On March 26, Shiba Inu price (SHIB) holds a value of $0.000015 per token. Within the last day, the SHIB price rose 14.35% and traded at $456.42 million according to recent statistics. The price increase emerges because investors rediscover meme coins and track the Shiba Inu project’s progress.
SHIB price opened trading the day at $0.0000132 before reaching its peak hour price of $0.00001562. In the past day, the lowest buying point reached $0.00001342, showing collective interest from buyers. Given an $8.74 billion market capitalization and 589 trillion SHIB circulating supply, the token keeps its position as one of the leading meme coins in cryptocurrency.
Whale Investors Accumulate Millions in SHIB Holdings
The Shiba Inu price growth results from different driving forces. Buyers seize SHIB as they expect rising value in the future. The overall market condition for cryptocurrency rises when Bitcoin and Ethereum increase in value which allows SHIB to gain investor trust.
The second essential component behind Shiba Inu’s activity is the introduction of Shibarium as its Layer 2 scaling solution. When more users join Shibarium, the need for SHIB tokens keeps increasing. Large investors in these past 48 hours purchased $75 million worth of SHIB tokens because of their role in boosting whale activity.
Recent data shows that SHIB burns have risen by 120% to diminish the total number of tokens. The supply reduction strategy positively affects SHIB’s market value in the future.
Shiba Inu Price Analysis
Shiba Inu price continues its strong rise by successfully passing important price barriers. The token needs to go past $0.0000158 in price to achieve a possible rise towards $0.000017. The token holds support at both $0.0000145 and at $0.0000129.
Technical tools show a strong upward trend for Shiba Inu price. At an RSI level of 64, SHIB stands near areas where buyers are likely to feel greedy. MACD indicators made a shift from bearish to bullish, along with the established upward market direction. The key indicators of Shiba Inu price’s bullish momentum show the tokens currently trading at levels above both its 50-day and 200-day moving averages.
On-Chain Analysis
On-chain measurements show SHIB’s investor whales buying at high speed which demonstrates their trust in its upcoming success. When big investors purchase and hold SHIB this creates grounds for rising prices because their buying behavior sets industry trends.
The amount of SHIB burned has surged significantly in recent periods. More SHIB tokens being permanently taken out of circulation create a shortage that improves prices over time.
Shiba Inu Price Prediction
Data from technical indicators shows positive market trends and whale buying habits support Shiba Inu price’s expected upward movement throughout the day. The price of SHIB should hit $0.0000165-$0.000017 when it clears the $0.0000158 resistance level. SHIB shows a pullback plan that extends from $0.0000138 to $0.0000132 when it falls to hold its support at $0.0000145.
During the following day, SHIB price should stay within the price range of $0.0000145 and $0.0000162. Market experts expect SHIB price to grow by 5% from here with minimal downside exposures unless the market turns bearish.
Long-Term Outlook and Market Sentiment
Experts in 2025 expect Shiba Inu prices to rise 12 times, which may result in $0.0001833 as its new value. The positive forecast results from SHIB’s adoption expansion plus more token destruction plus institutional support for meme coins.
SHIB token can grow stronger as the entire crypto market stays on its success path. Because meme coins tend to fluctuate drastically investors need to exercise caution when considering investments.
SHIB Price Breakout Suggests 10% Bullish Run
The X chart reveals SHIB price action showing a breakout from resistance that explains why Shiba Inu might have a bullish run and increase by 10% according to the post.
The presence of “X@SHIB-BTC” in the logo indicates that the graph displays $SHIB’s performance measured against Bitcoin due to their standard role in crypto trading for evaluating market position.
The post discusses a brand new DeFi platform named Shib Finance which supports reputation-based loans and connects to the ongoing advancements inside the Shiba Inu ecosystem revealed through Shibarium Updates.
Final Thoughts
The Shiba Inu market shows upward strength because both investors and traders believe it will continue to increase in price. Those who trade fast need to look for cross above $0.0000158 but lasting investors find value in earning passive income through staking. Investors should study market risks and individual opportunities before placing their money into any market.