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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

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

Shiba Inu (SHIB) is experiencing renewed interest after fresh data revealed a massive 300% spike in on-chain activity. The meme coin recorded one of its most significant surges in transaction volume in months, indicating a possible sign of the market bottoming as large holders seemingly prepare for the next leg.  Shiba Inu Sees Explosive On-Chain Growth Shiba Inu’s on-chain activity has erupted in recent days, with token transfer volumes recording a major increase. According to Etherscan’s data, on August 25, SHIB’s transfer volume surged over 4.25 trillion tokens, representing a 300% increase from the 1.13 trillion recorded the previous day. This sudden rise highlights renewed liquidity flows and investor participation, possibly signaling that Shiba Inu may be gearing up for a market bottom.  Related Reading: Shiba Inu 699,000% Imbalance: What Happened To Trigger It? Interestingly, despite the dramatic surge in volume, transaction counts did not follow the same upward trend. Data shows that while August 24 saw 5,478 transfers, the number slightly declined to 5,355 on August 25, marking a drop of 123 transactions. This disparity suggests that the spike in Shiba Inu’s on-chain volume was not driven by a higher number of transfers, but rather by larger transaction sizes, indicating renewed whale activity or significant reallocations within the ecosystem.  As of August 27, SHIB’s transfer volume slightly cooled to 3.26 trillion tokens, with transaction counts dropping significantly to 4,811. Despite this reduction, the metric still reflects a strong level of on-chain engagement compared to prior weeks. With the Shiba Inu price currently consolidating around the $0.000012 range, the recent surge in transfer volume may suggest that the market is finding its floor before the next expansion phase.  Analyst Says SHIB’s Consolidation May Be Ending A new chart analysis by crypto market expert Kamran Asghar has added a fresh layer of optimism for Shiba Inu holders. Sharing his insights on X social media, Asghar hinted at the possibility that SHIB’s long-term consolidation may be coming to an end. Related Reading: Shiba Inu Head And Shoulders Pattern Signals 540% Upshoot To New All-Time Highs The analyst noted that Shiba Inu’s accumulation pattern is strikingly similar to those of previous consolidation phases that preceded massive price rallies. The accompanying chart shows three distinct accumulation zones in the meme coin’s history. The first occurred before its 1,154.2% rally in late 2021, while the second phase led to a 501.23% surge in early 2024.  Now, Shiba Inu is trading within an extended accumulation zone again, and Asghar suggests this could be the setup for another explosive move. If the current pattern holds, the analyst predicts that the next breakout could see the meme coin’s price skyrocket toward $0.00009, marking a new all-time high. As of writing, Shibua Inu is trading at $0.0000126, meaning a rally to this projected target would represent a significant increase of approximately 614%. Featured image from Getty Images, chart from Tradingview.com

Shiba Inu’s layer-2 network, Shibarium, has suffered a significant decline in its daily transaction metric, providing a bearish outlook for the top meme coin. This comes as the SHIB price looks to stage a rebound alongside the broader crypto market.   Shiba Inu’s Shibarium Suffers Crash In Daily Transactions Shibariumscan data shows that daily transactions on Shiba Inu’s layer-2 network crashed from just over 4 million on August 23 to 1.09 million on August 24. The crash further extended on August 25 as the network recorded 624,140 transactions on the day, which represented a 2-month low for the layer-2 network.  Related Reading: Shiba Inu Exchange Supply Drops Toward New Lows, What This Means For Price Meanwhile, Shiba Inu’s Shibarium recorded 1.76 million transactions on August 26, which is still significantly below the average of 4 million daily transactions it has maintained for some time. This development is typically bearish for the SHIB price, as a decrease in the network’s daily transactions leads to fewer token burns.  The Shiba Inu team deploys some of the fees earned on Shibarium for SHIB burns, which helps reduce the token’s circulating supply and could serve as a catalyst for higher prices as demand increases. Notably, Shibburn data shows that the burn rate is down over 87% in the last seven days, with 8.8 million tokens burned during this period.  However, a positive is that the Shiba Inu burns increased over 500% in the last 24 hours, with 1 million tokens burned during this period. This trend might not be sustainable if the daily transactions on Shibarium continue to drop. Meanwhile, other major metrics on the layer-2 network are also on a downtrend at the moment. This includes the number of active and new accounts, which highlight the network’s growth over a period of time.  Bullish Case For The SHIB Price Amid the drop in these Shiba Inu’s Shibarium metrics, crypto analyst Javon Marks has made a bullish case for the SHIB price. In an X post, he stated that the structure of SHIB’s Inverse Head and Shoulders pattern remains intact and is currently in the final shoulder area of it. Based on this, he declared that the meme coin might be on the brink of a substantial surge.  Related Reading: Shiba Inu Head And Shoulders Pattern Signals 540% Upshoot To New All-Time Highs If the breakout occurs, Marks claimed that the target is over 540% away at $0.000081, which could pave the way into new all-time highs (ATHs) for Shiba Inu. The SHIB price’s current ATH is $0.00008845, which it reached in October 2021. Meanwhile, fundamentals like the Shib Alpha Layer may help contribute to any potential surge in the SHIB price.  At the time of writing, the Shiba Inu price is trading at around $0.00001253, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Shiba Inu has been showing signs of preparing for a significant price move, and technical analysis is pointing to a bullish breakout on the macro timeframe. Although Shiba Inu is down by 2.8% in the past 24 hours, a chart pattern that has been forming over the past several months suggests that the token could be on the brink of a powerful rally.  According to crypto analyst Javon Marks, the structure of SHIB’s price action is displaying an inverse head and shoulders pattern, which shows the possibility of a massive 540% price surge. Inverse Head And Shoulders Signals Explosive Move The analysis, which was shared on the social media platform X, shows how Shiba Inu has been shaping an inverse head and shoulders structure on the 5-day candlestick chart. Marks noted that the token is still in the “final shoulder areas” of the formation, meaning it has yet to fully confirm the breakout.  Related Reading: Bybit Exchange Unveils Massive Shiba Inu Balances In The Trillions As Price Tanks Basically, this means that Shiba Inu is currently in the process of forming the right shoulder before confirming the breakout. The pattern has been forming for more than two years, as it goes as far back as the second half of 2022, where the troughs of the left shoulder formed between July and December 2022. The head of the pattern, which represents the deepest pullback in the structure, took form between September and November 2023 during the bear market low. Since that point, the chart has been unfolding into the right shoulder. If the pattern plays out as predicted, Shiba Inu could be ready for a run that stretches far beyond its current price range. This inverse head and shoulders bullish setup is one of the most recognized reversal patterns in technical analysis, as it often indicates the end of a prolonged downtrend and the beginning of a major rally. Price Target Points To 540% Upshoot Based on the inverse head and shoulders structure above, Javon Marks predicted a price target at $0.000081, which represents a 540% move from the current price of Shiba Inu. However, this is keeping in mind that the breakout has yet to occur, and the analyst’s prediction did not come with a timeline for this breakout. As such, this breakout move would require volume and possibly a bounce from a strong support level to validate the bullish pattern. Related Reading: Shiba Inu Exchange Supply Drops Toward New Lows, What This Means For Price If Shiba Inu were to surge to $0.000081 as predicted, this price range would place the token trading close to its all-time high of $0.00008616, which has stood for almost four years. Interestingly, Marks noted that this move might not end at $0.000081, and it could result in new all-time highs.  At the time of writing, however, SHIB remains far below that projected target, trading at $0.00001263. This reflects a 6.2% decline from its 24-hour high of $0.00001347. Featured image from Getty Images, chart from Tradingview.com

The crypto market moved quickly after Jerome Powell hinted that interest rate cuts may finally come. Many assets moved immediately, and the Shiba Inu price was among the top gainers. According to this post on X, more than just a price chart, this moment reminded many that SHIB’s strength lies in market timing and its loyal community support. Powell’s Hint Sparks Instant Shiba Inu Price Momentum When Powell suggested that long-awaited rate cuts may soon be possible, the market responded quickly. Investors waiting for a clear signal rushed to position themselves, and SHIB wasted no time showing its power. The coin’s price surged with a 12% green candle in a quick move that shows how possible rate cut hints from policymakers can send crypto prices soaring fast. Related Reading: Analyst Predicts What Will Happen When XRP Price Hits $4, $10, $100, And $1,000 It was not just a random jump in price but a reminder of how closely tied SHIB is to larger economic shifts. When the Federal Reserve shows signs of easing, money tends to flow into risk assets, and SHIB has proven it can move with conviction. The sharp rise showed that the price can move much more quickly when the proper signals appear and that the meme coin is more active and responsive than many expected. The move suggests global signals could directly influence the Shiba Inu price. In this case, just a few words from Jerome Powell were enough to spark a strong reaction as his comments spread across markets and caught the eye of traders everywhere. It shows that when there are hints of a possible US interest rate cut, SHIB reacts quickly and moves in to align with the market trend. The ShibArmy Behind Shiba Inu’s Price Strength The X post states that price action can be exciting, but its community truly makes SHIB stand out. While price swings often draw attention, Shiba Inu’s true strength lies in its community. The ShibArmy has shown steady support even during uncertain times, and this loyalty helps SHIB stay strong and resilient in the crypto market. Instead of waiting for the world to tell them when to move, the ShibArmy stays active and prepared. Related Reading: Trump’s Pro-Crypto PAC Gets $21 Million Bitcoin Donation From Billionaire Founders This strength is not new. From the beginning, Ryoshi’s vision for Shiba Inu was more than charts and numbers; it was about creating a project and a community that could endure and be ready when the world finally noticed. The latest reaction to Powell’s hint reflects that same vision, with holders not simply chasing prices but being committed to the bigger picture. The ShibArmy understands that charts can rise and fall, but true resilience comes from staying together and believing in the long-term story. Powell’s possible rate cuts may have lit the spark for the latest surge, but the community’s loyalty keeps the fire burning. As others wait on the sidelines for more signals, SHIB’s supporters repeatedly prove they are always ready for what comes next. Featured image from Dall.E, chart from TradingView.com

In a video published earlier this week titled “SHIBA INU — HOW HIGH WILL PRICE BE IN 2025?!! MY HONEST THOUGHTS!,” the crypto analyst behind the LuckSide Crypto channel argued that Shiba Inu’s upside for the remainder of 2025 depends almost entirely on whether retail investors finally return to crypto in size. “Retail has not shown up yet,” he said, adding that the share of people in crypto “remains very much unchanged from last market cycle,” which he put at “5 to 6% of the world.” In his view, without a fresh retail wave, Shiba Inu (SHIB) can rise but is unlikely to break its longer-term range; with a retail surge, he believes the token could “drop a zero” and set a new all-time high. LuckSide situated SHIB’s performance within a broader meme-asset rotation. He contended that the top tier of memes has been diluted as new entrants and brands pulled liquidity from incumbents: “When we look at Dogecoin, we’ve had Shiba Inu pull some of that market cap from Doge… Pepe has pulled some market cap from SHIB… and as each one of these has entered the space and done well… it’s just sucked… some of the life out of these assets.” He emphasized that this dynamic does not mean “SHIB is dead,” only that the ceiling has lowered until new participants arrive. Related Reading: Shiba Inu Takes Major Step With Community Governance Model — Details Macro headwinds dominated his account of the past 18 months. He summarized 2025 as a year of “tariffs, economic uncertainty, quantum computing concerns, [and] black swan events,” and described 2024’s late spring and summer as a period of “high interest rates” and “slowing down economy,” with overhangs such as “German government dumping” and “Mt. Gox concerns.” Against that backdrop, he argued, meme coins—“a small percentage of the total market”—typically require “a lively” market and “adoption taking place” to outperform. He framed the current meme-coin capitalization at “$69.88 billion versus the total market cap of crypto which is 4 trillion” to underline how dependent the niche is on incremental retail flows. How High Can Shiba Inu Still Go In 2025? On SHIB-specific fundamentals, LuckSide pointed to what he sees as constructive on-chain behavior: “We’ve seen whale accumulation except for like the last week or so,” and “huge supply removal from exchanges.” He also reiterated a long-standing call about price resilience during the drawdown: “Shiba Inu has not dropped off a zero. While many people said it would, I called… that Shiba Inu would never add back a zero.” Those signals, he said, have “set the table for basically a big Shiba Inu boom” if and when retail returns. His 2025 path splits into two scenarios. If retail continues to lag, he expects SHIB to remain capped within its broader trend, even if reflexive rallies occur: “Let’s say we get up here somewhere in September… that’s… kind of sucks in the grand scheme of things,” he said, arguing that such a move would still leave the token range-bound. Related Reading: Analyst Says Shiba Inu’s $0.000010 Support Could Trigger Major Bounce If retail adoption is “actually triggered and you see the masses flow into the market… which… is when the meme-coin percentage of market cap really tends to surge,” he believes SHIB could “drop a zero, moving past $0.0001 for the first time ever.”. In his words, “FOMO is a hell of a drug. Supply shock is a hell of a thing to witness in the market.” On timing, LuckSide sees a narrowing window in late 2025 into early 2026 for a renewed meme-coin phase. “Whether that’s here in 2025 still, whether that’s early 2026, I think our window is really closing to where the market is actually going to take off and you’re going to see this big meme-coin boom yet again,” he said. Until then, he counseled patience and focus on on-chain support: “We just have to… understand that we need fundamentals to stay strong, and eventually things are going to work themselves out.” The bottom line of his “honest” assessment is conditional rather than numeric. Absent a fresh retail cohort, SHIB’s upside in 2025 may be incremental. With a decisive retail return—evidenced by “people downloading exchange apps and actually pushing capital into the space”—he argues the token could finally shed a decimal and set new highs. As he put it, “Retail will not always be delayed in getting to the markets… and when it does… we have the potential for SHIB to hit some pretty insane highs.” At press time, SHIB traded at $0.00001212. Featured image created with DALL.E, chart from TradingView.com

Shiba Inu has introduced a major change to its community decision-making system through Shib Doggy DAO, bringing new voting options that move beyond the old reliance on token staking. Now, community members can use ERC-20 token balances to take part in governance, or choose quadratic voting to prevent large holders from dominating the process.  With $12 million in backing from major industry players and plans for a new Layer-3 chain, the Shiba Inu network is setting itself up for broader adoption and a stronger role in the Web3 space. Revamped Doggy DAO: Stronger Voting And Fairer Governance The Shiba Inu ecosystem’s governance body, the SHIB Doggy DAO, has rolled out a redesigned voting framework that makes participation more inclusive and secure. Until now, governance proposals have relied heavily on Bone ShibaSwap (BONE) staking, which limited flexibility and created risks of majority attacks. Related Reading: What’s Next For XRP After Crashing Below $3? Analyst Answers With the update, community members can now vote directly with their ERC-20 token balances. Token holders no longer need to stake assets to have a say in governance, making it easier for more of the SHIB Army to join decision-making. At the same time, quadratic voting adds another layer of protection. In this system, the cost of gaining extra voting power rises steeply, making it nearly impossible for wealthy holders to control outcomes. Instead of being restricted to one fixed model, they can now pick the governance method that best suits their proposal. Whether it’s staking, direct token balance voting, or quadratic voting, the flexibility allows for better alignment between the nature of the decision and vote counts.  Shibarium’s Bigger Vision: Identity, Layer-3, And TREAT Token While improving governance is a significant achievement, Shiba Inu’s developers have even bigger plans for the future of the network. Work is already underway on an identity-based voting system that will give each person just one vote, regardless of how many tokens they hold. The voting system closes the gap between whales and small holders, guaranteeing everyone has an equal voice. Related Reading: Dogecoin Eyes 1,000% Increase To Reach $2.55 ATH This Cycle The team wants to launch a new Layer-3 chain next year and has raised $12 million from backers like Polygon Labs and Animoca. The upcoming chain will run on Shiba Inu’s newest token, Treat (TREAT), which rewards Web3 activities. TREAT is already listed on major exchanges like MEXC, Bitget, and Gate, signaling growing interest and adoption.  Beyond TREAT, other tokens in the Shiba Inu ecosystem will also play distinct roles. Bone ShibaSwap (BONE) and DogeKiller (LEASH) will serve different on-chain functions, helping power the multi-token system that supports Shibarium.  The new governance model connects to the bigger Web3 trend of digital identity. Shibarium has a Karma points system that measures reputation and trust across the community. By tying voting to identity and reputation, Shiba Inu moves to a safer, more trusted system that helps it grow to one billion users. Featured image from Dall.E, chart from TradingView.com

The Shiba Inu community is in its most defining moments as it kicks off its first election that will decide an interim president and set the course for the $7 billion token ecosystem’s future. With the fifth “Shib Year” now underway, some community members see the election as a significant step toward decentralization, with debates over leadership, transparency, and accountability heating up across the community.  What’s Happening Inside the Shiba Inu Community In an August 4 post titled ELECTIONS, Shiba Inu’s lead developer, Shytoshi Kusama, announced that the community will choose a new lead visionary and councils for each DAO, calling it “the true birth of a network state.” The election announcement has brought long-standing frustrations to the surface, with some community members accusing Kusama of poor leadership, lack of transparency, and keeping too much control in the hands of a few.  Related Reading: Man Who Threw Away $1 Billion In Bitcoin Debunks Rumors, Here’s The Progress Woof Swap, a vocal voice in the Shiba Inu ecosystem, has been especially blunt, calling for leadership with “actual ability, not just visibility.” They wrote, “We don’t need an incompetent president,” and stressed that leaders must have the skills, strategy, and resources to guide the project forward. Other long-time supporters, like Shiba Germany, have raised concerns about broken promises, such as the unfulfilled goal of activating 100 validators and onboarding a billion users. There is also unease about projects like SHY and POE, seen as distractions from Shiba Inu’s core goals, arguing that the election will only work if it leads to leaders aligned with Ryoshi’s original vision of transparency, decentralization, and shared responsibility. How The Shiba Inu Major Electoral Process Will Work The Shiba Inu elections will unfold in three main phases. First, open nominations will allow any member of the community to apply. The top ten nominees will move on to a debate stage, with live or recorded sessions hosted across platforms. A second vote will narrow the field to three finalists, who will then face a final vote one week later. The winner will serve as interim president until the position is formally approved, no later than four months after the start of “Shibizenship.” Related Reading: Shiba Inu Team Member Reveals ‘Primary Challenge’ And ‘Top Priority’ Amid Market Uncertainty Voting will follow a “1 token = 1 vote” system with any SHIB ecosystem token – SHIB, BONE, TREAT, or LEASH. Kusama argues that the voting system is fair by giving more influence to those with the most invested in the ecosystem’s success, as they have the most at stake. But the Shiba Inu Foundation will still hold veto power, a point that has fueled claims the process is more “controlled democracy” than complete decentralization. The interim president will coordinate the transfer of power, carry out the vision laid out in the “Shib White Paper,” establish the first congress of four DAO councils, and manage the community’s billion token economy.  Logistical details, including the exact dates for nominations, debates, and voting, will be announced soon. With millions of holders worldwide and billions in value on the line, the outcome of these elections will shape Shiba Inu’s direction for years to come. Featured image from Unsplash, chart from TradingView.com

Shiba Inu’s blockchain platform, Shibarium, is reportedly stepping beyond its original role as a  Layer 2 (L2) scaling solution. In a recent announcement, the development team revealed that Shibarium is now positioned as the core infrastructure for a decentralized, community-led future, highlighting its broader functionality and long-term vision for the evolving ecosystem. Shibarium Evolves Beyond Layer 2 Solution On August 4, the Shiba Inu team behind Shibarium clarified in an X social media post that the platform is more than just a Layer 2 scaling solution. They described it as a robust infrastructure designed to power a fully decentralized, community-driven ecosystem. This positioning marks a strategic expansion of Shibarium’s role in the broader blockchain space, emphasizing its importance as a foundational layer for both innovation and governance.  Related Reading: Shiba Inu Team Unveils New Developer Hub Updates — Here’s The 411 Initially introduced as a Layer 2 built on the Ethereum blockchain to provide scalable and low-cost transactions, Shibarium’s evolution reflects a deliberate shift towards multifunctional utility. The team has outlined the platform’s capacity to support on-chain governance structures, Decentralized Autonomous Organizations (DAOs), Non-Fungible Tokens (NFTs), and real-world applications. This indicates Shibarium’s readiness to serve as a multi-purpose blockchain ecosystem rather than a single-purpose scaling solution.  Another key component highlighted by the Shiba Inu team is Shibarium’s ability to allow developers to build freely on the network while empowering communities to govern their protocols independently. This dual emphasis on infrastructure and self-governance aligns with the core principles of decentralization, giving Shibarium the potential to become a breeding ground for next-generation blockchain applications.  Compared to other Layer 2 solutions that primarily focus on throughput and transaction fees, the Shiba Inu team notes that Shibarium integrates the above features within a framework geared toward long-term sustainability and utility. In doing so, the team presents Shibarium as a dynamic platform where resilience and innovation converge to support a decentralized future.  WoofSwap Proposes Major Updates For Shibarium WoofSwap, a key community voice within the Shiba Inu ecosystem, released a set of reform proposals on X, aimed at enhancing Shibarium’s scalability, utility, and overall appeal. At the center of the suggestions is a potential revision to the 20 million BONE token allocation, with WoofSwap urging community input to fine-tune the distribution.  Related Reading: Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming Alongside tokenomics adjustments, the proposal targets technical improvements such as optimizing cross-chain speed to achieve a near one-minute transaction finality, positioning Shibarium as a faster and more competitive Layer 2 network. Other key technical refinements include streamlining smart contracts to lower Ethereum gas fees and expanding support for trendline cross-chain tokens.  Beyond infrastructure, the proposal addresses governance and engagement for Shibarium. Decentralization also remains a priority, with a call to gradually open validator nodes while maintaining strict security standards. WoofSwap also urged influencers to be more cautious with their public roles, highlighting the need for credibility as Shibarium evolves. Featured image from Getty Images, chart from Tradingview.com

In the face of growing market uncertainty, a Shiba Inu developer, Kaal Dhairya, has spoken out on X about the project’s internal problem and the team’s top priorities. As SHIB begins August with a market dip, slipping further down the crypto rankings, and facing growing competition, Dhairya is drawing attention to the internal struggles holding the ecosystem back.  Shiba Inu Primary Challenge Revealed According to Kaal Dhairya, the biggest issue holding Shiba Inu back is not the market, but what’s happening inside the community, highlighting the ongoing splits slowing down SHIB’s development and holding back its progress. He says rather than evaluating projects based on their potential benefits to Shibarium and SHIB holders, decision-makers often base their choices on personal opinions and bias. Related Reading: Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow Dhairya gave a past example to show how things used to be different. He mentioned how the K9 project thrived under the support and guidance of trusted community members like himself and another developer, Shytoshi Kusama. Back then, no one saw it as a scam or a quick cash grab, and the community supported it. But now, he says, even legitimate projects get caught in the crossfire of personal rivalries and distrust. Individuals who have already raised significant amounts of money from the SHIB community or built influence under changing identities often drive this tension. He added that while it is typical for projects to hire advisors or influencers to promote their tokens in return for payment, he believes the SHIB community should aim for something better. Dhairya emphasized the need for openness and honesty within the community regarding personal gains from promoting or advising a project as part of that higher standard.  Top Priority: Building Unity And Community Governance With the market turning and the cryptocurrency dropping under the top 20 in the rankings, Dhairya clarified that the main priority now must be unity. Shiba Inu saw a 9% rise in July, but that momentum quickly faded. By early August, SHIB had dropped over 2%, falling from a high of $0.00001437 on July 28 to a low of $0.0000116 on August 2. The token has now dropped to the 22nd spot in the crypto rankings, with a market cap of $7.17 billion. Related Reading: Ripple Exec Reveals What Will Drive The XRP Price Value Instead of being divided by internal arguments, Dhairya wants the community to unite and tackle the external challenges, especially in light of SHIB’s recent price drop. These include rival projects that have pushed the cryptocurrency out of the top 10 and major web3 companies and crypto infrastructures that continue to overlook Shiba Inu. He also mentioned centralized exchanges that earn large profits from SHIB but do not show the community the respect it deserves.  To face these outside forces, Dhairya stressed implementing practical decision-making tools, eliminating favoritism, and supporting projects that add actual value to the ecosystem. The developer also underscored the need to empower Shiba Inu’s decentralized autonomous organization (DAO) as the future lies in building a fair, community-led system where every “Shibizen” has an equal voice. He further suggests a quad-token governance model and adherence to ethical guidelines, like the Great Canine Code, to keep leaders accountable and prevent misuse of power.  Featured image from Unsplash, chart from TradingView.com

Crypto analyst Maddox has provided a bullish outlook for Shiba Inu, predicting an explosive rally. His prediction comes as SHIB surpasses Litecoin to climb into the 18th spot on the list of largest cryptocurrencies by market capitalization.  Shiba Inu Eyes Explosive 126% Rally In a TradingView post, Maddox predicted that Shiba Inu could record a 126% rally to $0.0003579 from its current price level. The analyst noted that SHIB has printed confirmed weekly bullish divergence in the Relative Strength Index (RSI). The top meme coin is now attempting to overcome the weekly 200EMA resistance. Related Reading: Shiba Inu Breakout Programmed: Diamond Hands Are Up 783%, SHIB Burn Rate Explodes 1,784% The analyst further revealed that a High Volume Node lies just above, and a close above this level will signal a bullish trend. Based on this bullish trend, Shiba Inu could move to the initial target of the weekly pivot at $0.00001774 before it then moves to the $0.0000579 High Volume Node.  Meanwhile, Maddox noted that the Shiba Inu price has completed its retracement to the ‘alt-coin’ golden pocket 0.786 Fibonacci retracement. He added that a bearish divergence is currently growing on the weekly RSI but that this will be diverted with a thrust high. The analyst is confident in SHIB’s potential, suggesting that this is a MEME season. He noted that the Dogecoin price looks ready to go. As such, Shiba Inu is also expected to follow suit, given the correlation between these meme coins, which are the largest ones by market cap. DOGE is up over 38% in the last seven days.  Shiba Inu has followed and is up over 16% during this period. Thanks to the current uptrend, SHIB has surpassed LTC to become the 18th largest crypto by market cap. The meme coin currently boasts a market cap of $8.89 billion.  SHIB Ready To Run To The $0.000032 Levels Crypto analyst Javon Marks had earlier shared a similar prediction to Maddox’s. In an X post, he declared that in the nearer term and by confirmed data, the $0.000032s are levels to come for Shiba Inu in response to a bullish divergence. He added that this 135% move could only be the start of a larger bullish reversal for the foremost meme coin.  Related Reading: Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence Crypto analyst Friedrich suggested that Shiba Inu could reach its all-time high (ATH) as part of this larger bullish reversal. In an X post, the analyst declared that SHIB is about to blast. He added that with Ethereum ripping, the meme coin will go for a retest of its ATH of $0.00008845 for sure. His accompanying chart showed that SHIB could at least reach $0.00008032.  At the time of writing, the Shiba Inu price is trading at around $0.0000151, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images chart from Tradingview.com

Shiba Inu’s exchange reserves have hit a new low, the lowest level since 2023, providing a bullish outlook for the top meme coin. Based on this development, SHIB looks well primed for a parabolic rally, which could happen soon.  Shiba Inu’s Exchange Reserves Hit Lowest Level Since 2023 CryptoQuant data shows that Shiba Inu’s exchange reserves have dropped to their lowest level since January 2023. This metric refers to the amount of SHIB that is held in wallets linked to crypto exchanges. As such, the drop in these reserves indicates that there has been a massive accumulation by whales who have been moving coins to cold storage for long-term holding.  Related Reading: Shiba Inu Breakout Programmed: Diamond Hands Are Up 783%, SHIB Burn Rate Explodes 1,784% This development is significant as a price surge could follow, with Shiba Inu rallying to new highs. In 2023, as the exchange reserves began to decline, SHIB witnessed a God candle, which sent its price above the psychological $0.00003 level. The meme coin surged from a low of around $0.000007 back then.  IntoTheBlock data also shows that Shiba Inu whales are back to accumulating SHIB, which could spark this rally as demand outweighs supply. Over the last week, SHIB’s largest transactions have been steadily climbing from the lows recorded in June when the meme coin fell to the support level at $0.000010.  It is also worth noting that Shiba Inu’s correlation with Bitcoin is 0.92, indicating a strong positive correlation between the two assets. As such, the meme coin could also skyrocket as the leading crypto targets new all-time highs (ATHs). BTC is looking to reclaim the $120,000 psychological level, a development which could help SHIB maintain its momentum as it rallies towards $0.000020.   Another Rally To $0.000030 In Sight For SHIB In an X post, crypto analyst Javon Marks confirmed that Shiba Inu is eyeing another rally to $0.000030. He stated that in the short term and based on confirmed data, SHIB is expected to reach the $0.000032 level in response to a bullish divergence. The analyst noted that this move itself is over 135% and could only be the start of a larger bullish reversal.   Related Reading: Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence The analyst had earlier revealed that Shiba Inu had confirmed a clear bullish divergence on its Moving Average Convergence Divergence (MACD). Marks further remarked that this development points to a nearly 180% upside, which would send the meme coin back to around $0.000032. Meanwhile, crypto analyst Investing Haven also confirmed that the targets of $0.000044 to $0.000066 remain valid for the top meme coin.  At the time of writing, the Shiba Inu price is trading at around $0.00001439, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Javon Marks has provided a bullish outlook for the Shiba Inu price, predicting a potential rally of 180%. The analyst alluded to an indicator that suggests that SHIB can record this explosive rally, reclaiming the psychological $0.00002 level in the process.  Shiba Inu Price Eyes 180% Rally As MACD Forms Bullish Divergence In an X post, Javon Marks stated that the Shiba Inu price has formed a clear Bullish Divergence with its Moving Average Convergence Divergence (MACD). He further remarked that this points to a nearly 180% upside for SHIB to rally to $0.000032. Marks added that this may only be the start of a much larger positive reversal for the meme coin.  Related Reading: 65% Of Shiba Inu Holders Suffer Massive Losses As Curse Of June Takes Hold His accompanying chart showed that the Shiba Inu price could hit this target between now and year-end. This provides a bullish outlook for the meme coin, which has greatly underperformed this year. SHIB has recorded a 45% loss year-to-date (YTD). Meanwhile, the coin is also down over 8% in the last 30 days.  This represents a change of fortune for the meme coin, which recorded a gain of around 150% in 2024. However, based on Javon Marks’ analysis, the Shiba Inu price could still end this year in the green if it records this projected 180% rally. SHIB could also reclaim one of the top 10 spots in the ranking of cryptocurrencies by market cap.  Fundamentals like the SHIB burns and network activity could spark this momentum for the Shiba Inu price. In an X post, a SHIB community member revealed that the meme coin has just shattered another record. Over 1.5 million on-chain wallets now hold the meme coin, with the number still rising.  However, the SHIB burns will need to pick up as they remain unstable. Shibburn data shows that the daily burns have crashed by over 82%, with 1.5 million SHIB burned in the last 24 hours. The burn rate is also down around 11% in the last seven days, with 48 million SHIB burned during this period.  SHIB Can Rally As Much As 600% Javon Marks is still confident that the Shiba Inu price can rally as much as 600% in the long term. He recently stated that the $0.000081 target for SHIB remains unchanged and that sights are still on an over 609% uphill run to reach it in response to a massive holding breakout of the displayed resisting trend.  Related Reading: Can The Shiba Inu Developer Push SHIB Price To $0.01? Expert Responds The analyst remarked that due to the post-breakout action, he sees this target being broken above, bringing $0.0001553 in play. Marks, however, failed to provide a specific timeline for when this 600% Shiba Inu price rally could occur.  At the time of writing, the Shiba Inu price is trading at around $0.00001181, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

On-chain data shows Shiba Inu (SHIB) has its supply more concentrated on the largest holders than other assets like Ethereum (ETH) and Pepe (PEPE). Shiba Inu Has 62% Of Its Supply Controlled By Top 10 Whales In a new post on X, the on-chain analytics firm Santiment has shared how some top coins currently compare against each other in terms of the percentage of supply held by the ten largest wallets on the respective networks. Below is a chart showing the trend in this metric for eight cryptocurrencies: Shiba Inu, Ethereum, Pepe, USDT, USDC, DAI, Chainlink (LINK), and Uniswap (UNI). As is visible in the graph, the stablecoin USDC has the lowest amount of supply concentrated on the top 10 addresses among these assets at around 27%. Chainlink and DAI come close with the metric sitting at 32% and 33%, respectively. Others like Uniswap and Ethereum, however, have a more significant part of their supply under the control of these humongous entities: 51% and 49%, respectively. One asset that particularly stands out is Shiba Inu, with a massive 62% of its supply belonging to the ten largest whales on the network. For comparison, the other memecoin on the list, Pepe, has the same metric at 39%. Generally, the centralization of supply on just a few hands isn’t a constructive sign for any cryptocurrency’s stability, as tokens signify power on the network. It’s especially relevant in the case of a proof-of-stake (PoS) asset like Ethereum. As Santiment explains, As a retail trader, it’s generally safer to hold coins with less supply held by the most elite whales. There is less risk of sudden dumps or price manipulation should an asset’s largest whales decide to exit their positions. Given this, the assets like Ethereum, Uniswap, and Shiba Inu that currently have a majority of their supply or close to it in the hands of the top 10 whales may not be in the best position right now. In some other news, the cryptocurrency market sentiment is on the verge of extreme greed, according to the Fear & Greed Index. The Fear & Greed Index is an indicator created by Alternative that inputs a few different factors to determine the investor mentality as a score lying between zero and hundred. As displayed above, the cryptocurrency Fear & Greed has a value of 73 at the moment. This corresponds to the presence of a strong sentiment of greed present among the traders. Historically, markets have often moved in the direction that goes contrary to the expectations of the crowd. The probability of a contrary move is especially strong in the extreme ends of the index. For now, the market is still outside of the extreme greed zone, but only by a couple of units. SHIB Price At the time of writing, Shiba Inu is trading around $0.0000115, up over 3% in the last seven days. Featured image from Dall-E, Alternative.me, chart from TradingView.com

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

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

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

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

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

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

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

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

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 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

Shiba Inu is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown.  The declining buying interest and growing bearish sentiment suggest that a decisive move below this support could open the door for a deeper correction, reinforcing a more bearish outlook for the meme coin. If bulls fail to step in and defend this critical zone, SHIB could see increased volatility, with lower support levels coming into play.  On the other hand, a strong rebound from this area may signal a potential shift in momentum, giving buyers a chance to regain control. As uncertainty looms, traders closely watch whether SHIB can hold firm or if the bears will push for a downside in the coming sessions. SHIB Price Dips Further, Is A Breakdown Imminent? After a steady upward move, Shiba Inu encountered strong resistance, halting its bullish performance and triggering a renewed wave of selling pressure. This rejection has intensified the bearish sentiment, driving SHIB’s price downward toward the critical $0.00001272 support level.  Related Reading: Shiba Inu Grapples With Heavy Bearish Forces: Will Support Levels Hold? SHIB’s inability to sustain gains above key resistance suggests that sellers remain in control, further reinforced by SHIB’s continued trade below the 100-day Simple Moving Average (SMA). With the price struggling to regain strength, the risk of a deeper decline looms, as a confirmed breakdown below this support might accelerate losses and push SHIB into a more extended downtrend. The current fresh decline in SHIB’s price is being bolstered by the MACD indicator, which signals growing bearish momentum. The MACD line is trending below the signal line, a classic sign that sellers are in control and that downward pressure is increasing. Additionally, the histogram is expanding in the negative zone, confirming the dominance of a bearish sentiment. If this trend persists, combined with SHIB’s ongoing price action below the 100-day SMA, it could trigger a breakdown beneath the critical $0.00001272 support level.  Potential Rebound Levels For Shiba Inu Shiba Inu is currently testing key support zones that could serve as potential rebound levels. The first major level to watch is $0.00001272, a critical support zone where buyers may attempt to step in and defend against more losses. Should SHIB hold above this level, it would cause a short-term rebound, driving the price toward higher resistance areas. Related Reading: Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For However, if selling pressure persists and SHIB closes below $0.00001272, the next key support to monitor is $0.00000847. This level represents a stronger demand zone, where a more significant recovery could take place as buyers regain control.  A successful bounce from this area indicates a shift in momentum, providing SHIB the opportunity to recover lost ground. For a sustained bullish reversal, SHIB needs to establish strong support at these levels and reclaim key moving averages to regain investor confidence. Featured image from Adobe Stock, chart from Tradingview.com

The number of Shiba Inu millionaires continues to decline as the recent market crash puts a damper on holder’s profits. Notably, on-chain data reveals that the total number of Shiba Inu millionaires has fallen below 1,000. However, they still control a significant portion of the meme coin’s supply.  SHIBMillionaires Drop Below 1,000 Following a broader market crash that significantly impacted meme coins like SHIB and DOGE, new reports reveal that the number of Shiba Inu millionaires, with wallets between $100,000 and $10 million, has declined severely. IntoTheBlock, a blockchain analytics company, has reported that the number of addresses holding $10,000 to $10 million worth of SHIB tokens has dropped to 2,470. These deep-pocketed token holders collectively control over $3.5 billion worth of SHIB.  Related Reading: Shiba Inu Whale Transactions Spike 265% In Last 24 Hours, Can SHIB Drive Toward $0.00004? Breaking this down, ITB’s data shows that wallets holding over $100,000 to $1 million have plummeted to 1,059 addresses. For wallets with $1 million to $10 million worth of SHIB, ITB highlights that only 880.25 addresses remain. This would mean that all addresses with over $1 million in SHIB have a total balance of $2.8 billion.  Earlier this week, 75 addresses held exactly or above $10 million worth of SHIB tokens, with a combined network surpassing $13 billion. However, at the time of writing, it has declined to 74, with a network of $11.69 billion. While the number of addresses for this staggering amount of SHIB tokens may appear small, these investors, often called whales, tend to impact the market when they make significant moves. Moreover, this select number of addresses controls a large amount of Shiba Inu’s supply. While it doesn’t even come close to half of the meme coin’s total supply, it is still a considerable stash that could impact its market dynamics.  The recent decline in Shiba Inu millionaires is reflected in past data from ITB. Just two weeks ago, 93 addresses, 19 more than the current count, held SHIB tokens valued at over $10 million. Furthermore, 905 wallets held between $1 million and $10 million worth of SHIB, compared to the current 880.25 addresses holding the same amount.   This notable decrease in the number of Shiba Inu millionaires in both high-value and mid-value SHIB holdings suggests a shift in the market, with holders possibly selling their holdings and exiting positions. The decline is also attributed to the recent Shiba Inu price crash and ongoing volatility.  Shiba Inu Price Attempts A Recovery At press time, the price of Shiba Inu is trading at $0.0000165. Despite experiencing major market declines that pushed its price down by more than 20%, Shiba Inu remains resilient, attempting to break through the bearish trend to initiate a recovery. Related Reading: Shiba Inu Large Transaction Volume Up 40%, Burn Rate Crashes 71.5%, What’s Going On? Over the past week, Shiba Inu has increased by over 9.8%, reflecting gains of almost half its 22% loss in the last month. Based on CoinMarketCap’s data, the meme coin is still in the green, recording a 1% increase. However, SHIB’s trading volume remains relatively low, marking a 41% decline. Featured image from Adobe Stock, chart from Tradingview.com

Recent analysis reveals that the Shiba Inu price has formed a Falling Wedge pattern and is on the verge of breaking above it. Technical indicators suggest that SHIB could embark on a massive rally once this breakout occurs, as analysis predicts a price surge of over 250% in the coming months.    Shiba Inu Price Gears Up For 250% Rally  Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, is showing signs of a potential breakout to the upside. A crypto analyst identified as Rose Premium Signals on X (formerly Twitter) highlighted that SHIB is currently retesting the perfect accumulation zone, representing a crucial support level that historically acts as a launchpad for a price rally. The analyst predicts that Shiba Inu is set for a 250% price surge to new highs.  Related Reading: Shiba Inu Price Gearing Up To Fly After Lows, Here’s The Target After experiencing months of decline and volatility, the price formed a unique technical pattern called a Falling Wedge. This pattern is a classic bullish reversal signal that forms when there is a downward trend in a cryptocurrency’s price action. Considering that Shiba Inu has recorded multiple price crashes to new lows, the emergence of this pattern breathes optimism into the meme coin’s future outlook. Rose Premium Signals has shared a price chart, providing a clearer view of this technical pattern. The chart shows that SHIB is nearing the apex of its Falling Wedge pattern and is on the verge of a breakout.  A successful breakout from this bullish pattern could trigger a sharp upward movement, propelling the Shiba Inu price by 250% towards key resistance levels at $0.00002913, $0.00003612, and ultimately $0.00004401. This final price target represents a staggering 251% increase from Shiba Inu’s current market value.  The analyst has set a timeline for his optimistic prediction, forecasting that Shiba Inu will hit a price peak of $0.00004401 in the next 77 days, around April 29, 2025. On a side note, Rose Premium Signals expects a breakdown in the Shiba Inu price before this projected rally. The analyst predicts that Shiba Inu could decline and hit a final price low of $0.00001299 before it embarks on its surge to $0.00004401. This price crash is expected to occur around March 2025. If this bearish projection holds, it may present a prime buying opportunity for investors aiming to capitalize on the analyst’s 250% SHIB price rally forecast.  TD Sequential Flashes Buy Signal For SHIB According to data from CoinMarketCap, the SHIB price is currently trading at $0.000015, recording declines of over 3.9% in the last 24 hours and 23.8% over the past month. While the meme coin still faces bearish pressure, crypto analyst Ali Martinez has revealed that Shiba Inu’s TD Sequential indicator has flashed a buy signal on the weekly chart.  Related Reading: Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For Due to this technical indicator, the analyst surmised that Shiba Inu is showing signs of a potential rebound to the upside. He shared a chart and predicted that SHIB could advance toward a new target of $0.0000185.  Featured image from iStock, chart from Tradingview.com