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$Shiba Inu has continued to gain attention after delivering a notable price surge in the past day. The meme coin climbed 4% within 24 hours and extended its weekly gain to 7%, reflecting renewed strength after a period of consolidation. This upward shift comes as $SHIB pushes firmly above the $0.000008822 level, signaling improved buyer confidence. The broader crypto market has also supported this momentum, recording an overall 4% upswing that lifted several major altcoins, including $Shiba Inu. A major factor behind $SHIB’s recent move is the sharp rise in whale activity. More than 406 large transactions were recorded—its highest since June. In total, over 1.06 trillion $SHIB tokens changed hands, showing renewed interest from big holders. Large movements like this tend to reflect shifting investor behavior, whether it’s accumulation or strategic repositioning. $SHIB also held firmly above the $0.0000085 support level, strengthening the bullish outlook. Meanwhile, the broader crypto market continues its slow recovery, gaining nearly 1% in the last day. $Shiba Inu Sees Spike in Whale Activity, Suggesting Market Shifts The sudden jump in whale transfers has caught the attention of many traders. More than 1 trillion $SHIB tokens were moved into exchanges in a single day—an unusual level of activity. Over 400 transactions worth more than 100,000 $SHIB each were recorded, pointing to a significant change in market dynamics. Such large transfers often act as early signals of increased volatility. When whales become active, prices can move more sharply due to increased liquidity and shifting sentiment. As $SHIB currently ranks 24th among all crypto assets, its price tends to react quickly to changes in trading volume, which explains why many traders are closely monitoring these movements. Can $SHIB Price Reach $0.00001? The recent rally has pushed $SHIB to around $0.000008898, showing a solid 4% increase. On the 4-hour chart, $SHIB has already completed a major breakout, indicating stronger short-term momentum. With the price climbing above the resistance at $0.00000890, the next key target becomes $0.00000950. If $SHIB breaks this level with strong volume, a push toward $0.000010 becomes more possible. Technical indicators also support this potential. The MACD shows a bullish crossover, meaning the trend is gaining strength. The RSI currently sits near 69, placing $SHIB close to overbought territory—showing strong buying momentum but also hinting at possible short-term cooling. Overall, whether $SHIB reaches $0.00001 depends on continued whale activity, steady market recovery, and sustained buying pressure. If momentum holds, $SHIB could see another leg upward in the near term.

$SHIB Price Prediction: Targeting $0.00001019 by December 31st as Technical Indicators Signal Modest Rally SHIB price prediction suggests a potential 17% upside to $0.00001019 by year-end, supported by neutral RSI and bullish MACD momentum despite current consolidation phase.

Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle. Shiba Inu Sees Surge In Spot Trading Activity CoinGlass data show a 154% surge in Shiba Inu USD spot trading volume on Kraken over the last seven days. There has also been a significant surge on other major exchanges, such as Binance, Bybit, OKX, and Gemini, during the same period. This indicates that spot buyers may be stepping in to defend the SHIB price at a critical support amid the broader crypto market decline. Notably, Shiba Inu is one of the altcoins that are in the green over the last week, suggesting that the bulls may be in control at the moment. CoinMarketCap data shows that the second-largest meme coin by market cap is up almost 7% during this period despite Bitcoin’s choppy price action. Meanwhile, further data from CoinGlass also shows that most leverage traders are currently betting on an increase in the Shiba Inu price, with the long/short ratio currently above 1. However, it is worth noting that derivatives volume is down by over 10% and open interest is down by almost 4%, which presents a bearish outlook for the meme coin. Another positive for Shiba Inu, besides the surge in spot trading volume, is that the Fed is likely to cut interest rates again at this week’s FOMC meeting. This could inject more liquidity into the crypto market, with altcoins like SHIB benefiting from it. Meanwhile, Bitcoin is currently looking to hold above the psychological $90,000 level, which could pave the way for higher prices for SHIB given their positive correlation. Community Gives Update On SHIB’s Progress In an X post, Shiba Inu community member Shibizens gave an update on SHIB’s progress over the last few days. The community member noted that over 45 billion SHIB have been moved off exchanges, indicating that holders are accumulating. Shibizens also alluded to a $35 million whale transfer into a private wallet, suggesting that SHIB whales are also bullish. Furthermore, Coinbase is set to launch Shiba Inu futures on December 12 for institutional and retail investors, which could boost the meme coin’s adoption. Meanwhile, NYSE Arca has filed the 19b-4 for T. Rowe’s Shiba Inu ETF, bringing the ETF one step closer to launch. Shibuzens also highlighted upgrades on the Shibarium network, which could provide a major boost for SHIB. This includes the RPC upgrade, while a full privacy upgrade has been confirmed using encrypted tech. There are plans to roll this out by next year. At the time of writing, the Shiba Inu price is trading at around $0.000008498, up in the last 24 hours, according to data from CoinMarketCap. $SHIB $BTC

SHIB/USDTsell at 0.0408614 310usdt