Shiba Inu is trading near $0.0000139 with a market capitalization of approximately $7.6 billion, ranking 22nd. In the last seven days, it has risen by about 12%, driven by ecosystem activity through Shibarium, ShibaSwap, and token burning. There has been reported accumulation by whales along with a 12,887% increase in outflows from large holders, a figure that stands out even if the baseline number was small.
SHIB has a clear cultural weight in the meme coin sector and continues to build DeFi infrastructure that could help maintain its relevance. Key resistance is located near $0.00001599, and staying above the current support could open the door to bullish momentum. For those considering the best cryptocurrency to invest in, SHIB offers both speculative potential and an active base of developers working on real use cases. This combination keeps it in the discussion even as new meme coins struggle to capture attention.