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Shiba Inu shows potential for a major rally with bullish technical indicators, decreasing exchange supply, and rising futures interest despite recent price struggles.
Over 100 trillion SHIB was accumulated in 2025 - Is a potential rally incoming?
The enigmatic lead of the Shiba Inu developer team known to the SHIB army under the pseudonym Shytoshi Kusama has once again sent ripples through the meme coin community by changing his status on the X profile.
The meme coin market is edging higher and tracking Bitcoin (BTC) after the king coin surged to $88,000 for the first time in three weeks. At press time, the total meme coin market cap had increased to $50 billion, after gaining by 3%.
With a recent significant technical advance, Shiba Inu may be about to start a long-awaited bull run. The 50-day Exponential Moving Average (EMA), a crucial resistance level that frequently serves as the first gate to trend reversals, has finally been reached by SHIB after weeks of consolidation and muted price action.
As the crypto market began the week with notable rallies across major cryptocurrencies, inching toward what many expect to be another bull market, Shiba Inu is gradually building momentum. This follows a significant daily surge in its large transaction volume, according to data from IntoTheBlock.
Dog-themed cryptocurrency Shiba Inu (SHIB) has reached a crucial on-chain range where 41 trillion SHIB tokens are held by a significant number of Shiba Inu addresses, marking a potential turning point for the coin's next major move.
Bitcoin and most altcoins rose on Monday, continuing a trajectory that started late last week. Bitcoin (BTC) rose to $87,500, while tokens like Kaspa (KAS), Fartcoin (FARTCOIN), Solana (SOL), and Shiba Inu (SHIB) jumped by double digits.
Shiba Inu (SHIB) holders have something to cheer about as the meme coin is exhibiting bullish potential, as it has registered an uptick in the past 24 hours. This development has helped SHIB flip two other assets to claim 16th place in terms of ranking by market capitalization.
Shiba Inu (CRYPTO: SHIB) is flashing bullish signs, such as increasing burn rates and renewed whale interest. With the meme coin nearing key technical levels, some traders believe we may be on the edge of a repeat of its legendary April 2021 run.
After several days of price declined followed by sideways price movement, the crypto market has again turned in bulls' favor. Like most crypto, Shiba Inu (SHIB) price is also benefiting from it.
Shiba Inu (SHIB), the second-largest meme coin by market cap, might be on the verge of a recovery. Recent data reveals a huge spike in SHIB's burn rate, with 26.48 million tokens being permanently removed from circulation. This has led to a slight price increase, raising hopes among investors.
Back in 2021, at the height of the meme coin bull run, Shiba Inu ran over 7,000,000% to outperform the more established Dogecoin. This performance was achieved with the expectation that Shiba Inu was the “Dogecoin killer” and that the meme coin would eventually flip DOGE to become the leading meme coin.
Although Shiba Inu has recently displayed signs of life, on-chain data indicates a significant obstacle that could stop its momentum in its tracks. Following a breakout above the 50 EMA, which frequently indicates a possible change in market structure, SHIB is now getting close to a significant resistance zone that might serve as a significant trap for the meme coin.
Shiba Inu's price holds at $0.00001250 as burn rate surges 3,277% and whales sell off, with technical patterns suggesting a possible rally.
According to the data published by the popular Shibburn on-chain burn tracker, over the past day, the Shiba Inu team has managed to dispose of a large amount of meme coins, moving millions of them out of the circulating supply.
As it is firmly compressed between two important exponential moving averages, Bitcoin is currently experiencing a crucial technical moment that resembles a traditional price squeeze. Although bulls may just be in the lead, this tension in the charts is preparing for a possible volatility-driven breakout in either direction.
The marketing lead for Shiba Inu (CRYPTO: SHIB), Lucie, has issued a critical warning to the SHIB community. The warning is about potential scams and the significance of self-education in the cryptocurrency space.
In a recent post on X, Shiba Inu team member Lucie issued an important message to the SHIB community.
New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days.
Despite signs of sustained activity, Shiba Inu (SHIB) is sinking into a downward spiral of underperformance. Contrary to the rebound seen in other altcoins, the token shows a historically low profitability rate, revealing a deep imbalance in its market structure.
Shiba Inu has recently displayed indications of establishing a critical support level at the $0.000012 mark supported by on-chain data that shows that over 26,000 wallet addresses hold a staggering 21 trillion SHIB volume at this price point. Depending on the direction of market sentiment going forward, this critical support may serve as the foundation for future price movement.
Everyone's talking about Shiba Inu again, and some believe it could make you a millionaire by 2025.
SHIB's burn rate spiked over 3,273%, stirring bullish sentiment as traders eye a breakout.
