shiba

Activity on Shibarium, #Shiba Inu’s official Layer-2 blockchain, surged sharply over the past day, but SHIB’s price has yet to respond.
According to the latest data from Shibariumscan, Shibarium processed 1,180 daily transactions yesterday. This marks a notable recovery from 661 transactions recorded on July 21, the second-lowest daily transaction count for July.
As a result, daily transactions climbed 78.51% within just a few days, signaling renewed activity on the network after a period of sluggish usage.
Although the latest transaction count remains far below the millions of daily transactions Shibarium recorded during its peak periods, many market observers view the rebound as an encouraging sign.
The increase comes at a time when investors continue to search for a bullish catalyst capable of reversing SHIB’s prolonged price weakness. Even a modest improvement in network activity has sparked optimism that user engagement on Shibarium could gradually recover if the trend continues.
SHIB Price Fails to Respond to Network Improvement
Despite the jump in Shibarium transactions, Shiba Inu has not benefited from the renewed activity on the blockchain.
The broader cryptocurrency market experienced another sharp sell-off yesterday, dragging down several major assets, including SHIB. The token fell from an intraday high of $0.000004243 to a low of $0.000004102 before recovering slightly.
At press time, SHIB is trading at $0.000004189. Even with the rebound, the token remains down 1.28% over the past 24 hours, 8.21% over the past week, and 0.34% month-to-date.
Ecosystem Challenges Continue to Weigh on Sentiment
Meanwhile, the Shiba Inu ecosystem continues to face several challenges that have dampened investor confidence.
The ongoing bearish market has produced few positive developments for the project. Community members have also expressed concerns over the disappearance of several key team members from X, multiple ecosystem initiatives that remain unfinished, and persistently low SHIB burn activity.
Against this backdrop, Shibarium’s recent transaction rebound has fueled speculation that long-awaited positive catalysts could finally be emerging. However, the increase in network activity alone has not been enough to translate into higher SHIB prices.
Over 113B Shiba Inu Tokens Leave Exchange
Despite the weak price performance, investors continue to move SHIB off centralized exchanges.
Notably, more than 113 billion SHIB tokens have recently been withdrawn from exchanges, reducing the total exchange reserve to approximately 86.13 trillion SHIB.
Large exchange outflows are often interpreted as a sign that investors are transferring tokens into private wallets for longer-term holding rather than preparing to sell. While this trend has yet to trigger a price recovery, it suggests that some market participants remain confident in SHIB’s longer-term prospects even as the token continues to trade under bearish pressure.
#CryptoNewsCommunity

#Shiba Inu continues to trade under strong bearish pressure, with its broader market structure still pointing lower despite early signs that selling momentum may be easing.
This assessment comes from market commentator Dukes Markets Analysis, who shared the outlook in a recent TradingView publication titled “SHIB: From Meme Queen to New Historic Lows.”
Bearish Trend Remains Firmly Intact for Shiba Inu
According to Dukes, Shiba Inu remains below both its 50-day and 100-day Exponential Moving Averages (EMAs), two widely used indicators for identifying the prevailing market trend.
More importantly, the 50-day EMA continues to trade below the 100-day EMA, maintaining a bearish crossover that typically signals sellers remain in control of the market.
As long as SHIB stays beneath both moving averages, the broader technical structure continues to favor further downside. Consequently, any short-term price rebounds are likely to be corrective rallies rather than the beginning of a sustained bullish reversal.
Shiba Inu Must Reclaim a Key Resistance Level: Dukes
Despite the prevailing bearish outlook, Dukes identified $0.00000458 as the first major resistance level bulls must reclaim.
This price previously served as a strong support zone before breaking down and subsequently turning into resistance. He suggests that a decisive breakout above $0.00000458, followed by a strong daily close, would mark the first meaningful improvement in SHIB’s market structure and suggest buyers are beginning to regain control.
Until then, however, the dominant bearish trend remains unchanged.
Momentum Indicators Hint at a Potential Recovery
Although the overall trend remains negative, several momentum indicators suggest selling pressure may be easing.
The Relative Strength Index (RSI) has started to recover after previously falling into weaker territory. However, it still trades below the neutral 50 level, indicating bearish momentum continues to outweigh bullish strength despite the recent improvement.
Meanwhile, the Stochastic RSI (StochRSI), which measures the speed and momentum of price movements, continues to climb steadily without entering overbought territory. This suggests SHIB could have additional room for a short-term recovery before bullish momentum becomes overstretched.
Another Major Barrier Awaits Bulls
Even with improving momentum readings, Dukes noted that Shiba Inu’s trading volume remains relatively subdued, highlighting the lack of strong conviction from either buyers or sellers.
He emphasized that any breakout above the immediate resistance would require significantly stronger buying activity to confirm a sustainable recovery rather than another temporary bounce.
Even if SHIB successfully reclaims the $0.00000458 resistance level, Dukes believes another significant challenge lies around $0.00000520. This price marks the next major resistance zone, where sellers could once again step in and cap further gains. As a result, bulls would likely need to overcome both resistance levels before Shiba Inu can establish a more convincing medium-term recovery.
SHIB Still Trades Far Below Its Record High
At press time, Shiba Inu remained significantly below its all-time high of $0.00008845. Trading around $0.00000424, the token has declined 95.2% from its peak.
While SHIB has gained a modest 1.04% this month, it remains down 38.58% since the start of the year. The token currently ranks as the 31st-largest cryptocurrency by market capitalization, a notable decline from late 2021, when it consistently ranked among the world’s top 10 digital assets.
Meanwhile, trading activity continues to weaken, with daily volume falling 6.08% over the past 24 hours to $42.98 million, underscoring the lack of strong market participation despite tentative signs of improving momentum.
#CryptoNewsCommunity

#Shiba Inu is closing in on a return to the top 30 cryptocurrencies after investors withdrew billions of SHIB tokens from centralized exchanges.
It has been more than two weeks since Shiba Inu dropped out of the top 30 amid prolonged weakness across the broader crypto market. The downturn pushed SHIB to 33rd place on CoinMarketCap’s rankings, raising concerns that the token could slip even further below the top 35.
However, SHIB has defied those expectations. The token has steadily recovered and now ranks as the world’s 31st-largest cryptocurrency, putting it within striking distance of re-entering the top 30.
At the time of writing, Shiba Inu trades at $0.000004230 with a market cap of approximately $2.49 billion. It trails Tether Gold (XAUt), which currently occupies the 30th position on CoinMarketCap, by only $20 million in market value.
Exchange Outflows Reduce Immediate Selling Pressure
Shiba Inu’s recent recovery coincides with significant exchange withdrawals, a trend that typically signals reduced selling pressure.
According to CryptoQuant data, investors withdrew 235.93 billion SHIB from centralized exchanges over the past 24 hours, while 161.74 billion SHIB flowed into trading platforms. As a result, the exchange netflow stood at -74.18 billion SHIB, indicating that approximately 74.18 billion tokens left exchanges during the period.
This negative net flow suggests that investors are moving SHIB into private wallets rather than keeping the tokens on exchanges for immediate sale, potentially easing short-term selling pressure. Despite these withdrawals, exchanges still hold approximately 86.2 trillion SHIB.
Technical Outlook Remains Mixed
Although SHIB has regained momentum and moved closer to the top 30 ranking, analysts remain divided on its short-term outlook.
Recent technical analysis suggests that Shiba Inu is mirroring its 2023 price structure. Based on that pattern, analysts believe SHIB could decline by at least 20% before staging a recovery toward the $0.0000055–$0.0000056 range.
Meanwhile, on-chain data continues to paint a cautious picture. Shibarium’s daily transaction count has fallen to just 661, reflecting weaker network activity. At the same time, the SHIB burn rate has dropped sharply, declining from a recent high of 13 million burned tokens to 2.42 million.
While strong exchange outflows have helped support Shiba Inu’s recent rebound, the token still faces notable headwinds. Weakening network activity and slowing token burns could limit the pace of any sustained recovery, even as SHIB edges closer to reclaiming a place among the top 30 cryptocurrencies by market capitalization.
#CryptoNewss

#Shiba Inu is showing renewed signs of weakness as its current price action closely resembles a bearish setup that unfolded in 2023.
According to analysts, Shiba Inu’s recent market structure shares a 91.2% similarity with the price pattern recorded between April and June 2023, increasing the possibility of another downside move before any meaningful recovery.
For context, SHIB has remained in a prolonged downturn since losing the critical $0.00000628 support level in May 2026. Following that rejection, SHIB has continued to print lower highs and lower lows, confirming that sellers remain firmly in control of the market.
Price Action Suggests More Downside
As the bearish momentum persists, SHIB has fallen below $0.0000042 and is now trading around $0.00000415, close to the lower boundary of its recent consolidation range.
Notably, this price structure closely mirrors SHIB’s performance between April and June 2023. During that period, the token traded sideways for several weeks before breaking lower and eventually establishing a local bottom. The current setup suggests that a similar sequence may be unfolding once again.
Based on the projected historical pattern, analysts expect SHIB could decline toward the $0.0000032–$0.0000033 support zone through late July and into August 2026. From the current price of $0.00000415, such a move would represent a decline of roughly 20%.
Recovery Remains Possible After Support Test
Despite the bearish outlook, the projected pattern also indicates that SHIB could stage a rebound after testing the expected support area.
If buyers step back into the market and overall sentiment improves, Shiba Inu could recover toward the $0.0000038–$0.0000040 range. However, a stronger bullish reversal would require SHIB to reclaim key resistance levels.
Specifically, the token would need to break above the $0.0000044–$0.0000045 resistance zone before targeting the more significant $0.0000055–$0.0000056 area.
Historical Pattern Is a Guide, Not a Guarantee
If the historical comparison continues to play out, SHIB could establish another local low before beginning a more sustained recovery. However, while the 91.2% pattern match highlights a credible short-term bearish scenario, it does not guarantee that the token will follow its 2023 trajectory exactly.
At the time of writing, Shiba Inu has posted a modest 3.23% gain over the past 24 hours and 3.69% over the past week. Trading activity has also picked up, with SHIB’s 24-hour trading volume rising 7.58% to $55.46 million. Despite the recent recovery, however, Shiba Inu remains outside the top 30 largest cryptocurrencies by market cap. The token currently ranks 32nd globally, with a market capitalization of approximately $2.46 billion.
#CryptoNewsCommunity

#Shiba Inu investors are questioning the project’s direction after the Shibtoken X account shifted its attention from SHIB to promoting other meme coins.
The broader cryptocurrency market has weighed heavily on Shiba Inu in recent weeks, pushing the token toward the bottom of the top 30 cryptocurrencies by market cap.
Amid this prolonged downturn, many investors expected major ecosystem accounts to intensify SHIB-focused updates and strengthen community confidence. Instead, the Shibtoken account is once again promoting rival projects.
Shibtoken Account Promotes Competing Meme Coins
Recently, the Shibtoken X account interacted with a post from a relatively unknown meme coin. It congratulated the project on its progress while praising its commitment to preserving meme culture through consistent development and community engagement.
Shortly afterward, the account commented on another little-known frog-themed meme coin, claiming it was superior to Pepe, one of the largest frog-themed cryptocurrencies.
Since the original post prominently displayed the token’s contract address, many community members interpreted the interaction as an indirect endorsement that exposed Shibtoken’s 3.8 million followers to a competing asset.
Shiba Inu X Account
Community Questions the Purpose Behind the Promotions
The promotions quickly triggered backlash across the Shiba Inu community. Many holders openly questioned the account’s handler, asking why an account closely associated with Shiba Inu would promote rival meme coins while SHIB continues to struggle in the market.
Several community members argued that such promotions divert attention from SHIB at a time when the token needs stronger visibility and ecosystem support.
Although the Shiba Inu ecosystem has repeatedly stated that the Shibtoken X account is not the project’s official account, many investors still associate it closely with Shiba Inu.
When the account launched in February 2021, it focused almost exclusively on SHIB-related updates. That strategy helped it grow its audience to more than 3.8 million followers and established it as one of the largest accounts covering the Shiba Inu ecosystem.
However, as SHIB’s market performance has weakened, the account has gradually expanded its attention to other cryptocurrencies. It has promoted non-SHIB tokens on several previous occasions, drawing criticism from community members who believe the account should remain dedicated to the Shiba Inu ecosystem.
SHIB Remains Under Heavy Bearish Pressure
The latest controversy comes as Shiba Inu continues to face significant selling pressure.
SHIB currently ranks as the 30th-largest cryptocurrency, with a $2.59 billion market cap. The token trades at $0.000004398, while its 24-hour trading volume has fallen 3.83% to $48.63 million.
Market performance has also remained weak over longer timeframes. SHIB has declined 7.45% over the past month and 1.4% during the past week. Overall, the token remains 95.03% below its all-time high of $0.00008845.
Investors Call for Greater Focus on SHIB
Given SHIB’s prolonged downturn, many investors believe influential ecosystem accounts should concentrate on promoting Shiba Inu rather than other meme coins.
Critics argue that the Shibtoken account is directing the attention of its millions of followers toward rival projects at a time when SHIB needs stronger community support.
Meanwhile, some of Shiba Inu’s most prominent figures, including lead ambassador Shytoshi Kusama and marketing strategist Lucie, have remained inactive on X for several months. Their absence has left much of the ecosystem’s public engagement in the hands of the broader community, further fueling investor concerns about the project’s visibility and communication strategy.
#Crypto

#Shiba Inu has formed a death cross on lower timeframes, but whales are aggressively buying the dip, offering fresh optimism for the price.
A death cross often happens when a long-term moving average moves above a short-term moving average. Typically, this crossing occurs between the 200- and 50-period MAs. Today, this interaction has happened, raising further concerns about the price trajectory of Shiba Inu (SHIB).
Shiba Inu Death Cross
On the 30-minute timeframe, the 200 MA has moved over the 50 MA, suggesting that earlier price recovery could be nearing its end. For context, Shiba Inu bounced from a low of $0.00000426 on Monday, forming a golden cross.
The 50 MA crossed the 200 MA, providing the momentum that pushed SHIB to a high of $0.00000447, a nearly 5% increase from the low. However, the meme coin could not overcome the resistance there, and a rejection followed.
Shiba Inu Death Cross
Since then, SHIB has slid lower to $0.00000436. During the course of this pullback, a death cross formed, casting doubts on the chances of a further recovery attempt. Typically, this crossing suggests that buying momentum is fading, which signals the end of an uptrend.
However, some see the signal as a lagging indicator. The argument is that it reflects what has already happened in the market, rather than providing hints of what to expect. This suggests that the downtrend is already priced in, and SHIB could not fall further due to the crossover.
Nonetheless, it remains a bearish indicator and one that Shiba Inu bulls would not want to see, especially as they hope for a sustained recovery. The fact that it also happened on lower timeframes further boosts confidence. If such a crossover appears on higher timeframes, it will confirm the bearishness and increase the chances of an impact on SHIB’s price.
Should prices trend lower, the critical support areas to watch for SHIB are at $0.00000241 and $0.00000155. Further bearish pressure could take the token to $0.0000010.
SHIB Whale Accumulation Presents Fresh Buying Pressure
Meanwhile, Shiba Inu whales continue to buy the dip. Over the past 24 hours, they have withdrawn another 75.7 billion SHIB tokens from exchanges.
Shiba Inu Exchange Netflow/CryptoQuant
CryptoQuant’s exchange netflow data confirms this. The metric measures the difference between exchange inflows and outflows and turns negative when the latter exceeds the former.
Exactly this scenario played out over the past day, with netflow showing a negative reading of 75.7 billion. This suggests that that was the net amount that traders withdrew from exchanges yesterday.
Notably, this pattern has persisted for a while now, highlighting the unrelenting accumulation effort from Shiba Inu investors. They continue to take advantage of the low price to move the token off exchanges to self-custody wallets for long-term holding.
This not only reduces selling pressure but also impacts the availability of the meme coin on exchanges. Additionally, it highlights the confidence among SHIB holders that the token could recover from recent downtrends and target higher prices.
#CryptoNewsCommunity

#Shiba Inu could experience a valuation expansion if a multi-year descending resistance trendline finally makes way.
Notably, this trendline has long suppressed Shiba Inu (SHIB), clamping down on every attempt to climb higher. However, a breakout would send the meme coin soaring to much higher valuation levels.
Key Points
A descending resistance trendline has capped Shiba Inu’s efforts to attain a higher valuation since the December 2024 peak of $19.7 billion.As such, its market cap has continued to slide, dropping 82.5% to the current level.Shiba Inu could enter a “full send mode” once it breaks out from the multi-year descending resistance.The first area to watch is the $3.74 billion valuation mark, which aligns with the tip of the diagonal resistance.
Shiba Inu Market Cap Stuck Below Resistance
Analyst Don shared a chart of SHIB’s market cap, showing how it has remained suppressed for years. Currently at $3.43 billion, its valuation places it as the 29th-largest cryptocurrency in that metric.
Technically, a downward-sloping resistance trendline has capped efforts to attain a higher valuation since the December 2024 peak of $19.7 billion. As such, its market cap has continued to slide, dropping 82.5% to its current level.
This has also been reflected in its price, which has also declined by the same rate from $0.00003343 in December 2024 to $0.00000582 today, reflecting an almost unchanged circulating supply.
Accumulation Amid Price Weakness
Although the correction mirrors broader market weakness, the analysis suggests there may be more to it than catches the eye. Typically, a prolonged period of consolidation below a resistance allows the underlying asset to build strength for an explosive directional move.
Don agrees with this, stating that Shiba Inu will enter a “full send mode” once it breaks out from the multi-year descending resistance. The analyst didn’t stop there; he highlighted key levels to watch for when SHIB’s market cap starts to show signs of recovery.
An accompanying chart shows that the first area to watch is the $3.74 billion valuation mark, which aligns with the tip of the diagonal resistance. Attaining this would involve adding $310 million to its current market cap, translating to a price of $0.00000634.
Shiba Inu Breakout Targets
Meanwhile, the chart highlights two other market cap targets upon breakout. The first point is the $8.54 billion valuation. With a circulating supply of 589.24 trillion, this culminates in a price of $0.0000145.
The final target is $20 billion, which represents a price of $0.0000339. This places it slightly higher than the December 2024 peak price. Based on its current market standing, SHIB would need to grow by 483% to reach this price level.
In the meantime, the market tone around Shiba Inu remains cautious, and that needs to change if the uptrend is to happen soon.
Notably, open interest has dropped 3% in the past 24 hours to $49.8 million, suggesting a decline in derivative activities. Exchange spot inflows have also increased, with netflow standing at 15.47 billion in the past 24 hours.
#CryptonewswithJack

$SHIB #shiba Current Price (May 2026)
SHIB is currently priced around **$0.000006**, ranked **#29** in the entire crypto ecosystem, with a circulating supply of ~589 trillion SHIB and a market cap of about **$3.34 billion**. [Changelly](https://changelly.com/blog/shiba-inu-price-prediction/)
📉 Current Technical Picture
On the weekly timeframe, SHIB appears **bearish** — the 50-day moving average is above the price and falling, potentially acting as resistance. The 200-day moving average has been falling since November 2025, supporting a declining long-term trend. The market sentiment indicator shows **87% bearish**, with a Fear & Greed Index of 28 (Fear). [Changelly](https://changelly.com/blog/shiba-inu-price-prediction/)
SHIB is currently testing the lower boundary of its multi-month 2026 consolidation base near $0.000006 — a classic inflection point. If it breaks above $0.000008–$0.000009 and the weekly downtrend line, that would signal strong bullish momentum. [InvestingHaven](https://investinghaven.com/shiba-inu-shib-price-prediction/)
🔮 Price Predictions by Year
| Year | Low | High |
| **2026** | ~$0.0000050 | ~$0.0000178 |
| **2027** | ~$0.0000200 | ~$0.0000300 |
| **2028** | ~$0.0000250 | ~$0.0000500 |
| **2029** | ~$0.0000340 | ~$0.0000790 |
| **2030** | ~$0.0000580 | ~$0.0001300 |
The long-term outlook remains positive, with SHIB potentially reaching up to **$0.000130 by 2030** as adoption, demand, and ecosystem growth improve. [Coinpedia](https://coinpedia.org/price-prediction/shiba-inu-price-prediction/)
### 🌐 Ecosystem Developments (Bullish Factors)
SHIB has been expanding through **Shibarium**, **ShibaSwap**, and new utility-driven updates. The team launched "Shib Owes You" (SOU), introduced AI tools through "Shibarium Skills," and **Shibarium surpassed 270 million wallet addresses**. SHIB also gained real-world utility after integrating with **OnePay, a payment network backed by Walmart**. [Cryptopolitan](https://www.cryptopolitan.com/shiba-inu-price-prediction/)

## ⚠️ Key Risks
- Highly volatile and speculative — originally a **meme coin**
- Closely tied to Bitcoin and overall crypto market sentiment
- Massive token supply limits large % price gains
- Bearish macro trend still in effect
$DOGE $XRP