ShibaInu

Shiba Inu (SHIB), the meme-born cryptocurrency, is once again sparking headlines with bold price predictions. If SHIB were to hit $0.0007, a $1,000 investment today could balloon to an impressive $60,449, a staggering 6,044% return. This hypothetical scenario is fueling new retail interest as market watchers debate whether such gains are even feasible. Currently, SHIB is trading around $0.00001158. At that price, $1,000 secures roughly 86.35 million tokens. If SHIB hits the $0.0007 mark, those same tokens would yield over $60,000, making it one of the most lucrative small-investor trades in crypto history — assuming the token supply remains unchanged.
Resistance Levels & Supply Challenges
However, technical analysis reveals significant resistance zones. Between $0.000012 and $0.000014, more than 65 trillion tokens are held across 88,650 wallets, according to on-chain data. An even stronger resistance wall looms between $0.000014 and $0.000019, where over 500 trillion SHIB reside. Breaking through these barriers will require serious momentum, not just community hype.
Could Token Burns Change the Game?
To make the $0.0007 dream more plausible, crypto analysts are pointing to the need for drastic supply cuts. Shiba Inu’s current circulating supply is a jaw-dropping 589 trillion tokens. If this could be reduced to around 10 trillion through an aggressive burn strategy, some believe the price could feasibly climb without overtaking Ethereum’s market cap.
Analyst platforms like Telegaon suggest SHIB could reach the $0.0007 target by 2030. Changelly is more conservative, projecting a timeline between 2035 and 2039. Both agree that supply cuts and sustained community growth are prerequisites.
As it stands, SHIB’s market cap is hovering near $7 billion. Reaching $0.0007 would push that to $412 billion, placing it just behind Bitcoin in total value, an achievement that would require monumental adoption and consistent token burning.
What Could Spark the Rally?
Burn campaigns remain central to the Shiba Inu community, though a lack of clarity around execution and timing continues to cloud long-term projections. Any new burn mechanisms, decentralized apps, or ecosystem partnerships could sway momentum, especially if aligned with broader crypto market rallies.
Still, SHIB’s path to $0.0007 is speculative at best. While the potential returns are mouth-watering, the reality is that it would likely require years of ecosystem development, utility expansion, and an unprecedented level of investor participation.
The post appeared first on CryptosNewss.com
#shibaInu #memecoin $SHIB

Despite ongoing sell pressure from large holders, Shiba Inu (SHIB) is drawing attention once again. Even as whales appear to be capitulating, technical analysis suggests SHIB may be preparing for a major 52% rally.

SHIB Gains Slightly While Whales Retreat
As of June 25, SHIB has posted a modest gain and is currently trading at $0.00001175, which is 15% above its weekly low. This uptick coincides with a slight recovery across the broader crypto market.
While many whales (large SHIB holders) have been reducing their positions, the market structure hints that Shiba Inu may be setting up for a bullish reversal.

Double Bottom Formation Points to Potential 115% Upside
The daily chart shows that SHIB dropped 35% from its May peak of $0.00001765, landing around $0.00001172.
What’s notable is that SHIB has now formed a double bottom — a bullish chart pattern that often signals trend reversal. The key “neckline” resistance stands at $0.00001765.
🔹 Height of the pattern = $0.0000074

🔹 Target price = neckline + height = $0.00001765 + $0.0000074 = $0.000025
This implies a potential 115% rally, with the initial breakout target at $0.00001765, or 52% above current levels.

MACD and RSI Send Bullish Signals
Momentum indicators back this bullish scenario:
🔹 MACD has triggered a bullish crossover

🔹 RSI is climbing toward the neutral 50 level, indicating improving momentum
However, if SHIB falls below the double bottom support at $0.00001025, this would invalidate the bullish structure and point toward further downside.

Whales Are Selling, But SHIB Still Has a Chance
Despite encouraging technical signals, whale capitulation continues. According to Santiment data, large SHIB holders have been reducing their positions over recent months:
🔹 Wallets holding 100 million to 1 billion SHIB cut holdings to 17.92 trillion (from 18.8 trillion in December)

🔹 Wallets with 10 to 100 million SHIB dropped to 9.3 trillion (down from 9.44 trillion)

🔹 Wallets holding 1 to 10 million SHIB decreased to 2 trillion (from 2.07 trillion in February)
Large holder sell-offs are often seen as bearish signals, especially given their market influence. However, SHIB's price has held its ground, suggesting underlying support.

Optimism Builds Amid Broader Market Expectations
SHIB could benefit from broader bullish catalysts, such as:
🔹 Bitcoin balances on exchanges hitting all-time lows

🔹 Potential Fed rate cuts

🔹 Easing of Middle East tensions
Historically, SHIB and other altcoins tend to rally when Bitcoin gains strength. If BTC resumes its uptrend, SHIB could follow closely behind.

Conclusion: A Tug-of-War Between Technicals and Fundamentals
Shiba Inu is flashing mixed signals:

🔹 Technicals suggest a breakout is near,

🔹 Fundamentals reveal continued whale liquidation.
Still, if SHIB holds above key support levels, the technical pattern may prevail — giving this top meme coin a strong chance to rebound. Even in uncertain times, meme coins continue to surprise — and SHIB may have more to show.

#SHIB , #Shibarium , #CryptoAnalysis , #CryptoNewss , #shibaInu

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