ShibaINU

Shiba Inu (SHIB), the meme-born cryptocurrency, is once again sparking headlines with bold price predictions. If SHIB were to hit $0.0007, a $1,000 investment today could balloon to an impressive $60,449, a staggering 6,044% return. This hypothetical scenario is fueling new retail interest as market watchers debate whether such gains are even feasible. Currently, SHIB is trading around $0.00001158. At that price, $1,000 secures roughly 86.35 million tokens. If SHIB hits the $0.0007 mark, those same tokens would yield over $60,000, making it one of the most lucrative small-investor trades in crypto history — assuming the token supply remains unchanged.
Resistance Levels & Supply Challenges
However, technical analysis reveals significant resistance zones. Between $0.000012 and $0.000014, more than 65 trillion tokens are held across 88,650 wallets, according to on-chain data. An even stronger resistance wall looms between $0.000014 and $0.000019, where over 500 trillion SHIB reside. Breaking through these barriers will require serious momentum, not just community hype.
Could Token Burns Change the Game?
To make the $0.0007 dream more plausible, crypto analysts are pointing to the need for drastic supply cuts. Shiba Inu’s current circulating supply is a jaw-dropping 589 trillion tokens. If this could be reduced to around 10 trillion through an aggressive burn strategy, some believe the price could feasibly climb without overtaking Ethereum’s market cap.
Analyst platforms like Telegaon suggest SHIB could reach the $0.0007 target by 2030. Changelly is more conservative, projecting a timeline between 2035 and 2039. Both agree that supply cuts and sustained community growth are prerequisites.
As it stands, SHIB’s market cap is hovering near $7 billion. Reaching $0.0007 would push that to $412 billion, placing it just behind Bitcoin in total value, an achievement that would require monumental adoption and consistent token burning.
What Could Spark the Rally?
Burn campaigns remain central to the Shiba Inu community, though a lack of clarity around execution and timing continues to cloud long-term projections. Any new burn mechanisms, decentralized apps, or ecosystem partnerships could sway momentum, especially if aligned with broader crypto market rallies.
Still, SHIB’s path to $0.0007 is speculative at best. While the potential returns are mouth-watering, the reality is that it would likely require years of ecosystem development, utility expansion, and an unprecedented level of investor participation.
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#shibaInu #memecoin $SHIB

Despite ongoing sell pressure from large holders, Shiba Inu (SHIB) is drawing attention once again. Even as whales appear to be capitulating, technical analysis suggests SHIB may be preparing for a major 52% rally.

SHIB Gains Slightly While Whales Retreat
As of June 25, SHIB has posted a modest gain and is currently trading at $0.00001175, which is 15% above its weekly low. This uptick coincides with a slight recovery across the broader crypto market.
While many whales (large SHIB holders) have been reducing their positions, the market structure hints that Shiba Inu may be setting up for a bullish reversal.

Double Bottom Formation Points to Potential 115% Upside
The daily chart shows that SHIB dropped 35% from its May peak of $0.00001765, landing around $0.00001172.
What’s notable is that SHIB has now formed a double bottom — a bullish chart pattern that often signals trend reversal. The key “neckline” resistance stands at $0.00001765.
🔹 Height of the pattern = $0.0000074

🔹 Target price = neckline + height = $0.00001765 + $0.0000074 = $0.000025
This implies a potential 115% rally, with the initial breakout target at $0.00001765, or 52% above current levels.

MACD and RSI Send Bullish Signals
Momentum indicators back this bullish scenario:
🔹 MACD has triggered a bullish crossover

🔹 RSI is climbing toward the neutral 50 level, indicating improving momentum
However, if SHIB falls below the double bottom support at $0.00001025, this would invalidate the bullish structure and point toward further downside.

Whales Are Selling, But SHIB Still Has a Chance
Despite encouraging technical signals, whale capitulation continues. According to Santiment data, large SHIB holders have been reducing their positions over recent months:
🔹 Wallets holding 100 million to 1 billion SHIB cut holdings to 17.92 trillion (from 18.8 trillion in December)

🔹 Wallets with 10 to 100 million SHIB dropped to 9.3 trillion (down from 9.44 trillion)

🔹 Wallets holding 1 to 10 million SHIB decreased to 2 trillion (from 2.07 trillion in February)
Large holder sell-offs are often seen as bearish signals, especially given their market influence. However, SHIB's price has held its ground, suggesting underlying support.

Optimism Builds Amid Broader Market Expectations
SHIB could benefit from broader bullish catalysts, such as:
🔹 Bitcoin balances on exchanges hitting all-time lows

🔹 Potential Fed rate cuts

🔹 Easing of Middle East tensions
Historically, SHIB and other altcoins tend to rally when Bitcoin gains strength. If BTC resumes its uptrend, SHIB could follow closely behind.

Conclusion: A Tug-of-War Between Technicals and Fundamentals
Shiba Inu is flashing mixed signals:

🔹 Technicals suggest a breakout is near,

🔹 Fundamentals reveal continued whale liquidation.
Still, if SHIB holds above key support levels, the technical pattern may prevail — giving this top meme coin a strong chance to rebound. Even in uncertain times, meme coins continue to surprise — and SHIB may have more to show.

#SHIB , #Shibarium , #CryptoAnalysis , #CryptoNewss , #shibaInu

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#shibaInu ($SHIB ) has experienced a significant market correction, falling nearly 38% from its May highs amid heightened geopolitical tensions. The downturn was largely triggered by reports of a U.S. airstrike on Iran, which spurred broad risk-off sentiment across global markets. SHIB was not immune to the volatility, with its price plunging to a monthly low of $0.000011 and wiping out over $12 billion in market capitalization.

Market Panic Pressures #SHİB

The impact of the geopolitical shock was felt widely across the crypto space, with Shiba Inu particularly affected. Key metrics reveal the scale of investor retreat:

Whale holdings in SHIB have dropped over 80% in the past 30 days,

Smart money positions declined 33% to 13.1 billion tokens, and

Open interest in SHIB futures now stands at just $122 million, down from $300 million in May.

Technically, SHIB has fallen below all major moving averages on the daily chart. Momentum indicators—including the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator—continue to reflect bearish sentiment, reinforcing short-term downside risk.

Double-Bottom Pattern Suggests a Potential Reversal

Despite the sharp decline, several technical signals are pointing toward a potential reversal. Notably, SHIB has entered extreme oversold territory, with the RSI touching the critical 30 level—a historical inflection point for previous rebounds. Additionally, the Murrey Math Lines tool also places SHIB at a deeply oversold range.

Amid this technical weakness, a double-bottom pattern appears to be emerging near the $0.00001030 support level. This formation suggests the market is testing a strong floor. Should this support hold, a recovery could materialize with the pattern’s neckline projected around $0.00001765. A breakout above this neckline could trigger a 62% rally, potentially reversing much of the recent losses.

Risks to the Downside Remain

However, this bullish thesis is contingent on SHIB maintaining support above $0.00001030. A decisive breakdown below this level would invalidate the double-bottom setup and could open the door to further losses, potentially pushing the token toward the $0.00000800 psychological support level.

Outlook

Shiba Inu finds itself at a pivotal technical juncture. While short-term market sentiment remains bearish, chart patterns and momentum indicators suggest a possible trend reversal is forming. The coming sessions will be critical in determining whether SHIB confirms the double-bottom pattern or continues its downward trajectory. Traders and investors alike should monitor this setup closely.