Shiba Inu News: Will SHIB Breakout Above $0.000045?

Shiba Inu News: The latest on-chain data suggests a bullish trend for Shiba Inu (SHIB), with analysts predicting a potential rally to $0.000045. Here’s what the metrics reveal and why investors are optimistic about SHIB’s future.

Shiba Inu News: Shiba Inu Gains Momentum Amid Market Volatility

Shiba Inu has been a standout performer in the meme coin sector, attracting attention despite recent volatility in the larger crypto market. The coin’s current performance up more than 6% has reignited investor confidence.

Meanwhile, the SHIB on-chain metrics also indicate a bullish market momentum. According to Santiment data, the Shiba Inu exchange supply declined significantly, indicating that funds are flowing out of the top crypto exchanges. Notably, the declining exchange supply indicates that investors are moving out funds from exchanges, which in turn could significantly boost the asset’s price.

On the other hand, the whale activity also noted a significant increase recently, indicating a bullish momentum ahead. Santiment data showed that whale transactions have noted a robust surge recently, after muted activity over the past few weeks.

Considering all these aspects, the future of the top dog-themed meme coin looks promising. So, let’s explore how the SHIB price is performing and how the meme coin might perform in the coming days.

SHIB Breakout Ahead?

The positive Shiba Inu news, especially the on-chain metrics, appeared to have boosted the market confidence. SHIB price today was up more than 6% and exchanged hands at $0.00002284, while its one-day trading volume dropped 9% to $610 million. Furthermore, Shiba Inu Futures Open Interest jumped nearly 10%, indicating a bullish market momentum.

Amid this, the recent technical Shiba Inu price chart indicates a breakout ahead. For context, the inverse head and shoulder pattern indicates that the crypto could hit $0.000035 in the near term. Once this target is achieved, the crypto will rally to about $0.000045 ahead.

Meanwhile, a recent SHIB price analysis also indicates that the crypto could hit the $0.000035 mark in the near term. Considering all these positive trends of the coin, it appears that SHIB is gearing up for a breakout soon.

✓ Share:

• Recommended
• Price Analysis

• Wall Street’s CPI Forecast: Expert Examines if Bitcoin Price Can Sustain Triangle Breakout?
• Avalanche Seeks $1B to Launch Treasury-Focused AVAX Firms in U.S.
• Dogecoin Leads Crypto Market Rally, Expert Sees $0.50 Target on DOGE ETF Launch
• Ethereum News: Latest On-chain Activity Hints Massive ETH Purchase by Bitmine (BMNR) and SharpLink (SBET)
• VanEck Pushes for Staked Hyperliquid ETF in US, Expects HYPE Coinbase Listing Soon

• Pump Price Forecast as $12M Buyback Fuels Scarcity — Is $0.01 in Sight?
• SUI Price Prediction as Mysten Labs Meets SEC Ahead of ETF Decision—Is $7.5 Next?
• Can Dogecoin Price Hit $1 as Derivative Volume Jumps Ahead of DOGE ETF Launch
• Bitcoin Price Prediction Eyes $150K as Trump Calls for Aggressive 100 BPS Rate Cut
• Solana Price Prediction: Can Nasdaq Listing and $94M Holdings Propel SOL Toward $400?

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.