SHIB News: Shiba Inu Poised for Potential 12X Surge Amid Declining Exchange Holdings

Cryptocurrency enthusiasts are buzzing with excitement as Shiba Inu (SHIB) shows signs of a potential major breakout. After a period of consolidation, SHIB has surged, with one analyst predicting a whopping 12X increase in value. Here’s what you need to know about this intriguing development.

Shiba Inu Likely to Explode 12X as SHIB Exchange Holdings Plummet

Shiba Inu (SHIB) is surging once again after a prolonged period of consolidation. Early Wednesday, it climbed over 13% to tap $0.00001564 and extend its weekly gains. Despite the prior stagnation, several underlying factors suggest the asset may be gearing up for an even larger breakout. One of the most compelling signals comes from CryptoQuant data, which reveals a sharp decline in SHIB’s exchange reserves. At the start of 2025, centralized exchanges held roughly 135.3 trillion SHIB tokens. That number has since plummeted to just 96 trillion, indicating a shift toward accumulation and a significant reduction in selling pressure. Notably, a dwindling exchange supply is often seen as a bullish indicator, reinforcing the idea that investors are opting to store their holdings rather than liquidate them.

Shiba Inu Breaks Through Barriers, Set for Significant Surge

Shiba Inu (SHIB) recently saw a surge in value, hitting a high of $0.0001561. Although it experienced a pullback, it remains up 5% in the last 24 hours, currently trading at $0.00001431. Trading volume surged 200% to $594.83M, suggesting potential bullish continuation. A confirmed falling wedge breakout indicates SHIB could see further upside after retesting. Breaking above the MA 50 may push SHIB toward $0.0000185, $0.0000211, and $0.0000246. Overall market volatility, including Bitcoin’s pullback after a huge surge, has impacted SHIB’s price.

Shiba Inu Set for 20% Rally if It Breaks Critical Resistance

Shiba Inu (SHIB) price shows signs of a strong recovery, with technical indicators and on-chain data signaling an upcoming rally. The price is nearing a crucial resistance level at $0.0000134, and a confirmed breakout could spark a sharp upward movement. Analysts predict a 20% price jump if Shiba Inu breaches this key barrier soon. The daily market close found the coin at $0.00001380, producing a 2.00% increase and moving towards the upper Bollinger Band area, indicating buyers’ confidence in a potential breaking point.

Trader Who Called SHIB’s 26,000% Surge Eyes Lightchain AI

A trader who accurately predicted Shiba Inu’s (SHIB) 26,000% surge in 2021 is now focusing on Lightchain AI. Combining blockchain technology with AI, Lightchain AI has already raised $17.2 million during its presale at $0.006. Experts are noting similar bullish indicators as seen with SHIB, positioning Lightchain AI as a potential high-growth candidate under $0.10.