The Shibburn tracker reveals that 71,297,136 SHIB were burned over the last 7 days, representing a +449.66% surge in burn activity. The token supply is shrinking weekly, fueling bullish sentiment among the SHIB Army. Current price action holds SHIB near $0.000012 despite broader market uncertainty. Analysts note that maintaining strong burn pressure could push the price toward $0.000014–$0.000015 zones. The next leg of the rally may depend heavily on continued token destruction.
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The competition between SHIB and DOGE is intensifying as SHIB doubles down on utility and burn mechanisms. SHIB recently fell nearly 5% amid broader market weakness and profit taking. The community has responded by accelerating burn initiatives to reduce circulating supply. Unlike DOGE, SHIB has a deflationary angle that many supporters believe will give it an edge. The battle between meme coins is shifting from hype to fundamentals.
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SHIB slumps nearly 5% — why the dip?
Shiba Inu dropped about 5% in a single session, catching investor attention. The decline is attributed to profit taking and general market volatility. Some traders speculate that the dip signals exhaustion from recent push attempts. Despite the fall, SHIB is still hovering around key support levels. If the drop continues, stability zones near $0.0000115 may be tested next.
Shiba Inu dropped about 5% in a single session, catching investor attention. The decline is attributed to profit taking and general market volatility. Some traders speculate that the dip signals exhaustion from recent push attempts. Despite the fall, SHIB is still hovering around key support levels. If the drop continues, stability zones near $0.0000115 may be tested next.
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Analyst sees breakout potential — key zone $0.00001760
After an extended consolidation period, a chart analyst predicts SHIB might “discharge” in momentum soon. The key breakout zone is identified at around $0.00001760, which, if breached, could signal a strong upward move. SHIB has been trapped in a tight range since April, struggling to produce sustained momentum. If a breakout occurs, it could trigger renewed interest from momentum traders. Otherwise, another retest of support is possible.
After an extended consolidation period, a chart analyst predicts SHIB might “discharge” in momentum soon. The key breakout zone is identified at around $0.00001760, which, if breached, could signal a strong upward move. SHIB has been trapped in a tight range since April, struggling to produce sustained momentum. If a breakout occurs, it could trigger renewed interest from momentum traders. Otherwise, another retest of support is possible.
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SHIB set for a 10× breakout toward new ATH
BraveNewCoin and technical analysts suggest SHIB is primed for a significant run, possibly erasing a zero from its price. On-chain data supports this view: volume surged ~70% in 24 hours, signaling renewed investor interest. However, active holder counts dipped slightly — a possible sign of caution. SHIB’s burn mechanisms remain a core bullish narrative. If momentum aligns with strong burns and ecosystem growth, the path to a major breakout may be open.
BraveNewCoin and technical analysts suggest SHIB is primed for a significant run, possibly erasing a zero from its price. On-chain data supports this view: volume surged ~70% in 24 hours, signaling renewed investor interest. However, active holder counts dipped slightly — a possible sign of caution. SHIB’s burn mechanisms remain a core bullish narrative. If momentum aligns with strong burns and ecosystem growth, the path to a major breakout may be open.
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Over 142 billion SHIB were withdrawn from centralized exchanges in the past 24 hours — one of the largest outflows in recent months. Analysts suggest whales are moving funds to cold wallets, signaling long-term holding. Reduced exchange supply could ease selling pressure and tighten liquidity. If this trend continues, a supply squeeze could spark a mid-term rebound. Still, traders remain cautious amid low volume.
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SHIB’s liquidity has dropped sharply, increasing the risk of large price swings. As more tokens leave exchanges, order books thin out, meaning even small trades can move the market. This low-liquidity environment often leads to unpredictable volatility. Analysts warn that without renewed demand, SHIB could face steep short-term corrections. Stability may only return with stronger market inflows.
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SHIB is currently consolidating between $0.000012 and $0.000013, forming a tightening triangle pattern. Historically, such setups precede strong breakouts. If bulls push above $0.000014, momentum could carry SHIB toward $0.000015–$0.000016. A breakdown below support might target $0.0000115. Traders are watching closely for confirmation signals on the daily chart.
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Shibarium activity rebounds after minor downtime
After a brief downtime last week, Shibarium, Shiba Inu’s Layer-2 network, has returned to normal operations. Daily transactions are back above 800K, suggesting strong community engagement. Developers confirmed multiple dApps are launching this month, focusing on NFT and gaming integration. The quick recovery highlights the project’s growing technical resilience. This rebound restored confidence among active users.
After a brief downtime last week, Shibarium, Shiba Inu’s Layer-2 network, has returned to normal operations. Daily transactions are back above 800K, suggesting strong community engagement. Developers confirmed multiple dApps are launching this month, focusing on NFT and gaming integration. The quick recovery highlights the project’s growing technical resilience. This rebound restored confidence among active users.
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On-chain data shows several large wallets accumulated more than 22 billion SHIB within two days. Such accumulation phases often precede bullish rallies if retail traders join in. Analysts view this as a quiet accumulation period before potential upside. However, caution remains, as whales can also trigger sudden sell-offs. Overall sentiment is leaning moderately bullish.
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The SHIB burn tracker reported a 280% surge in token burns, totaling more than 170 million SHIB in one day. Community-led burn projects and transaction-based burns contributed to the spike. While the absolute numbers are still small compared to total supply, the uptick boosts morale. If the burn rate stays elevated, price pressure could gradually build. The community celebrates it as another step toward long-term scarcity.
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Shiba Inu’s team has warned users about phishing scams and fake airdrops targeting holders. Malicious actors are distributing counterfeit SHIB tokens with links to fraudulent websites. Developers urge users not to connect wallets to unknown platforms. The warning follows a rise in scam reports since September. Official channels confirmed no new SHIB airdrops are planned.
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A recent exploit attempt on the Shibarium bridge led to temporary suspension of operations. Around $4 million in assets were targeted, but developers quickly froze suspicious transactions. The team has since implemented new safety layers and hardware wallet integration. This incident highlighted the need for better DeFi security measures. Despite the scare, the network resumed smoothly after the patch.
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Exchange reserves hit lowest point since 2023
SHIB reserves on major exchanges have dropped to their lowest level since 2023, currently around 84.5 trillion tokens. This metric suggests accumulation and reduced selling pressure. Lower available supply could amplify future price moves if demand returns. Analysts describe this as a “quiet phase before volatility.” Long-term investors appear to be holding rather than trading.
SHIB reserves on major exchanges have dropped to their lowest level since 2023, currently around 84.5 trillion tokens. This metric suggests accumulation and reduced selling pressure. Lower available supply could amplify future price moves if demand returns. Analysts describe this as a “quiet phase before volatility.” Long-term investors appear to be holding rather than trading.
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According to several technical indicators, SHIB shows a mildly bearish bias for the week. Momentum oscillators remain flat, while volume is below average. Some traders expect a small correction before any meaningful recovery. However, strong on-chain metrics and burn activity limit downside potential. Overall, sentiment remains neutral with a tilt toward cautious optimism.
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Shiba Inu enthusiasts are once again discussing the $0.0001 “dream target.” Hitting that level would require an enormous market cap surge, which analysts deem unrealistic without major token burns. Still, the narrative keeps social engagement high across SHIB forums and Telegram groups. For many holders, this goal represents belief in long-term potential. Realistically, experts see modest upside near $0.00002–$0.00003 in 2025.
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Meme coin activity is heating up again, and SHIB is benefiting from the wave. Trading volume has climbed 15% this week, while social mentions spiked across crypto media. The return of retail enthusiasm could lift short-term prices if sustained. SHIB remains one of the few meme coins with active development through Shibarium. Traders are calling this “the calm before the next run.”
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SHIB’s liquidity on centralized exchanges has fallen to its lowest level in years, with only around 82 trillion tokens available. This decline in exchange reserves could lead to reduced selling pressure and a tighter market. Analysts suggest that whales are moving tokens to cold wallets, signaling long-term holding sentiment. However, weak trading volumes still limit upward potential. If accumulation continues, SHIB might experience a supply-driven breakout later this quarter.
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Shiba Inu’s burn mechanism has seen a 24-hour surge, with nearly 30 million tokens permanently removed from circulation. The daily burn rate jumped by more than 80,000%, showing renewed engagement from the community. Although the absolute burn number is small compared to the 589 trillion total supply, it represents a strong signal of commitment. Consistent burns could help gradually build price pressure over time. Traders view this as a positive long-term indicator.
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SHIB’s chart is forming higher lows, and the token has regained short-term moving averages. Analysts point to potential breakout zones around $0.0000113 and $0.0000140, which could yield a 25–35% upside if confirmed. Momentum indicators are turning neutral, suggesting possible accumulation. A sustained increase in volume will be key for confirmation. Until then, SHIB is expected to remain in a consolidation phase.
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