The price of Shiba Inu (SHIB) is once again capturing trader attention—this time thanks to major fundamental shifts and a strong technical signal. Analysts and the community are closely watching a combination of token burns, whale accumulation, and the launch of DAO elections. All indicators suggest SHIB may be gearing up for its next big move.
📈 Analyst Predicts Breakout: SHIB Could Rally 156%
According to analyst Javon Marks, SHIB is showing signs of a strong bullish divergence that has remained intact since early this year. If the pattern plays out, Marks predicts SHIB could surge by 156%, reaching around $0.000032.
Currently priced around $0.00001260, SHIB has broken through a descending wedge pattern—often a precursor to trend reversal. Support at $0.00001255 has held, and if SHIB breaks the resistance at $0.00001313, the next targets are clear: $0.00001422 and $0.00001597.
🔥 Burn Rate Explodes by 3464%
Over the last 24 hours, more than 9.6 million SHIB tokens were burned—a staggering 3464% increase in daily burn rate. This surge coincides with the launch of the project's first-ever three-stage DAO election.
The DAO uses token-weighted voting, giving whales significant influence over governance decisions. Project lead Shytoshi Kusama noted that larger stakeholders are more likely to prioritize the ecosystem’s long-term success.
🐳 Whales Accumulate SHIB — Net Inflows Jump 272%
According to IntoTheBlock data, net inflows to whale wallets increased by 272% over the past week. This shows that whales are not only engaging in governance but also actively accumulating SHIB in anticipation of future growth.
Such behavior reflects long-term confidence in the protocol and could help stabilize the token's price as community-based governance matures.
🧠 Summary: Is SHIB Ready to Break Out?
SHIB is currently at the intersection of major technical and fundamental catalysts:
🔹 DAO elections kickstart a move toward full decentralization
🔹 Token burns are accelerating at record pace
🔹 Whales are entering governance and increasing their holdings
🔹 Chart structure shows bullish momentum
If these factors continue aligning, the predicted 156% rally might soon become a reality.
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