Benefits of Shib Alpha Layer
Some of its benefits include ‘single-chain UX,’ which prevents users from having to hop between bridges or fragmented wallets. It also provides users with near-instant finality with blazing-fast transactions.
The Shib Alpha Layer enables users to pay transaction costs using any token of their choice, including SHIB and BONE. It features ZAMA’s Fully Homomorphic Encryption (FHE), offering encrypted smart contract logic.
Moreover, it is equipped with a plug-and-play ShibOS service, allowing users to choose any module while ignoring others. Meanwhile, Dhairya disclosed other upcoming features to be added to the project, including instant bridging and multi-chain interoperability.
Interestingly, the top developer highlighted Shibarium as the settlement layer of the project. This automatically upgrades every RollApp to an L3 network, equipping them with built-in security.
Furthermore, subsequent upgrades would feature full FHE support, with RollApp deployment open to everyone.
Following the project’s beta launch, Dhairya emphasized that Shiba Inu’s meme era has ended, signaling the beginning of the Shib Alpha Layer era.
Some of its benefits include ‘single-chain UX,’ which prevents users from having to hop between bridges or fragmented wallets. It also provides users with near-instant finality with blazing-fast transactions.
The Shib Alpha Layer enables users to pay transaction costs using any token of their choice, including SHIB and BONE. It features ZAMA’s Fully Homomorphic Encryption (FHE), offering encrypted smart contract logic.
Moreover, it is equipped with a plug-and-play ShibOS service, allowing users to choose any module while ignoring others. Meanwhile, Dhairya disclosed other upcoming features to be added to the project, including instant bridging and multi-chain interoperability.
Interestingly, the top developer highlighted Shibarium as the settlement layer of the project. This automatically upgrades every RollApp to an L3 network, equipping them with built-in security.
Furthermore, subsequent upgrades would feature full FHE support, with RollApp deployment open to everyone.
Following the project’s beta launch, Dhairya emphasized that Shiba Inu’s meme era has ended, signaling the beginning of the Shib Alpha Layer era.
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Shiba Inu Lead Developer Highlights New Project
Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, also brought the newly introduced project to the community’s attention, urging enthusiasts to read the text from Dhairya.
Recall that Kusama has been inactive on X over the past few weeks due to his ongoing work on the whitepaper exploring the interaction between Shiba Inu and AI.
However, he emerged from hibernation yesterday to highlight Shiba Inu’s Web3 gaming initiative on Astra Nova’s TokenPlay.ai platform and the newly introduced Shib Alpha Layer.
Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, also brought the newly introduced project to the community’s attention, urging enthusiasts to read the text from Dhairya.
Recall that Kusama has been inactive on X over the past few weeks due to his ongoing work on the whitepaper exploring the interaction between Shiba Inu and AI.
However, he emerged from hibernation yesterday to highlight Shiba Inu’s Web3 gaming initiative on Astra Nova’s TokenPlay.ai platform and the newly introduced Shib Alpha Layer.
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Shiba Inu (SHIB) Price: $1.8M in Bullish Positions Liquidated as Price Falls 10%
Shiba Inu has faced selling pressure over the past week as its price declined 10% to $0.00001164. The meme coin reached two-month lows during this period, testing trader confidence.
The derivatives market shows clear signs of bearish sentiment. The long-short ratio in perpetual futures has dropped to 0.9298, indicating more traders are betting against SHIB than supporting it.
Liquidation data reveals the extent of bullish position closures. Since June 12, over $1.8 million worth of long positions have been forced to close due to margin shortages. In contrast, short liquidations totaled less than $500,000 during the same timeframe.
Open interest in SHIB derivatives decreased by 2.14% to $145.33 million over the past 24 hours. This decline suggests reduced overall market participation and interest in the token.
Recent trading activity shows continued pressure on bullish positions. Long liquidations reached $244,000 in the past day, while short liquidations were only $57,000.
The current price of $0.00001164 represents a minor recovery from Tuesday’s low of $0.00001134. This small bounce has provided some hope for bulls looking for stabilization.
Shiba Inu has faced selling pressure over the past week as its price declined 10% to $0.00001164. The meme coin reached two-month lows during this period, testing trader confidence.
The derivatives market shows clear signs of bearish sentiment. The long-short ratio in perpetual futures has dropped to 0.9298, indicating more traders are betting against SHIB than supporting it.
Liquidation data reveals the extent of bullish position closures. Since June 12, over $1.8 million worth of long positions have been forced to close due to margin shortages. In contrast, short liquidations totaled less than $500,000 during the same timeframe.
Open interest in SHIB derivatives decreased by 2.14% to $145.33 million over the past 24 hours. This decline suggests reduced overall market participation and interest in the token.
Recent trading activity shows continued pressure on bullish positions. Long liquidations reached $244,000 in the past day, while short liquidations were only $57,000.
The current price of $0.00001164 represents a minor recovery from Tuesday’s low of $0.00001134. This small bounce has provided some hope for bulls looking for stabilization.
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Critical Support Levels
Two key price levels are drawing attention from technical analysts. The first support sits at $0.00001167, which SHIB recently broke below before attempting to recover.
The second critical level is $0.00001061, considered by many as the final defense for bulls. A break below this point could lead to further declines and potentially add another zero to SHIB’s price.
Trading volume has declined during recent price drops. Low volume at support levels typically indicates weak buyer conviction and can lead to further downside pressure.
Technical indicators show mixed signals for SHIB’s near-term direction. The token remains below its 50, 100, and 200-day moving averages, which now act as resistance levels.
Two key price levels are drawing attention from technical analysts. The first support sits at $0.00001167, which SHIB recently broke below before attempting to recover.
The second critical level is $0.00001061, considered by many as the final defense for bulls. A break below this point could lead to further declines and potentially add another zero to SHIB’s price.
Trading volume has declined during recent price drops. Low volume at support levels typically indicates weak buyer conviction and can lead to further downside pressure.
Technical indicators show mixed signals for SHIB’s near-term direction. The token remains below its 50, 100, and 200-day moving averages, which now act as resistance levels.
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Despite the bearish sentiment, some technical factors suggest a possible trend change. SHIB continues to hold above the $0.00001100 support level, which analysts view as critical for any recovery attempt.
The daily RSI shows a minor bullish divergence pattern. This could indicate that selling pressure is weakening even as price continues to decline.
MACD and signal lines are approaching a potential bullish crossover. If confirmed, this could push SHIB toward the 23.60% Fibonacci level at $0.00001390.
Above-average volume accompanied the closing price of $0.00001170, suggesting some buyer interest at current levels. This volume spike could indicate accumulation by longer-term investors.
Hourly RSI readings show oversold conditions. This technical setup often precedes short-term bounces if key support levels hold firm.
The $0.00001168 support level remains crucial for any technical bounce. A break below this point could negate the bullish technical setup and lead to further declines.
SHIB’s current price stands at $0.00001164 with traders closely watching the critical support levels for signs of stabilization or further breakdown.
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Shiba Inu (SHIB) Might Miss the Bull Run, Ruvi AI's (RUVI) Audited Token Might Be the Next for Over 109x Returns
Shiba Inu, once the darling of meme coin enthusiasts, has managed to captivate markets with its community-driven hype and speculative nature. However, as the next bull run approaches, analysts believe that Shiba Inu may lose its momentum to more utility-focused projects. Ruvi AI (RUVI), a blockchain project integrating artificial intelligence (AI), is emerging as a strong contender for massive growth, with predictions of over 109x returns in sight.
Shiba Inu, once the darling of meme coin enthusiasts, has managed to captivate markets with its community-driven hype and speculative nature. However, as the next bull run approaches, analysts believe that Shiba Inu may lose its momentum to more utility-focused projects. Ruvi AI (RUVI), a blockchain project integrating artificial intelligence (AI), is emerging as a strong contender for massive growth, with predictions of over 109x returns in sight.
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Why Ruvi AI Might Supersede Shiba Inu
Shiba Inu’s success has primarily been driven by speculative buzz rather than utility, an Achilles’ heel that’s becoming more apparent as demand shifts toward cryptocurrencies with real-world applications. Ruvi AI, on the other hand, stands out with its blockchain-AI integration, offering actionable solutions in industries like marketing, entertainment, and finance.
At its Phase 2 presale price of just $0.015 per token, Ruvi AI provides a rare ground-floor entry opportunity for high-growth investors. After the presale, Ruvi AI is guaranteed to rise to $0.07 per token, delivering a 50% gain before public trading even begins. Analysts project a $1 valuation post-listing, translating to 109x returns for initial backers. Unlike Shiba Inu’s reliance on meme-culture hype, Ruvi AI’s growth is founded on technology, transparency, and scalability.
$1.8 Million Raised in a Record-Setting Presale
Ruvi AI is already making headlines with its presale achievements, having raised $1.8 million and sold more than 150 million tokens. This traction underscores growing confidence among forward-thinking investors.
A notable feature of Ruvi AI’s presale is its price progression roadmap, a built-in mechanism ensuring long-term sustainability while rewarding early adopters. The jump to $0.07 per token post-presale is pre-planned and not speculative, which ensures stability while attracting both retail and institutional investors.
Shiba Inu’s success has primarily been driven by speculative buzz rather than utility, an Achilles’ heel that’s becoming more apparent as demand shifts toward cryptocurrencies with real-world applications. Ruvi AI, on the other hand, stands out with its blockchain-AI integration, offering actionable solutions in industries like marketing, entertainment, and finance.
At its Phase 2 presale price of just $0.015 per token, Ruvi AI provides a rare ground-floor entry opportunity for high-growth investors. After the presale, Ruvi AI is guaranteed to rise to $0.07 per token, delivering a 50% gain before public trading even begins. Analysts project a $1 valuation post-listing, translating to 109x returns for initial backers. Unlike Shiba Inu’s reliance on meme-culture hype, Ruvi AI’s growth is founded on technology, transparency, and scalability.
$1.8 Million Raised in a Record-Setting Presale
Ruvi AI is already making headlines with its presale achievements, having raised $1.8 million and sold more than 150 million tokens. This traction underscores growing confidence among forward-thinking investors.
A notable feature of Ruvi AI’s presale is its price progression roadmap, a built-in mechanism ensuring long-term sustainability while rewarding early adopters. The jump to $0.07 per token post-presale is pre-planned and not speculative, which ensures stability while attracting both retail and institutional investors.
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Dogecoin, Shiba Inu, Pepe: Are Meme Coins Still Good Investments or Are Traders Looking Elsewhere?
Dogecoin, Shiba Inu and Pepe were once market favourites. However, with conditions tightening in the market and a change of investor mood, their staying power is being questioned by many. Is it worth keeping these coins or is the smarter money shifting to tokens that have real-world applications? Let’s unpack where traders are putting their trust in 2025.
Dogecoin, Shiba Inu and Pepe were once market favourites. However, with conditions tightening in the market and a change of investor mood, their staying power is being questioned by many. Is it worth keeping these coins or is the smarter money shifting to tokens that have real-world applications? Let’s unpack where traders are putting their trust in 2025.
Dogecoin Needs More Than Hype To Stay Competitive
Dogecoin was founded as a joke, but with $88 billion in market capitalization in 2021, it was the meme that ruled the markets. Today, DOGE still carries influence, riding on Elon Musk’s occasional tweets and possible integration with X.
A return to a $100 billion market cap in 2025 would mean hitting $0.71 per coin, which isn’t impossible, but it demands a perfect storm of hype and adoption. Still, DOGE lacks smart contracts, runs slow and has limited real-world use.
Dogecoin was founded as a joke, but with $88 billion in market capitalization in 2021, it was the meme that ruled the markets. Today, DOGE still carries influence, riding on Elon Musk’s occasional tweets and possible integration with X.
A return to a $100 billion market cap in 2025 would mean hitting $0.71 per coin, which isn’t impossible, but it demands a perfect storm of hype and adoption. Still, DOGE lacks smart contracts, runs slow and has limited real-world use.
Shiba Inu Tries To Hold Support As Buyers Return
Shiba Inu (SHIB) has been sliding since its May high near $0.0000179 and now trades around $0.00001172. Although the chart remains bearish, SHIB is finding support against the crucial area marginally above the $0.00001100 mark, which may indicate there is consolidation.
Some traders are eyeing a bounce if the meme coin clears $0.00001200 with strength. Still, with investor attention shifting toward utility tokens, SHIB’s next move may depend more on community hype than fundamentals.
Shiba Inu (SHIB) has been sliding since its May high near $0.0000179 and now trades around $0.00001172. Although the chart remains bearish, SHIB is finding support against the crucial area marginally above the $0.00001100 mark, which may indicate there is consolidation.
Some traders are eyeing a bounce if the meme coin clears $0.00001200 with strength. Still, with investor attention shifting toward utility tokens, SHIB’s next move may depend more on community hype than fundamentals.
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Traders Watch Pepe For A Potential Breakout Move
Pepe Coin is clinging to life near $0.00001002, hovering just above a support level that’s acted like a safety net since early May. After peaking at $0.0000156, its pullback hasn’t scared off buyers entirely. Demand keeps showing up near the $0.0000095 mark.
Still, the sideways drift and shrinking volume hint at indecision. Traders are watching closely, but with new tokens gaining buzz, Pepe now faces the classic meme coin dilemma: hold the line or fade away.
Traders Look Beyond Memes For Long-Term Value
While meme coins like Dogecoin, Shiba Inu and Pepe continue to trade on community hype, some traders are shifting toward tokens with clearer real-world value. Remittix is one of the projects catching serious attention.
It simplifies crypto-to-fiat payments by letting users send digital assets that land as local currency directly into bank accounts. No learning curve, no extra apps and no confusion for the receiver.
With support for dozens of currencies and growing institutional interest, Remittix isn’t riding hype, it’s delivering usability. In a market where utility now matters more than memes, this token is showing real traction.
For investors seeking something beyond speculation, Remittix offers a payment solution that already works, not one that’s still in theory.
Pepe Coin is clinging to life near $0.00001002, hovering just above a support level that’s acted like a safety net since early May. After peaking at $0.0000156, its pullback hasn’t scared off buyers entirely. Demand keeps showing up near the $0.0000095 mark.
Still, the sideways drift and shrinking volume hint at indecision. Traders are watching closely, but with new tokens gaining buzz, Pepe now faces the classic meme coin dilemma: hold the line or fade away.
Traders Look Beyond Memes For Long-Term Value
While meme coins like Dogecoin, Shiba Inu and Pepe continue to trade on community hype, some traders are shifting toward tokens with clearer real-world value. Remittix is one of the projects catching serious attention.
It simplifies crypto-to-fiat payments by letting users send digital assets that land as local currency directly into bank accounts. No learning curve, no extra apps and no confusion for the receiver.
With support for dozens of currencies and growing institutional interest, Remittix isn’t riding hype, it’s delivering usability. In a market where utility now matters more than memes, this token is showing real traction.
For investors seeking something beyond speculation, Remittix offers a payment solution that already works, not one that’s still in theory.
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Shiba Inu Investors Panic As RTX Tops Weekly Gains And Steals Trading Volume From SHIB
As SHIB struggles to maintain momentum in 2025, RTX is gaining ground thanks to its real-world payment utility, with over $15.7 million raised and more than 545 million tokens already sold.
SHIB Slumps As Trading Volume Slides
The Shiba Inu price has remained stuck between $0.000013 and $0.000055 throughout June, disappointing retail holders who expected a rebound following the Shibarium rollout. Despite ongoing ecosystem updates, many whales are reducing exposure due to slowing exchange volume.
Recent forecasts on Cryptonewsz and Changelly predict only modest upside in 2025, with SHIB likely to top out over $0.000023 unless new demand drivers emerge. The meme coin hype appears to be fading fast.
As SHIB struggles to maintain momentum in 2025, RTX is gaining ground thanks to its real-world payment utility, with over $15.7 million raised and more than 545 million tokens already sold.
SHIB Slumps As Trading Volume Slides
The Shiba Inu price has remained stuck between $0.000013 and $0.000055 throughout June, disappointing retail holders who expected a rebound following the Shibarium rollout. Despite ongoing ecosystem updates, many whales are reducing exposure due to slowing exchange volume.
Recent forecasts on Cryptonewsz and Changelly predict only modest upside in 2025, with SHIB likely to top out over $0.000023 unless new demand drivers emerge. The meme coin hype appears to be fading fast.
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Remittix Steals Spotlight With Real Utility
At the same time, Remittix (RTX) has surged to the top of the weekly gainers chart, thanks to rising demand for fast and affordable cross-border payments. A recent CryptoNews report shows traders are rotating out of hype-based tokens and into utility assets like RTX.
RTX enables near-instant fiat off-ramps for freelancers and businesses worldwide. A Nigerian web agency, for example, recently adopted RTX to pay overseas staff in Europe, bypassing the delays and fees of traditional payment networks. Its wallet rollout set for Q3 is expected to boost adoption further.
Analysts Tip RTX For Further Upside
Projections from Analytics Insight and The Tribune point to a potential 10x move by year-end, especially if RTX secures listings and grows its remittance footprint. At $0.0757 per token, many investors still see it as undervalued.
Its strong fundamentals and payment focus have led some experts to label RTX “the next XRP,” and the CryptoDaily article highlights its 2025 upside as one of the most promising in the entire market.
At the same time, Remittix (RTX) has surged to the top of the weekly gainers chart, thanks to rising demand for fast and affordable cross-border payments. A recent CryptoNews report shows traders are rotating out of hype-based tokens and into utility assets like RTX.
RTX enables near-instant fiat off-ramps for freelancers and businesses worldwide. A Nigerian web agency, for example, recently adopted RTX to pay overseas staff in Europe, bypassing the delays and fees of traditional payment networks. Its wallet rollout set for Q3 is expected to boost adoption further.
Analysts Tip RTX For Further Upside
Projections from Analytics Insight and The Tribune point to a potential 10x move by year-end, especially if RTX secures listings and grows its remittance footprint. At $0.0757 per token, many investors still see it as undervalued.
Its strong fundamentals and payment focus have led some experts to label RTX “the next XRP,” and the CryptoDaily article highlights its 2025 upside as one of the most promising in the entire market.
Coinbase Hit With Epic 187,821,350,592 SHIB Transfer: What's Going On?
A Coinbase-linked address has just received back 187,821,350,592 SHIB — the exact amount it had gradually sent to an external wallet over the past month — marking a full reversal of inflows totaling $2.17 million at current prices.
The external address, "0xf3f," started collecting SHIB from Coinbase in early May through a series of regular transactions. The transfers were regular and organized, which makes you think they were either building up or moving money around in-house. But today, the whole balance was returned to Coinbase in one go.
There was no intermediate transfer activity, no splits and no obvious redistribution. It is just a full round-trip to the original exchange, and now the wallet is holding only $0.012 in leftover tokens.
This comes as the SHIB price quotes near $0.00001177 — a level that has been a kind of support since March. The timing of this is interesting because it coincides with a narrowing of the range and an increase in on-chain activity around this zone. There is nothing to suggest that SHIB tokens are being moved to other exchanges or put into custodial cold wallets. The transaction looks more like a contained, closed-loop movement, which might be linked to internal liquidity tests, temporary collateral deployment or pre-execution of larger transfer strategies.
There has not been any more activity from the sending address after the reversal. Once the transfer is done, the wallet is pretty much as good as new — there are not any new inbound or outbound transactions to worry about. It is not clear if the move was planned by one whale or an internal Coinbase team, but the size and simplicity of the transaction makes it different from normal retail or automated flows.
A Coinbase-linked address has just received back 187,821,350,592 SHIB — the exact amount it had gradually sent to an external wallet over the past month — marking a full reversal of inflows totaling $2.17 million at current prices.
The external address, "0xf3f," started collecting SHIB from Coinbase in early May through a series of regular transactions. The transfers were regular and organized, which makes you think they were either building up or moving money around in-house. But today, the whole balance was returned to Coinbase in one go.
There was no intermediate transfer activity, no splits and no obvious redistribution. It is just a full round-trip to the original exchange, and now the wallet is holding only $0.012 in leftover tokens.
This comes as the SHIB price quotes near $0.00001177 — a level that has been a kind of support since March. The timing of this is interesting because it coincides with a narrowing of the range and an increase in on-chain activity around this zone. There is nothing to suggest that SHIB tokens are being moved to other exchanges or put into custodial cold wallets. The transaction looks more like a contained, closed-loop movement, which might be linked to internal liquidity tests, temporary collateral deployment or pre-execution of larger transfer strategies.
There has not been any more activity from the sending address after the reversal. Once the transfer is done, the wallet is pretty much as good as new — there are not any new inbound or outbound transactions to worry about. It is not clear if the move was planned by one whale or an internal Coinbase team, but the size and simplicity of the transaction makes it different from normal retail or automated flows.
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Shiba Inu Price Analysis: 25% SHIB Traders in Profit as Trump Ceasefire Triggers Golden Cross
Shiba Inu price is holding firm above $0.000011 during the early US trading session on Tuesday, June 24, marking a 17% rebound over the last 48 hours. On-chain analytics reveal that this surge, has driven 25% of SHIB holders into profit. With momentum building, how far can the rally extend before encountering resistance?
Shiba Inu Sees 17% Rebound as Trump Calls for Ceasefire in Middle East Crisis
Shiba Inu price has gained 17% in the last two days, outperforming major assets like Bitcoin, which have posted single-digit gains over the same period. This memecoin outperformance is being driven by a wave of renewed investor appetite for high-risk assets, following President Trump’s calls for a ceasefire in the Middle East.
As global markets responded positively to de-escalation headlines, capital flowed into volatile sectors of the crypto market, including memecoins. SHIB benefited directly from this sentiment shift, recording a sharp increase in daily trading volume and technical strength.
The 4-hour candlestick chart now reflects a clear short-term bullish reversal. SHIB has reclaimed the $0.000011 support zone, a level that previously marked a key breakdown point in mid-June.
Shiba Inu price is holding firm above $0.000011 during the early US trading session on Tuesday, June 24, marking a 17% rebound over the last 48 hours. On-chain analytics reveal that this surge, has driven 25% of SHIB holders into profit. With momentum building, how far can the rally extend before encountering resistance?
Shiba Inu Sees 17% Rebound as Trump Calls for Ceasefire in Middle East Crisis
Shiba Inu price has gained 17% in the last two days, outperforming major assets like Bitcoin, which have posted single-digit gains over the same period. This memecoin outperformance is being driven by a wave of renewed investor appetite for high-risk assets, following President Trump’s calls for a ceasefire in the Middle East.
As global markets responded positively to de-escalation headlines, capital flowed into volatile sectors of the crypto market, including memecoins. SHIB benefited directly from this sentiment shift, recording a sharp increase in daily trading volume and technical strength.
The 4-hour candlestick chart now reflects a clear short-term bullish reversal. SHIB has reclaimed the $0.000011 support zone, a level that previously marked a key breakdown point in mid-June.
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SHIB Regains 25% Holder Profitability Ratio as $0.000015 Resistance Looms Large
Amid Trump’s calls, SHIB’s improved profitability has dampened short-term capitulation risk and potentially opens the door to another leg higher.
Before the current price recovery, SHIB’s profitability ratio had fallen below 25%, heightening fears of a possible capitulation. However, data from IntoTheBlock’s “In/Out of the Money Around Price” metric which groups all existing holders of a cryptocurrency by their entry prices, reveals that Shiba Inu investors reclaimed the critical profitability ratio amid the ongoing 17% market rebound.
The latest data shows that 26.97% of SHIB holders are now in profit, having acquired 26.8 trillion SHIB below current price levels. In contrast, 73.32% of SHIB investors are still holding at a loss, with another 0.86% at breakeven.
Notably, the chart also shows the largest resistance zone lies at $0.000012, where 30,470 addresses acquired a whopping 33.66 trillion SHIB. Shiba Inu price recovery could hit a major roadblock at $0.000012 if these holder traders look to exit at break even point.
This profitability zone historically acts as a psychological threshold that triggers broader market participation or resistance. It remains to be seen if bulls will flip this wall, advance towards the $0.000015 level.
Amid Trump’s calls, SHIB’s improved profitability has dampened short-term capitulation risk and potentially opens the door to another leg higher.
Before the current price recovery, SHIB’s profitability ratio had fallen below 25%, heightening fears of a possible capitulation. However, data from IntoTheBlock’s “In/Out of the Money Around Price” metric which groups all existing holders of a cryptocurrency by their entry prices, reveals that Shiba Inu investors reclaimed the critical profitability ratio amid the ongoing 17% market rebound.
The latest data shows that 26.97% of SHIB holders are now in profit, having acquired 26.8 trillion SHIB below current price levels. In contrast, 73.32% of SHIB investors are still holding at a loss, with another 0.86% at breakeven.
Notably, the chart also shows the largest resistance zone lies at $0.000012, where 30,470 addresses acquired a whopping 33.66 trillion SHIB. Shiba Inu price recovery could hit a major roadblock at $0.000012 if these holder traders look to exit at break even point.
This profitability zone historically acts as a psychological threshold that triggers broader market participation or resistance. It remains to be seen if bulls will flip this wall, advance towards the $0.000015 level.
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Shiba Inu Price Forecast: Golden Cross, MACD Support Bullish Continuation
Shiba Inu’s 4-hour price chart confirms a Golden Cross, with the short-term 60-period simple moving average (yellow) crossing above the long-term 200-period average (red), signaling the start of a bullish trend.
This formation often precedes significant upward momentum, especially when backed by volume and broader market tailwinds.
Supporting this narrative, the Parabolic SAR dots have flipped below the current price, validating the bullish reversal.
The MACD (Moving Average Convergence Divergence) also shows strong upward momentum, with the MACD line (blue) pulling away from the signal line (orange) and histogram bars expanding, signaling strengthening bullish pressure.
From the June 22 swing low to the June 24 high, SHIB gained 16.83%, reaching $0.0000117 with strong volume (~3.92 trillion SHIB traded).
If momentum sustains, a breakout above $0.000012 could extend toward $0.0000135, the next key resistance. On the downside, $0.0000108 remains the key support level to watch, with the SAR baseline and previous consolidation zone offering strong buying interest.
Shiba Inu’s 4-hour price chart confirms a Golden Cross, with the short-term 60-period simple moving average (yellow) crossing above the long-term 200-period average (red), signaling the start of a bullish trend.
This formation often precedes significant upward momentum, especially when backed by volume and broader market tailwinds.
Supporting this narrative, the Parabolic SAR dots have flipped below the current price, validating the bullish reversal.
The MACD (Moving Average Convergence Divergence) also shows strong upward momentum, with the MACD line (blue) pulling away from the signal line (orange) and histogram bars expanding, signaling strengthening bullish pressure.
From the June 22 swing low to the June 24 high, SHIB gained 16.83%, reaching $0.0000117 with strong volume (~3.92 trillion SHIB traded).
If momentum sustains, a breakout above $0.000012 could extend toward $0.0000135, the next key resistance. On the downside, $0.0000108 remains the key support level to watch, with the SAR baseline and previous consolidation zone offering strong buying interest.
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Crypto Price Prediction Today 24 June – SHIB, TON, PEPE
The crypto sector is once again buzzing with renewed price optimism on news of a ceasefire between Israel and Iran this morning.
Global tensions had flipped investors, both traditional and crypto, into a risk-off outlook, effectively curtailing what looked like a new market-wide breakout after Bitcoin surged to an unprecedented high of $111,814 last month.
Despite the pullback, early indications of a recovery have emerged with the global crypto market adding 2% to its now-$3.37 trillion market cap.
Several top-performing meme coins—such as Pepe, Trump, SPX6900, and FartCoin—have already achieved new record highs recently, possibly foreshadowing a bullish wave across the altcoin market.
With investors repositioning for the next potential surge, attention is increasingly centering on specific crypto altcoins that may be on the verge of fresh price discoveries in the coming months.
The crypto sector is once again buzzing with renewed price optimism on news of a ceasefire between Israel and Iran this morning.
Global tensions had flipped investors, both traditional and crypto, into a risk-off outlook, effectively curtailing what looked like a new market-wide breakout after Bitcoin surged to an unprecedented high of $111,814 last month.
Despite the pullback, early indications of a recovery have emerged with the global crypto market adding 2% to its now-$3.37 trillion market cap.
Several top-performing meme coins—such as Pepe, Trump, SPX6900, and FartCoin—have already achieved new record highs recently, possibly foreshadowing a bullish wave across the altcoin market.
With investors repositioning for the next potential surge, attention is increasingly centering on specific crypto altcoins that may be on the verge of fresh price discoveries in the coming months.
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Shiba Inu ($SHIB): Could Ethereum’s Leading Meme Coin See a Triple in Value This Season?
Since its introduction in August 2020, Shiba Inu ($SHIB) has cemented its status as the second most prominent meme token after Dogecoin, now boasting a market cap nearing $6.9 billion.
SHIB has shot up 8% over the past 24 hours, hovering at approximately $0.00001171 as of this writing. Technical analysts are highlighting two bullish chart formations: a falling wedge stretching from November to March and a bullish flag forming since mid-May, both of which point toward a potential breakout.
If SHIB manages to overcome key resistance near $0.000022 and benefits from favorable market momentum, it could climb past $0.00003 this summer. Should the rally gain traction, some forecasts suggest the token could even reach between $0.00006 and $0.00009 before the year’s close.
What differentiates SHIB from many other meme-based projects is its focus on real-world integration. Built atop Ethereum, SHIB powers the Shibarium network—an exclusive Layer-2 solution aiming to reduce transaction fees, speed up execution, and enhance scalability and user privacy.
Since its introduction in August 2020, Shiba Inu ($SHIB) has cemented its status as the second most prominent meme token after Dogecoin, now boasting a market cap nearing $6.9 billion.
SHIB has shot up 8% over the past 24 hours, hovering at approximately $0.00001171 as of this writing. Technical analysts are highlighting two bullish chart formations: a falling wedge stretching from November to March and a bullish flag forming since mid-May, both of which point toward a potential breakout.
If SHIB manages to overcome key resistance near $0.000022 and benefits from favorable market momentum, it could climb past $0.00003 this summer. Should the rally gain traction, some forecasts suggest the token could even reach between $0.00006 and $0.00009 before the year’s close.
What differentiates SHIB from many other meme-based projects is its focus on real-world integration. Built atop Ethereum, SHIB powers the Shibarium network—an exclusive Layer-2 solution aiming to reduce transaction fees, speed up execution, and enhance scalability and user privacy.
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