Shiba Inu Price Bottoms Out: Can SHIB Rally 10X This Cycle?
By: bitcoin ethereum news|2025/05/07 06:15:26
0
Share
Key Insights: SHIB burn rate rose 324% in 7 days, reducing supply and boosting scarcity. Hidden bullish divergence forms on the Shiba Inu price chart as price prints higher lows. Long-term SHIB holders up since 2022, supporting stability and breakout potential. Shiba Inu (SHIB) remains a hot topic among crypto analysts and traders, with growing interest in its potential for explosive growth this cycle. At the time of writing, Shiba Inu coin traded at $0.00001236, marking a 2.52% intraday drop and a 9.92% decline over the past week. Despite the pullback, analysts remain optimistic that the meme coin is setting up for a significant price surge. Analyst Predicts 10x to 15x Rally as Shiba Inu Nears Breakout Crypto influencer Illusion X named SHIB his top altcoin pick for the current cycle, predicting a 10x to 15x gain. His analysis aligned with broader sentiment among technical analysts calling for a breakout from current levels. Consequently, Javon Marks, a prominent crypto analyst, supported this bullish case by reiterating his long-standing prediction of Shiba Inu coin hitting $0.000081. He cited SHIB’s past price action, particularly the successful retest of the $0.0000108 breakout level after a rally to $0.00003329 in December 2024. This correction phase, he explained, confirmed SHIB’s macro structure, which remains bullish as long as the token holds above $0.0000108. Hidden Bullish Divergence Confirms Underlying Strength On the technical side, a hidden bullish divergence has formed on Shiba Inu chart. While the token’s price has posted higher lows, momentum indicators such as the RSI have shown lower lows. This divergence typically suggests growing buying pressure even when momentum temporarily appears weak. According to Marks, this pattern is often seen during continuation phases in a broader uptrend. A sustained move above $0.00002 could trigger renewed momentum, targeting resistance levels between $0.000030 and $0.000081. $0.000017 to $0.000019 is a key technical area, which SHIB price has struggled to overcome in recent weeks. The base being built above $0.00001290 is now seen as a launchpad for the next leg up, contingent on volume and broader market sentiment improving. Long-Term Holders Support SHIBA Inu Price Stability On-chain data from IntoTheBlock showed a notable increase in SHIB holders who have held the token for more than one year. This trend began in mid-2022 and has accelerated into 2025. Long-term holder growth reflects investor conviction and typically reduces sell-side pressure during pullbacks. In contrast, short-term holders, those who hold for less than 30 days, have declined by over 36.5%. This suggests that speculative behavior is declining, with investors leaning toward long-term accumulation strategies. Mid-term holders, or “cruisers,” have also increased by 3.15%, further supporting the view that the asset is maturing within its holder base. The change in holding pattern often precedes a sustained upward move, given that supply becomes increasingly illiquid and sellers become less inclined to react to short term volatility. SHIB Burn Activity Adds to Bullish Setup Moreover, Shiba Inu’s token burn rate has skyrocketed. In the last 24 hours, Shibburn also noted that over 2.2 million SHIB tokens were burned, an increase of 278.42%. According to the market data, SHIB burn rate for the past seven days rose 324.14% to over 313 million SHIB tokens burned over the last week. The SHIB burn system is designed to continuously decrease the circulating supply and increase supply scarcity, the idea being that this will make the coin worth more over time. If the demand establishes alongside supply, the pressure on the price in turn might intensify on the upside. Bullish technical formations, decreased short term selling, increasing long term holders and surge of token burn make it very likely for the breakout out of the range. So long as Shiba Inu holds the $0.0000108 base, its macro structure is intact. If the momentum continues to be bullish, the meme coin is going to revisit the highs in December and may possibly try to ascend to the $0.000081. Source: https://www.thecoinrepublic.com/2025/05/06/shiba-inu-price-bottoms-out-can-shib-rally-10x-this-cycle/
You may also like

Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
When a physical industry company injects physical assets into a Layer 1 project, it can easily create a valuation of 950 million dollars by calculating several times the value of the physical assets. Is this kind of capital game too outrageous? Does the crypto market really need such RWAs?

a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.

Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.

In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.

Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East
Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models
Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options
Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"
「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.
Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
When a physical industry company injects physical assets into a Layer 1 project, it can easily create a valuation of 950 million dollars by calculating several times the value of the physical assets. Is this kind of capital game too outrageous? Does the crypto market really need such RWAs?
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.
Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.
In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.