Shiba Inu (SHIB) rose nearly 30% over the past week as retail capital rotated into high-beta assets to start the year. The gain allowed the token to occupy the 23rd spot in the global cryptocurrency rankings on Monday afternoon, ascending past its previous 25th-place standing.
Key Points
- The Rally: Shiba Inu (SHIB) surged nearly 30% this week, climbing to the 23rd spot in global rankings with a market capitalization of $5.58 billion.
- The Volume: Daily trading volume spiked 40.13% to $372.09 million, indicating strong retail participation and deep liquidity as capital rotates into high-beta assets for 2026.
- The Prediction: Market analyst Javon Marks identified a bullish divergence on high-timeframe charts, projecting a potential 246% price run toward the $0.000032 target level.
Market capitalization reached $5.58 billion during the rally. The opening week of 2026 suggests that traders’re seeking high-volatility instruments to kick off the new trading cycle.
The asset traded at $0.00000948 on Monday, marking a 1.81% increase over the previous 24 hours. Market analyst Javon Marks noted a structural change in the price trajectory.
He identified a bullish divergence on high-timeframe charts. Price momentum appears to be strengthening even though spot prices remained in a consolidation phase throughout much of December.
Marks suggests the current chart setup could trigger a 246% run toward the $0.000032 level. “Price breakout followed the bullish divergences in SHIB,” Marks stated in his post. He expects a move to the $0.000032 targeted area to begin here.
SHIB Volume and the ‘Zero-Eating’ Narrative
Increased trading activity provides the technical support for the current price move. As of Monday at 2:05 p.m. ET, data from CoinMarketCap reveals 24-hour trading volume grew 40.13% to $372.09 million.
High-volume environments are a requirement for meme coin sustainability because they indicate broad participation rather than isolated movements by a few large holders.
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Retail traders frequently focus on the psychological milestone of “eating a zero.” They use the phrase to describe the price crossing the $0.00001 threshold.
Current activity suggests that SHIB continues to function as social infrastructure for the retail market. Community-driven distribution allows for efficient liquidity capture.
Investors currently show a preference for liquid, community-owned tokens over newer protocols that face heavy sell-pressure from venture capital firms.
The Risk of Speculative Reversals
Historical data shows that SHIB remains prone to extreme volatility. Sharp gains in previous cycles frequently preceded significant corrections once speculative interest peaked.
High-beta assets often act as exit liquidity for larger market players during periods of retail exuberance. A failure to hold current support levels could result in a rapid erasure of the 30% weekly gain.
Meme coins lack the institutional backstop found in assets like Bitcoin or Ethereum. The $372.09 million in daily volume indicates deep liquidity, but that liquidity can evaporate quickly if the broader market sentiment turns negative. Investors face the risk that the 246% upside target remains a mathematical projection.
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Such models often ignore shifting macro conditions or regulatory changes affecting the meme coin sector.
Unit Bias and Retail Reach
SHIB remains a primary gateway for new market participants due to its high unit bias and presence on major centralized exchanges. The current circulating supply stands at 589.24 trillion SHIB.
For many retail investors, the ability to own millions of units for a small capital outlay remains a powerful draw. Psychological factors often drive demand for these assets more effectively than the technical utility of legacy blockchains.
The current volume spike confirms that the market supports the asset’s valuation for now. Professional desks note that high-volume environments ensure they can enter and exit sizable positions with minimal slippage.
High liquidity makes the asset a candidate for medium-term strategies regardless of the cautious stance the broader market holds toward other alternative coins.
