A bullish technical pattern has developed on Shiba Inu’s chart with potential to retest price levels seen before the recent market correction. Analyst DRAGONEAGE_FX shared this outlook in TradingView analysis posted October 13. The commentary identified a Shiba Inu breakout above a descending trendline on the 4-hour timeframe. The meme
Shiba Inu has recorded a sharp increase in token burn activity over the past 24 hours. According to Shibburn data, 9,782,588 SHIB tokens were removed from circulation, pushing the daily burn rate up by 13,000%. The accelerated burn activity contrasts with weekly metrics showing a 13.7% decline in the seven-day
Shiba Inu continues facing resistance at a critical trendline that has prevented upward momentum in recent trading sessions. The second-largest meme coin by market capitalization remains constrained between two key technical levels. TradingView analyst SwallowAcademy identified SHIB’s position between the 200-exponential moving average above and support around $0.0000119 below. This
Crypto investors are once again captivated by the return of Shiba Inu’s meme-fueled rally, as the token experiences a surge in community activity and renewed social media buzz. However, while SHIB’s loyal fanbase continues to drive momentum, another project — Ozak AI (OZ) — is quickly emerging as the real
Shiba Inu has reached a critical juncture that could determine its price direction through the 2025-2026 market cycle. Analyst CryptoNuclear published TradingView analysis on October 1 identifying key technical levels that will shape SHIB’s trajectory. The 6-day chart reveals a long-term accumulation pattern developing since 2022. Following its peak at
Cryptocurrency analyst Zayn has highlighted bullish indicators for Shiba Inu entering October, citing exchange reserve levels that have reached their lowest point in two years. The analyst shared the observation through social media, drawing attention to supply dynamics that could support price appreciation. Data from CryptoQuant shows SHIB exchange reserves
SHIB price has risen significantly over the past 24 hours. One factor that has come up as a possible catalyst is the burning mechanism of Shiba Inu tokens. Over 171k Shiba Inu tokens were burned in the last 24 hours. Thereby, possibly triggering an uptick in SHIB price. However, future
Shiba Inu’s ecosystem faces mounting challenges that could threaten the investments of its 1.5 million token holders. The project’s anonymous leadership structure and recent security failures have raised questions about long-term viability. Lead developer Shytoshi Kusama and team members continue operating under pseudonyms without revealing their identities. This approach creates
Community enthusiasm around Shiba Inu reaching $1 per token continues to generate debate across social media platforms. Marketing lead Lucie has referenced artificial intelligence predictions suggesting the milestone remains possible through utility expansion and aggressive token elimination strategies. The mathematics behind such projections reveal the scale of the challenge. With
Pseudonymous analyst MMBTtrader has described Shiba Inu’s current market conditions as “dead” and frustrating for investors, warning that continued weakness could push SHIB out of the top 40 cryptocurrencies by market capitalization. Despite this harsh assessment, the analyst identified technical factors that could potentially reverse the meme token’s fortunes. The
