The U.S. consumer price index for May is expected to rise to 2.5%, potentially impacting market dynamics.
SHIB's price volatility included a peak at 0.00001336 and a decline to 0.00001297, with significant trading volume.
SHIB failed to maintain gains above the 100-day simple moving average, closing at $0.00001317, a 2.9% gain over 24 hours.
Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin may now be entering a consolidation phase, quietly forming a potential base below recent highs. A Breakdown Of The May 29-30 Drop According to a recent update by Crypto Man MAB on X, SHIB continues to show signs of weakness in the short and long term. The meme coin is currently trading at $0.00001266, reflecting a modest +0.47% decline in the past 24 hours. In a larger time frame, SHIB has lost 3.80% over the past 30 days and a significant 54.73% over the last 180 days, underlining a persistent bearish trend. Related Reading: Shiba Inu Trapped Inside Triangle: 17% Move Incoming? From a technical standpoint, the chart reveals a sharp price drop between May 29 and May 30, where SHIB fell swiftly from the $0.00001500 region down to $0.00001250. This sudden decline points to intense selling pressure, likely driven by broader market uncertainty or profit-taking. However, the price has since found some footing, showing early signs of stabilization and potential consolidation in the lower range. During the steep decline, volume analysis shows a notable spike in trading activity, suggesting panic selling or large-scale exits by holders. However, volume has tapered off following the drop, which often signals that selling activity is cooling down. Overall, Shiba Inu appears to be hovering in a consolidation zone, and key support or resistance levels must be tested before the next major move unfolds. Whether the market will witness a bounce or further breakdown could depend on broader sentiment and if buyers step back in with conviction. Support And Resistance In Shiba Inu’s Recent Performance Crypto Man MAB observed that SHIB has found short-term support around $0.00001250 after its recent drop, suggesting selling pressure has eased. Meanwhile, key resistance sits between $0.00001350 and $0.00001400, where Shiba Inu previously struggled to move higher. Related Reading: Shiba Inu Bulls Roar To Life After Breakout—Next Price Targets The 24-hour price range remains tight, fluctuating between $0.00001257 and $0.00001308. However, the sharp decline seen earlier still signals caution, especially with volume dropping off during the consolidation phase. Overall, the sentiment stays bearish. Without a clear reversal or breakout, the current trend favors the bears, and further downside risk can’t be ruled out. In conclusion, the analyst noted that Shiba Inu remains in a bearish trend, currently consolidating near the $0.00001250 support. A breakout above $0.00001350 could signal renewed bullish momentum, while a drop below $0.00001250 may lead to further downside. Monitoring volume and overall market sentiment is key to confirming the next move. Featured image from Getty Images, chart from Tradingview.com
An analyst has pointed out that Shiba Inu is currently trading within a triangle pattern, which could set up a 17% move for the memecoin. 4-Hour Price Of Shiba Inu Has Been Consolidating Inside A Triangle Recently In a new post on X, analyst Ali Martinez has talked about a pattern that has been forming on the 4-hour chart of Shiba Inu recently. The pattern in question is a triangle from technical analysis (TA). This type of channel emerges when the price of an asset observes consolidation between two trendlines that converge at some common point. The upper line of the pattern is likely to be a source of resistance, while the lower one is a source of support. Related Reading: Ethereum May Be One Dip Away From Mass Losses—Data Warns There are a few different types of triangles in TA, with the most popular ones being the ascending, descending, and symmetrical variations. The arrangement of the trendlines dictates which type of asset the asset is following. When one of the trendlines is parallel to the time-axis, one of the former two appears. The ascending variation forms when consolidation is toward a net upside. That is, when the upper line is flat and the lower one is sloped upward. Similarly, the descending one involves the opposite orientation. The third type, the symmetrical triangle, has both of the trendlines angled at an equal and opposite slope. In this variation, consolidation narrows down to a point in a sideways manner. In triangle patterns, a breakout from one of the trendlines often ends up being around the same length as the height of the triangle (that is, the distance between the upper and lower line at their extreme). Now, here is the chart shared by the analyst that shows the triangle that Shiba Inu’s 4-hour price has been moving inside over the last few weeks: From the graph, it would appear that the triangle that Shiba Inu has been inside recently is of the descending type, as its price has overall been moving down over this timeframe. Based on the pattern, Martinez has noted that SHIB could be heading toward a 17% swing. Related Reading: How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals But which way could this move appear in? Generally, a descending triangle is considered to be a continuation pattern for a bearish trend. It can also, however, sometimes act as a reversal pattern, with a breakout coming in the upward direction instead. At present, Shiba Inu is sitting near the midway point between the two trendlines. As such, it only remains to be seen which of the two lines it might visit next. As the consolidation lengthens, the triangular channel is only getting tighter, so one way or the other, a break may occur soon. SHIB Price At the time of writing, Shiba Inu is trading around $0.00001436, down about 2% in the last seven days. Featured image from Dall-E, charts from TradingView.com
SHIB dropped 5% on high volume but found support near $0.00001440. With over 1.13M loyal holders and ecosystem updates ahead, long-term sentiment stays firm.
Dogecoin and Shiba Inu remain the top leaders when it comes to meme coins, but others have been creeping up as fierce contenders over time. Back in 2021, when the original meme coin bull run started, the likes of FLOKI had crept up from the shadows to also become investor favorites. Through the bear market and into the current bull market, FLOKI has shown incredible strength, and one crypto trader believes that there is still a lot of runway for the meme coin. Why FLOKI Is A Great Choice Over Dogecoin And Shiba Inu Crypto trader and analyst Unipcs, also popularly known as ‘Bonk Guy,’ has given reasons why buying FLOKI could be a better play compared to Dogecoin or Shiba Inu. In addition to the fact that it was created back in 2021 and has survived a bear market alongside Dogecoin and Shiba Inu, FLOKI has other characteristics that has made it a great meme coin choice. Related Reading: Crypto Analyst Puts Bitcoin Price At $120,000 If This Range Breakout Happens One of the major driving forces behind the support for FLOKI comes with the expectation of an Exchange-Traded Product (ETP) to be launched for the meme coin. This puts it miles ahead of other meme coins which are yet to see major institutional support. Furthermore, the FLOKI meme coin has already proven its position as a solid choice over Dogecoin or Shiba Inu after rallying to a new all-time high back in 2024. This saw it outperform Dogecoin and Shiba Inu as these market leaders continued to trend below their all-time high peaks from 2021. Just like Dogecoin and Shiba Inu, FLOKI has also scored listings on major crypto exchanges across the space, in addition to smaller listings. It is trading on Binance, Coinbase, and Bybit, among others, with daily trading volumes crossing $200 million at the time of this writing. Related Reading: Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows Moving on to the chart, the crypto trader also revealed that the FLOKI chart does look strong. After holding and sustaining accumulation through the start of 2025, the meme coin is riding up once again and has already broken through $0.0001. Given this, Unipcs believes that an impulsive move for FLOKI is only a matter of time from here. “The fact that FLOKI is still under the radar, despite cult-like loyalty from its holders and insane retail recognition, means any rally it gets will likely go much higher than anticipated—a classic hated rally setup,” the crypto analyst said in conclusion. Featured image from Dall.E, chart from TradingView.com
Following its launch by the Shiba Inu team back in August 2023, the Shibarium network has been subject to the highs and lows of the market. Despite coming from a team with a large community, the Ethereum Layer 2 network has struggled to stay relevant in the fierce competition among Ethereum Layer 2 networks. After the initial run fueled by the anticipation of the launch, the Shibarium network is dealing with low participation as new account numbers flatline. New Accounts On Shibarium Fall Below 100 The new account metric tracks the total number of brand new accounts that are created on the Shibarium network daily. This is different from the total daily users as it only tracks new accounts and not existing accounts. It also helps to show the adoption rate as more new accounts signing up shows adoption is rising and the number falling means the opposite. Related Reading: Did Cardano Founder Steal $619 Million? Hopkinson Makes Shocking Revelation Presently, the Shibarium network is falling behind as the total number of new accounts signing up have fallen below the 100 mark. This comes after a major spike at the beginning of May 2025 when a total of 5,111 new accounts were created on May 6th alone. Since then, the number has crashed by over 99%, dropping first to just above 200 new daily accounts, before bottoming out below 100. Data from ShibariumScan shows that in the last four days, fewer than 100 new accounts have been recorded daily. This also coincides with a sharp decline in the active accounts on the network, going from over 21,000 daily at the start of May to less than 15,000% by the middle of the month. New transaction figures have also fallen with 1.87 million recorded on Tuesday compared to the 3 million average at the start of the month. Related Reading: Bitcoin Weekly Closes Above Range High Despite Crash From $107,000, Why The Bulls Are Still In Charge Shiba Inu Follows Bearish Trend The trend of low adoption recorded on the Shibarium blockchain has also been felt in other areas such as the total addresses holding the Shiba Inu token. According to IntoTheBlock, the total addresses holding Shiba Inu have seen a decline over the last couple of days. This metric went from above 1.4 million to 1.39 million addresses. A small decline, but nonetheless pointing to an exit from the cryptocurrency by investors. At the same time, the Shiba Inu price has also struggled to stay afloat at this time. Caught in a power struggle between the bears and the bulls, Shiba Inu has seen its price constrained to a tight range of $0.000014 and $0.000017. If the sell-offs continue, then the meme coin could break below the support currently being established at $0.000014. Featured image from Dall.E, chart from TradingView.com
SHIB rebounds from sharp drop with a 4x surge in trading volume, holding firm above $0.000015. Analysts see signs of strong accumulation despite volatility.
Shiba Inu (SHIB) printed a textbook-grade inverted head-and-shoulders on the daily chart this spring, and Tuesday’s session shows the pattern has now gone through the full breakout-and-retest sequence flagged by independent analyst Cantonese Cat (@cantonmeow). Shiba Inu Completes iH&S Pattern The structure took shape over three distinct troughs: a left shoulder that bottomed just above $0.00001082 in mid-March, a head that wicked to about $0.00001030 in early-April, and a right shoulder that found support near $0.00001230 in the opening days of May. That sequence carved out an arc lasting more than two months, culminating in a decisive surge from May 8 that vaulted price through the neckline with a long, full-bodied green candle. Momentum on that breakout carried SHIB as high as the $0.00001765 region—its loftiest print since early-February—before profit-taking invited a classic “throwback.” Over the past sessions the token has slid back into the neckline zone, where bid interest has so far absorbed supply, validating the level as a fresh support zone between $0.00001400 and $0.00001470. The successful retest is the final criterion many technicians require before calling the pattern complete. Related Reading: Shiba Inu Marks Major Milestone Amid Market Rebound Toward $0.00002 Measured from the head’s extreme to the midpoint of the neckline, the vertical depth of the formation is roughly $0.0000037. Applying that distance to the breakout area confirms the local top at $0.00001765. Cantonese Cat summarised the setup succinctly: “SHIB daily – inverted H&S brokeback pattern completed. Favors bullish continuation.” With the neckline now acting as a springboard, price action over the next few sessions will determine whether bulls can translate the technical victory into fresh upside follow-through or whether bears manage to drag the token back into the former trading range. Related Reading: Shiba Inu Could Erupt 500%—Analyst Sounds The Alarm SHIB Price Targets Upside targets can be found with the help of Fibonacci retracement levels. Anchoring the grid to last summer’s $0.00004569 high and the March swing low at $0.00001030 produces a 23.6 percent retracement at $0.00001865 which forms the second technical waypoint, only after the 200-day EMA at $0.00001603. Should buyers reclaim both lines on a closing basis, the roadmap points toward $0.00002382 (38.2 percent) and the midpoint level at $0.00002799, an area that also coincides with the lower margin of last December’s congestion zone. Beyond it, the golden-ratio mark at $0.00003217 and the 78.6 percent retracement at $0.00003811 frame the penultimate obstacles before any renewed challenge of the macro peak. Conversely, failure to defend the neckline shelf near $0.00001430 would invalidate the bullish script and shift short-term risk back to the 50-day EMA around $0.00001399 and ultimately to the cycle floor at $0.00001030. Until that downside failsafe is breached, the Fibonacci grid argues that momentum remains skewed in favor of buyers pressing for a return into the high-teens and, potentially, the low-twenties in the weeks to follow. Featured image created with DALL.E, chart from TradingView.com
Shiba Inu’s price swings reveal quick gains and sharp reversals, while on-chain data shows whales reducing exposure, hinting at short-term bearish pressure.
Meme token faces significant downward pressure amid shifting economic conditions despite positive developments in US-China trade relations.
Amid the flurry of new activity spurred by the crypto market recovery, Shiba Inu has marked a new milestone that shows continuous growth even through the bear market. The meme coin has now hit a new all-time high in terms of holders, showing that it remains a major player in the space. Shiba Inu Holder Base Crosses 1.5 Million Wallets Shiba Inu marketing Lead, Lucie, took to the X (formerly Twitter) platform to celebrate a new milestone for the Shiba Inu community. She showed that the total Shiba Inu holder base has now crossed 1.5 million total holders, marking a new milestone for the meme coin. Related Reading: XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price Go? According to data from Etherscan, the total number of wallets holding Shiba Inu on their balances was 1,507,445 at the time of writing, already up more than 300 wallets after Lucie’s post. Additionally, total transactions that have been carried out on the contract had surpassed the 15 million mark, sitting at almost 15.5 million. What’s Driving Participation From The SHIB Community? A major development for the Shiba Inu community is the upcoming launch of Bury 2.0. This is a staking mechanism from the SHIB team that allows community members and investors to stake the four tokens native to the Shiba Inu platform. Lucie outlined the advantages of Bury 2.0 in another X post, explaining why it is different from other staking mechanisms. The first major reason given for why Bury 2.0 is superior is the fact that it allows stakers to have real voting power in the ecosystem. When users stake SHIB, TREAT, BONE, or LEASH, they get veTokens, eg veSHIB, veTREAT, veBONE, and veLEASH. These veTokens then allow takers to vote on things such as funding, decisions, etc. Additionally, the longer a user has their tokens staked, the more power their vote commands. Another advantage of the Bury 2.0 platform for the Shiba Inu community is allow them to access decentralized finance (DeFi) features such as yield farming, liquidity pools, and more. In this case, the staked tokens are actually being put to work instead of sitting ideal. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? The third reason given is that the rewards to stakers in Bury 2.0 continues to evolve. This means that the rewards for staking are not just fixed. So the longer that tokens are staked, chances of rewards such as airdrops, giveaways, and loyalty bonuses are increased. Lastly, staking in Bury 2.0 allows for localized control for the stakers. Lucie explains that each state can launch its own custom veTokens. As such, they can help with decisions and receive rewards for their own state, while being able to create their own rules and priorities. “Bury 2.0 turns passive holders into active Shibizens,” Lucie explained. “It encourages long-term commitment, real participation, and builds a community that’s stronger, smarter, and more involved.” Featured image from Dall.E, chart from TradingView.com
Shiba Inu (SHIB) might have its price increase more than fivefold from where it is now, based on recent market analysis. The meme coin trades at $0.0000125, down 3% from its daily high and 9% within the last seven days. In spite of these latest plunges, an analyst is optimistic about SHIB’s prospects. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off Price Target Suggests Whopping Gains Ahead Technical analyst Javon Marks reaffirms his earlier projection that Shiba Inu will most probably reach $0.000081 during the current cycle in the market. This goal is up 500% from the current price. Marks mentions SHIB’s bull run to $0.000033 in December 2024. Then, the price drops back to $0.000010, which according to the analyst, is “expected” and part of a healthy correction process. The token settled above $0.00002 as of the close in 2024, something Marks considers as validation of his technical perspective. Present price levels at $0.00001290 now are what he terms a base for the anticipated higher move. We maintain our $0.000081 breakout target for $SHIB (Shiba Inu), projecting a nearly +500% uphill run to reach it… https://t.co/8OdILFYB5q pic.twitter.com/jTxSAGqiWA — JAVON⚡️MARKS (@JavonTM1) May 3, 2025 Technical Indications Suggest Hidden Bullish Divergence As per market reports, the chart of SHIB shows a trend called hidden bullish divergence. This occurs when prices create higher lows but technical indicators such as RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence) give lower lows. Marks infers this pattern is indicative of increasing buying pressure hidden beneath, contrary to apparent weakness in near-term momentum measures. The token remains above such key levels of support while also establishing higher price lows, adding to its technical strength. Buyers and sellers wait for a break from the sideways pattern of recent trading, something that may force prices upward when volume increases. Related Reading: BNB Bulls Target $644 As Classic Chart Formation Emerges Long-Term Holders Keep Growing Meanwhile, latest data indicates growth in SHIB investors with over one year holding the same. The segment has consistently increased since mid-2022 and continued to grow through early 2025. Long-term holders grew during both price appreciation and depreciation, indicating steady accumulation during any market condition. An expanded foundation of long-term holders normally tames selling pressures, assisting with price support as well as other important support areas. The size of short-term traders (lesser than a month’s holders) declined by 35%. Holders with intermediate terms have risen by 3%. This change demonstrates deceleration towards short investment programs. Featured image from Unsplash, chart from TradingView
Institutional investors accumulate despite volatility, with 109 new SHIB millionaire wallets emerging in April.
Shiba Inu (SHIB) hit a high of $0.00001511 on April 26, 2025, its highest value this month in what experts refer to as a see-saw run. The meme coin failed to break a significant resistance level that contains a huge chunk of all SHIB coins in circulation, as per market information. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed Analysts Point To Possible 100% Price Jump Analysts indicate that Shiba Inu may double in price if it can break through the lower resistance level close to its monthly high. Shattering the higher resistance at $0.000018 would equate to breaking what traders refer to as a 540 trillion SHIB sell wall – a pool of coins distributed over 152,700 wallet addresses. ???? #SHIB READY FOR A BREAKOUT! ???? CHART SHOWS A POTENTIAL TREND REVERSAL WITH A STRONG UPSIDE MOVE COMING. ???? WATCH FOR A BREAK ABOVE RESISTANCE TO CONFIRM BULLISH MOMENTUM! ???? pic.twitter.com/LwHOBPfwh6 — Market Spotter (@MarketSpotter) April 29, 2025 Market Spotter indicates that regaining the $0.000014 price level may decide SHIB’s direction for months to come. Almost 40% of those who own the dog-themed cryptocurrency are in profit at present. A breakout above $0.000014 would reverse this figure, leaving the majority of SHIB owners in profitable positions for the first time in weeks. Price Stuck In Narrow Trading Range The meme coin now trades within a tight 24-hour price range of $0.0000130 to $0.00001374, according to recent charts from IntoTheBlock. While prices are consolidating, some large investors seem to be adding more. The Chaikin Money Flow (CMF) indicator has once again turned positive, indicating renewed buying by deep-pocketed traders. Although it has risen more than 10% this month, technical indicators are sending mixed signals. The Stochastic Relative Strength Index is between 11 and 9, indicating SHIB may be trading below what experts view as its fair market value. This is even as trading volumes have fallen in recent days. Massive One-Day Token Burn Raises Eyebrows Meanwhile, more than 280 million SHIB tokens were irreversibly taken out of circulation in one day. Based on tracking platform Shibburn, this is a 38,299% rise in the burn rate – an unprecedented increase that surprised many market observers. Source: Shibburn Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development This drastic burn lowers the circulating supply to around 584 trillion tokens. The SHIB community has long advocated for token burning as a means of inducing scarcity, which in theory would drive up the value of existing coins by lowering supply. The recent burn is a stark reversal following weeks of declining token removal rates. This is seen by some as a sign of renewed confidence among “whales,” or large investors, as well as smaller token holders, but others caution that burn rates alone do not necessarily indicate price ascent. Market participants are now closely monitoring if the synergy of technicals, increasing whale appetite, and token burning aggression will be enough for SHIB to break its strong resistance levels. With general market sentiment picking up in cryptocurrencies, the next couple of weeks could be crucial for the direction of the price of the popular meme token. Featured image from Gemini Imagen, chart from TradingView
Despite not being in the spotlight recently like its counterpart Dogecoin, the Shiba Inu price has managed to exceed expectations and close three consecutive green weeks. The meme coin is showing signs of bullish continuation after a long stretch of consolidation, and a resulting breakout from such momentum could be enormous. To put it plainly, its 2024 400% breakout could pale in comparison to what is coming if Shiba Inu manages to complete its breakout. Shiba Inu Green Closes Point To Bullishness A pseudonymous crypto analyst has pointed out some interesting formations in the Shiba Inu price chart, which seem to have gone under the radar. For example, the Shiba Inu price has marked its 3rd consecutive weekly close and continues to flash signs of more price increases. With the most recent break and close in the green, Shiba Inu is now looking to break above its long-term support. Related Reading: XRP Price Ready To Reach $8 As Consolidation Breaks – Here’s The Timeline Currently, the Shiba Inu price is still trading above its August 2024 low before its 400% breakout. This suggests that the meme coin could be on the ground floor of something extraordinary, especially as the majority of its investors sit underwater, according to data from IntoTheBlock. If this bullish momentum is maintained, the crypto analyst sees the meme coin rallying to brand-new all-time highs. The first target is @0.000139, which would be an 894% rally from its current level, as well as 50% higher than its current peak of $0.00008. Another more bullish target is that the Shiba Inu price could reach as high as $0.000220. This is a 1,479% increase in price and 150% higher than the current all-time high. The post read: We will have to wait and see, it is too early but the market is turning green now and will continue to trade green. It can happen that it go higher rather than lower based on the chart. It can happen that rather than overestimating the potential of this pair, we are underestimating it, this too would be good, the more it grows the better it gets. The Other Side For The Shiba Inu Price While the fact that the Shiba Inu price closed three weeks with green candles is commendable, it is possible that this might not end well for the meme coin. Looking back to November-December 2024, which is the last time that SHIB saw three consecutive green weekly closes, what followed was catastrophic. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View The price went on a rapid downtrend with three red weekly closes following the three green weekly closes. The following weeks were not much better as the Shiba Inu price only saw one green weekly close in eight weeks. Therefore, if this were to repeat this time around, then it is possible that the SHIB price could see a downtrend before picking back up. Featured image from Dall.E, chart from TradingView.com
New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says Major Holders Hodl Most Of SHIB Tokens According to blockchain tracking site IntoTheBlock, around 74% of Shiba Inu’s 95 billion circulating tokens are in whale-like large addresses. The concentration is high and puts the token’s ecosystem into the hands of few wealth investors. Concentration among large holders sends contradictory signals to the market: some analysts interpret it as a confidence vote for SHIB’s future, while others see it as a double-edged sword that creates an unstable environment wherein the big players would set off cataclysmic price fluctuations should they wish to liquidate their assets. Weekly Transaction Volume Exceeds $120 Million In the same tracking metrics, there have been large trades covering over $120 million with respect to SHIB within the last week (each trade being above $100,000). This substantial trading volume comes despite minimal price action, with the meme crypto having a current price tag of $0.00001226 and showing less than 1% daily change. The volume of transactions provides a glimpse into institutional and whale-scale activity on the platform, a market analyst disclosed. The ongoing high-value transactions indicate sustained interest among large investors, despite the price staying flat. Retail Traders Confronted With Reassurance And Risk The large holding of SHIB tokens by rich investors is a mixed picture for small investors. On the positive side, the investment from such huge investors could assuage retail investors regarding the token’s stability and long-term worth. But this configuration also creates substantial risk. Any abrupt change of position by these large holders can bring on rapid and steep price action. Market watchers point out that when the ownership is so concentrated, even normal portfolio rebalancing by a handful of large holders can make a huge market disturbance. Crypto Market Watches Whale Behavior For Price Signals Since whale activity usually precedes significant market action, it is closely monitored by the crypto community. With over 70% of the SHIB supply in the hands of moneyed investors and $120 million in recent high transactions, many are keeping tabs for reversals in sentiment from such powerful hands. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? The current context of SHIB truly depicts a classic case of where a few well-to-do investors can significantly impact price action in cryptocurrency markets. In these circumstances, the very high transaction volumes reflect true interest among institutional investors, while the extreme concentration of holdings must certainly remain a foremost consideration in the assessment of any market dynamics concerning SHIB. Featured image from Gemini Imagen, chart from TradingView
The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB. Finder, a US-based information service, released a new quarterly report featuring price predictions for Shiba Inu in 2025. The report is based on a comprehensive survey conducted in January 2025, during which 26 crypto industry specialists shared their insights on Shiba Inu’s potential price by the end of 2025 and its projected performance through 2035. Diverging Opinions On SHIB Price In 2025 According to the panel, Shiba Inu is forecasted to reach an average price of $0.0000399 by year’s end, marking an 84.3% increase from its January starting point of about $0.00002165. For its long-term price projection, the panel predicts that the popular meme coin will see a steady rise in the following years, erasing one zero to reach $0.0001971 by 2030 and $0.0008543 by 2035. Related Reading: Bitcoin Analyst Says Shiba Inu Price Is Not Hitting $1 – Here’s Why Gracy Chen, the Chief Executive Officer (CEO) of Bitget, a crypto exchange, is among the most bullish voices among the panelists for the Shiba Inu price outlook. Chen cites SHIB’s positive technical indicators and recent support/resistance developments as signs of an ongoing bullish trend. She projects that the Shiba Inu price could hit a new target of $0.00006 by year-end. This represents 445.45%. Increase from the meme coin’s current market value of $0.000011. Similarly, Ruadhan O, founder of Seasonal Tokens, sees SHIB closing 2025 at $0.00005, though he warns of Dogecoin’s enduring dominance in the space. He believes that Dogecoin will most likely take the spotlight away from SHIB, making it unlikely for it to reach a new all-time high this year. Notably, not all panelists share the same bullish optimism for Shiba Inu. John Hawkins, a senior lecturer at the University of Canberra, projects that the price of SHIB will crash significantly, losing half of its value in 2025, falling to as low as $0.00001. His bearish prediction stems from the belief that meme coins could experience a similar decline to that of Non-Fungible Tokens (NFTs). Hawks points to broader macro trends like US President Donald Trump’s political influence and Bitcoin’s dominance as key barriers that would limit meme coins’ growth. Shiba Inu And Dogecoin Rivalry Continues Despite the majority of Finder’s panelists having significantly bullish projections for the Shiba Inu price, 79% of them agree that SHIB will never surpass Dogecoin in market capitalization. Sathvik Vishwanath, the CEO of Unocoin, believes SHIB’s substantial circulating supply currently and speculative nature limit its long-term bullish prospects. This is despite its rapidly evolving ecosystem, which includes innovative projects like ShibaSwap and the upcoming TREAT token. Related Reading: Shiba Inu Burn Update: 99.44% Daily Burn Crash Could Spell Trouble For Meme Coin When asked whether now is the right time to buy, sell, or hold SHIB tokens, the panel was divided: 57% recommended holding, 13% advised buying, and 30% suggested selling. In addition, opinions on Shiba Inu’s current valuation were mixed. 48% of the panel believed that SHIB was overpriced, while 44% stated that it was fairly priced. Ronen Cojocaru, the CEO of 8081 Inc., was among the most bullish panelists. He forecasted that SHIB could hit $0.00000743 by year-end, although he acknowledged that Shiba Inu is currently overpriced. Featured image from Pixabay, chart from Tradingview.com
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization. Their findings? A whopping 79% of the total participants believe that Shiba Inu will never flip Dogecoin in the area of market capitalization. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Survey Reports Overwhelming Consensus Against SHIB Flipping DOGE The results point to a distinct stance by the majority of experts. A mere 7% of those polled showed confidence that SHIB would at some point in the future surpass DOGE, and these few stalwarts predicted it could occur as soon as 2026. The other 14% were uncertain about SHIB’s fate. The overwhelming rejection of Shiba Inu’s ability to replace DOGE as the leading meme coin mirrors wider market opinion regarding the two tokens. Supply Issues Present Major Hurdle For Shiba Inu Huge challenges in the SHIB token supply are one potential consideration preventing overtaking Dogecoin, Dr. Sathvik Vishwanath, Unnocoin’s jurisdictional head, disclosed. Consider the circulating supply of SHIB at 589.25 trillion versus just 148.82 billion for DOGE: the supply gap is massive. Vishwanath said that despite Shiba Inu’s excellent tokenomics and solid community support, the massive token supply keeps SHIB from taking over DOGE’s market cap. Huge Disparity In Current Market Position At present, Dogecoin is at the eighth position among cryptos with a market cap of $24.60 billion, while Shiba Inu holds 17th place with a market capitalization of $7.3 billion. SHIB would have to increase its worth by 240% to reach DOGE’s current rank by assuming that Dogecoin’s price remains constant, and both tokens share the same circulating supply. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs Current Whale Activity Suggests Possible Turnaround Contrary to the negative expectations of analysts, new trading statistics show a significant Shiba Inu rise. According to IntoTheBlock, with whales dominating, SHIB daily trade volume rose to 224 billion tokens in 24 hours. Inflows from large-holders increased from 96 billion SHIB on April 13 to over 224 billion on April 14. This rise in interest from major investors could be a sign of changing sentiment as whales will set up before they anticipate a move in prices. This isn’t the first time these cryptocurrencies have seen conflicts regarding superiority. In 2021, Shiba Inu briefly dethroned Dogecoin when its market cap touched $39 billion. Alas, this victory was short-lived as DOGE quickly reclaimed the title of the number one meme coin. Featured image from Pixabay, chart from TradingView
Despite recent market turbulence, Shiba Inu shows signs of technical recovery while Shibarium reaches 1 billion transaction milestone
Shiba Inu’s layer-2 network, Shibarium, has officially crossed one billion total transactions, a significant achievement for the ongoing push to expand beyond meme coin status. Shibarium’s growth stems from steady activity and the adoption of the layer-2 network within the broader Shiba Inu ecosystem. However, this major milestone hasn’t translated into positive momentum for SHIB’s price, which has been under bearish pressure for weeks now alongside the rest of the crypto market. Shibarium Surpasses 1 Billion Transactions With Intensifying Network Activity The launch of Shibarium in August 2023 marked a turning point for the meme cryptocurrency’s ecosystem. The goal of the layer-2 network was to improve the speed and lower the cost of Shiba Inu transactions on the Ethereum blockchain. Since its launch, Shibarium has consistently increased user participation, smart contract deployments, and daily transactions. Related Reading: Shiba Inu’s Shibarium Records Heartbreaking 96% Crash In Transactions, What’s Going On? According to data from Shibariumscan, total transactions have now exceeded the one billion mark, showcasing the sheer amount of activity the network has processed. At the time of writing, Shibarium boasts 1,012,261,457 transactions processed in 10,284,922 blocks and 194,705,571 addresses created. Daily transaction volumes frequently reach the millions, sometimes tens of millions, during periods of high activity in the wider crypto market. Notably, the number of transactions processed on the Shibarium network in the past 24 hours has reached 2.75 million, with an even larger 4.11 million processed in the previous 24-hour timeframe. However, despite the milestone and notable transaction activity, SHIB has failed to make any meaningful price gains. Why Is Shiba Inu Price Still Struggling And Holding Flat Near $0.000012? SHIB’s price performance has been far less encouraging despite Shibarium’s transaction milestone. Since its launch, major milestones tied to the Layer-2 network have often led to increased buying activity. During earlier stages of Shibarium’s rollout, even modest developments were enough to spark rallies or at least short-term price jumps for SHIB. Related Reading: Shiba Inu Burn Update: 99.44% Daily Burn Crash Could Spell Trouble For Meme Coin However, the correlation between Shibarium milestones and SHIB’s price has finally detached, and the hype has finally faded. Shibarium is now only a strong part of the Shiba Inu ecosystem, but its ability to influence the sentiment among crypto investors and price action has diminished. However, outside this detachment, the crypto markets have been generally bearish for a while. The entire crypto landscape has experienced a persistent pullback since early March, with many large-market-cap cryptocurrencies struggling to find upward momentum. Bitcoin and other major cryptocurrencies have been on a pullback, which was recently made worse by Donald Trump’s tariffs announcement. Over the past seven days, SHIB has been locked around the $0.000012 level and is currently down by 9.4%. The absence of strong buying interest has kept SHIB’s price trapped within this tight downfall, and there is even a risk of it falling below $0.000012 anytime soon. At the time of writing, Shiba Inu is trading at $0.00001210, down by 1.2% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Shiba Inu Milestone: 1 Billion Transactions Reports disclosed that in less than two years, Layer-2 blockchain Shibarium has already made a mark in the crypto space after the token has processed its 1 billionth transaction. Meme coin Shiba Inu only introduced Shibarium in August 2023 and four months before celebrating its second anniversary, its transaction volume has surpassed the 1 billion mark. Analysts said that Shibarium achieved the incredible feat of 1 billion transactions yesterday, March 31, noting that the Layer-2 blockchain was able to reach that level after recording four million transactions daily. As of writing, Shiba Inu’s blockchain has reached the record level with a current transaction volume of over 1.001 billion. Market observers believed that Shibarium’s achievement suggested that the blockchain can handle high transaction volumes, which they attributed to the token’s robustness and the active participation of the blockchain community. Faster Than Bitcoin Crypto analysts said that other blockchains like Bitcoin and Ethereum have already processed more than a billion transactions. However, they noted that what makes Shibarium’s achievement stand out is the speed at which it reached that remarkable feat. Market observers compared Shibarium with other established blockchains that attained the same mark. They explained that Shibarium’s journey to attain 1 billion transactions is unique because the Layer-2 blockchain achieved it faster than the other blockchains. For example, Bitcoin needed 15 years to reach 1 billion transactions, while Shibarium did it in less than two years. Over 193 Milion Addresses Aside from the milestone in transactions, the popular L2 blockchain also has more than 193.93 million blockchain addresses that have interacted with Shibarium since it was introduced in 2023. According to Shibariumscan, Shiba Inu’s blockchain network boasted a total of 10.23 million mined blocks, with an average block time of 5.0 seconds. Related Reading: Pepe Whale Triggers Panic, Dumps 150 Billion Tokens As Price Falls The Layer-2 blockchain was launched on August 16, 2023, after posting its first transaction. Early in its operation, the Shibarium faced technical issues that put it offline for two weeks after it was launched. It went online again in late August 2023 and has been operational ever since. Featured image from Gemini Imagen, chart from TradingView
There’s an unexpected trend in the world of cryptocurrencies. According to the latest data from IntoTheBlock, the meme-based crypto Shiba Inu has shown a solid resilience in investor loyalty. Related Reading: Ethereum Rally Incoming? Analyst Predicts Breakout Beyond $2,100 Unforeseen Holder Statistics Disclosed Market research shows Shiba Inu has 76% of its holders keeping their tokens for over a year. So—almost three-quarters of SHIB token folks don’t sell quickly. Interesting, right? This is higher than Bitcoin and Ethereum, which have 73% and 74%, respectively, long-term holders. Long-term holders keep their tokens for over a year. When the percentage of these holders is higher, it shows investors believe in the asset and think it’s got potential. This chart shows the amount of long-term holders across various assets???? Which one stands out to you? pic.twitter.com/hRXeTxdVm5 — IntoTheBlock (@intotheblock) March 21, 2025 Breakdown Of Numbers Shiba Inu stands out. Some 76% of accounts have held tokens for more than 12 months. Then, 22% held between one and 12 months. Only 2% are new and have held tokens for less than a month. More people are holding onto their tokens even when there’s lots of optimism around. And, well, that means they think the asset’s worth it in the long run. Think of it like this: if most people hold on, it’s a good sign. They don’t sell quick—they wait… and that says a lot. So, more long-term holders, more confidence in the asset. Bitcoin’s story is a bit different. It has 74% long-term holders with 22% held for one to 12 months. Perhaps most importantly, Bitcoin displays a greater percentage of new investors, with 5% owning tokens for less than a month – over twice Shiba Inu’s number. Time Tells A Deeper Story What is more impressive with this data is the average holding period. Even though Shiba Inu was launched five years later than Bitcoin, it shows an impressive 2.6-year average token holding period. This is compared to Ethereum at 2.4 years and 4.4 years for Bitcoin. Related Reading: Shiba Inu ETF Proposal—Could This Be SHIB’s Breakout Moment? According to crypto experts, these numbers show more people have faith in Shiba Inu now. The memecoin is surprising everyone with how strong it is. Sure, Bitcoin is the oldest and best-known cryptocurrency, but Shiba Inu’s loyal investors suggest a bright future. Info from IntoTheBlock gives a peek at what investors are doing and how Shiba Inu stands out in a fast-moving market. As market analysts say putting money into cryptocurrencies is still very risky – if you’re thinking about it – you must do your homework thoroughly. Know the risks. Featured image from Gemini Imagen, chart from TradingView
Meme coiny konečne ožívajú. Na čele stojí populárny coin PEPE a hneď za ním celá rada obľúbených coinov. Neistotu, ktorá vládla na trhu už od januára vystriedal optimizmus. Pepe coin vzrástol o viac ako 20 % a predikcie signalizujú pokračovanie tohto trendu. Držitelia Pepe teraz naviac sústreďujú časť svojich prostriedkov do novej AI verzie Pepe the Mind (MIND). Ak táto kryptomena s vlastným AI agentom bude pokračovať rovnako úspešne, ako počas predpredaja, mohla by dokonca prekonať úspechy samotného PEPE. Preskúmať projekt Mind of Pepe Meme coiny idú hore: Trh si polepšil o 9 miliárd dolárov Prvá polovica marca bola pre trh s meme coinmi doslova bezútešná. Po medveďom trhu, ktorý trval od januára, stratili meme coiny počas prvých dvoch marcových týždňov 33 %. Kým ešte 3 marca bola táto hodnota na 65,36 miliardách dolárov, už o dva týždne trh registroval len 43,31 miliárd $. Avšak tu sa tento pokles konečne zastavil a ceny meme coinov ožívajú. Dôvodov je niekoľko. Za zmienku stojí zmiernenie colnej politiky USA voči svojim obchodným partnerom a rozhodnutie Federálneho rezervného systému (Fed) nezvyšovať úrokové sadzby. Fed plánuje do konca roka pristúpiť k ich znižovaniu. To je dobrá správa pre investorov, ktorí zvažujú doplniť svoje portfólio o rizikovejšie aktíva s vyššou mierou výnosnosti. Pri bližšom pohľade na údaje z CoinMarketCap si najlepšie vedie práve coin PEPE. Cena PEPE stúpla za posledných 7 dní o 20,1 %, DOGE o 19,2 % a na treťom mieste je coin SHIB s nárastom o 18,9 %. Zdroj: coinmarketcap.com Držitelia PEPE môžu očakávať ďalší rast PEPE sa aktuálne obchoduje okolo 0,0000089 $ a analýza trhu naznačuje, že by mohol pokračovať v ďalšom raste. Podľa údajov IntoTheBlock sa priemerný čas držania obchodovaných coinov PEPE za posledné dva týždne zvýšil a dosiahol objem 2,67 bilióna. Ak bude tento trend pokračovať, PEPE si môže udržať svoje zisky z posledných 14 dní. Zdroj: cnn.com Súčasne hodnota Relative Strength Index (RSI) prekonala neutrálnu hranicu, čo signalizuje pokračujúcu býčiu dynamiku. Odborníci odhadujú, že PEPE by sa mohol vyšplhať až na 0,000016. To však za predpokladu, že sa mu podarí prelomiť rezistenciu na úrovni 0,000010 $. Zdá sa však, že najvýraznejšie zhodnotenia má už PEPE za sebou. Investori teraz siahajú po novej AI verzii Pepe. Poďme sa pozrieť bližšie na AI coin Mind of Pepe (MIND) a dôvody, prečo do neho investori vložili už viac, ako 7,6 milióna dolárov. Samotná kryptopeňaženka Best Wallet zaradila nový coin MIND medzi top predpredaje pre tento rok. Nastupuje doba AI coinov: Investori siahajú po Mind of Pepe s autonómnym AI agentom Rok 2025 sa nesie v duchu technických inovácií, globálneho ekonomického napätia a hlbokej integrácie umelej inteligencie (AI). Využívanie AI nástrojov je nepopierateľne na vzostupe aj vo svete blockchainových technológií, čo zvyšuje záujem o AI kryptomeny. Kým ešte v roku 2023 predstavoval celkový objem trhovej kapitalizácie len 4,9 miliardy dolárov, dnes majú AI coiny hodnotu 30 miliárd dolárov. Aj toto je jeden z dôvodov prečo je o nový coin Mind of Pepe (MIND) výrazný záujem. Tento kryptomenový projekt využíva najmodernejší model AI na analýzu trhu a interakciu s komunitou. Držitelia tokenu MIND budú mať prístup k autonómnemu AI agentovi schopnému analyzovať kryptomenový trh v reálnom čase a poskytovať členom ekosystému tipy k úspešnému obchodovaniu. Pokročilý AI agent sa bude zapájať do diskusií na relevantných platformách, identifikovať trendy a poskytovať aktuálne informácie o trhovom sentimente. Zdroj: mindofpepe.com O token MIND je záujem nie len zo strany nadšencov tematiky Pepe the Frog, ale vďaka novej funkcionalite tiež aj zo strany investorov, ktorí sa chcú zorientovať v komplexnom svete kryptomien. Interakcia s AI agentom im umožní optimalizovať obchodnú stratégiu a získať výhodu na tomto neustále sa meniacom trhu. V predpredaji sa vyzbieralo už viac ako 7,6 miliónov dolárov. Obzvlášť silný záujem je tiež o pasívny príjem, ktorý ekosystém Mind of Pepe umožňuje. Po kúpe tokenov MIND ich totiž môžete uzamknúť na dlhšie časové obdobie s ročnými odmenami za staking vo výške až 295 %. Token MIND si môžete kúpiť za aktuálnu predpredajnú cenu 0,0035946 $ priamo na domovskej stránke projektu, alebo v aplikácii Best Wallet. Prejsť na projekt Mind of Pepe
A Shiba Inu marketing executive has sparked talk about a possible ETF for the popular meme cryptocurrency. Her recent statements come as the token saw its burn rate jump by more than 8,000% in a single day, according to market watchers. Related Reading: Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price? SHIB Exec Points To Exchange Presence As ETF Factor Lucie, who serves as a marketing lead for Shiba Inu, posted on X that SHIB has the right qualities to become an ETF. She highlighted that the cryptocurrency is currently available on over 110 exchanges with 212 trading pairs. This wide availability, she says, makes SHIB a strong candidate for an exchange-traded fund. “Because SHIB isn’t just a meme—it’s decentralized, community-driven, and built to last,” Lucie wrote in her post. Her comments have gained attention as investors look for signs that meme coins might follow the path of Bitcoin and Ethereum in securing ETF approval. SHIB is listed on over 110 exchanges with 212 trading pairs—including all the major platforms. It’s basically everywhere: easy to access, easy to trade. Is SHIB good for an ETF? YES. Will boomers invest in a “doggy coin”? Also yes. Because SHIB isn’t just a meme—it’s… — ???????????????????? (@LucieSHIB) March 23, 2025 Recent Crypto ETF Filings Fuel Speculation The conversation around a possible Shiba Inu ETF follows several developments in the cryptocurrency ETF space. According to reports, Canary Capital recently filed an S-1 form with the US Securities and Exchange Commission seeking approval for a SUI ETF. The SEC has also acknowledged Grayscale’s filing for a Dogecoin ETF, which has increased talk about similar opportunities for other meme coins. Some market watchers have suggested that BlackRock might file for a Dogecoin ETF, though this remains unconfirmed. These developments have created an atmosphere where investors are considering which cryptocurrencies might next receive ETF treatment. Massive Jump In Burn Rate Catches Investor Attention As ETF discussions picked up steam, SHIB saw its burn rate increase by 8,457% on Monday. Based on data from tracking sites, more than 1 billion SHIB tokens were permanently removed from circulation in a 24-hour period. The burn mechanism works by sending tokens to a specific address where they can never be retrieved, effectively reducing the total supply. After this large burn, the circulating supply stands at 584.35 trillion coins. Cryptocurrency markets often react positively to supply reductions, following basic supply and demand principles that suggest fewer available tokens might lead to price increases. Price Movement Remains Modest Despite Market Optimism Despite the excitement around potential ETF developments and the dramatic burn rate increase, SHIB’s price movement has been relatively small. The meme coin saw just a 1% price increase, reaching $0.00001303 at the time of writing. The price ranged from $0.0000128 to $0.00001309 over the previous 24 hours, showing limited volatility despite the news. Related Reading: Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH Meanwhile, market data from Coinglass shows growing interest in SHIB derivatives. The open interest in Shiba Inu futures increased by 3.5% to $120 million, while trading volume jumped 20% to $70 million. These indicators suggest one thing: traders are now paying close attention to the meme coin — even if the price hasn’t yet reflected the optimism expressed by community figures and some investors. While a Shiba Inu ETF would provide some boost to the appeal of Shiba Inu, regulatory approval remains up in the air. The SEC has only recently approved Bitcoin and Ethereum ETFs after years of applications, suggesting that meme coins may face a long road to similar recognition. Featured image from Gemini Imagen, chart from TradingView
The ecosystem of a popular meme coin has attained two major milestones, showing the continued interest in the token that could lead to a bullish scenario. Analysts reported that Shiba Inu recently reached 1.5 million holders while its Shibarium recorded 10 million blocks, an indicator that the SHIB ecosystem could attract new users. Related Reading: XRP Puzzle: London Fund Manager Breaks Down Why Price Isn’t Rising 1.5 Million SHIB Holders Crypto analysts revealed Shiba Inu successfully achieved a major milestone, offering a bright spot for the broader cryptocurrency market which has faced some challenges recently. The project’s marketing lead, LUCIE noted that the meme coin hit 1.5 million holders on March 18, reaching such a milestone is an important achievement for any crypto. As of writing, about 843 new holders have joined the Shiba Inu ecosystem, indicating that the token remained attractive to traders. SHIB has reached 1.5 million on-chain holders! ???? pic.twitter.com/sKaAO57R6I — ???????????????????? (@LucieSHIB) March 18, 2025 Analysts believe that Shiba Inu’s milestone suggests continued interest in the meme coin, fueling the token’s significant growth. It also showed a bullish outlook on the meme coin. Market observers said that the milestone might signify the unwavering belief of its community in the token. 10 Million Blocks For Shibarium Meanwhile, Shiba Inu’s Ethereum Layer 2 network, Shibarium also recorded a win after surpassing 10 million blocks with an estimated 10,010,974 blocks as of press time. Crypto analysts said that this achievement is proof of the network’s longevity and reliability, adding that it could entice more new users. Market observers noted that the network has experienced exponential growth in total addresses in the last few weeks as it now tallies almost 175 million. Shibarium’s growth is crucial in burning SHIB tokens and a major price control mechanism. Many investors are optimistic that diminishing supply and solid demand might send the token to surge. Shibarium played an essential role in burning around 713 million SHIB. Unmoved By The Crypto Downturn Many analysts say that milestones achieved by Shiba Inu and Shibarium offer a great deal of hope to investors, considering the ongoing downtrend in the cryptocurrency market. For instance, Shiba Inu tanked by about 68% in the last four months, dipping from a high of $0.00003343 in December 2024 to a low of $0.00001082 in March 2025. On the other hand, some analysts raised their concern about Shiba Inu underperforming the competition, noting that the token only increased by 98% following the US presidential election, while the Dogecoin skyrocketed by 200%. Related Reading: XRP Vs. ETH: Bold Prediction Claims ‘Dying’ Ethereum’s Reign Is Ending Currently, Shiba Inu is traded at $0.00001288 per token, down by 0.2% in the past 24 hours with a total market cap of over $7.5 billion. Featured image from Getty Images, chart from TradingView
Shiba Inu is gaining momentum as its price breaks above the critical 100-day moving average, a sign that bullish sentiment may be strengthening. This breakout marks an important shift in SHIB’s market structure. Historically, moving averages serve as dynamic support and resistance levels, and reclaiming the 100-day SMA often signals renewed upward potential. If SHIB can sustain this breakout, it could pave the way for further gains, attracting more bullish interest and potentially triggering a rally toward higher resistance levels. However, traders remain cautious, as maintaining this momentum is key to confirming a trend reversal. Any failure to hold above the moving average may invite renewed selling pressure, leading to a possible retest of support zones. Market Sentiment Shifts: Are Shiba Inu Buyers Gaining Control? Shiba Inu’s recent price movement above the 100-day moving average suggests a potential shift in market sentiment, with buyers showing renewed interest. Increased trading volume and a steady uptrend indicate that an upside trajectory could be building, challenging the previous dominance of sellers. Related Reading: Shiba Inu Price Eyes 250% Surge Amid Falling Wedge Breakout SHIB’s price trading above the 100-day SMA signals growing bullish momentum, turning this level into key support. Additionally, the MACD and signal line trending above the zero line reinforce positive sentiment, suggesting buyers are gaining control. If momentum holds, SHIB might sustain its upward move, but overcoming resistance remains crucial. However, for buyers to fully take control, SHIB must sustain its gains to confirm a stronger uptrend. If the momentum continues, confidence in the market is likely to rise, attracting more investors and fueling further upside. A decisive breakout above this level, supported by rising trading volume, could strongly confirm bullish strength. Such a move may trigger increased buying pressure, paving the way for an extended rally toward the immediate resistance level at $0.00001703. Additionally, breaking past this resistance could invalidate bearish expectations and set the stage for a potential test of higher resistance zones such as $0.00002045 and $0.00002631. Support Zones To Watch In Case Of A Pullback Should Shiba Inu face a pullback, key support zones will play a crucial role in determining whether the bullish trend can hold or if bears will take control. The first level to watch is the 100-day SMA, which has now turned into support. SHIB’s maintenance above this level signals strength and renewed buying interest. Related Reading: Shiba Inu 260% Rally: Analyst Sees Classic Bullish Patterns Emerging However, when selling pressure increases, the next critical support zone lies around $0.00001272, where buyers might attempt to stabilize the price and prevent further downside. A break below this level will bring the price toward $0.00000847 or even lower. Holding above these support zones is essential for SHIB to sustain its bullish outlook and avoid a deeper correction. Featured image from Adobe Stock, chart from Tradingview.com
Shiba Inu’s price action in the past 24 hours has been characterized by a brief recovery after hitting a low of $0.00001237. This 24-hour price recovery is part of a 15% recovery after Shiba Inu reached a low of $0.00001102 on March 11, which is its lowest point in over a year. In spite of the modest increase in price, a slowdown in a key Shiba Inu metric might threaten this price recovery that’s just beginning. This threat is revealed in the Shiba Inu burn rate, which has taken a massive 99.44% nosedive in the past 24 hours. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? Shiba Inu Burn Rate Plummets 99% In A Day Shiba Inu’s burn mechanism has long been considered a vital factor in its tokenomics, reducing the supply to create scarcity and, in turn, drive up value. However, in the last 24 hours, on-chain data shows that SHIB’s burn rate has dropped by an alarming 99.44%, which is a sharp change to the relatively high burn numbers recorded in previous days. According to data from the Shiba Inu burn tracker Shibburn, a total of 2,811,819 SHIB tokens have been sent to burn addresses in the past 24 hours. Although this might look like a lot of tokens at first glance, it actually falls short of the volume required to make an impact in the current market conditions. It also marks a 99.44% decline from the over 500 million SHIB tokens burned in the previous 24-hour timeframe. Shiba Inu Burn Crash Could Spell Trouble With Weak Market Sentiment The burn rate’s volatility has often coincided with fluctuations in trading volume and overall market sentiment, and this latest crash raises doubts about whether investors are still committed to the long-term burn initiative. The idea behind the Shiba Inu burn process, where SHIB tokens are sent to any of three dead wallets, is that the available supply diminishes by continuously removing SHIB tokens from circulation. This, in turn, makes the remaining tokens more valuable and helps prevent further price declines during market crashes. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? At the time of writing, Shiba Inu is trading at $0.00001285, up by about 3% in the past 24 hours. A resurgence in the burn rate would be an important factor for Shiba Inu to maintain its recent gains and push for further recovery. A consistent and substantial burn rate would contribute to the notion that Shiba Inu has already established a local bottom at $0.00001102 and pave the way for a stronger uptrend. On the other hand, if the burn rate continues to decline over the next 24 hours, it could weaken this recovery effort and increase the likelihood of a retracement back toward its March 11 low. Featured image from Gemini Imagen, chart from TradingView
Shiba Inu is at a make-or-break moment as it struggles to recover from a recent support breakdown. The price drop has shaken bullish sentiment, raising concerns about further losses if buyers fail to regain control. Now, SHIB eyes a potential comeback, aiming to reclaim the $0.00001272 level, which has turned into a key resistance zone. Buying momentum must increase for a rebound to gain traction, pushing SHIB above this crucial barrier. However, if bearish pressure persists, the price could face another downward move, leading to deeper losses. SHIB Loses Crucial Support Shiba Inu recently faced a significant setback as its price broke below the critical support level of $0.00001272. This level had previously acted as a strong floor, providing stability during market volatility. However, increasing selling pressure and bearish market sentiment pushed SHIB below this key threshold, signaling a potential shift in momentum. Related Reading: Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For Following the breakdown below the $0.00001272 support level, SHIB is attempting to retest this crucial zone. For SHIB, reclaiming this level might signal a reversal, restoring confidence among investors. Nonetheless, failure to break back above $0.00001272 may reinforce bearish momentum, leading to further declines. Despite the ongoing retest attempt, technical indicators reveal weak bullish momentum, raising concerns about SHIB’s ability to recover. The MACD line and the signal line remain below average. Additionally, SHIB continues to trade below the 100-day SMA, reinforcing seller dominance. However, if the bulls manage to push SHIB’s price above the $0.00001272 resistance level and reclaim the 100-day Simple Moving Average (SMA), it could signal a trend reversal. A successful breakout above these key levels may attract renewed buying interest, strengthening upside movements to challenge higher resistance levels such as $0.00001703 and $0.00002045. Downtrend Concerns: Will Shiba Inu Face More Losses? Shiba Inu remains under bearish pressure, sparking doubts about this current bullish recovery. With SHIB trading below key resistance levels and the MACD signaling weakness, sellers currently have the upper hand. Failure to break above the $0.00001272 resistance zone could accelerate losses, pushing SHIB toward lower price levels. Related Reading: Shiba Inu Targets Fresh Highs As SHIB Undergo A Rebound At $0.00002045 If this scenario unfolds, SHIB is likely to test the $0.00000847 support level. Breaking below this key zone may trigger an extended sell-off, potentially pushing the price toward the $0.00000534 support area. Such a drop could indicate growing bearish dominance, shaking investor confidence, and leading to increased selling pressure. For SHIB to avoid deeper losses, buyers must step in at these crucial levels and prevent the meme coin from entering a prolonged downtrend phase. Featured image from Adobe Stock, chart from Tradingview.com