Shiba Inu Breakout Could Trigger 115% Surge to $0.00001780
Shiba Inu (SHIB) is back in the spotlight as it finally breaks out of a prolonged downtrend. After months of sideways movement and investor uncertainty, SHIB has sparked renewed excitement across the crypto space. Analysts are now predicting a sharp rally, and recent developments may support that bullish case. SHIB Breaks Key Resistance After Months in a Downtrend SHIB has struggled to escape a descending channel that formed in late 2023. This pattern kept the token trapped, limiting upward momentum. However, Shiba Inu recently broke out of this long-standing channel, signaling a potential trend reversal. Analysts believe this breakout confirms growing bullish sentiment and sets the stage for upward movement. At the time of writing, SHIB trades around $0.00001439. This price level reflects a slight dip, yet the breakout remains valid. According to World of Charts, this breakout could push SHIB toward $0.00001780. Reaching that level would represent a 115% increase from current prices. If momentum continues, SHIB may even double before the end of Q2 2025. Burn Rate Explosion Adds Fuel to the Rally One of the most bullish catalysts is SHIB’s recent burn activity. According to Shibburn, SHIB’s burn rate surged by 57,091% in just 24 hours. During this period, over one billion SHIB tokens were permanently removed from circulation. This sharp increase in burns caught the attention of traders and long-term holders alike. Burning tokens reduces the total supply, creating scarcity in the market. When supply decreases while demand remains strong, prices typically move higher. In SHIB’s case, this burn frenzy may help kickstart a new upward cycle. The SHIB community has long supported the burn strategy, and these latest results reinforce their effectiveness. SHIB Holds Support as RSI Moves Into Bullish Territory While price movement is crucial, technical indicators provide additional insight into SHIB’s momentum. The Relative Strength Index (RSI) recently climbed above 58.7, signaling increased buying pressure. This is a significant improvement compared to the oversold levels seen in February and early March. At the same time, SHIB is holding above a key support level around $0.00001300. Staying above this zone gives bulls a strong base to build from. The combination of strong RSI and support hold indicates favorable conditions for a sustained rally. Traders are watching closely to see if SHIB can maintain this strength in the coming weeks. Analysts Eye 2x Gain as Momentum Builds With several bullish signals aligning, analysts now predict a possible 2x rally for SHIB in the near term. A successful move past $0.00001780 could open the door to higher price targets. Some forecasts even suggest SHIB could reach $0.000028 if broader market conditions remain favorable. This scenario depends on sustained community engagement, continued token burns, and overall crypto market recovery. SHIB benefits from a loyal user base and strong social media presence, both of which can drive renewed interest. As attention shifts back to altcoins, SHIB may emerge as one of the top performers in Q2 2025. Why Now Might Be a Strategic Time to Watch SHIB The timing of this breakout is crucial. Bitcoin’s price stability has encouraged more traders to explore alternative tokens. Meme coins like SHIB, which offer strong community backing and speculative upside, often perform well in such environments. With the burn rate soaring and momentum returning, SHIB presents a compelling narrative. Investors are no longer watching passively. Many are repositioning their portfolios in anticipation of a strong altcoin season. If SHIB maintains its trajectory, it could become a leader in this next wave. Traders looking for high-risk, high-reward opportunities are paying close attention. Prepare for a Potential SHIB Rally in Q2 2025 As SHIB breaks through key technical barriers, market confidence continues to rise. The recent 57,091% burn rate increase adds fundamental weight to the bullish outlook. Analysts now point to $0.00001780 as a short-term target, with the possibility of a 2x surge on the horizon. Read Also: Shiba Inu Whales in Profit: 130 Trillion SHIB May Signal Imminent Breakout For now, SHIB remains above its critical support and shows signs of building momentum. If this trend holds, Shiba Inu could become one of the most talked-about tokens of Q2 2025. Whether you’re holding, trading, or observing, SHIB deserves a spot on your radar.
Shiba Inu Burns 14 Million Tokens in 24 Hours as SHIB OS Sparks New Blockchain Hype
Shiba Inu (SHIB) continues to stir up the crypto market with a sharp increase in its burn activity and ongoing developments around its ecosystem. Over the past 24 hours, the SHIB burn rate skyrocketed by 495%, removing 14,052,230 SHIB from circulation, according to Shibburn on X’s (formerly Twitter) data. Burn Rate Soars, But Weekly Stats Tell a Different Story This sudden spike in the burn rate signals renewed enthusiasm among community members who remain committed to reducing SHIB’s circulating supply. Token burning has long been viewed as a deflationary tactic that can potentially support price growth by tightening supply over time. Despite the impressive daily figure, the broader weekly picture paints a more subdued outlook. Over the last seven days, only 59,809,225 SHIB were burned, marking an 89.36% drop compared to the previous week. The discrepancy between short-term and weekly figures suggests that while there are bursts of community-led activity, the long-term burn momentum still faces inconsistencies. Market Correction Weighs on SHIB’s Price At the time of writing, Shiba Inu was trading at $0.00001252, reflecting a 2.80% decline over the past 24 hours. This downward move aligns with the overall crypto market trend, which saw a 2.15% drop in total market capitalization. Bitcoin and other major tokens also fell, following profit-taking in Friday’s early trading hours after Thursday’s temporary rise. Earlier this week, the Federal Open Market Committee (FOMC) meeting briefly lifted market sentiment, though no interest rate cuts were announced. Despite that, SHIB remained locked in a tight consolidation pattern since March 18, fluctuating between $0.0000122 and $0.000013 as traders wait for clearer market signals. SHIB OS: A Potential Blockchain Game-Changer Adding a new layer of excitement to the Shiba Inu ecosystem, team member Lucie recently introduced SHIB OS, a developing blockchain technology to make crypto more functional for real-world use. Two innovative layers power SHIB OS: These layers aim to improve blockchain efficiency for businesses, governments, and individuals. Potential use cases include supply chain optimization, government digital services, and cost-effective financial transactions with faster settlement times. Related article: Shiba Inu to $0.00001320? 8% Rally in Sight as Bulls Take Control Final Thoughts: Burn Momentum Meets Tech Ambition While SHIB’s price remains under pressure amid a broader market cooldown, the significant spike in burn activity combined with the innovative ambitions of SHIB OS could act as long-term catalysts. As the community continues to focus on reducing supply and developers work to deliver meaningful infrastructure, Shiba Inu may be setting the stage for future relevance far beyond meme coin status. For now, investors are watching closely. If burn rates remain consistent and SHIB OS delivers on its promise, this could mark a turning point in the token’s utility and valuation.
25.5 Billion SHIB on the Move – Are Whales Accumulating or Selling?
Blockchain tracking platform Etherscan has detected a surge in Shiba Inu transactions over the past few hours. Data shows that nearly 30 billion SHIB coins have been transferred between anonymous wallets, including major cryptocurrency exchanges. This activity raises speculation about whether whales are accumulating or selling their holdings. Large-Scale SHIB Transfers Indicate Whale Activity Several significant transactions have moved billions of SHIB, with each transfer carrying substantial amounts. Some transactions were smaller, involving at least 340 million SHIB. However, the largest transfers included: These transactions link back to large exchanges such as OKX and Binance, confirming that institutional players and major investors are reshuffling their positions. While SHIB’s price has been on a downward trend, some whales have chosen to accumulate, while others have opted to sell billions of tokens. This influx of movement suggests that investors are responding to market conditions, possibly positioning themselves for future price action. If accumulation continues, it could signal confidence in SHIB’s long-term potential. On the other hand, the selling pressure might indicate a strategy to capitalize on previous gains before further declines. SHIB Team Responds to Unethical Crypto Practices As SHIB transactions gained momentum, the Shiba Inu marketing lead, Lucie, addressed concerns over unethical practices in the cryptocurrency market. She criticized those engaging in “shady crypto practices” and pointed out the “schizophrenic behavior” of individuals manipulating rules to serve their interests. Lucie reassured the SHIB community that the team remains committed to ethical standards. She emphasized that Shiba Inu does not maliciously target competitors. Instead, the team focuses on building, improving, and ensuring the safety of its users. What’s Next for SHIB? With billions of SHIB shifting hands, market participants remain divided on the coin’s short-term direction. Some investors see this as an opportunity to buy at a discount, while others fear further price drops. Whether accumulation or selling prevails, SHIB’s price movement in the coming days will reflect the outcome of these major transactions.
