exec Gives Reasons To Keep Going Despite SHIB Price Crash The drop in Shiba Inu’s active addresses has followed the crash in the SHIB price. Notably, the meme coin reached a peak of around $0.17 in May and has been in a downtrend since then. CoinMarketCap data shows that Shiba Inu is down over 10% from its 3-month high in May. SHIB’s decline has occurred despite the bullish sentiment in the broader crypto market. During this period, Bitcoin and Ethereum have rallied to new all-time highs (ATHs). However, the SHIB price has underperformed despite its positive correlation to the flagship crypto assets. Meanwhile, Shiba Inu’s network growth also paints a bearish picture for the meme coin. Santiment data shows that this metric has been on a downtrend since it peaked in July. Back then, the network growth hit 2,309 in reference to the number of new users adopting Shiba Inu. Since then, the network growth has spiraled down, dropping to as low as 1,078 on September 1. However, a positive for the SHIB price is that the number of holders has increased during this period. Santiment data shows that the total number of SHIB holders has increased during the past three months and is currently at 1.53 million. This suggests that investors continue to believe in the SHIB price’s trajectory, despite its underperformance so far. The meme coin is down over 43% year-to-date (YTD). SHIB Price Confirms Bullish Pattern From a technical analysis perspective, crypto analyst Javon Marks has also provided a bullish outlook for Shiba Inu. In an X post, he stated that the SHIB price has confirmed a bullish pattern in a regular bull divergence, as indicated by the MACD Histogram. Related Reading: Shiba Inu Price Set For 650% Expansion To $0.00009 ATH If This Happens Marks explained that this suggests that a major bullish reversal back to the upside may be on the horizon. This could include a rally of over 163% to the $0.00003 range, which the analyst claimed may only be the start. As the SHIB price continues to hold its breakout over an older structure, he predicted that the meme coin could record a rally of over 570% to the $0.000081 breakout target. At the time of writing, the Shiba Inu price is trading at around $0.00001228, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Among the top performers from the past cycle, Shiba Inu has struggled to hold its own as its price has tumbled by more than 85%. As a result, the meme coin has been pushed out of the top 20 cryptocurrencies by market cap as the price continues to struggle. However, there could be a turn in the tide for the Shiba Inu price after a major price formation at a demand level. This historically bullish move could spell the start of another major rally for the meme coin. Shiba Inu Price Shows Bottom Signal After tumbling below $0.000013, the Shiba Inu price has now reached a critical level that suggests a big move is on the horizon. This was highlighted by crypto analyst MyCryptoParadise, who identified the formation of a classic double bottom pattern. While double bottoms are not exactly rare, what makes this one so important is the level at which it was formed. Related Reading: Is The Bitcoin Price Bottom In? Here’s What Social Sentiment Says As the crypto analyst points out, this classic double bottom formation has taken place around the $0.000012 level. This is a historical demand zone for the Shiba Inu price, which refers to a point where there is usually a lot of buy pressure for a digital asset. The formation at the support zone leads to a bullish structure that has more often than not led to a major price rally for a cryptocurrency. This means that this could be the start of a bullish reversal, and all that needs to happen is for the bulls to maintain their momentum at this point. Once the price breaks through the resistance at $0.000013, then it only needs to surmount the weak resistance that has built up at $0.00001345. This will actually lead to the level of importance, which lies between $0.00001428 and $0.00001445. These levels are important due to high liquidity, and the analyst explains that “if taken out with strength, SHIB could trigger a sharp rally that leaves latecomers chasing.” The Bears Still Have A Chance The formation of the classic double bottom pattern at the demand zone is inherently bullish, but it doesn’t completely eliminate the possibility that bears could still regain control. A bearish scenario could be reached if the meme coin completes a daily close below the demand zone at $0.000012. Related Reading: Pundit Calls Bitcoin Price Crash Below $93,000, Reveals Bear Targets From Here Such a move would invalidate the bullish momentum for the Shiba Inu price, signaling trouble for the meme coin. Further declines inside the current descending channel would put the Shiba Inu price on a path toward $0.000011 again. Featured image from Dall.E, chart from TradingView.com
The Shiba Inu development team has sounded the alarm over a wave of scams tied to LEASH and other tokens within its ecosystem. Related Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock In notices put up on X by Susbarium, a Shiba Inu-committed profile, scam websites and pretend migrant links are being exploited to deceive owners into attaching wallets and confirming malicious transactions. Fraudulent Sites And Phishing Attempts One of the scams highlighted involved a website promoting a fake LEASH migration. The warnings stress that any messages on Telegram encouraging users to take part in “LEASH V2 Migration” are phishing schemes designed to drain funds. Shiba Inu holders were told to avoid clicking links or approving wallet requests that do not come from official channels. ???? SHIBARMY SAFETY ALERT ???? Beware of fake migration sites and scam messages targeting $LEASH and other Shiba Inu ecosystem tokens. ???? The site seen in the image is confirmed to be fraudulent. ???? Telegram messages promoting “LEASH V2 Migration” with wallet connection requests… pic.twitter.com/ritcxUChQC — Susbarium | Shibarium Trustwatch (@susbarium) August 30, 2025 LEASH Supply Concerns Spark V2 On August 11, 2025, LEASH supply unexpectedly grew by 10%, sparking concern across the community. This event contradicted the long-standing belief that the token’s supply was fixed and that rebasing had been disabled. After reviewing the incident, developers and the community agreed that LEASH v2 would be launched under a new audited non-rebase contract. Shiba Inu developers noted that work on LEASH v2 is already underway. The stated goal is to provide a secure migration process, with full verification and protections for token holders. At the same time, the team emphasized that any announcements about LEASH migration outside the official SHIB website should be treated as scams. Warnings Against False Claims Susbarium also pointed out that coordinated groups of bad actors are spreading misinformation across social media through networks of fake accounts. These efforts, according to the watchdog, are aimed at creating confusion and preying on less experienced investors. The Shiba Inu team has made clear there is no official LEASH token on Solana. Claims of migration to that blockchain are fraudulent, and any Solana-based version of LEASH is fake. Only tokens listed on the official SHIB website are valid parts of the ecosystem, the team stated. Related Reading: XRP ETF Launch Could See $5B Inflows, Outpacing Ethereum ETFs: CEO Community On Alert The repeated warnings underline how token migrations or contract changes often become a magnet for scams. Shiba Inu developers say their priority is protecting holders during the shift to LEASH v2 while ensuring every step is transparent and verifiable. For now, the community is being told to remain vigilant and avoid any unofficial migration offers. Featured image from Unsplash, chart from TradingView
Shiba Inu’s price action in recent days has been largely subdued, and many traders would argue it has had the most disappointing meme performance lately. The price has been range-bound between $0.00001345 and $0.00001190 for much of August, showing low volatility as traders wait for a decisive move. Nonetheless, a new technical analysis suggests that SHIB may be approaching the end of its consolidation cycle. According to analyst Kamran Asghar, the weekly chart is showing signs of preparing for a major expansion phase that could unlock a rally of more than 650%. Shiba Inu’s History Of Explosive Expansions The weekly candlestick timeframe chart shared by Kamran Asghar shows that Shiba Inu has repeatedly followed a cycle of prolonged accumulation phases before launching into massive expansions. Looking back as far as July 2021, SHIB experienced a 1,154% rally after a lengthy consolidation period. Related Reading: Bybit Exchange Unveils Massive Shiba Inu Balances In The Trillions As Price Tanks Interestingly, this pattern repeated again in early 2024 when the price surged by over 501% after another extended accumulation stage. Both cycles were characterized by weeks of sideways action, followed by sudden vertical rallies that took SHIB to new highs in a short span of time. The current setup has strong similarities to these earlier phases. For one, the Shiba Inu has been locked in a tight accumulation range for several months since the beginning of 2025. This accumulation range has been characterized by low volatility between the upper end of $0.000020 and the lower end of $0.000010 for most of the year. Now, given the precedent of the last two breakouts, Shiba Inu’s ongoing consolidation may already be nearing its end. The 650% Expansion To $0.00009 If history repeats, the next move could cause another Shiba Inu price explosion on the weekly candlestick timeframe. According to the analyst’s projection, the massive expansion would see the Shiba Inu price increase by 650%, which would see it reach a target of $0.00009. Related Reading: Shiba Inu Exchange Supply Drops Toward New Lows, What This Means For Price This level coincides with the chart’s projection for a new all-time high, as it would see Shiba Inu break above the peak of $0.00008616 that has held since 2021. The projection is based on measuring past expansions and overlaying an average of the two on the current price structure. Although the projected 650% increase is less than the 1,150% rally witnessed by Shiba Inu in the 2021 rally, the volume needed in this case would be far greater. As such, the most important factor that will determine whether this breakout will occur is demand volume. In both prior expansions, Shiba Inu ’s rallies were caused by sudden surges in demand that pushed the price out of its accumulation box with high conviction. Without this surge in volume liquidity, Shiba Inu’s price action may continue drifting sideways within the consolidation range. At the time of writing, Shiba Inu is trading at $0.00001236, down by 3.8% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com