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SHIB Price Surge: Whale Activity Sparks $0.000045 Breakout Speculation

SHIB Price Surge: Whale Activity Sparks $0.000045 Breakout Speculation

Author:
SHIB News
Published:
2025-05-23 14:35:14
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is capturing market attention as a massive 576 trillion token surge fuels bullish sentiment, with analysts predicting a potential breakout to $0.000045. On-chain data highlights aggressive whale accumulation, with over 530 trillion SHIB tokens now held in large wallets. Exchange reserves have also dropped by 5 trillion to 141 trillion SHIB, indicating a tightening supply. As of May 23, 2025, SHIB is trading at $0.00001502 USDT, setting the stage for a possible upward trajectory.

Shiba Inu (SHIB) Price Prediction: Whale Activity Fuels Speculation of $0.000045 Breakout

Shiba Inu’s recent 576 trillion token surge has reignited bullish sentiment in the meme coin market, with analysts eyeing a potential breakthrough to $0.000045. On-chain data reveals whale wallets now hold over 530 trillion SHIB tokens, signaling aggressive accumulation.

Exchange reserves have dropped by 5 trillion to 141 trillion SHIB, suggesting a tightening supply. The coin traded at $0.000015, up 3.65% in 24 hours, as large-scale investors appear to be positioning for what could become a supply squeeze.

Shiba Inu (SHIB) Price Prediction: Is $0.00003 Next?

The shiba inu ecosystem is poised for a pivotal evolution with its upcoming Shibarium blockchain upgrade, aimed at enhancing decentralization and reinforcing its position in the DeFi landscape. Market sentiment remains divided, casting uncertainty over SHIB’s near-term trajectory.

SHIB trades at $0.00001543, reflecting a 1.01% daily gain and a 12.4% monthly surge. Technical indicators suggest bullish momentum, with the token breaking key resistance levels on the 4-hour chart. Analysts eye $0.00003 as the next psychological threshold.

SHIB Slides Below Key Averages, Eyes Critical Support at $0.00001408

Shiba Inu (SHIB) has entered a short-term bearish phase, slipping below crucial moving averages to trade at $0.00001470—a 1.30% decline in the past 24 hours. The meme token failed to sustain momentum after rejecting resistance at $0.00001577, now threatening to test support at $0.00001408.

Technical indicators signal weakening conviction. The RSI at 45.54 shows fading buying pressure, while the MACD nears a bearish crossover—both suggesting further downside potential. Market participants watch for whether SHIB can defend its critical support level or extend losses in the meme coin sector.

Shiba Inu Faces Mixed Signals as Traders Explore Alternatives

Shiba Inu (SHIB), a leading meme coin, shows resilience with a 2% weekly gain despite recent volatility. The token rebounded from a low of $0.00001398 to trade above $0.000015, supported by a 400% surge in trading volume.

Technical indicators paint a conflicting picture. The 4-hour chart suggests potential short-term weakness as the 50-day moving average declines, while broader market sentiment remains cautiously optimistic. Traders appear divided between SHIB’s meme coin appeal and newer projects offering stronger fundamentals.

Market participants are actively evaluating alternatives, particularly presale tokens with clearer utility propositions. This shift reflects growing sophistication among crypto traders who increasingly balance speculative plays with value-driven investments.

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