Shiba Inu's on-chain data highlights strong adoption, with the number of addresses holding SHIB rising to 1.4 million.

So far in April, SHIB has delivered a solid 14.4% return, potentially marking the end of a three-month bearish streak.

The price is nearing the $0.000015 mark, driven by bullish market sentiment and a key technical breakout.

As of Friday, Shiba Inu (SHIB) is trading at $0.00001413, up over 2% on the day. With a market cap of around $8.3 billion, the second-largest meme coin is gaining momentum, backed by increasing adoption and a favorable market backdrop.

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