Price and market performance:

Current price at: approximately $0.00001401

Daily increase of +3.24%, and weekly increase of 18.21%, reflecting strong bullish momentum compared to the general market.

Market capitalization:

About $8.15 billion, with a global ranking between 22 and 28 on CoinMarketCap and CoinGecko

Trading volume (24 hours):

Approximately $291.94 million, with a relative drop in some periods of 16.9% – 37.2%, indicating volatility in activity.

Technical analysis:

Overall trend: Bullish on the daily timeframe since bouncing from support at $0.00001180, supported by strong buying momentum.

Moving averages: The price is moving above the 50 and 100-day averages, which reinforces the positive outlook.

Relative Strength Index (RSI): at level 64, close to the overbought area, indicating a potential short-term correction before continuing upward.

MACD indicator: gives a positive signal with a bullish crossover and continued distance between the lines.

Support levels: $0.00001360 – $0.00001320 – $0.00001250

Resistance levels: $0.00001450 – $0.0000152 – $0.00001650

Recent developments in the ecosystem:

Launch of the SHIFU token in December 2024 in collaboration with the Imaginary Ones system, with a total supply of 100 billion, of which 30% will be distributed via an airdrop to the community.

Expansion on the Coinbase Base network with a burn rate increase of 16,717% over 48 hours in July 2025, removing 602 million SHIB from circulation.

Launch of the official Shibarium website (shib.io) as a secure reference for the ecosystem.

Burn rate:

A rise of 6,500% in one day (July 2025), with the circulating supply currently around 589.24 trillion SHIB out of a total of 589.55 trillion SHIB.

Important notes:

Despite its beginnings as a volatile meme coin, Shiba Inu has evolved into a complete ecosystem that includes ShibaSwap, NFTs (Shiboshis), and DeFi applications.

Recommendations🔥🚀

Short term: Buy on any dip towards $0.00001360 – $0.00001380 targeting $0.00001450 then $0.00001520, with a stop loss below $0.00001340

Medium term: Hold positions as long as the price is above $0.00001300, targeting $0.00001650 – $0.00001800 if the bullish momentum continues.

Caution against entering at strong resistance levels without confirmation of a breakout, especially near $0.00001550

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