SHIB Breakout: Shiba Inu Surges 7.7% as Buyers Eye Trend Reversal

Shiba Inu (SHIB) has sparked renewed bullish momentum with a 7.76% price surge, trading around $0.00001 as buyers attempt to break free from a prolonged consolidation phase. The token has been range-bound between key support and resistance levels since March 2025, with previous rallies facing rejection. This latest MOVE signals potential accumulation zone exhaustion, though traders await confirmation of a decisive breakout for sustained upward momentum. Technical indicators remain mixed, reflecting market caution despite the bullish price action. The Ichimoku Cloud and other metrics suggest a critical inflection point for SHIB, with the next 48 hours likely determining whether this is a false breakout or the start of a new uptrend. As of September 2025, SHIB's performance continues to draw attention as a high-beta play in the meme coin sector, with its ability to hold above psychological support at $0.00001 being closely watched by both retail and institutional participants.

Shiba Inu Price Jumps 7.7% as SHIB Signals Breakout From Accumulation Zone

Shiba Inu surged 7.76% in a single day, trading around $0.00001, as buyers attempted to break free from a prolonged consolidation range. The token has been trapped between key support and resistance levels since March, with each upward move met with rejection. Market participants remain cautious, awaiting a decisive breakout to confirm a lasting trend shift.

Technical indicators paint a mixed picture. The Ichimoku Cloud shows indecision, with its flat configuration suggesting continued sideways movement. A close above the cloud could trigger significant bullish momentum, while failure may see SHIB retest the $0.000009 support level. The Relative Strength Index at 53.34 indicates mild bullish pressure, though not enough to overpower the strong resistance overhead.

Long-term accumulation appears underway, potentially setting the stage for a more substantial move. Traders are watching closely for either a confirmed breakout or another rejection at these critical levels.

Shiba Inu Stagnates as Investors Pivot to Utility-Focused Remittix

Shiba Inu's price trajectory flatlines at $0.00001312, a marginal 1.86% uptick failing to mask broader stagnation. Trading volume plunges 34% to $346 million as the meme coin's $7.73 billion market cap underscores fading speculative interest.

Remittix emerges as the beneficiary, its $0.0969 token attracting $21 million in presale funding ahead of a Q3 wallet launch. The cross-chain DeFi project's emphasis on real-world transactions and low fees contrasts sharply with SHIB's utility-light model.

Market dynamics reveal a growing divide: meme coins struggle to sustain rallies while infrastructure projects gain traction. Remittix's impending CEX listing and transaction-focused roadmap exemplify the shift toward measurable utility over viral hype.

Shiba Inu (SHIB) Holds Key Support Amid On-Chain Surge

Shiba Inu defied early intraday lows of $0.00001237, rebounding to hold the $0.00001247 support level with conviction. Market observers suggest this price floor could serve as the launchpad for SHIB's next meme coin rally—or trigger a pullback if breached.

The token's resilience mirrors its status among top meme coins by market cap, with trader @WhaleEverything noting: "SHIB continues to hold key support. If it maintains this level, we could see a breakout reminiscent of previous bull runs."

On-chain metrics reveal explosive activity, with Shibburn reporting a 4,547% spike in burn rate over 24 hours. Nearly 3.7 million SHIB tokens were permanently removed from circulation—a modest reduction against the token's 589 trillion supply, but signaling growing community participation in supply reduction efforts.

Shiba Inu Price Wavers as Shibarium Nears 270 Million Address Milestone Amid Mixed Network Signals

Shiba Inu's price exhibits fragility as crypto investor sentiment cools and whale activity stagnates. The memecoin's trajectory remains uncertain despite Shibarium, its layer-2 solution, approaching 268 million addresses—just shy of the 270 million benchmark.

While transaction volume appears robust with 1.08 million daily transactions pushing the cumulative total to 1.54 billion, concerning metrics lurk beneath the surface. Shibarium's daily transaction value stands at a meager $3.30 (20.08 BONE), and its DeFi TVL has plummeted 12% to $1.63 million, dwarfed by competitors like Arbitrum and Base.

The network's growth presents a paradox: address expansion suggests adoption, but collapsing fees and capital flight reveal structural weaknesses. Market observers note SHIB's price consolidation within a weekly chart triangle pattern, with Shibarium's performance likely to dictate near-term momentum.