- Shiba Inu has broken its downtrend and is trading near $0.0000151 with growing bullish momentum.
- SHIB’s burn rate jumped 869% and derivatives volume rose over 25% in 24 hours.
Shiba Inu (SHIB) is showing strong bullish signs after breaking its months-long downtrend. The meme token jumped from $0.0000129 to $0.0000146 since July 12, holding near $0.00001520 at press time. Analysts say the token’s technical breakout is supported by high trading volumes, rising open interest, and renewed whale activity.
CoinGlass data shows SHIB derivatives volume rose 25.34% in the past 24 hours to $586.29 million, while open interest climbed 13.5% to $287.41 million. The renewed investor interest follows a surge in Shiba Inu’s burn rate. According to Shibburn, nearly 5.89 million SHIB tokens were destroyed in one day, marking an 869.74% increase.
Analyst Gehavian Goals highlighted SHIB’s strong rebound from key resistance levels and called the latest rally the “strongest since February.” The analyst predicts further upside, targeting $0.000017 in the short term and possibly $0.00002 if the market momentum sustains.
Stablecoin Momentum and Regulatory Tailwinds Add Fuel
The Shiba Inu ecosystem is also gaining attention for its planned SHI stablecoin launch. With U.S. stablecoin regulation progressing under the GENIUS Act, SHIB may benefit from early adoption strategies. A successful rollout could drive increased utility and liquidity into the ecosystem.
SHIB developers are reportedly working to align with new regulatory frameworks and position the SHI stablecoin as a credible digital asset. Analysts believe that SHIB’s broader vision, including a stablecoin offering, could reinforce its long-term use case and reduce volatility.
The project’s transparency and community-focused roadmap have also added to investor confidence. Core developments under Shibarium and future cross-chain compatibility initiatives suggest SHIB is building infrastructure beyond meme coin status.
Shiba Inu Army Holds Strong as On-Chain Activity Rises
Community support remains a cornerstone of SHIB’s growth. Despite price swings earlier in the year, SHIB’s holder count has stayed consistent. The token now boasts over 1.52 million on-chain wallets. Recent metrics indicate active wallet growth and minimal holder attrition.
$SHIB just hit 1,522,691 on-chain wallets and it isn’t slowing down. 📈🔥
The ecosystem is stable and not losing holders.
projects with real communities will lead and SHIB is already miles ahead. #SHIB #Shibarium #Web3 #Altcoins #DeFi pic.twitter.com/CdngevDHW9
— Etherscan_SHIB (@Etherscan_SHIB) July 14, 2025
The Shiba Inu team has hinted at more ecosystem upgrades, describing the current phase as “the calm before the storm.” Developers noted that accumulation is increasing, with larger investors reentering the market. Whale participation often signals confidence in upcoming price action.
The consistency in SHIB burn events also reflects strong community engagement. Even when prices were under pressure, SHIB holders continued to burn tokens voluntarily, helping reduce supply and potentially improve long-term value.
Shiba Inu’s rally comes as Bitcoin trades near $120,000, boosting sentiment across altcoins. SHIB has recorded a 13% weekly gain, outperforming several major tokens. With the crypto market moving higher, investors are watching for SHIB to reclaim the $0.000017 level and challenge $0.00002.
Analysts warn of potential short-term volatility, but technical indicators support continuation. The recent flip in chart structure, paired with rising volume and consistent whale activity, sets the stage for an extended move.
Credit: Source link
