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SHIB Poised for Potential 2x Surge as Meme Coin Momentum Builds

SHIB Poised for Potential 2x Surge as Meme Coin Momentum Builds

Author:
SHIB News
Published:
2025-05-15 12:12:44
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is showing strong signs of a breakout, with technical analysis indicating a potential doubling in price as meme coin enthusiasm reignites. Currently trading around $0.00001500 USDT, SHIB has rebounded from its April lows near $0.00001070, showcasing resilience in a volatile market. With a market capitalization of $9.6 billion and daily trading volume reaching $530 million, SHIB remains a dominant player in the meme coin space. Macroeconomic factors, including a de-escalation in trade tensions, further support the bullish outlook for SHIB. As of May 15, 2025, investors are closely watching for the anticipated rally that could propel SHIB to new heights.

Shiba Inu Price Analysis: SHIB Primed for 2x Rally as Meme Season Resurges

Shiba Inu (SHIB) shows signs of a potential breakout, with technical analysis suggesting a doubling in price amid renewed meme coin enthusiasm. The token currently trades around $0.000016, having rebounded from April lows NEAR $0.00001070. Market capitalization stands at $9.6 billion, supported by $530 million in daily trading volume.

Macroeconomic tailwinds bolster the bullish case. Recent de-escalation in trade wars—including tariff reductions between the US and China—has improved risk appetite across speculative assets. This aligns with historical patterns where meme coins thrive in low-rate, high-liquidity environments.

Shiba Inu Price Prediction: 91T Age Consumed Supports 25% SHIB Rally

Shiba Inu price consolidates at $0.000015 after a 3.6% correction on Wednesday. Market volatility was triggered by a Chinese firm’s $300 million acquisition of Trump’s official memecoin, sparking sector-wide jitters.

Despite the dip, 91.4 trillion SHIB Age Consumed signals strong resilience among long-term holders. The token closed above the critical $0.000015 support level, underscoring underlying demand.

The memecoin sector remains sensitive to large-scale transactions, particularly those involving politically charged assets. SHIB’s ability to hold key support suggests a potential 25% rally if bullish momentum resumes.

Shiba Inu Faces 14.35% Decline Prediction Amid Market Turbulence

Shiba Inu’s price is projected to drop 14.35% to $0.00001295 by May 20, 2025, from its current level of $0.00001500. The memecoin recently weathered a 3.6% correction amid broader market volatility, though it held critical support at $0.000015.

Technical indicators present a neutral outlook despite a 70 (Greed) reading on the Fear & Greed Index. The correction follows sector-wide selling triggered by controversy around a Chinese firm’s $300 million TRX-related activity.

Shiba Inu Whale Activity Plummets Amid Market Volatility

Shiba Inu’s large transaction volumes collapsed by 49% in a single day, sparking speculation about whale departures. The meme coin had seen resurgent interest from major investors as prices climbed above $0.000017 earlier this month, with $100 million worth of SHIB moving in block-sized trades on May 12.

Data from IntoTheBlock reveals a sudden reversal in this trend, with whale participation dropping precipitously. The decline follows a period of sustained accumulation, where 6.35 trillion SHIB changed hands in high-value transactions during the token’s recent rally.

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