Shiba Inu (SHIB) — Latest Market Snapshot (Aug 11, 2025)
Current Price: ~$0.00001326 USD (approx.)
Market Cap: ~$7.78 billion USD
24h Trading Volume: ~$271 million USD
24h Price Movement: Down roughly 2–3%
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Key Insights
SHIB is currently testing key resistance levels (such as the 200-day SMA), indicating a critical moment for price direction. Breaking above this could trigger bullish momentum.
Despite recent dips, community-driven token burns have spiked, signaling growing efforts to reduce supply and potentially support price strength.
On the bullish side, breakout patterns are forming with potential upside of up to 30% in the near term.
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Binance Square–Style Post Template
🐶 Shiba Inu (SHIB) — Bullish Setup in Progress
Price: ~$0.00001326
Market Cap: ~$7.8B
Trading Volume (24h): ~$270M
** My Take:**
SHIB is consolidating near key resistance zones. Whales are actively burning tokens, boosting scarcity momentum. If it breaks the 200-day SMA, a strong rally could follow. Analysts mention possible 30% gains ahead.
** Trade Highlight (Not Financial Advice):**
Entry Zone: ~$0.00001310
Stop-Loss: ~$0.00001280
Target Zone: ~$0.00001700+
** What’s Your Prediction?**
Will SHIB break out and surge 30%? Drop your forecast below!
#Write2Earn #SHIB #ShibaInu #CryptoUpdate #BinanceSquare #MemeCoinMomentum
