SHIB Poised for a 1,000% Surge: Breakout Imminent as Key Resistance Nears
Shiba Inu (SHIB) is currently exhibiting a tight consolidation pattern within a multi-year weekly triangle, sparking speculation among analysts about a potential massive breakout. Trading at $0.00001309 as of August 2025, SHIB is testing crucial support at $0.00001045 while facing immediate resistance at $0.00001678. A decisive close above the Point of Control at $0.00002527 could confirm bullish momentum, potentially propelling SHIB toward a staggering 1,053% rally to $0.000150. This breakout would not only mark a significant milestone for the meme coin but also eclipse its previous all-time highs. Market watchers are closely monitoring SHIB's price action, as the cryptocurrency's ability to hold key support levels and break through resistance could signal the start of a new bullish phase. The coming weeks are critical for SHIB, as a successful breakout could attract renewed investor interest and solidify its position in the competitive crypto market.
Shiba Inu Eyes Potential 1,000% Surge Amid Tight Consolidation
Shiba Inu's price action is compressing within a multi-year weekly triangle pattern, with analysts flagging a potential breakout toward $0.000150—a 1,053% rally from current levels. The meme coin trades at $0.00001309, testing critical support at $0.00001045 while facing immediate resistance at $0.00001678.
A decisive close above the Point of Control at $0.00002527 could confirm bullish momentum, potentially eclipsing SHIB's 2021 all-time high of $0.00008616. The stochastic RSI suggests brewing volatility, though traders await confirmation of either continuation or rejection at pattern boundaries.
Shiba Inu Developer Addresses LEASH Token Supply Controversy
Shiba Inu's LEASH token unexpectedly saw a 10% supply increase on August 11, 2025, triggering concerns about centralization within the ecosystem. Developer Kaal Dhairya clarified that a hidden rebase function in the smart contract caused the adjustment, contradicting previous assurances that rebasing was disabled.
The community had operated under the assumption that LEASH's supply was fixed. This revelation has sparked debates about developer control and the need for transparency. A potential vote by the LEASH DAO on a new token contract looms as a solution to prevent further unannounced supply changes.
Shiba Inu Burn Rate Surge Signals Potential Price Breakout
Shiba Inu's price surged 4.42% to $0.0000135 amid a staggering 48,000% increase in token burns. Whale activity spiked 188%, suggesting growing institutional interest in the meme coin.
A double-bottom pattern has formed since May, with strong support at $0.000010. The current resistance level at $0.0000159 represents a critical threshold—a breakout could propel SHIB toward $0.0000254, marking a 59% upside potential.
The dramatic burn rate acceleration and technical formation combine to create one of SHIB's most bullish setups in months. Market participants are watching the $0.0000159 level closely for confirmation of continued upward momentum.
Long-Term Shiba Inu Holders Could See Substantial Returns by 2050
Despite recent underperformance, shiba inu (SHIB) remains a focal point for patient investors eyeing long-term gains. Market analysts emphasize the potential of extended holding periods to transform modest investments into significant wealth. The strategy mirrors the success of early adopters during the 2020/2021 bull run, though newcomers may need decades to achieve comparable results.
At current prices—$0.00001388 per token—accumulating 10 million, 100 million, or 500 million SHIB requires $138, $1,388, and $6,940, respectively. Data from IntoTheBlock reveals 298,520 addresses hold 10–100 million tokens, while 69,560 wallets contain 100 million to 1 billion SHIB. The token’s 5.88% daily surge aligns with a broader crypto market rebound, underscoring its volatility and speculative appeal.
