SHIB – The Shib Daily

Howling into 2026

Gushiken Yona — Mon, 05 Jan 2026 20:05:04 +0000

IRS Eyes Overseas Crypto Reporting Under CARF — What It Means for SHIB

Michaela — Tue, 18 Nov 2025 12:57:36 +0000

The Trump administration has moved closer to approving rules that would let the Internal Revenue Service (IRS) access Americans’ foreign cryptocurrency accounts for taxation by joining the global Crypto-Asset Reporting Framework (CARF).

The Office of Information and Regulatory Affairs’ website shared that the Treasury Department submitted proposed rules to the White House on November 14 regarding U.S. participation in an international crypto tax reporting framework.

Earlier this year, the White House urged the Treasury Department and the IRS to implement rules that would bring the U.S. into the CARF, a global initiative enabling member countries to automatically share information on citizens’ cryptocurrency holdings to combat international tax evasion.

Several countries, including Japan, France, Canada, the United Kingdom, Germany, and Italy, as well as major crypto hubs like Singapore and the UAE, have already committed to CARF.

CARF Rules and What They Mean for SHIB Holders

The proposed CARF rules could significantly impact SHIB holders with assets in foreign exchanges or wallets. While the regulations don’t single out SHIB, they increase reporting requirements and transparency, meaning U.S. investors must track and declare their overseas holdings more carefully.

For active traders, this may affect how they move tokens across borders or select exchanges, as failing to comply could result in penalties. Long-term holders may also need to reassess their portfolio strategies, considering both tax exposure and the administrative burden of reporting.

Moreover, CARF could influence the broader Shiba Inu ecosystem by encouraging holders to favor domestic platforms that simplify compliance. Decentralized finance (DeFi) users who interact with cross-border liquidity pools or staking protocols might face additional scrutiny, making accurate record-keeping essential.

Overall, while the rules aim to curb tax evasion, they also spotlight the growing intersection of global crypto regulation and everyday investor responsibilities, emphasizing that even community-driven tokens like SHIB are not insulated from international financial oversight.

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post IRS Eyes Overseas Crypto Reporting Under CARF — What It Means for SHIB first appeared on The Shib Daily.

Japan FSA Plans Major Crypto Overhaul: New Rules, 20% Tax, Bank Access

Michaela — Mon, 17 Nov 2025 10:19:53 +0000

Japan’s Financial Services Agency (FSA) has reportedly begun planning a major update to the country’s crypto regulations, aiming to classify digital assets as “financial products” under the Financial Instruments and Exchange Act.

Local reports indicate that the FSA’s proposal would require domestic exchanges to provide mandatory disclosures for 105 listed cryptocurrencies, while also subjecting them to insider trading regulations for the first time.

If approved, the plan would require exchanges to provide detailed information on each of the listed tokens, including the presence of an identifiable issuer, the underlying blockchain technology, and the asset’s volatility profile. The FSA is expected to present the proposal to Japan’s main parliamentary session in 2026 for consideration.

Following Japan’s broader push to tighten and modernize crypto regulations, Shiba Inu (SHIB) has been added to the country’s “Green List” of pre-approved cryptocurrencies. This marks a key step in its regulatory recognition, placing SHIB alongside Bitcoin and Ethereum and potentially positioning it to benefit from the government’s proposed crypto tax reductions and FSA initiatives.

The proposal also aims to strengthen protections against insider trading in Japan’s crypto market. The bill would bar individuals or entities with access to non-public information, such as upcoming token listings, delistings, or signs of financial distress from issuers, from trading the affected cryptocurrencies.

Currently, Japanese residents report crypto profits as miscellaneous income, with top earners facing a 55% tax rate. This contrasts with many countries where crypto gains are treated as capital gains. Under the FSA’s proposed changes, earnings from 105 approved cryptocurrencies, including SHIB, would instead be taxed at a flat 20% rate, simplifying the system and potentially easing the burden on traders.

In October, the FSA began reviewing current regulations to explore allowing banks to hold cryptocurrencies such as Bitcoin as investment assets and to operate licensed crypto exchanges. The move would mark a major policy shift, as existing rules currently prevent banks from holding digital assets due to volatility concerns. Regulators are expected to assess risk management measures to mitigate potential market swings that could impact a bank’s financial stability.

If enacted, these regulatory changes could reshape Japan’s crypto landscape, creating clearer rules for investors and businesses while enhancing market transparency. By combining stricter oversight with tax incentives, the FSA appears poised to balance innovation with investor protection, signaling a new era of legitimacy and growth for digital assets in the country.

The post Japan FSA Plans Major Crypto Overhaul: New Rules, 20% Tax, Bank Access first appeared on The Shib Daily.

Japan Green-Lists SHIB, Targets Big Time Tax Savings

Gushiken Yona — Sun, 16 Nov 2025 23:27:02 +0000

The designation from Japan’s self-regulatory body makes SHIB a prime candidate for a proposed tax overhaul that would slash the rate on crypto gains from 55% to 20%.

Shiba Inu (SHIB) has secured a spot on Japan’s “Green List” of pre-approved crypto assets, a significant development that signals its market acceptance and positions it to benefit from a proposed government plan to slash crypto taxes. The inclusion places SHIB alongside Bitcoin and Ethereum in a trusted regulatory category, making it a prime candidate for a plan by Japan’s Financial Services Agency (FSA) to cut the tax on crypto gains from a high of 55% to a flat 20%.

Shiba Inu Green List Approval Aligns Japan Tax With Global Standards

Japanese residents currently must declare crypto-related profits as miscellaneous income on annual tax returns. Crypto traders in the country’s highest tax band pay 55% tax on their earnings. In many other nations, crypto gains are taxed separately as capital gains.

The FSA’s move would change that, meaning profits derived from 105 approved coins including SHIB will instead be subject to a flat 20% rate. The proposal appeared in coverage by Asahi Shimbun, which cited FSA sources stating the agency would seek government approval ahead of fiscal year 2026.

The Japan Virtual and Crypto assets Exchange Association confirmed the green list status of Shiba Inu on November 12, 2025. The token is listed across eight member exchanges, well above the three-exchange minimum required for green list inclusion.

The FSA has not yet made an official comment on the report. Government approval would be required for implementation, expected during budget proceedings in early 2026.

FSA Green List Vetting Applied Rigorous Standards to SHIB

The FSA used a wide range of selection categories to determine which coins made its approved green list. Selection criteria included project transparency, the financial stability and reputation of coin issuers, the soundness of their underlying technologies, and the perceived risk of price fluctuations.

The green list placement of Shiba Inu signals the token satisfied these stringent standards alongside Bitcoin, Ethereum, and 27 other approved assets. The proposed capital gains framework would eliminate Japan’s treatment of crypto as miscellaneous income, which subjected traders to progressive tax structures used for lottery winnings and irregular earnings.

Japan’s Proposed 20% Capital Gains Rate Matches International Norms

A Tokyo-based trader in Japan’s highest tax band earning 5 million yen ($33,000) in SHIB profits currently pays approximately 2.75 million yen ($18,150) in taxes under miscellaneous income classification. Under the proposed 20% capital gains structure, that obligation would drop to roughly 1 million yen ($6,600).

The 35-percentage-point reduction would place Japan’s crypto tax policy for green list assets in line with competitive developed-nation jurisdictions. Germany offers tax-free treatment for crypto holdings exceeding one year, while the United States applies capital gains rates ranging from 0% to 20% depending on income and hold period.

Finance Minister Katsunobu Kato confirmed regulators are finalizing the proposal. Prime Minister Shigeru Ishiba called cryptocurrency development “extremely important” for Japan’s economic challenges.

The FSA expects to present reform requests during budget proceedings in the first weeks of 2026. If approved, changes would take effect April 1, 2026, benefiting all green list cryptoassets including SHIB.

The post Japan Green-Lists SHIB, Targets Big Time Tax Savings first appeared on The Shib Daily.

SHIB Price Suggest Major Breakout Against Bitcoin: New Analysis

Michaela — Mon, 03 Nov 2025 10:00:44 +0000

The SHIB Price is exhibiting key technical patterns that suggest a major shift against Bitcoin, according to a new analysis published by crypto market analyst Javon Marks. The analyst’s chart, shared on X, identifies a classic “falling wedge” formation and a bullish divergence in momentum, indicating that selling pressure on the SHIB/BTC ratio is weakening. This observation places the $5.6 billion altcoin’s trading dynamics in immediate focus for investors tracking the market leader’s influence.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Key points:

Crypto analyst Javon Marks spotlighted a potential SHIB breakout against Bitcoin, citing a ‘falling wedge’ pattern and bullish MACD divergence as signals for reduced selling pressure and possible upward momentum.
Shiba Inu is currently trading at $0.0000096, down from $0.00001061 a week ago and $0.00001244 a month ago, with a circulating supply of roughly 589.24 trillion tokens.
Marks indicates that this technical pattern could potentially drive Shiba Inu’s price to increase by several hundred percent.

Shiba Inu Technical Analysis

The analysis published by Marks focused on technical patterns that indicate a potential change in market structure for the token. The chart displayed a ‘falling wedge’ pattern, which Marks interpreted as preceding a significant upward price reversal.

Marks pointed to the chart showing a ‘falling wedge’ pattern in the SHIB/BTC ratio, a configuration used in technical analysis to suggest a possible upward price reversal. He also cited a “bull divergence” in the underlying Moving Average Convergence Process (MACD) indicator as confirmation. Marks stated that these patterns put SHIB “on track to breakout against Bitcoin,” a technical term signifying that SHIB’s value is expected to appreciate at a faster rate than Bitcoin’s.

In an X post, Marks shared a chart that provided a technical analysis of SHIB. The chart displayed a ‘falling wedge’ pattern, which Marks cited as a sign of potential upward price reversal.

$SHIB looking on track to breakout against Bitcoin with a bull divergence holding here!

This could result in Shiba climbing hundreds of % higher… pic.twitter.com/XZdopEwlxh
— JAVONMARKS (@JavonTM1) November 2, 2025

“This could result in Shiba climbing hundreds of % higher,” Marks wrote in the post.The outcomes of technical patterns remain uncertain and dependent on market conditions.

SHIB Price Performance

As of 3:34 AM ET, SHIB is trading at $0.0000096. Over the past week, the token’s price was $0.00001061, and a month ago it stood at $0.00001244. SHIB’s circulating supply currently totals approximately 589.24 trillion tokens, according to CoinMarketCap data.

Shiba Inu was trading at $0.000009607 as of 4:50 a.m. ET on Monday, based on data from CoinMarketCap. The token’s 24-hour trading volume increased by 40.06% to $145.93 million.

This price represented a 5.66% decline in the past 24 hours, an 8.46% fall over the last seven days, and a 23.35% drop in the past month. The CoinMarketCap data set also revealed SHIB’s circulating supply currently totals 589.24 trillion tokens and its market capitalization stands at $5.68 billion.

Beyond technical indicators, market sentiment around Shiba Inu remains active, with social media discussions and community engagement continuing to influence short-term movements.

Broader cryptocurrency trends, including Bitcoin’s movements and evolving regulatory clarity, could influence SHIB’s short-term price performance, but its presence in decentralized finance (DeFi) platforms, NFT initiatives, and other blockchain ecosystems highlights its growing utility.

The analysis of technical patterns, including the falling wedge and MACD divergence, is not a guarantee of future market results. While these forecasts are based on historical charting principles, all outcomes remain uncertain and are subject to immediate shifts in broader cryptocurrency trends and market volatility.

The Shib Social Feed

The post SHIB Price Suggest Major Breakout Against Bitcoin: New Analysis first appeared on The Shib Daily.

Grayscale Sees 11 Altcoins Poised for Breakout Under New SEC Rules

Michaela — Mon, 03 Nov 2025 10:00:40 +0000

Grayscale Investments has predicted significant growth in the digital asset market, pointing to recent U.S. regulatory clarity that could spur a new wave of altcoin exchange-traded products (ETPs) and broaden access to regulated crypto investments.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Key points:

Grayscale Investments projects a surge in altcoin ETPs following the SEC’s approval of new generic listing standards, allowing broader crypto access for U.S. investors.
The firm expects 11 additional crypto assets, including Shiba Inu, Dogecoin, and Cardano, to qualify for spot ETPs under the updated SEC framework.
Analysts say the SEC’s shift toward standardized listings could accelerate institutional adoption and strengthen the connection between traditional finance and crypto markets.

Grayscale’s research team anticipates a sharp rise in the number of altcoins available through spot ETPs in the coming weeks, following recent regulatory adjustments by the U.S. Securities and Exchange Commission (SEC). In September, the SEC approved new generic listing standards for crypto asset ETPs, allowing tokens to be listed based on broad eligibility criteria rather than case-by-case reviews.

If an asset meets the new standards, exchanges will be permitted to list and trade ETPs tied to that token, provided a valid registration statement for the product is in effect.

Additionally, Grayscale anticipates that 11 additional crypto assets, excluding Solana, will meet the SEC’s new generic listing standards for ETPs. The firm added that the number of eligible digital assets is expected to grow further as the market continues to mature.

“The altcoins qualifying for ETPs under the new generic listing standards (including Solana) represent four of the six Crypto Sectors, and account for roughly 11% of total Crypto Sectors market capitalization,” the research team wrote. “Combined with Bitcoin and Ethereum, the assets available to U.S. investors through spot ETP products will account for about 90% of the Crypto Sectors market cap,” Grayscale added.

The 11 crypto assets include Cardano (ADA), Bitcoin Cash (BCH), Polkadot (DOT), Avalanche (AVAX), Litecoin (LTC), Dogecoin (DOGE),Chainlink (LINK), Hedera (HBAR), and Shiba Inu (SHIB).

The regulatory changes creating broader access to altcoin ETPs could have meaningful implications for Shiba Inu (SHIB). As one of the 11 digital assets expected to qualify under the SEC’s new generic listing standards, SHIB may gain greater exposure to both institutional and retail investors through regulated investment products.

This development could provide more transparency and potentially increase liquidity for the token, while also offering a framework for U.S. investors to engage with SHIB within established compliance guidelines. Analysts suggest that inclusion in ETPs does not guarantee price movement, but it may contribute to wider adoption and integration of SHIB in mainstream crypto markets.

The evolution of such regulated offerings illustrates how altcoins, including SHIB, are navigating the intersection of innovation, market participation, and regulatory oversight in the growing U.S. digital asset landscape.

The Shib Social Feed

The post Grayscale Sees 11 Altcoins Poised for Breakout Under New SEC Rules first appeared on The Shib Daily.

What Is Token Burning and Why Do Crypto Projects Do It?

Michaela — Tue, 28 Oct 2025 06:40:13 +0000

Ever wondered why some crypto projects literally destroy their own tokens? Welcome to the world of token burning, a curious ritual that sounds destructive but is actually one of the most strategic moves in crypto. In simple terms, token burning means permanently removing coins from circulation, poof, gone forever.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Key Points:

Token burning means permanently removing coins from circulation to control supply, influence value, and signal project confidence.
Projects burn tokens for reasons like boosting scarcity, rewarding holders, stabilizing ecosystems, managing governance, or celebrating milestones.
Burning can build trust and reduce inflation, but it doesn’t guarantee higher prices, its impact depends on real demand and purpose.

But here’s the twist: this “destruction” is often meant to create value. By reducing the total supply, projects can make their remaining tokens more scarce, which can influence price, stability, and community confidence. It’s one of those ideas that perfectly sums up crypto’s weird genius, sometimes, less really is more.

What Is Token Burning?

So, what exactly is token burning? Think of it as a blockchain version of taking money, locking it in a box, and throwing that box into space, no one’s ever getting it back. In crypto, this happens when tokens are sent to what’s called a burn address, a special wallet that can receive tokens but can’t ever send them out again. Once those tokens land there, they’re effectively gone for good.

The best part? You can actually see it happen. Because everything in crypto lives on a public blockchain, every token burn is recorded and verifiable. Anyone can check the burn address and confirm that the project really did what it said it did. No secret vaults, no shady backroom deals, just a transparent, blockchain-powered way of saying goodbye to a few tokens forever.

How Does Token Burning Work?

Let’s break it down step-by-step so it’s easier to picture how token burning actually happens.

1. A Project Decides to Burn Tokens

Maybe it wants to reduce the total supply, reward long-term holders, or boost scarcity. Whatever the reason, the team sets an amount of tokens to be burned.

2. The Tokens Are Collected

Sometimes, a crypto project uses profits to buy back its own tokens from the market, kind of like a company buying back its stock.

3. The Tokens Are Sent to a Burn Address

This is a one-way destination on the blockchain that no one controls. Once tokens land there, they’re gone forever.

4. The Blockchain Records It

Because every transaction is public, anyone can confirm that the burn actually happened. Transparency is built right into the process.

So, whether it’s to boost value, power a protocol, or just make things a little more exciting, token burning keeps the crypto ecosystem lively, and a bit smoky.

Why Do Crypto Projects Burn Tokens?

Token burning isn’t just a flashy stunt. Projects do it for a bunch of reasons, some practical, some symbolic, and some just to keep the community hyped. Here’s why the flames keep burning:

To reduce supply and increase scarcity – This is the classic reason. Fewer tokens in circulation can make each one more valuable, at least in theory. It’s the same logic that makes limited-edition sneakers sell out fast, scarcity drives demand.
To reward holders and build long-term confidence – When a project burns tokens, it signals to holders that it’s committed to the ecosystem’s health. It’s like saying, “We’re in this for the long run.” This kind of move can boost trust and loyalty among investors.
To stabilize the ecosystem – Some crypto projects use token burning as a deflationary mechanism. That means they burn a portion of tokens automatically, say, every time a transaction happens, to balance supply and demand over time. It helps prevent runaway inflation that can drag down token value.
To manage governance or utility models – In decentralized finance (DeFi) or decentralized autonomous organizations (DAOs), burning tokens can fine-tune how governance works. By reducing the overall supply, it can shift voting power, control inflation within the system, or adjust the cost of participating in network activities.
To celebrate milestones or community wins – Sometimes, projects burn tokens to mark big achievements, like hitting a certain user count or completing a major upgrade. It’s a way to turn progress into a moment of celebration and show appreciation for the community’s support.

Whether it’s about economics, governance, or good vibes, token burning is one of those rare crypto traditions that’s both functional and symbolic. It keeps projects flexible, focused, and connected to their communities.

The Pros and Cons of Token Burning

Like most things in crypto, token burning has two sides, some clever, some risky. Here’s the quick rundown.

Pros

1. Creates scarcity – Fewer tokens mean higher potential value. Burning makes remaining tokens more desirable by limiting supply.

2. Signals confidence – Burning shows commitment. It tells investors the project believes in its long-term vision.

3. Controls inflation – Regular burns can balance out token minting, keeping the ecosystem stable and deflationary.

Cons

1. No price guarantees – Burning doesn’t automatically raise prices. Demand and utility matter more than destruction.

2. Sometimes just hype – Some projects use burns for attention without real purpose. Always check the fundamentals.

3. It’s permanent – Once burned, tokens are gone forever. A wrong move can’t be reversed.

In short, token burning can spark real value, or just smoke. It all depends on why and how it’s done.

Burning Isn’t Destruction, It’s Strategy

At first glance, token burning might sound wild, why would anyone destroy their own tokens? But as you’ve seen, it’s not chaos, it’s control. By permanently removing tokens from circulation, crypto projects can shape supply, signal confidence, and fine-tune the balance of their ecosystems.

So the next time you hear about a burn event, don’t picture a bonfire of wasted coins. Think of it as a strategic move in the ever-evolving dance between scarcity, demand, and trust. Burning isn’t destruction, it’s design.

The Shib Social Feed

The post What Is Token Burning and Why Do Crypto Projects Do It? first appeared on The Shib Daily.

Legends and Ledgers

Gushiken Yona — Fri, 24 Oct 2025 15:45:13 +0000

Evolving Frames

The Shib Daily Desk — Sat, 18 Oct 2025 02:15:18 +0000

The post Evolving Frames first appeared on The Shib Daily.

Shiba Inu Rolls Out Stronger Shibarium Bridge with New Security Features

Gushiken Yona — Tue, 14 Oct 2025 21:33:45 +0000

Shiba Inu has rolled out a more secure version of the Shibarium Plasma Bridge, reinforcing the network’s BONE transfer system with two new safeguards; a blacklist mechanism and a seven-day withdrawal delay, designed to protect users, validators, and ecosystem liquidity from malicious activity.

Bridge Reopens with New Safeguards

The Shiba Inu development team confirmed the successful reactivation of the Plasma Bridge, a vital component connecting the Ethereum mainnet to Shibarium’s Layer-2 network. This bridge enables the movement of BONE tokens, the ecosystem’s gas and governance token, between the two chains.

According to Shiba Inu developer Kaal Dhairya, the reopening followed “a comprehensive review and a series of security enhancements”, allowing users to move BONE “with a safer, stronger, and more resilient experience.”

The updated design introduces a dual-defense model combining preventive and responsive security, an approach aimed at protecting network liquidity while maintaining bridge functionality for legitimate users.

How the Delay and Blacklist Strengthen the Bridge

Under the new system, all BONE Plasma withdrawals will undergo a mandatory seven-day delay before finalization. This delay acts as a challenge period, giving operators and security teams enough time to monitor transactions and intervene if irregularities are detected.

“Plasma’s strength is fraud-resistance,” Dhairya explained. “The delay reinforces that property and provides a practical response window if anomalies are detected.”

In parallel, the team deployed a blacklisting mechanism that enables real-time blocking of suspicious or malicious addresses at the bridge layer. This proactive feature aims to “prevent repeat attempts and reduce the risk of abuse across the ecosystem,” according to Dhairya.

Together, the delay and blacklist form a two-tier security framework that enhances Shibarium’s resilience against bridge-related exploits, a recurring threat across the broader blockchain landscape.

Independent Validation and Hexens Audit

Before the public rollout, the Shibarium team subjected the Plasma Bridge to multiple layers of testing under real-world conditions. Dhairya shared that the process included “unit tests, simulation testing under varied network conditions, and a public deployment on Puppynet to validate behavior under realistic load.”

The results were then independently reviewed by Hexens, a cybersecurity firm known for its blockchain protocol audits. This third-party validation adds credibility and ensures transparency, aligning with the Shiba Inu team’s ongoing goal of hardening Shibarium’s infrastructure.

Next Steps: Expanding Token Coverage

Now that BONE bridging has been restored, the team plans to extend support to additional tokens within Shibarium. Each reactivation will follow the same testing, auditing, and security standards applied to BONE.

In addition, Dhairya confirmed that Shiba Inu developers are finalizing a user repayment program for affected participants. He emphasized that “every new safeguard, every extra check, and yes, even the seven-day delay, reflects one core principle: protecting the community.”

Why This Matters for the Ecosystem

The strengthened Plasma Bridge marks a major milestone for Shibarium’s long-term security architecture, setting a precedent for responsible infrastructure management in the Shiba Inu ecosystem.

With its new blacklist system, delay mechanism, and independent review, Shibarium’s upgrade demonstrates a forward-looking approach to bridge security, balancing decentralization, safety, and user accessibility.

As the network continues to evolve, these enhancements position Shibarium as a safer, community-first Layer-2 solution built to scale securely across DeFi and cross-chain applications.

The post Shiba Inu Rolls Out Stronger Shibarium Bridge with New Security Features first appeared on The Shib Daily.

Hardening The Core

The Shib Daily Desk — Fri, 10 Oct 2025 16:16:25 +0000

Someone Just Bought 120B SHIB for $1.5M; New Whale Move or Something Bigger?

Michaela — Tue, 07 Oct 2025 09:30:55 +0000

“I bought 120 billion SHIB as my final trade in this bull market. Follow along to laugh at me or cheer me on,” the Reddit user wrote. With that post, user “an525” sparked buzz across the Shiba Inu (SHIB) community subreddit after revealing over a million-dollar purchase of 120 billion $SHIB tokens.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Key points:

A Reddit user purchased 120 billion SHIB for around $1.5 million, marking their last trade before the current bull market ends.
The purchase earned the buyer “whale” status in the Shiba Inu community, highlighting the influence large holders can have on token activity.
Uptober, a historically bullish period in October, is driving attention toward SHIB and other altcoins, with the community engaged and optimistic about potential market momentum.

Several members of the subreddit have responded by congratulating the user, praising the sizable purchase, and referring to them as a “MIGHTY WARRIOR” in the Shiba Inu community. Some chimed in and called the move, “Amazeballs.”

For those unfamiliar with the term, in crypto, a whale is someone who holds a large amount of a cryptocurrency, enough to potentially influence its price when they buy or sell. “Uptober” is a term coined by the cryptocurrency community to describe a historically bullish trend in October.

The name blends “up” (indicating price increases) with “October,” reflecting a tendency for positive market performance during this period. It’s become shorthand for the month’s potential to bring gains and heightened investor optimism in crypto markets.

Historically, various cryptocurrencies have recorded notable gains during this month, making it a time when traders and enthusiasts pay closer attention to market movements, hype cycles, and potential rallies. While not guaranteed, Uptober has become part of crypto culture as a symbol of seasonal market momentum and community excitement.

Uptober has been particularly significant for Bitcoin, and the trend has followed suit this year. On October 6, Bitcoin surpassed its previous record, reaching a historic all-time high of $126,069, according to CoinMarketCap data.

As the crypto market rides the momentum of Uptober, attention is turning not just to Bitcoin, but also to altcoins like SHIB. SHIB continues to capture the community’s interest, with its holders actively engaging across social platforms and fueling the token’s vibrant culture.

Enthusiasts and analysts alike are watching to see how broader market trends could shape SHIB’s movement in the weeks ahead. For the SHIB Army, the focus remains on participation, long-term growth, and the shared excitement that has always defined the community, keeping momentum strong and the ecosystem energized.

The Shib Social Feed

The post Someone Just Bought 120B SHIB for $1.5M; New Whale Move or Something Bigger? first appeared on The Shib Daily.

SHIB ETF Path Clears Now; VP Warns on Market Risks

Gushiken Yona — Mon, 29 Sep 2025 08:20:09 +0000

Listen to This Article

Hit play below to hear the narrated version.

The U.S. Securities and Exchange Commission’s approval of new generic listing standards has defined a direct path for a potential spot Shiba Inu ETF. The asset meets the key requirement as its futures contract has been trading on the CFTC-regulated Coinbase Derivatives exchange for over a year. As the path clears for a wave of new crypto ETFs, including one for SHIB, 3iQ’s Executive Vice President of Product, Greg Benhaim, warns of the significant market challenges that lie ahead.

Key Points

Expert Warns of ETF Glut: Greg Benhaim of 3iQ cautions that the imminent launch of numerous crypto ETFs will create a hyper-competitive environment for capital and could confuse retail investors.
SHIB Now ETF-Eligible: Shiba Inu meets the SEC’s key requirement for an ETF because its futures have been trading on the CFTC-regulated Coinbase Derivatives exchange since July 15, 2024.
Challenge Shifts to Market Competition: With the regulatory path clear, the success of a potential SHIB ETF now hinges on its ability to compete for investor attention and capital in a crowded field.

Expert Cautions on Imminent ETF Wave

In response to new SEC guidelines for ETFs, Greg Benhaim, Executive Vice President of Product at 3iQ, offered a counter-narrative focused on practical market challenges. Drawing from his firm’s experience as an ETF issuer in Canada, he highlighted the potential downsides of this sudden market expansion in a note shared with The Shib Daily.

“At first glance, this seems bullish for the industry,” Benhaim shared. “However… it may be challenging for issuers to fight for raising capital when new products are being listed every single day.”

He also underscored the risk for retail participants who will soon face a barrage of new products. “To the average investor, they may have a tough time distinguishing between which coins to purchase,” Benhaim explained. “For example an AVAX ETF and an ADA ETF are very different but the investor may not appreciate this fully.”

How New SEC Rules Make a SHIB ETF Possible

Benhaim’s warning coincides with the removal of regulatory hurdles for a spot SHIB ETF. The SEC’s new generic listing standards allow exchanges to list crypto ETPs without a lengthy approval process, provided the asset has a futures contract that has traded for at least six months on a CFTC-regulated market.

Shiba Inu meets this critical requirement. According to a market notice from Coinbase Derivatives, futures for “1k Shib (SHB)” began trading on its platform on July 15, 2024.

Having traded for over 14 months, the SHIB futures contract exceeds the SEC’s six-month mandate, placing it in the same eligibility pool as assets like Solana and Polkadot. The new SEC rule makes a spot SHIB ETF a regulatory possibility.

From The Shib: How Shiba Inu Can Unlock Its SHIB ETF Future

Focus Shifts to Market Viability and Competition

The SEC’s decision alters the process for listing crypto investment products in the U.S. The primary challenge for issuers now involves proving an asset’s viability in a competitive market.

For the Shiba Inu community, which has long advocated for an ETF, the new rules signal the beginning of a more competitive phase. As Benhaim noted, the market itself will now act as the ultimate filter.

The proliferation of funds “will pave the way for the industry to identify which assets have significant retail appeal in ETF format and which don’t.”

The Shib Social Feed

The post SHIB ETF Path Clears Now; VP Warns on Market Risks first appeared on The Shib Daily.

Shibarium Bridge Exploit: Kaal Drops Latest Dev Report Post Hack

Gushiken Yona — Mon, 22 Sep 2025 12:52:56 +0000

Listen to This Article

Hit play below to hear the narrated version.

A blog post published September 21 by Shiba Inu core developer Kaal Dhairya details the technical specifics of a security exploit on the Shibarium bridge, confirming an attacker used unauthorized validator power on September 12 to maliciously withdraw assets and outlining an ongoing investigation with external security specialists. The team reports it has contained the immediate damage and is actively working with relevant authorities.

Key Points:

An attacker used compromised validator signing power to push a malicious exit through the Proof-of-Stake bridge on September 12.
Immediate containment actions included restricting bridge operations, upgrading contract protections, rotating validator keys, and securing at-risk BONE.
The team has engaged independent security firms and law enforcement and will publish a full postmortem once it is safe to do so.

Incident Details Revealed

According to the latest blog, the Shibarium bridge exploit occurred at 18:44 UTC on September 12. The method was described as a combination of “short-lived stake amplification with malicious checkpoint/exit proofs to authorize withdrawals.” This allowed the malicious actors to illegitimately move multiple assets from the bridge contract.

Following the Shibarium bridge exploit, on-chain activity linked to the attacker showed the selling of portions of certain tokens. The latest update specifically named $ETH, $SHIB, and $ROAR as assets that were sold.

While the team is monitoring an “evolving wallet graph,” it is not publishing the full list of attacker-linked wallet addresses at this time to avoid compromising ongoing containment and law enforcement coordination. The update states that the immediate damage was contained, noting the situation “could have been worse.”

From The Shib: Shibarium Now Faces Test of Resilience After Over $4M Hack

Immediate Defensive Actions

Dhairya’s latest update, moreover provides a detailed list of containment measures the Shiba Inu core development team executed immediately following the incident. These actions were broken down into several categories.

Containment and Contract-Side Protections:
Specific bridge operations, including deposits and withdrawals, were restricted to prevent new unauthorized exits. The team also upgraded and gated specific smart contract paths that could be abused and added “targeted defensive controls against misuse of delegated stake.”
Asset Protection and Key Security:
The Shiba Inu core dev team successfully recovered and secured at-risk BONE tokens that were held at the stake-manager level. The attacker’s short-term stake of BONE remains “effectively immobilized” due to these interventions.

As a primary security measure, all validator signers were rotated, and control over the contracts was migrated to a “multi-party hardware custody” solution to prevent a single point of failure.

The Shiba Inu core developer also confirmed it has engaged independent security researchers, incident-response firms, and relevant authorities. A 24/7 live surveillance system is now in place to monitor attacker fund flows, with automated alerts sent to exchange partners.

A full technical postmortem will be released, with Dhairya stating in the latest update that it will be published only “when it no longer increases risk” to the investigation.

The Shib Social Feed

The post Shibarium Bridge Exploit: Kaal Drops Latest Dev Report Post Hack first appeared on The Shib Daily.

Analysts See Shib Bullish Setup—Could This Trigger a 500% Surge?

Gushiken Yona — Tue, 09 Sep 2025 07:31:16 +0000

Listen to This Article

Hit play below to hear the narrated version.

Shiba Inu ($SHIB)has snapped free from weeks of downward pressure, breaking a key resistance line on September 8 — a move that traders say could ignite one of the token’s biggest rallies yet.

Key Points

SHIB breaks through a descending trendline that capped price since late August.
Analysts highlight triangle formation and MACD divergence as bullish signals.
Forecasts range from a 34% rally to a potential 500%+ breakout.

Analysts are pointing to multiple bullish chart formations, including a descending triangle and MACD divergence, with projections ranging from moderate gains to an explosive breakout.

The breakout occurred on Sunday, when SHIB pushed past a resistance line that had held since late August. Crypto analyst MarkETHreal highlighted the move in a post on X, writing: “$SHIB breakout in some style. Look how clean the setup looks that SHIB [is] following.” His remarks added to a growing chorus of traders emphasizing the strength of SHIB’s technical structure.

Triangle Formation and 34% Target

Following the initial surge, analyst Carl “The Moon” Runefelt identified a larger pattern unfolding on SHIB’s daily chart. In a Monday post, he described a potential horizontal triangle that, if confirmed, could propel SHIB significantly higher. His chart projected a 34.10% increase, targeting a price of roughly $0.00001588.

Descending triangles often signal a major move when price breaks out, and in this case, the pattern is tilted toward a bullish outcome. Runefelt’s analysis reinforced the idea that SHIB may be entering a period of upward momentum after weeks of consolidation.

Long-Term Bullish Divergence

Adding to the optimism, crypto trader Javon Marks had flagged a broader bullish divergence days before the breakout. On September 2, he noted that SHIB’s chart confirmed a “BULLISH PATTERN in a Regular Bull Divergence with the MACD Histogram.”

According to Marks, this signal could trigger a “major bullish reversal back to the upside,” potentially leading to gains of over 163% and pushing SHIB back into the 0.00003 range. He also suggested that this move may only be the beginning, pointing to a possible breakout target of 0.000081 — a surge of more than 570%.

From The Shib: ShibaSwap: Unlock the Ultimate Digital Economy Engine for Traders and Earners

What It Means for Traders

As of 2:15 a.m. ET on Tuesday, Shiba Inu was trading at $0.00001290, up by 3.26% on the day with a 24-hour trading volume up by 75.68%, based on the data from CoinMarketCap. SHIB is holding above its recently broken trendline.

While the immediate breakout has fueled optimism, it is worth noting that chart patterns are only projections, not guarantees. Still, the alignment of multiple bullish indicators has placed Shiba Inu firmly on traders’ watchlists as one of the more promising meme tokens to monitor in September.

The Shib Social Feed

The post Analysts See Shib Bullish Setup—Could This Trigger a 500% Surge? first appeared on The Shib Daily.

Beyond the Howl: Courage and Shiba Inu Forge Partnership in Real Value, Not Just Hype

Gushiken Yona — Wed, 03 Sep 2025 12:46:35 +0000

Listen to This Article

Hit play below to hear the narrated version.

Forget the empty announcements and inactive partnerships that often circulate in crypto.

In late August, Courage ($CCDOG) and Shiba Inu launched a joint initiative within the Shiba Inu community, known as the Shib Army. The collaboration launched with a successful $50,000 USDT giveaway and has unveiled plans for future rewards, including an exclusive NFT airdrop for LEASH holders and an activation inside SHIB: The Metaverse.

This approach is already providing measurable value to participants and marking one of the first substantive demonstrations of partnership in the ecosystem.

What started as a tribute to the Shiba Inu spirit has rapidly evolved into one of the most significant new alliances in Web3. This partnership has moved beyond mere words, delivering tangible rewards and setting a new standard for what a community-first initiative can achieve.

Forged in Trust: The Bedrock of the Alliance

Inspired by the classic cartoon character, the Courage ($CCDOG) project was conceived with a core philosophy of transforming market fear into fortitude. From its inception, the project’s creators have emphasized a commitment to the principles of decentralization and community trust, mirroring the foundational ethos of Shiba Inu.

This commitment is reflected in Courage’s tokenomics: a zero-tax policy, a renounced smart contract, and permanently locked liquidity. The Courage team has emphasized that this alignment is a deliberate choice. By adopting the Shiba Inu blueprint, they have ensured the project’s DNA is fundamentally community-first, a structure designed to build credibility through transparency and action rather than hype.

From the Magazine: The Echo of Our Howl: How the Shiba Inu Spirit Now Inspires a New Ally in Courage

A Partnership Solidified Through Engagement

A key highlight of this alliance was the 50,000 USDT “SHIB x CCDOG” giveaway, which successfully brought both communities together. The event was designed as a tangible sign of Courage’s commitment to giving back.

But the giveaway was just the beginning. The collaboration is now set to reward one of the Shiba Inu ecosystem’s most dedicated groups with a gesture focused on long-term value.

The Courage team has confirmed that an exclusive NFT reward is being prepared for LEASH holders, designed to honor the dedication of this loyal community and strengthen the bridge between the two aligned visions.

Further cementing the partnership, an activation event is planned within SHIB: The Metaverse. This move is seen as a crucial step in demonstrating the depth of the alliance.

“Joining SHIB: The Metaverse isn’t just symbolic,” the Courage team shared with The Shib Daily. “It’s proof that our partnership extends beyond words. We’re building experiences that bring real utility and fun to our holders, while giving the Shib Army something new to engage with.”

From the Magazine: The Solo Architect Unveils Epic Plan for Courage’s Growth

A Bridge Between Ecosystems

The Courage and Shiba Inu alliance stands out for its focus on tangible deliverables. By adopting a community-first approach with a fair launch and transparent tokenomics, Courage has strategically aligned itself with the core values of the Shib Army.

The project has also achieved notable milestones independently, securing listings on centralized exchanges such as MEXC, BitMart, and many others. This has significantly increased its accessibility to a broader range of investors and enhanced its liquidity.

For the Shiba Inu ecosystem, this partnership represents an opportunity to expand its reach and demonstrate the power of its community in attracting and fostering allied projects that contribute real value.

The Path Forward: A Vision for 2025

The team behind Courage has ambitious goals that align with their partnership strategy. Their 2025 vision is ambitious, aiming to expand the holder base tenfold and secure more top-tier exchange listings. The roadmap also features a continuous rollout of community-focused initiatives, including further NFT integrations, metaverse activations, and other developments designed to deliver long-term value that investors can look forward to.

Perhaps most importantly, Courage’s vision is not about competition. The team explained that their goal is to amplify the spirit of the Shib Army, showing that its ethos can inspire allies who add value rather than subtract from the brand.

As this collaboration continues to unfold, it serves as a powerful example of how meme tokens can evolve beyond speculation to build lasting value through strategic partnerships and an unwavering commitment to community.

The Shib Social Feed

The post Beyond the Howl: Courage and Shiba Inu Forge Partnership in Real Value, Not Just Hype first appeared on The Shib Daily.

Shiba Inu Now on Folks Finance: First Memecoin with Cross-Chain Lending

Gushiken Yona — Tue, 02 Sep 2025 17:00:54 +0000

Listen to This Article

Hit play below to hear the narrated version.

Shiba Inu (SHIB) has broken new ground by entering the cross-chain decentralized finance (DeFi) arena through a listing on Folks Finance. The move allows SHIB to be used for lending and borrowing across multiple blockchains for the first time, a significant functional expansion for the popular token powered by Chainlink’s interoperability technology.

The integration with the decentralized non-custodial protocol marks a pivotal step in the Shiba Inu ecosystem’s ongoing effort to build greater utility beyond its memecoin origins. By enabling SHIB to operate seamlessly on different networks, the listing unlocks new potential for its holders to engage in sophisticated DeFi activities without being confined to a single blockchain.

Key Points

New DeFi Utility: SHIB is now available for lending and borrowing on Folks Finance, allowing holders to earn yield or use their tokens as collateral across different blockchains.
Chainlink-Powered: The cross-chain functionality is enabled by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which ensures secure asset transfers between networks.
Market First: Folks Finance announced SHIB as “the first memecoin with crosschain lending markets,” with financial incentives now live for users who deposit the token.

A Move into Multichain Finance

Folks Finance announced the listing in a Sept. 2, 2025, post on the social media platform X, detailing the new capabilities for the token. The platform described the integration as creating “one unified pool with deep liquidity” and confirmed that users can now “Deposit and borrow $SHIB on any chain.”

The collaboration leverages Chainlink’s CCIP to address the long-standing issue of blockchain fragmentation. The protocol allows a token like SHIB, which is native to Ethereum, to be securely represented and used on other networks. This process typically involves locking the original asset in a smart contract and minting an equivalent version on the destination chain, ensuring the token’s total supply remains consistent and secure.

.@Shibtoken is now listed on Folks Finance.

The first memecoin with crosschain lending markets, powered by @chainlink CCIP for interoperability.

➤ Deposit and borrow $SHIB on any chain
➤ One unified pool with deep liquidity
➤ Incentives live for depositors pic.twitter.com/f5OoBR2Sxz
— Folks Finance (@FolksFinance) September 2, 2025

This new functionality provides SHIB holders with capital efficiency, allowing them to participate in DeFi markets on emerging blockchains without selling their assets or relying on less secure, third-party bridges.

Broader Implications for Shiba Inu

The integration represents a strategic expansion of the Shiba Inu ecosystem, complementing initiatives like its layer-2 network, Shibarium. By embracing cross-chain interoperability, SHIB is better positioned to compete in the broader DeFi landscape. Holders can earn passive yield through lending, leverage tokens as collateral for borrowing, and access incentives designed to attract liquidity and strengthen market activity.

With this listing, Shiba Inu moves further beyond its meme coin origins, embracing functional utility and interoperability that empower holders to participate in decentralized finance like never before.

The post Shiba Inu Now on Folks Finance: First Memecoin with Cross-Chain Lending first appeared on The Shib Daily.

Convano Sets $3B Bitcoin Target: What It Means for SHIB Holders

Michaela — Mon, 01 Sep 2025 14:53:23 +0000

Tokyo-listed Convano Inc. has unveiled a bold plan to raise ¥434 billion ($3 billion) for the purchase of 21,000 Bitcoin (BTC), positioning itself among the largest corporate holders of the asset.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Key points:

Tokyo-listed Convano aims to raise $3B to acquire 21,000 BTC, targeting a top-tier corporate Bitcoin holding.
The move spotlights growing institutional adoption, potentially boosting market sentiment beyond Bitcoin.
Convano’s strategy mirrors Michael Saylor’s model, using stock momentum to fund further Bitcoin acquisitions.

According to a report by Bloomberg, Convano’s target purchase would account for roughly 0.1% of Bitcoin’s total supply. As of August 25, however, the company had secured just 2% of its fundraising goal and currently holds 365 BTC.

Convano reportedly intends to emulate the approach popularized by Michael Saylor’s Strategy, aiming to attract both retail and institutional investors, boost its stock valuation, and leverage that momentum to fund additional Bitcoin acquisitions.

“We will enhance corporate value with the new plan which will increase our stock price 10 times,” Motokiyo Azuma, a Convano director overseeing the company’s finance and cryptocurrency strategy, stated.

From The Shib Magazine: One Shib, Many Chains: The Official Blueprint for Interoperability

Additionally, the company frames the initiative as a strategic response to macroeconomic challenges. It notes that the yen’s 21% depreciation against the dollar over the past decade has raised labor and material costs in Japan’s consumer services sector.

Azuma explained that Convano began considering Bitcoin due to the yen’s depreciation and ongoing geopolitical risks, viewing the cryptocurrency as a reliable long-term store of value.

Of the funds raised so far, ¥4.5 billion (around $30 million) came from corporate bonds. Convano plans to pursue its Bitcoin acquisitions in three phases, with Nomura Securities and SMBC Nikko Securities serving as brokers. The company has not revealed any anchor investors or provided a timeline for completing its fundraising efforts.

Convano Bitcoin Move: Implications for SHIB Holders

Convano’s aggressive Bitcoin treasury strategy spotlights the continued acceleration of institutional adoption in the crypto space. When major corporations commit significant capital to digital assets, it often signals confidence in the market, creating positive sentiment that can extend beyond Bitcoin.

For SHIB holders, this could mean heightened interest in alternative tokens, driving increased liquidity and trading activity. As investors explore opportunities beyond the dominant crypto, SHIB could benefit from stronger market demand, greater visibility, and renewed attention from both retail and institutional participants.

This trend reinforces SHIB’s potential role in a more mainstream, diversified crypto ecosystem, emphasizing how high-profile corporate moves can indirectly strengthen smaller but established projects in the market.

The post Convano Sets $3B Bitcoin Target: What It Means for SHIB Holders first appeared on The Shib Daily.

Shiba Inu Breaks Into Mainstream Finance with New European ETP

Gushiken Yona — Fri, 29 Aug 2025 12:45:27 +0000

Listen to This Article

Hit play below to hear the narrated version.

Shiba Inu (SHIB) is taking a major step toward mainstream financial adoption as asset manager Valour lists a new Exchange-Traded Product (ETP) on Sweden’s Spotlight Stock Market. This regulated offering allows traditional investors to gain exposure to SHIB directly through their banks and brokers, bridging a key gap between digital assets and conventional investment platforms.

Key Points

European Access: Valour’s SHIB ETP allows investors to buy Shiba Inu using Swedish krona through regular banks and brokerage accounts.
Mainstream Adoption: The listing provides legitimacy and visibility for SHIB, enabling investors to access it without relying on crypto exchanges or wallets.
U.S. Spot ETF Challenges: Approval of a U.S. spot ETF for SHIB faces higher regulatory hurdles, particularly the absence of a CME-regulated futures market.

A Bridge Between Crypto and Traditional Finance

The Valour Shiba Inu ETP, priced in SEK, is part of a broader expansion of eight crypto ETPs in Europe. It provides regulated exposure for investors who may be unfamiliar with or hesitant to use digital wallets and exchanges. The product comes with a 1.9% management fee.

“Nordic investors continue to seek simple and transparent access to a wider range of digital assets,” said Johanna T. Belitz, Head of Nordics at Valour. She added that the new products are “directly aligned with the market’s demand for diversified exposure.”

From The Shib Magazine: One Shib, Many Chains: The Official Blueprint for Interoperability

We’re proud to expand our Nordic product suite with the launch of eight new SEK-denominated ETPs on @__Spotlight___ Stock Market – Valour now provides 85+ ETPs across Europe, reinforcing our leadership in regulated digital-asset investment solutions.

“Nordic investors… pic.twitter.com/icfJ8FenmV
— Valour (@ValourFunds) August 27, 2025

By including SHIB alongside blockchain projects like VeChain and Celestia, Valour positions it as a viable option for diversified investment strategies. This helps move Shiba Inu beyond its “meme coin” origins toward recognition as a durable digital asset with a large, active community.

The U.S. Regulatory Landscape and SHIB ETF Prospects

While the European ETP is a milestone, a potential U.S. spot ETF for Shiba Inu remains a complex challenge. Following spot Bitcoin and Ethereum ETF approvals, a more crypto-receptive administration has sparked optimism, and the SEC is reviewing over 75 crypto-related ETF filings.

From The Shib Magazine: One Shib, Many Chains: The Official Blueprint for Interoperability

Market analysts predict favorable odds for spot ETFs tracking major altcoins like Solana and XRP, with key deadlines approaching in October 2025. Approval of these assets would set a precedent for Shiba Inu.

However, a key hurdle remains: the SEC historically requires a regulated futures market, such as one on the Chicago Mercantile Exchange (CME), for spot crypto ETFs. Currently, Shiba Inu does not have a CME-listed futures product.

Valour’s European listing gives investors immediate, regulated access to Shiba Inu, demonstrating growing demand for mainstream crypto products. While a U.S. spot ETF remains a longer-term goal, this launch highlights SHIB’s evolution from community-driven meme token to a recognized digital asset in regulated financial markets.

The post Shiba Inu Breaks Into Mainstream Finance with New European ETP first appeared on The Shib Daily.

CFTC Opens Door to Offshore Exchanges — What It Means for SHIB

Michaela — Fri, 29 Aug 2025 06:28:37 +0000

Summary: How could the CFTC new guidance affect U.S. crypto trading?

The CFTC new guidance allows offshore exchanges to legally serve U.S. traders, increasing access to digital assets. More registered platforms could boost liquidity and trading volume. Overall, it provides traders with more options and greater confidence in participating in regulated markets.

Listen to This Article

Hit play below to hear the narrated version.

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight has released guidance on the Foreign Board of Trade (FBOT) registration process, clarifying how non-U.S. entities can legally offer U.S. residents direct access to their trading platforms.

The CFTC stated in an official release that its FBOT registration framework covers all types of markets, including both traditional financial assets and digital assets, ensuring a uniform approach across asset classes.

“By reaffirming the CFTC’s longstanding approach to provide U.S. traders with choice and access to the deepest and most liquid global markets, with a wide range of products and asset classes, American companies that were forced to set up shop in foreign jurisdictions to facilitate crypto asset trading now have a path back to U.S. markets,” Acting Chairman Caroline Pham stated.

The CFTC’s latest guidance reflects a continuation of a long-standing practice. Since the 1990s, U.S. investors have been able to trade on foreign exchanges registered with the CFTC under the FBOT framework. With this update, Americans seeking secure and compliant access to overseas markets are now explicitly welcomed, while U.S. markets are made more accessible to global participants.

The CFTC noted that the move aligns with its ongoing efforts to support the Trump administration’s agenda for strengthening American leadership in digital assets, as part of the Commission’s broader “crypto sprint” initiative.

CFTC Move Could Expand SHIB Access

Allowing offshore exchanges to legally register and serve U.S. traders could have a notable impact on the Shiba Inu (SHIB) ecosystem. With more venues listing SHIB under full regulatory compliance, U.S. holders may gain easier access to trading, while liquidity could see a meaningful boost.

Increased market participation and trading volume may strengthen activity within the SHIB ecosystem, benefiting both retail and institutional participants. The broader objective of this initiative is to bring more crypto activity under U.S. oversight, improve market liquidity, and dismantle the “walled garden” effect that has limited American traders to a smaller set of platforms.

Ultimately, this could foster a more dynamic and robust market for SHIB, giving holders more options and greater confidence in participating within regulated U.S. channels.

The post CFTC Opens Door to Offshore Exchanges — What It Means for SHIB first appeared on The Shib Daily.

115 Crypto Firms Push Senate to Shield Devs – Impact on Shib

Michaela — Thu, 28 Aug 2025 08:41:39 +0000

Summary: Why are crypto firms urging the Senate to protect developers in new legislation?

They argue that developers and non-custodial service providers should not be regulated like traditional financial intermediaries. Without clear protections, innovation could move overseas, weakening U.S. leadership in digital finance. Safeguards would ensure open-source builders can keep advancing blockchain technology without restrictive barriers.

Listen to This Article

Hit play below to hear the narrated version.

A coalition of 115 crypto firms, including exchanges like Coinbase, Kraken, and Uniswap Labs, along with investors and advocacy groups, has called on the U.S. Senate to ensure protections for software developers and non-custodial service providers are included in upcoming market structure legislation.

In a letter to Congress, the coalition urged lawmakers to establish strong, nationwide safeguards for software developers and non-custodial service providers within market structure legislation, warning that the bill cannot gain their support without these protections.

“As much-needed digital asset law develops in the United States, it is critical that legislation recognizes and preserves the historical protections afforded to open-source software development, and ensures that software developers and non-custodial service providers who create, support, and enable access to decentralized networks are not forced into unworkable regulatory categories designed for the traditional, intermediated financial world,” the letter wrote.

The coalition emphasized that the United States has long fostered a supportive environment for software development, enabling the country to remain at the forefront of technological innovation over the past fifty years, from early internet advancements to the rise of artificial intelligence.

Furthermore, the firms contend that to maintain U.S. leadership in the digital financial era, and to realize the Trump Administration’s goal of positioning the country as the “crypto capital of the world”, market structure legislation must recognize blockchain as neutral infrastructure and provide clear protections for both the developers building it and the non-custodial service providers facilitating user access.

The crypto firms warn that in the absence of clear legislation, the United States risks falling further behind in software development as regulatory uncertainty drives innovation elsewhere.

Crypto Firms Caution on Intermediary Rules and Innovation

The debate over whether software developers and non-custodial services should be treated as financial intermediaries carries direct implications for ecosystems such as Shiba Inu.

Without explicit protections, developers working on Shibarium could be subjected to heightened compliance obligations, creating delays for upgrades like cross-chain bridges, liquidity integrations, and other infrastructure improvements.

For SHIB holders, the outcome of this policy battle may shape how quickly the ecosystem advances and whether its decentralized finance services remain open, permissionless, and accessible to a global user base.

Industry advocates argue that imposing intermediary-style regulations on builders who never take custody of user funds risks stifling the pace of innovation in projects like Shibarium, where agility and decentralized participation are core to growth.

The post 115 Crypto Firms Push Senate to Shield Devs – Impact on Shib first appeared on The Shib Daily.

Citi Warns High-Yield Stablecoins Could Shake Crypto Markets, SHIB Impact

Michaela — Tue, 26 Aug 2025 10:28:07 +0000

Summary: Why is Ronit Ghose warning about high-yield stablecoins?

Citi’s Ronit Ghose warned that offering interest on stablecoins could cause large withdrawals from banks, similar to the surge of money market funds in the 1980s. This shift could raise banks’ funding costs, leading to higher borrowing expenses for households and businesses. Experts caution that widespread movement toward high-yield stablecoins may disrupt the traditional banking sector and credit markets.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Ronit Ghose, Global Head of Citi’s Future of Finance division, has cautioned that offering interest on stablecoin holdings could prompt significant bank withdrawals, echoing the 1980s money market fund surge, and potentially raising funding costs and credit rates.

According to a report by the Financial Times, Ghose drew parallels between potential outflows from interest-paying stablecoins and the surge in money market funds during the late 1970s and early 1980s. Adding to the concern, Sean Viergutz, a banking and capital markets advisory lead at PwC, warned that a migration of consumer funds toward higher-yielding stablecoins could pose significant risks for the traditional banking sector.

Ghose warned that banks might encounter increased funding costs if they turn to wholesale markets or raise deposit rates, a scenario that could drive up borrowing expenses for both households and businesses.

Ghose’s warnings about higher funding costs for banks add context to the ongoing debate over stablecoin regulations, emphasizing the potential strain on traditional banking if interest-bearing crypto products gain traction.

The GENIUS Act bars stablecoin issuers from offering interest to holders but does not restrict crypto exchanges or related businesses, prompting concerns from the banking sector.

US banking groups, led by the Bank Policy Institute, have urged regulators to close what they see as a loophole that could allow indirect interest payments, warning it might trigger $6.6 trillion in deposit outflows and disrupt credit for businesses and households.

The crypto industry has pushed back, arguing that tightening the rules would favor traditional banks and hinder innovation, even as the US government continues to support dollar-pegged stablecoin adoption.

Stablecoins Shift Could Ripple Through SHIB Market

For SHIB holders, these developments could have indirect but meaningful implications for the market. As investors pursue higher yields from stablecoins, they may rebalance their crypto portfolios, potentially reducing exposure to tokens like SHIB and affecting its trading volume and overall demand.

Over time, such shifts could influence price dynamics and liquidity in the SHIB market, particularly if a significant portion of the crypto community reallocates capital toward interest-bearing stablecoins.

This scenario spotlights how broader regulatory changes and market trends in the crypto sector can ripple across altcoins, impacting investor behavior, market confidence, and even adoption rates, even when a token is not directly involved in stablecoin products.

The post Citi Warns High-Yield Stablecoins Could Shake Crypto Markets, SHIB Impact first appeared on The Shib Daily.

Japan’s Finance Minister Backs Crypto — What It Could Mean for SHIB

Michaela — Tue, 26 Aug 2025 10:28:04 +0000

Summary: What did Japan’s Finance Minister say about cryptocurrencies and investment?

Japanese Finance Minister Katsunobu Kato highlighted that cryptocurrencies, despite their high volatility, can be part of diversified investment portfolios if a proper investment environment is created. He emphasized that the government is working to balance regulation with innovation. These efforts aim to build a safer and more structured market for crypto investors.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Japanese Finance Minister Katsunobu Kato has acknowledged that cryptocurrencies can play a role in diversified investment portfolios, remarks he made during his keynote at the Web3 Conference WebX 2025.

According to Bloomberg Japan, Finance Minister Kato noted that “cryptoassets have the risk of high volatility, but by creating an appropriate investment environment, they can become a target for diversified investments.” He further stressed that the government is working to establish a balanced regulatory framework that supports innovation while avoiding excessive restrictions.

The report also noted that the Liberal Democratic Party’s 2025 House of Councillors election platform includes initiatives aimed at building a nation focused on asset management, such as implementing insider trading regulations and establishing separate taxation to ensure transaction integrity.

The announcement comes after reports that Japan’s Financial Services Agency (FSA) plans to approve the nation’s first yen-backed stablecoin, paving the way for fiat-backed digital tokens as early as this fall.

Tokyo-based fintech firm JPYC is set to register as a licensed money transfer business this month and spearhead Japan’s first yen-backed stablecoin launch. The stablecoins will maintain a 1:1 peg with the Japanese yen, supported by highly liquid assets including bank deposits and government bonds. Upon purchase, the tokens will be transferred to users’ digital wallets via bank transfers.

Finance Minister Signals Regulatory Support That Could Benefit SHIB Investors

These developments highlight that the Finance Minister’s focus isn’t on hacks, specific infrastructure, or ETFs at this stage — it’s on legitimizing cryptocurrencies as part of investment portfolios and fostering a healthier trading environment.

This regulatory emphasis could have direct implications for SHIB in Japan. By positioning crypto as a recognized asset class, Japan may create a more favorable environment for SHIB holders, with potential benefits including clearer tax treatment, fairer rates, and enhanced trading infrastructure. A regulated framework could also support smoother SHIB liquidity on Japanese exchanges, improving accessibility and encouraging wider adoption.

In addition, as Japan continues to refine its crypto regulations, SHIB investors could see increased confidence in the market, encouraging both long-term holding and active trading. Over time, these regulatory measures could position Japan as a key hub for SHIB trading, giving holders greater assurance and access to a more robust and secure ecosystem.

The post Japan’s Finance Minister Backs Crypto — What It Could Mean for SHIB first appeared on The Shib Daily.

‘Coinbase Hacker’ Spends $8M on Solana — SHIB Holders Take Note

Michaela — Mon, 25 Aug 2025 11:02:24 +0000

Summary: What recent activity has the Coinbase Hacker conducted?

The Coinbase Hacker recently spent nearly $8 million buying Solana, after previously selling large amounts of Ether. This shows that stolen crypto can still move even when wallets are publicly tracked. Blockchain transparency allows monitoring, but it doesn’t prevent the transfer of funds once they reach exchanges or platforms.

A crypto wallet linked to the so-called “Coinbase Hacker,” accused of stealing over $300 million from Coinbase users, has reportedly purchased nearly $8 million worth of Solana (SOL).

Blockchain analytics platform Lookonchain reported that the hacker converted DAI to USDC, bridged the funds to the Solana network, and acquired 38,126 SOL through multiple transactions.

The hacker who stole $300M+ from #Coinbase users bought 38,126 $SOL($7.95M) at $209 in the past 2 hours.https://t.co/AUBIKUuNND https://t.co/s9rRYnK7M8 https://t.co/GlDgWxZ5T2 pic.twitter.com/AIc0hLEpxQ
— Lookonchain (@lookonchain) August 24, 2025

The wallet linked to the alleged “Coinbase Hacker” first drew attention in June when it sold 26,762 Ethereum (ETH), valued at $69.25 million at the time. Lookonchain reported that in July, the same wallet made two significant purchases, including 649 ETH for $2.3 million at an average price of $3,562 per token.

The recent activity by the Coinbase Hacker has sparked considerable attention online, with observers questioning how the wallet can continue trading under scrutiny and which exchanges may be processing the transactions.

The Coinbase Hacker’s recent trades emphasize the challenges of tracking stolen crypto even when wallets are publicly labeled and under surveillance. Analysts note that while blockchain transparency allows anyone to monitor transactions, it does not automatically prevent the movement of funds once they enter exchanges or decentralized platforms.

Coinbase Hacker Spurs SHIB Security Focus

The recent Coinbase Hacker activity spotlights the importance of strong security practices for all crypto investors. For SHIB holders, it emphasizes why relying solely on exchanges can leave assets vulnerable to theft or exploitation.

Using personal wallets provides greater control over private keys and reduces the risk of losing funds in the event of an exchange breach. Beyond wallet security, enabling multi-factor authentication adds an extra layer of protection, making it significantly harder for unauthorized actors to access accounts.

Staying informed about market activity and blockchain developments is equally critical, as it allows investors to spot unusual transactions or potential threats early. Regularly updating software, using unique and strong passwords, and considering hardware wallets for larger holdings are practical steps to mitigate risk.

While hacks and exploits can affect the broader cryptocurrency ecosystem, adopting these proactive security measures empowers SHIB investors to safeguard their tokens and navigate the market with greater confidence. Vigilance and education remain key tools in maintaining asset security in a rapidly evolving digital landscape.

The post ‘Coinbase Hacker’ Spends $8M on Solana — SHIB Holders Take Note first appeared on The Shib Daily.

Coins vs Tokens: Key Differences Every Crypto User Should Know

Michaela — Mon, 25 Aug 2025 06:07:24 +0000

Key points:

Definition and Structure: Coins are native to their own blockchains (like Bitcoin), while tokens are built on top of existing blockchains (like SHIB on Ethereum).
Purpose and Use: Coins act as general money, store value, and secure networks, whereas tokens serve specialized roles such as accessing services, voting, gaming, or representing NFTs.
Practical Implications: Knowing the difference helps with security, investing, wallet management, and using DeFi applications correctly.
Importance for Crypto Users: Understanding coins vs tokens prevents confusion, boosts confidence, and provides a clearer view of the Web3 ecosystem.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

If you’ve ever dipped a toe into the world of crypto, you’ve probably stumbled across the debate of coins vs tokens, and maybe wondered why everyone seems to use the terms interchangeably. Spoiler: they’re not the same thing, even if people sometimes toss them around like synonyms.

The confusion is totally normal. After all, both live on blockchains, both have value, and both can be traded. But here’s the catch: their roles, how they’re created, and what they’re meant to do are very different.

What Are Coins?

When people start asking about coins vs. tokens, the “coin” part usually makes the most sense. Coins are the OGs of the crypto world. Think Bitcoin and Ethereum, digital assets that live on their very own blockchains. If the blockchain is the country, the coin is the official currency.

Coins aren’t just whipped up out of thin air. They’re created through processes like mining (where computers solve puzzles to add new blocks to the chain) or staking (where holders lock up their coins to help secure the network and earn rewards). In both cases, the network runs smoothly because people are putting in work or resources to keep it safe.

So what do you actually do with coins? A lot, actually:

Payments: Send coins like Bitcoin quickly across borders, no banks required
Value Storage: Hold them long-term, similar to storing gold, to preserve wealth
Network Security: Help power the blockchain by securing the network and validating transactions

Coins are the foundation that makes everything else in crypto possible. Without them, the whole coins vs. tokens conversation wouldn’t even exist.

What Are Tokens?

If coins are the official money of a blockchain, tokens are more like special passes that live on top of an existing blockchain. When people talk about coins vs. tokens, tokens are usually the trickier part to wrap your head around. Unlike coins, tokens don’t have their own blockchain. Instead, they piggyback on platforms like Ethereum or Solana, using those networks to exist and operate.

Tokens come in different flavors depending on what they do:

Utility Tokens: Give you access to a product or service, like paying fees on a platform or unlocking features
Governance Tokens: Let holders vote on decisions in decentralized organizations, like shaping the future of a project
NFTs (Non-Fungible Tokens): Unique digital collectibles, art, or in-game items that you can truly own
Stablecoins: Pegged to real-world assets like the US dollar to keep value steady

So what can you actually do with tokens? A lot of things beyond just storing value:

Access Services: Use tokens to interact with apps or pay for digital services
DeFi Participation: Lend, borrow, or earn rewards in decentralized finance platforms
Gaming: Own in-game items that can be traded or sold
Voting: Influence decisions in DAOs and other community-driven projects

Tokens are the versatile side of crypto, letting people do all sorts of creative and practical things on top of existing blockchains.

Coins vs Tokens: The Key Differences

By now, you probably have a sense of what coins and tokens are, but the real question is how to tell them apart. The coins vs tokens debate comes down to a few key differences that make each type unique.

Ownership of the Blockchain: Coins live on their own blockchains, like Bitcoin or Ethereum. Tokens, on the other hand, are built on top of existing blockchains, borrowing their infrastructure to function.
Function and Purpose: Coins usually act as general money, they can be spent, saved, or used to secure the network. Tokens are more specialized. They can give access to services, let you vote in governance, or even represent unique digital items like NFTs.
Examples Side by Side: Bitcoin is the classic coin, native to its blockchain. SHIB, on the other hand, is a token built on Ethereum, used for various community and decentralized finance (DeFi) activities.

Think of it this way: coins are like a country’s currency, reliable and widely accepted. Tokens are like coupons, membership cards, or tickets, each serving a specific purpose while depending on the larger system around them. Understanding this distinction makes navigating crypto much easier, whether you are trading, investing, or just exploring the space.

Why This Difference Matters

Understanding coins vs tokens is more than just a trivia question. Knowing the difference can actually make your crypto life a lot smoother and safer.

Security and Risk Considerations: Coins often carry different risks than tokens because they operate on their own blockchains. Tokens rely on the security of another blockchain, so knowing the type helps you understand potential vulnerabilities.
Investing and Trading Implications: Coins and tokens behave differently in markets. Coins might be seen as long-term stores of value, while tokens can have very specific use cases that influence their price. Recognizing the difference helps you make smarter investment decisions.
Practical Use: Coins are often easier to spend or store, while tokens unlock services, governance rights, or in-game items. Knowing which is which helps you manage wallets, interact with DeFi apps, or send crypto to friends without mistakes.
Avoiding Confusion: Calling SHIB a coin when it is actually a token may seem small, but it can create misunderstandings about what you can do with it and how it works. Understanding coins vs tokens keeps you confident in your crypto knowledge.

In short, getting this distinction right helps you navigate the crypto space with clarity, security, and a bit more confidence.

Closing Thoughts

The coins vs. tokens debate may seem tricky at first, but here’s the good news: both are essential pieces of the Web3 puzzle. Coins provide the backbone of blockchain networks, while tokens unlock all sorts of creative, practical, and financial possibilities on top of them.

The final takeaway is simple. Understanding the difference between coins and tokens gives you a clearer view of the crypto world. It helps you make smarter decisions, whether you are trading, exploring DeFi, collecting NFTs, or just keeping up with the latest crypto trends. A little knowledge goes a long way in making your journey through crypto smoother, safer, and more fun.

The post Coins vs Tokens: Key Differences Every Crypto User Should Know first appeared on The Shib Daily.

Shiba Inu Developer Unveils New LEASH v2 Migration Strategy

Gushiken Yona — Fri, 22 Aug 2025 16:03:03 +0000

In Brief

Ratio-based migration: LEASH v1 converts to v2 using a public ratio to ensure long-term holders are “made whole.”
Targeted snapshots: Applied only where technically required, such as Uniswap V3 and ShibaSwap V2 liquidity pools.
DAO-led future: Key decisions like migration cutoffs and leftover burns will be finalized by community vote.

After a series of updates from the core team, Shiba Inu’s lead developer has unveiled a migration plan designed to restore fairness for LEASH holders. The strategy combines a ratio-based conversion with targeted snapshots, aiming to protect long-term investors and chart a path out of the rebase controversy.

In his latest blog post published Friday, lead developer Kaal Dhairya addressed the challenges posed by LEASH v1’s unexpected rebases, which continue to affect the token’s supply. “Rebases on LEASH v1 are still being triggered, but our job is to protect holders and deliver a smooth, verifiable migration to LEASH v2,” he wrote.

A Hybrid Model for Fairness

At the core of the plan is a “holder-equivalence” model. Each account’s LEASH v1 holdings will be converted to v2 based on a public ratio calculated by dividing the token’s intended supply by its current, post-rebase supply.

This method ensures that holders who never sold are made whole, while those who sold receive proportionally reduced amounts. “Held = whole. Sold = reduced. Sold out = zero (unless you rebuy),” Dhairya explained.

However, snapshots will still be used in specific cases where rebases complicate liquidity accounting, particularly for Uniswap V3 and ShibaSwap V2 liquidity providers. Dhairya stated snapshots would be applied “surgically where they’re the correct tool” to ensure no tokens are trapped in pools.

Exchange Cooperation Still Uncertain

Centralized exchanges remain a key variable. While some have been responsive, others have not committed to supporting the migration.

“Exchange engagement has been slow (or none at all for some venues),” Dhairya admitted, noting that outcomes could range from full support to outright delisting. Crypto.com and Gate.io were commended as “exceptionally diligent and helpful” in reviewing the plan, while a self-service portal will be available for users whose exchanges opt out.

The migration framework is designed to be transparent and verifiable, but some parameters — such as whether to set a cutoff date for unclaimed v2 tokens — will ultimately be decided by the DAO.

Dhairya emphasized that the approach “honors long-term holders, naturally reduces sellers, remains auditable, and gives venues a viable way to support you.”

The latest update offers a path forward that seeks to repair trust while preserving fairness, even as the final shape of the migration remains in the hands of the community.

The post Shiba Inu Developer Unveils New LEASH v2 Migration Strategy first appeared on The Shib Daily.

Shiba Inu Bullish Divergence Signals Possible 155% Price Explosion

Gushiken Yona — Fri, 22 Aug 2025 11:52:33 +0000

In Brief

Analyst targets 155% rally: Javon Marks highlights a bullish divergence on Shiba Inu’s chart, projecting a potential move to the $0.000032 level.
Pattern explained: A bullish divergence forms when price makes lower lows while momentum indicators like MACD make higher lows — often signaling weakening selling pressure.
Previous call reinforced: Marks first flagged this setup in August, suggesting the current move may mark the start of a larger reversal for SHIB.

Listen to This Article

Hit play below to hear the narrated version.

Shiba Inu (SHIB) could be on the verge of a major rally, with an analyst eyeing a potential 155% price surge if current technical patterns hold.

Crypto analyst Javon Marks has identified a technical pattern in the Shiba Inu price chart that he suggests could signal a significant upward movement. The analyst pointed to an ongoing “bullish divergence,” a pattern he believes could precede a price rally of over 155% from current levels.

In a recent post on the social media platform X, Marks stated that the bullish case for the token remains intact. “Bull Divergence on $SHIB (Shiba Inu) goes unchanged,” he wrote, adding that the token “remains on watch for a >155% move back to the $0.000032 areas.”

The comment reiterated an earlier analysis from August 6th, in which Marks first detailed the pattern. In that post, he noted that the divergence was confirmed earlier in the year and that prices may be preparing for a resulting run. “Prices of Shiba could climb over 156% to reach the $0.000032 levels,” he said at the time, “and that may only be the start of a larger reversal.”

The Technical Pattern in Focus

The analyst’s forecast is based on a bullish divergence observed between the asset’s price and a key momentum indicator. In technical analysis, this pattern occurs when the price of an asset records a lower low while a corresponding indicator, such as the Moving Average Convergence Divergence (MACD), forms a higher low.

$SHIB still fresh off of a divergence that was confirmed earlier this year and prices may only be preparing for a run in result of this!

With that divergence, prices of Shiba could climb over 156% to reach the $0.000032 levels and that may only be the start of a larger reversal. https://t.co/kAE7699tuD pic.twitter.com/uooG0YXwDW
— JAVONMARKS (@JavonTM1) August 6, 2025

Analysts who use this method interpret the pattern as a potential sign that downward price momentum is weakening. The theory suggests that even as the price falls, underlying selling pressure is decreasing, which could create conditions for a potential trend reversal. The chart provided by Marks shows this formation on the SHIB chart, with lines drawn to emphasize the opposing trends between the price action and the indicator.

The MACD indicator itself is a tool used to gauge the strength and direction of a market trend. It is calculated using two different exponential moving averages and is displayed with a signal line and a histogram, which shows the distance between the two lines. When the MACD line prints higher lows while the price prints lower lows, it signals the divergence Marks referred to.

Broader Market Context

The analysis comes as Shiba Inu, along with the broader digital asset market, navigates a period of prolonged consolidation. For several months, the price of SHIB has traded within a relatively tight range, following a significant downturn from its previous highs. This lack of clear direction has left many traders looking to technical patterns for clues about the asset’s next major move.

The chart shared by Marks also includes a hand-drawn arrow projecting a potential future price trajectory, pointing from the current levels toward a target labeled at the $0.000032 price zone. While technical analysis uses historical patterns to forecast potential outcomes, these patterns do not guarantee future performance and are subject to broader market conditions.

The post Shiba Inu Bullish Divergence Signals Possible 155% Price Explosion first appeared on The Shib Daily.

Federal Reserve Official Says Staff Should Own Crypto: What This Means for SHIB

Michaela — Wed, 20 Aug 2025 12:33:16 +0000

Summary: How could Federal Reserve staff owning crypto impact the broader market?

Allowing Fed employees to hold small amounts of crypto could help them gain practical experience with digital assets. This hands-on knowledge may lead to smarter, more informed regulatory decisions. As a result, the market could benefit from clearer rules, improved liquidity, and greater confidence among investors.

Federal Reserve Vice Chair for Supervision Michelle Bowman has suggested that the US central bank reconsider its restrictions preventing employees from purchasing cryptocurrencies, arguing that easing the ban could allow staff to gain a deeper understanding of the technology.

Speaking at the Wyoming Blockchain Symposium, Bowman said the central bank should consider permitting staff to hold “minimal amounts of crypto” or other digital assets to gain practical insight into how they function. Bowman noted that the Federal Reserve is developing a supervisory framework for digital asset issuers, emphasizing that direct experience with ownership and transfers is vital to fully grasping how these systems operate.

Currently, Federal Reserve employees and their spouses are prohibited from holding cryptocurrencies or related investment products, including exchange-traded funds (ETFs) and shares in crypto-focused firms. The central bank imposed stricter investment rules in early 2022 following revelations that three senior officials engaged in questionable trading activity during 2020.

Furthermore, Bowman suggested that the current restrictions may hinder the Fed’s ability to attract and retain examiners with specialized knowledge. She argued that practical experience with digital assets provides a stronger foundation for trust and understanding than relying solely on theoretical knowledge gained from reading.

Bowman criticized what she described as an “overly cautious mindset” among bank regulators, urging them to take a more open approach to financial innovation. She emphasized that new technologies should be viewed as tools to strengthen, rather than threaten, the existing financial system.

Federal Reserve Crypto Insight Could Benefit SHIB

Expanding on Bowman’s perspective, a deeper regulatory understanding of digital assets could carry meaningful implications for retail investors and communities surrounding tokens like Shiba Inu (SHIB). By allowing Federal Reserve staff to gain hands-on experience with cryptocurrencies, regulators could develop rules that are more informed, practical, and reflective of real-world usage.

For SHIB holders, this approach could translate into a regulatory environment that avoids overly restrictive measures, which might otherwise limit trading or liquidity. Clearer, experience-driven regulations would support broader adoption and market participation, giving investors confidence in the token’s usability and long-term prospects.

Moreover, informed oversight could encourage innovation within the U.S. crypto market, making it easier for platforms, exchanges, and developers to introduce new products and services that include tokens like SHIB. Overall, such regulatory insight has the potential to strengthen both market stability and the growth of community-driven digital assets.

The post Federal Reserve Official Says Staff Should Own Crypto: What This Means for SHIB first appeared on The Shib Daily.

SEC Signals Most Tokens Aren’t Securities: What It Means for SHIB Holders

Michaela — Wed, 20 Aug 2025 07:10:37 +0000

Summary: How could the SEC’s stance on securities affect crypto markets?

SEC Chair Paul Atkins indicated that most crypto tokens are not securities, reducing the risk of trading restrictions or liquidity issues. This approach creates a clearer and more predictable regulatory environment for digital assets. It could also encourage broader adoption and greater institutional participation in the crypto market.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has indicated that only a limited number of crypto tokens should be classified as securities, signaling a shift in the agency’s approach to digital assets. He also addressed the Commission’s interactions with the Trump administration and outlined plans for regulating the growing cryptocurrency market.

At the Wyoming Blockchain Symposium on Tuesday, Atkins emphasized the SEC’s Project Crypto initiative, which aims to set clear rules for digital assets. He suggested that the agency intends to pursue its own regulatory approach even as Congress considers legislation to define the broader market structure.

Atkins noted that the SEC can not view tokens as inherently being securities. He stated that the Commission will move forward with the perspective that a token alone is generally not considered a security. “There are very few, in my mind, tokens that are securities, but it depends on what’s the package around it and how that’s being sold,” Atkins stated.

While as SEC Chair, Atkins has the authority to interpret rules for digital assets, Congress is also moving to establish a formal crypto market structure.

The House passed the Digital Asset Market Clarity (CLARITY) Act in July, and Senate Banking leaders plan to build on that framework. Speaking at the Wyoming Blockchain Symposium, Senate Banking Chair Tim Scott noted that a number of Democrats could join Republicans in backing the legislation when the Senate returns from recess on September 2.

In a recent interview with Fox News, Atkins stated that the SEC is actively working to position the U.S. as a global leader in digital assets, reflecting President Trump’s agenda for the sector.

Atkins noted that the Commission has begun mobilizing its divisions and offices to coordinate efforts and advance the implementation of its digital asset strategy.

Softer SEC Approach to Securities Could Boost SHIB Adoption and Stability

A softer regulatory stance from the SEC could be good news for the Shiba Inu community. If fewer tokens are classified as securities, it lowers the risk of trading restrictions or liquidity constraints that could hinder market activity. For SHIB holders, this approach signals a more predictable regulatory environment, paving the way for broader adoption and greater long-term stability in the U.S. market.

Such a stance could also encourage more institutional interest in crypto projects like Shiba Inu, as companies and investors gain confidence that regulatory hurdles may be more manageable. Additionally, a clearer framework from the SEC could help crypto platforms and exchanges expand their services without the fear of sudden enforcement actions, benefiting the entire SHIB ecosystem.

While challenges remain, including ongoing debates in Congress over digital asset legislation, the shift in tone from the SEC represents a potential turning point for U.S.-based crypto adoption and the future growth of community-driven tokens.

The post SEC Signals Most Tokens Aren’t Securities: What It Means for SHIB Holders first appeared on The Shib Daily.

Crypto Travel Made Easy: 6 Countries Where Your Coins Go Further

Michaela — Mon, 18 Aug 2025 07:03:11 +0000

Key points:

Crypto travel is now practical: Travelers can use cryptocurrencies like Bitcoin and Ethereum in multiple countries for real-world purchases, from flights to meals.
Global adoption is growing: Countries including El Salvador, Singapore, Portugal, UAE, Germany, and Japan are integrating crypto into tourism, creating more seamless, borderless payment options.
Spending opportunities vary by destination: Tourists can use crypto for accommodations, dining, local services, transportation, and entertainment, depending on the country’s crypto infrastructure.
Planning is easier with digital tools: Platforms like Travala.com and local crypto-friendly apps help travelers book services and explore destinations while fully leveraging their digital currencies.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Crypto travel is no longer a futuristic dream. Today, using cryptocurrency while exploring the world is becoming a real, practical option for travelers. From booking flights to grabbing a meal at a local café, digital currencies are slowly making their way into everyday travel experiences. As of 2025, several countries have officially embraced crypto in their tourism sectors, making it easier than ever to spend Bitcoin, Ethereum, and other digital coins on real-world services.

This shift isn’t just about trendy tech. It’s driven by the growing adoption of digital currencies and the appeal of seamless, borderless transactions that save travelers time and hassle. The purpose of this article is to guide you through seven countries where crypto travel is already happening, showing how you can spend your coins safely and enjoyably while exploring new destinations.

1. El Salvador: Bitcoin as Legal Tender

El Salvador put itself on the map as a true pioneer of crypto travel by becoming the first country in the world to accept Bitcoin as legal tender in 2021. While the government scaled back some of its Bitcoin involvement in 2024 after an agreement with the International Monetary Fund, Bitcoin is still very much part of the travel experience here.

So what can you actually spend your crypto on? Plenty. Tourist hotspots like El Zonte, famously nicknamed “Bitcoin Beach,” welcome Bitcoin payments for accommodations, meals, surf lessons, and local attractions. Basically, your digital coins can get you from breakfast to beachside adventures without needing cash.

2. Singapore: A Digital Finance Leader

Singapore is a hotspot for crypto travel thanks to its forward-thinking approach to digital finance. While cryptocurrency is not legal tender here, the city-state allows travelers to use it as an alternative payment method, making it easy to explore without relying solely on cash or cards.

So what can you actually spend your crypto on in Singapore? You can hop on public transportation, grab a bite at select cafés and restaurants, or shop at retail stores that accept Bitcoin and other digital currencies. It is a perfect place to experience city life while testing out your crypto spending skills.

What makes Singapore truly stand out is its advanced infrastructure for crypto transactions. Whether you are using a wallet app or a crypto card, the system is smooth and user-friendly, giving travelers confidence that their crypto travel experience will be both safe and convenient.

3. Portugal: A Tax-Friendly Destination

Portugal is a dream for anyone interested in crypto travel, especially for beginners who want to spend their digital coins without worrying about extra taxes. The country does not charge capital gains tax on cryptocurrency transactions for individuals, which makes it one of the most tax-friendly destinations for crypto holders in the world.

So what can you actually buy with crypto in Portugal? You can book accommodations, enjoy meals at local cafés, or pay for various services in cities like Lisbon and Porto. It is a practical way to explore Portugal’s rich culture while keeping your cryptocurrency in motion.

Travel insight: Many businesses in popular tourist areas actively accept Bitcoin and other cryptocurrencies, so you can stroll through scenic streets and enjoy the local scene while spending your crypto as easily as cash. This makes Portugal an ideal spot to test out your crypto travel skills.

4. United Arab Emirates (UAE): Embracing Digital Payments

The UAE is quickly becoming a hotspot for crypto travel, offering a secure and forward-thinking environment for using digital currencies while exploring the country. While crypto is not legal tender, regulatory frameworks like the Virtual Assets Regulatory Authority (VARA) ensure that businesses can safely accept cryptocurrency payments, making it easier for travelers to use their coins.

So what can you actually spend your crypto on? Travelers in Dubai can use digital currencies for flights, hotel bookings, and various services. Major airlines have started partnering with crypto payment platforms, allowing passengers to pay for tickets and even some in-flight services with Bitcoin, Ethereum, and stablecoins. In addition, Dubai Duty Free is exploring ways for travelers to shop using crypto, creating new opportunities for spending digital assets at the airport.

5. Germany: Crypto-Friendly Travel Options

Germany is quickly becoming a hotspot for crypto travel in Europe, offering travelers the chance to explore its vibrant cities while spending digital currencies. As more businesses accept cryptocurrencies, visitors can enjoy a variety of experiences without reaching for cash or cards.

So what can you actually spend crypto on in Germany? From hotel stays in Berlin or Munich to meals at trendy cafés and restaurants, your digital coins can cover a lot. Some museums, tours, and local services are also starting to accept Bitcoin and other popular cryptocurrencies, making everyday travel easier for crypto-savvy explorers.

Travel tip: Use platforms like Travala.com to book accommodations and experiences with crypto. It simplifies planning your trip and ensures you can enjoy Germany’s culture, food, and sights while keeping your digital wallet active.

6. Japan: A Tech-Savvy Travel Destination

Japan is a perfect spot for anyone looking to combine crypto travel with high-tech adventures. Cryptocurrencies are fully legal here and recognized as official payment methods under the Payment Services Act, making it safe and easy for travelers to use digital currencies during their visit.

So what can you actually spend crypto on in Japan? From accommodations in Tokyo and Osaka to meals at trendy cafés and sushi spots, your digital coins can cover a wide range of experiences. You can also pay for tours, transportation services, and select entertainment options in cities that embrace crypto-friendly payments.

Highlight: Japan has a growing number of establishments that accept Bitcoin and other cryptocurrencies. Whether you’re checking into a hotel or grabbing a bite at a local restaurant, using crypto can be a smooth and exciting way to explore the country.

Embracing the Future of Travel Payments

Crypto travel is no longer just a novelty. The integration of cryptocurrency into the travel industry is expanding, giving travelers more ways to pay seamlessly for accommodations, meals, flights, and experiences. From Europe to Asia and the Middle East, more destinations are embracing digital currencies every year.

As the adoption of cryptocurrencies continues to grow, travelers are encouraged to explore these crypto-friendly countries and plan their trips with digital wallets in mind. Using crypto while traveling can make payments faster, simpler, and more borderless, letting you focus on the adventure instead of currency exchange.

The post Crypto Travel Made Easy: 6 Countries Where Your Coins Go Further first appeared on The Shib Daily.

5 Crypto Wallet Mistakes That Cost People Millions

Michaela — Fri, 15 Aug 2025 05:48:43 +0000

Key points:

Never lose your seed phrase: Your seed phrase is the master key to your crypto wallet, losing it means losing access to your funds permanently. Always store it securely offline.
Avoid digital shortcuts for recovery phrases: Screenshots or cloud storage may seem convenient, but hackers can easily exploit them. Use paper or metal backups in secure locations.
Double-check every transaction: Sending crypto to the wrong address is irreversible. Always copy-paste addresses, verify characters, and test small amounts first.
Be cautious online and with “support”: Public Wi-Fi and fake support messages are prime ways hackers steal wallet access. Use VPNs, trusted networks, and verify official support channels before sharing any info.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Imagine waking up one day to check your crypto wallet and realizing it’s empty, millions gone with a single mistake. It sounds like a nightmare, but for some unlucky holders, it’s very real. From typos to scams, a single slip can turn a fortune into vapor.

Your crypto wallet isn’t just an app, it’s your digital vault, your passport to the blockchain, and your personal bank all rolled into one. Lose control of it, and you lose access to everything. That’s why understanding how to manage it safely is non-negotiable.

In this article, we’re breaking down the 5 most common crypto wallet mistakes that have cost people millions, and more importantly, we’ll show you how to avoid them. Think of it as a survival guide for your digital fortune, with no boring tech jargon, just simple, actionable tips you can actually use.

1. Forgetting the Seed Phrase

Picture this: You bought some Bitcoin five years ago, safely tucked away in your shiny new crypto wallet. Fast forward to today, you want to check your balance… and can’t remember your seed phrase. That string of 12 or 24 magical words that’s basically the master key to your entire crypto kingdom. Panic sets in. Millions? Gone.

Your seed phrase is like a super-secret cheat code for your crypto wallet. Forget it, and there’s no “password reset” button, the blockchain doesn’t do refunds. No seed phrase, no access, no do-overs.

Why it’s Dangerous

Losing your seed phrase is the fastest way to make your crypto disappear forever. Even if your wallet app is still installed and your device is working fine, without that phrase, it’s like having a treasure chest with no key.

Prevention tips:

Write it down on paper (or multiple papers) and store them in separate, secure locations.
Avoid taking screenshots or storing it digitally, hackers love those.
Consider a fireproof and waterproof safe for extra peace of mind.
Test it by restoring your wallet on a secondary device before it’s too late.

Think of your seed phrase like the DNA of your crypto wallet: lose it, and you might as well be trying to clone a unicorn.

2. Screenshotting Recovery Phrases

It might seem harmless to snap a quick photo of your crypto wallet’s recovery phrase on your phone, after all, it’s “just for safekeeping,” right? Wrong. This is one of the sneakiest mistakes new crypto users make, and it can cost you dearly.

Common Misconceptions

Many people think a screenshot stored on their device or cloud is safe because “my phone is locked” or “my cloud account is secure.” Unfortunately, hackers don’t need physical access, they just need a little digital loophole, malware, or phishing opportunity to get in.

Hacker Vulnerabilities

Once a hacker accesses your device or cloud storage, they can grab your recovery phrase in seconds. That means your crypto wallet can be emptied faster than you can say “blockchain.” It’s like leaving the key to your vault under the welcome mat.

Secure alternatives:

Write your recovery phrase on paper and store it somewhere safe, like a fireproof safe or hidden home safe.
For extra paranoia points, consider splitting it into multiple secure locations.
Some enthusiasts even use metal backups, durable plates engraved with the words that survive fire, water, and earthquakes.

Your crypto wallet is only as secure as your recovery phrase. Treat it like a sacred artifact, not a phone wallpaper.

3. Sending Crypto to the Wrong Address

Imagine this: You’re feeling bold, ready to send some Ethereum from your crypto wallet to a friend. You type in the address… hit send… and suddenly realize there’s a tiny typo. Maybe one character is off. And just like that, your crypto is gone into the void of the blockchain forever.

Unlike your bank, the blockchain doesn’t have a “reverse transaction” button. Once a transaction is confirmed, it’s permanent. Mistyped addresses are like tossing cash into a black hole, no refunds, no customer support hotline, nothing.

How to double-check addresses:

Always copy and paste addresses instead of typing them manually.
Verify the first few and last few characters match exactly.
If sending a large amount, test with a tiny transaction first, like dipping your toe in the pool before diving in.

Your crypto wallet can feel like magic, but a moment’s carelessness can turn it into a vanishing act. Double-check every address, every time.

4. Using Public Wi-Fi for Wallet Access

Picture this: You’re sipping a latte at a café, feeling productive, and decide to check your crypto wallet on the free Wi-Fi. Seems harmless, right? Wrong. Public networks are basically the digital equivalent of shouting your password across a crowded room.

Why public networks are risky: Hackers lurking on the same network can intercept your data, steal passwords, or even access your crypto wallet directly. Your “free Wi-Fi convenience” suddenly becomes a red carpet for cybercriminals.
VPN and secure alternatives: A VPN (Virtual Private Network) acts like an invisibility cloak for your internet connection. It encrypts your data and hides your activity, keeping prying eyes away from your crypto wallet. When in doubt, stick to mobile data or a trusted home network for wallet access.

When it comes to your crypto wallet, convenience is tempting, but safety is king. Treat public Wi-Fi like a minefield: admire it from afar, but don’t step onto it.

5. Falling for “Support” Scams

Imagine getting a DM or email from someone claiming to be official crypto support. They’re friendly, urgent, and “here to help” you recover your crypto wallet. It sounds legit, until you realize they just wiped out your funds.

Fake Support Tactics

Scammers often impersonate wallet providers, exchanges, or even well-known crypto personalities. They might claim your account is “at risk” or that you need to verify your keys. Their ultimate goal? Your recovery phrase, private keys, or passwords.

Signs of a scam:

Unexpected messages asking for private information.
Pressure to act immediately or “lose your funds.”
Odd email addresses or social media handles that are slightly off from the real ones.

How to verify legitimate support:

Official wallets and exchanges never ask for your recovery phrase or private keys.
Check the official website or verified social accounts for support contacts.
When in doubt, reach out directly through official channels, not through random DMs or emails.

Your crypto wallet’s security is only as strong as your skepticism. If something feels fishy, it probably is. Remember: legit support will guide you safely, never ask for your keys.

Keep Your Wallet Safe and Sound

Your crypto wallet isn’t just a digital app, it’s the vault for your digital fortune, and losing access can cost millions in a heartbeat. From forgetting your seed phrase to falling for fake support scams, the mistakes on this list have real consequences, and people have learned them the hard way.

The good news? Every single one of these pitfalls is completely avoidable with a little awareness and some smart habits. Think of this guide as your crypto survival manual: follow it, and you can keep your wallet safe from hackers, typos, and human error.

Take a moment today to audit your crypto wallet: back up your recovery phrase, double-check addresses, and make sure you’re not slipping into any of these traps. Your future self, and your digital fortune, will thank you.

The post 5 Crypto Wallet Mistakes That Cost People Millions first appeared on The Shib Daily.

Coinbase and Indian Minister Explore Blockchain Push — What It Means for SHIB

Michaela — Thu, 07 Aug 2025 10:47:20 +0000

Summary: Why is Coinbase’s meeting with Karnataka’s IT Minister significant?

The meeting spotlights increasing government interest in using blockchain technology for digital governance and public services. It shows a move from viewing blockchain as just an investment to seeing it as important infrastructure. This signals growing adoption of blockchain in real-world applications and potential collaboration opportunities.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Coinbase’s Chief Legal Officer, Paul Grewal, has recently met with Karnataka IT Minister Priyank Kharge to discuss potential collaboration on blockchain technology, developer tools, and cybersecurity. The meeting signals a shift toward greater engagement with India’s evolving crypto landscape.

“Met with the team from [Coinbase] to discuss their developer platform which is helping simplify blockchain development and enabling developers to build [on-chain] applications with ease,” Kharge wrote in a post on X. Kharge also noted that the discussions included exploring collaborative opportunities in cybersecurity, leveraging their combined global expertise to advance Karnataka’s initiatives in the field.

Met with the team from @coinbase to discuss their developer platform which is helping simplify blockchain development and enabling developers to build onchain applications with ease. We also discussed potential areas of collaboration on cybersecurity and how their global… pic.twitter.com/aAAEPLZZ7U
— Priyank Kharge / ಪ್ರಿಯಾಂಕ್ ಖರ್ಗೆ (@PriyankKharge) August 6, 2025

In addition, Grewal and Kharge explored opportunities for talent development through skilling and capacity-building initiatives, as well as potential collaboration on incubation programs and joint hackathons in the future.

Kharge shared that the Karnataka government is actively exploring the use of blockchain technology in governance and digital public infrastructure, recognizing its growing relevance on the global stage.

In response to Kharge’s post on X, Grewal expressed enthusiasm about the potential for Coinbase to contribute to Karnataka’s continued leadership in the technology sector. “The future is [on-chain]—and it’s being built here,” Grewal wrote.

Thank you Minister @PriyankKharge and team + I am excited to explore how @Coinbase can further support Karnataka’s tech leadership through developer tools, cybersecurity collaboration, and capacity-building. The future is onchain—and it’s being built here. https://t.co/Y9tQNiA3mW
— paulgrewal.eth (@iampaulgrewal) August 6, 2025

The meeting follows Coinbase’s recent regulatory approval from India’s Financial Intelligence Unit (FIU), a key step toward reestablishing its presence in the country nearly three years after suspending local operations.

What Coinbase India Talks Mean for SHIB Holders

This is more than a regional business trip. Coinbase’s meeting with Karnataka’s IT Minister highlights a growing shift in how public institutions view blockchain: not just as an asset class, but as infrastructure. As governments like Karnataka begin integrating blockchain into digital governance and public services, it signals a broader move toward real-world adoption.

For SHIB holders, that matters. It reflects a changing climate, one where crypto is stepping into civic and institutional conversations. As more regions explore blockchain for transparency, cybersecurity, and digital infrastructure, SHIB’s visibility as a community-driven token could benefit from being part of the broader conversation about decentralized innovation.

The post Coinbase and Indian Minister Explore Blockchain Push — What It Means for SHIB first appeared on The Shib Daily.

Philippines SEC Targets OKX, Bybit, KuCoin Among Unregistered Crypto Exchanges

Michaela — Wed, 06 Aug 2025 10:45:45 +0000

Summary: Why is the Philippine SEC cracking down on unregistered crypto exchanges?

The SEC is targeting unregistered crypto exchanges like OKX and Bybit to protect Filipino investors from risks such as fraud and loss of funds. These exchanges lack proper licenses and operate without approval, putting users at risk. The crackdown aims to create a safer, more regulated trading environment for all crypto participants.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

The Philippine Securities and Exchange Commission (SEC) has identified 10 unregistered crypto exchanges, among them OKX, KuCoin, Kraken, and Bybit, for operating without the required licenses, warning of potential enforcement actions and removal from app stores.

In a recent advisory, the Commission cautioned the public against using unregistered entities and digital platforms that provide crypto-asset services to residents without securing the necessary registration or approval from the agency.

The SEC’s updated guidelines extend to individuals and entities involved in offering, promoting, or enabling access to crypto trading platforms or intermediary services, including the buying, selling, and derivatives trading of digital assets.

Furthermore, the Commission named 10 exchanges that persist in offering or promoting crypto-asset services to the Philippine public without securing the necessary registration or licensing.

Source: SEC

However, the SEC clarified that the list is not comprehensive, noting that other platforms are also providing similar services to the Philippine public without registration or regulatory approval, activities that are likewise in breach of the country’s securities laws.

The SEC indicated these platforms are operating in the Philippines without the necessary license or registration, and are not authorized to solicit investments from the public. Their unauthorized activities, the agency warned, place Filipino investors at serious risk, including the potential for total loss of funds, lack of legal protection, and vulnerability to fraud, market manipulation, and identity theft.

SEC Crackdown on Unregistered Crypto Exchanges Strengthens SHIB Security

The Philippine SEC’s crackdown on unregistered crypto exchanges sends a clear signal: investor protection is a priority. For SHIB holders, this regulatory push is a positive development. As the Shiba Inu ecosystem expands, stronger enforcement helps weed out platforms that fail to meet legal and security standards, reducing the risk of fraud and unauthorized activity.

By targeting unlicensed operations, the SEC is not only safeguarding Filipino investors but also reinforcing the importance of using compliant exchanges. For SHIB traders and holders, this translates to a more secure environment in which to transact.

This action mirrors a broader global trend toward clearer crypto regulation. As governments move to formalize digital asset frameworks, tokens like SHIB stand to gain from increased trust and legitimacy. Ultimately, a safer trading landscape lays the groundwork for sustained growth and adoption across the Shiba Inu community.

The post Philippines SEC Targets OKX, Bybit, KuCoin Among Unregistered Crypto Exchanges first appeared on The Shib Daily.

CFTC Eyes Spot Crypto Trading — Could SHIB Be Next in Line?

Michaela — Tue, 05 Aug 2025 11:55:35 +0000

Summary: What is the CFTC doing about spot crypto trading?

The CFTC is launching an initiative to regulate spot crypto trading on federally registered exchanges. It aims to apply existing laws to ensure that retail trading involving leverage or margin happens on approved platforms. The agency is also seeking public feedback to help clarify and refine the regulatory framework.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline Pham has unveiled a new initiative aimed at overseeing spot crypto trading of digital asset contracts listed on CFTC-registered futures exchanges, also known as designated contract markets (DCMs).

In an official statement, the CFTC confirmed the initiative marks the agency’s first major step in its so-called “crypto sprint”, a push to begin implementing policy recommendations laid out in the Trump administration’s Working Group on Digital Asset Markets report.

“Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” Acting Chairman Pham stated.

Acting Chairman Pham emphasized that the agency already has a straightforward path forward under existing law. She noted that the Commodity Exchange Act mandates that all retail commodity trading involving leverage, margin, or financing must take place on a DCM.

Furthermore, the CFTC has called on all stakeholders to collaborate with the Commission in clarifying regulatory guidelines for listing spot crypto asset contracts on DCMs under its current authority. “Together, we will make America the crypto capital of the world,” Acting Chairman Pham stated, echoing the sentiments of President Trump.

Feedback is requested on relevant legal provisions, including specific sections of the Commodity Exchange Act and CFTC regulations, as well as potential overlaps with securities laws overseen by the SEC. This collaboration aims to ensure clear and consistent regulatory frameworks for spot crypto trading.

Stakeholders are encouraged to submit their written feedback to the Commission via the CFTC’s official website by August 18. All submitted comments will be made publicly available on the site.

Spot Crypto Trading May Boost SHIB Access

The CFTC’s initiative to permit spot crypto trading on federally registered exchanges represents a significant development for tokens like SHIB. Should SHIB be included among the assets approved for trading on these regulated platforms, it could unlock new, compliant venues for U.S. investors to buy and sell the token.

This enhanced accessibility may lower barriers currently faced by retail traders, fostering greater participation and liquidity in SHIB markets.

Moreover, the regulatory emphasis on leverage and financing requirements could shape how SHIB is handled within derivative and margin trading contexts. Clearer rules could provide added protections for traders while potentially attracting institutional interest, as compliance reduces uncertainty around trading practices.

For the Shiba Inu community, these changes may translate into increased market confidence and broader adoption, reinforcing SHIB’s position in the evolving digital asset landscape.

The post CFTC Eyes Spot Crypto Trading — Could SHIB Be Next in Line? first appeared on The Shib Daily.

CFTC and SEC Launch Crypto Sprint — New Rules Could Shake Up DeFi

Michaela — Mon, 04 Aug 2025 11:31:19 +0000

Summary: What is the goal of the CFTC and SEC’s new crypto sprint?

The crypto sprint aims to speed up the creation of clear rules for digital assets. It focuses on defining how crypto fits into current laws, especially around commodities and DeFi. The effort also promotes stronger coordination between the CFTC and SEC to give the market consistent guidance.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham has announced the launch of a “crypto sprint” aimed at accelerating the agency’s adoption of key regulatory recommendations, aligning with former President Donald Trump’s call to establish America as the “crypto capital of the world.”

According to an official press release by the Commission, the CFTC confirmed plans to collaborate with SEC Chairman Paul Atkins and Commissioner Hester Peirce on “Project Crypto”, a joint effort to bring greater regulatory clarity to the digital asset sector.

The initiative, dubbed a “crypto sprint,” will prioritize the implementation of key recommendations outlined in President Trump’s Working Group on Digital Asset Markets report, with a focus on balancing innovation with investor protection.

“Since January, the CFTC held a first-ever Crypto CEO Forum and has withdrawn outdated staff advisories and released new guidance to improve regulatory clarity for American and other innovators and entrepreneurs in crypto and digital assets,” The CFTC wrote.

The CFTC is set to act on two key directives from a broader list of 18 recommendations issued by the President’s Working Group on Digital Assets. Among them is a call to clarify how cryptocurrencies should be treated as commodities under existing law, provide registration guidance for decentralized finance (DeFi) protocols, and issue clear rules for how CFTC-regulated entities can engage with digital assets.

Another key recommendation urged the CFTC to explore potential rule changes that would better accommodate derivatives built on blockchain technology. Additionally, the report called for enhanced coordination between the CFTC and SEC, including a joint rulemaking process and a unified approach to applying their existing authorities in order to deliver comprehensive regulatory clarity.

Crypto Sprint May Shake Up Shiba Inu DeFi

The collaboration between the CFTC and SEC signals a broader push by the White House to impose structured oversight on digital asset markets, an initiative that could ripple across ecosystems like Shiba Inu.

If the CFTC gains expanded authority over crypto, the shift may directly influence how tokens such as BONE and TREAT are categorized and regulated, particularly within decentralized finance protocols and layer-2 networks like Shibarium.

For SHIB holders, this could mark a turning point. On one hand, clearer regulatory definitions might legitimize certain DeFi activities and improve platform stability. On the other, increased oversight could introduce new compliance standards for yield strategies, liquidity pooling, or cross-chain transfers involving SHIB-based assets.

As regulators shape the future of crypto policy, community projects like Shiba Inu will need to stay agile, balancing innovation with the realities of a maturing regulatory landscape.

The post CFTC and SEC Launch Crypto Sprint — New Rules Could Shake Up DeFi first appeared on The Shib Daily.

Crypto User Loses $908K in Sneaky Phishing Scam — What It Means for SHIB Holders

Michaela — Mon, 04 Aug 2025 10:59:23 +0000

Summary: What can crypto users learn from this phishing scam?

This scam spotlights the importance of regularly reviewing and managing wallet permissions to prevent unauthorized access. Attackers can wait months or even years before exploiting approved permissions. Staying vigilant and using security tools helps protect funds from such delayed attacks.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

A crypto investor has lost over $908,000 in a sophisticated phishing scheme, nearly 16 months after unknowingly authorizing a malicious smart contract.

Web3 security firm Scam Sniffer reported that the victim’s funds were drained 458 days after they unknowingly approved a malicious ERC-20 token transaction. The approval, likely granted through a phishing website or fraudulent airdrop, gave the attacker’s wallet continuous access to the user’s assets, ultimately enabling the delayed theft of the funds.

ALERT: A victim lost $908,551 due to a phishing approval signed 458 days ago.
REMINDER: Regularly review and revoke old approvals – your wallet security matters! pic.twitter.com/ch0HII5n31
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) August 2, 2025

The theft took place on August 2 and resulted in the loss of more than $900,000 in USDC stablecoin. Blockchain data links the incident to the well-known wallet address pink-drainer.eth. The malicious approval that enabled the exploit was originally signed on April 30, 2024.

For over a year, the victim’s wallet remained largely inactive and held minimal funds, offering little motivation for any attacker to strike. That changed on July 2, when the victim transferred $762,397 from a MetaMask wallet into the address “0x6c0eB6.” Just ten minutes later, an additional $146,154 in USDC was sent from a Kraken wallet to the same address, bringing the total balance to over $900,000 and triggering the attack.

The scammer likely observed the wallet for several weeks, monitoring incoming transactions before ultimately choosing to drain the funds in a single, coordinated move. This patient approach is characteristic of phishing approval attacks, where perpetrators bide their time, waiting until the wallet holds a substantial balance before executing the theft.

Phishing Scam Emphasizes Wallet Security

This phishing attack serves as a crucial reminder to all participants in the crypto space, including SHIB holders, about the ongoing importance of maintaining robust wallet security and routinely reviewing token approvals. Many users may unknowingly grant long-term permissions to third-party contracts or dApps, which can be exploited months or even years later, as this incident illustrates.

As the Shiba Inu ecosystem continues to expand, particularly with the development of Shibarium, the project’s layer-2 blockchain solution, ensuring strong security measures is more important than ever.

Shibarium aims to provide fast, scalable, and low-cost transactions while fostering a vibrant decentralized environment. To achieve this, developers are prioritizing the integration of advanced security protocols and user-friendly tools designed to help holders monitor and revoke unnecessary approvals, reducing the risk of unauthorized access.

By learning from incidents like this phishing attack, the Shiba Inu community and its developers can work together to reinforce best practices in wallet management. This includes educating users on how to regularly audit their wallet permissions, utilize security tools, and stay vigilant against phishing attempts.

Ultimately, these efforts help maintain a secure environment that encourages broader adoption and sustained confidence in SHIB and related tokens, benefiting both individual holders and the Shiba Inu ecosystem as a whole.

The post Crypto User Loses $908K in Sneaky Phishing Scam — What It Means for SHIB Holders first appeared on The Shib Daily.

UK Crypto Regulations Lagging Behind Global Leaders — Impact on SHIB Holders

Michaela — Mon, 04 Aug 2025 09:33:33 +0000

Summary: Why are experts concerned about the slow pace of UK crypto regulations?

Delays in UK crypto regulations risk pushing innovation and investment to more proactive jurisdictions. Without clear rules, developers and crypto businesses may avoid launching or expanding in the UK. This could leave the country trailing behind in the global digital asset race.

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Former British finance minister George Osborne has warned that without swift reform to UK crypto regulations, the country risks falling behind in the global digital asset race.

Osborne criticized the Labour government and the Bank of England for lagging behind as other nations advance their digital asset strategies. Per the Financial Times, Osborne drew a comparison to the sweeping financial deregulation of the 1980s, known as the Big Bang reforms, that helped cement London’s position as a leading financial center. He suggested that without bold action, the UK risks missing a similar opportunity in the crypto era.

Osborne called for bold action on UK crypto regulations, arguing that a transformative approach is needed to keep pace with global developments. He pointed to jurisdictions like the United States, Abu Dhabi, Hong Kong, and Singapore, each actively shaping legal frameworks for cryptocurrencies and stablecoins, as examples of forward momentum. In contrast, Osborne said the UK is being “completely left behind.”

Furthermore, Osborne criticized Bank of England Governor Andrew Bailey and Chancellor Rachel Reeves, claiming their leadership has left the UK trailing behind international competitors in the digital asset space.

While Reeves publicly committed to positioning the UK as a global leader in innovation, Osborne described the government’s efforts as lacking in clarity and falling short of meaningful progress.

Bailey, on the other hand, has maintained a cautious approach toward digital assets, reinforcing the Bank of England’s long-standing position on stablecoins. Under current guidance, any pound-denominated stablecoin deemed systemically important would need to be fully backed by non-interest-bearing central bank deposits. Critics argue that this requirement undermines commercial viability and could discourage innovation in the sector.

UK Crypto Regulations: Delays Threaten Growth and Adoption

The sluggish pace of UK crypto regulations could have ripple effects on retail investors and token communities, including SHIB holders. Without a clear and supportive framework, projects like Shiba Inu face an uphill battle when it comes to growth, adoption, and forming partnerships within the region.

Developers and crypto-native businesses are less likely to launch or expand in an environment where the rules remain undefined, leading to missed opportunities for innovation and investment.

For SHIB specifically, this regulatory limbo means slower integration with UK-based exchanges, payment providers, and institutional partners. It also creates uncertainty for users who might otherwise engage more confidently with the token’s broader ecosystem, including DeFi applications and real-world use cases.

As other jurisdictions push ahead with comprehensive legislation, aimed at balancing innovation with consumer protection, the UK’s hesitancy risks sidelining both the developers building in the space and the communities rallying behind them.

The post UK Crypto Regulations Lagging Behind Global Leaders — Impact on SHIB Holders first appeared on The Shib Daily.

Power to the Pack

The Shib Daily Desk — Thu, 31 Jul 2025 03:03:39 +0000

LEASH Surges Over 7%, Riding Technical Breakout, Altcoin Wave

Gushiken Yona — Fri, 18 Jul 2025 15:52:18 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Doge Killer (LEASH), a token within the Shiba Inu ecosystem, is posting significant gains Friday, fueled by a potent mix of bullish technical signals, a surging broader altcoin market, and sustained interest from major holders, known as whales.

The token jumped 7.57% over a 24-hour period, part of a wider 15% weekly gain that saw it outpace Bitcoin. The move appeared to be driven by a confluence of factors, starting with a clear technical breakout.

$LEASH: A Textbook Technical Breakout

On the charts, the Doge Killer LEASH price surge was accompanied by several key indicators lighting up. The token pushed past its 7-day and 30-day simple moving averages, historically a bullish signal.

More tellingly, its Relative Strength Index (RSI) climbed to 81.41. While a reading over 70 typically signals an asset is “overbought” and could be due for a pullback, in this context of a breakout, it confirms a wave of powerful buying pressure.

Adding to this, the MACD indicator, a measure of trend momentum, also turned positive, reflecting an acceleration of the upward move. Analysts noted immediate support for the price around the $124.10 level, with the token now testing a recent swing high of $131.39.

Riding the Altcoin Tide

The breakout for LEASH didn’t happen in a vacuum. It coincided with a clear shift in the wider crypto market. Bitcoin’s market dominance dipped from 62.19% to 60.74%, indicating that capital was flowing into other, smaller assets.

This rotation was captured vividly by the Altcoin Season Index, a metric that tracks the performance of smaller tokens against Bitcoin. The index surged a remarkable 71% over the last seven days. LEASH’s 15% weekly gain outpaced Bitcoin’s own 7.16% rise, which is typical behavior for higher-beta assets like meme coins during these “risk-on” phases.

On-Chain Data Reveals Holder Conviction, Not Whale Risk

A look at on-chain data reveals a crucial detail about the forces supporting LEASH’s price. While nearly 39% of the total supply resides in large wallets, the single largest holder is not an individual trading “whale” but rather the official xLEASH staking contract on ShibaSwap.

This contract holds LEASH on behalf of thousands of individual community members who have locked their tokens to earn rewards, signaling strong, long-term holder conviction.

This distinction is critical. Rather than suggesting a high risk of a single entity selling a large position, the significant amount of staked LEASH points to a reduced circulating supply. In tokenomics, a smaller available supply can act as a stabilizing, bullish force, as it takes less buying pressure to move the price.

There may also be lingering positive sentiment from the broader Shiba Inu ecosystem tokens. A narrative from June around Shibarium’s resilience, dubbed a “white swan” event, could still be influencing investor perception of related assets like LEASH.

With this in mind, the immediate risk for LEASH appears less tied to potential whale manipulation and more to whether the token can maintain its upward trajectory if the broader altcoin market momentum begins to fade.

The post LEASH Surges Over 7%, Riding Technical Breakout, Altcoin Wave first appeared on The Shib Daily.

Shiba Inu Poised for 135% Gain, Analyst Says, Citing Bullish Pattern

Gushiken Yona — Fri, 18 Jul 2025 14:55:38 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

A widely followed crypto analyst is pointing to a classic technical pattern on the Shiba Inu (SHIB) charts that he says could send the price of the popular token soaring more than 135%. The prediction hinges on a “bullish divergence” that suggests downward momentum may be waning, setting the stage for a significant reversal.

The analysis came from crypto analyst @JavonTM1, who shared his findings in a post on X on July 11. He presented a detailed price chart for Shiba Inu ($SHIB) and offered a specific, data-driven forecast based on the patterns he identified.

He laid out the potential target with precision. “In a nearer term and by confirmed data, the $0.000032s are levels to come in for $SHIB (Shiba Inu) in response to a bullish divergence,” he wrote. Reaching this price from its current levels would represent a substantial gain for the token.

Decoding the Bullish Divergence on the Chart

The chart provided by JavonTM1 is central to his thesis. It displays two key components: the price action of SHIB in the upper section, and a technical indicator known as the MACD (Moving Average Convergence Divergence) in the lower section.

A bullish divergence occurs when the price of an asset prints a lower low, while the indicator below it simultaneously prints a higher low. On the supplied chart, the crypto analyst marked this exact phenomenon.

The Shiba Inu price is shown making two distinct descending bottoms, forming a pattern of lower lows. However, during the same period, the MACD indicator below shows two ascending bottoms, forming higher lows.

In technical analysis, this discrepancy is often interpreted as a signal that the bearish, or downward, momentum is weakening. Even though the price is still falling, the underlying momentum is beginning to shift, which can foreshadow a potential trend reversal to the upside.

“Only the Start”: A Look at the Potential Upside

The crypto analyst emphasized that hitting this initial target might only be the beginning. He framed the more than 135% move not as a ceiling, but as a potential floor for a larger recovery.

“Just that move itself is over 135% and could be only the start of a larger bullish reversal,” he added in his post.

This analysis provides a specific, technical counterpoint to the broader market sentiment, which has seen SHIB and many other altcoins trade sideways. For traders who rely on chart patterns and indicators, a bullish divergence is a significant event. The focus will now be on whether the price action confirms the signal identified by the analyst, potentially kicking off the significant rally he has forecasted.

The post Shiba Inu Poised for 135% Gain, Analyst Says, Citing Bullish Pattern first appeared on The Shib Daily.

Shib Alpha Layer Block Explorer (Beta) Is Now Live

Gushiken Yona — Tue, 15 Jul 2025 19:51:47 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

The Shib Alpha Layer Block Explorer comes online—and with it, the Shibarium ecosystem gains its first native tool for watching every transaction, every block, as it happens in real time. Built from scratch for Shiba Inu’s Layer 3 infrastructure, this bespoke explorer reveals the living pulse of the Shib Alpha Layer and marks a pivotal step forward in blockchain transparency.

A Custom Explorer for Shib Alpha Layer’s Future

Beyond just another interface, the Shib Alpha Layer Block Explorer is a tailored transparency engine designed for Shiba Inu’s modular rollups. Unlike other explorers that build on existing frameworks, this one is crafted from the ground up to serve Alpha Layer exclusively.

Currently in testnet beta, the block explorer is already showcasing real-time data indexing, allowing users and developers to track block and transaction activity with zero lag. A mainnet release is on the horizon, promising deeper insight and access for the entire SHIB community.

Real-Time Transparency: What Users Can Expect

At launch, the explorer allows anyone to:

View transactions and blocks in real time on the Shib Alpha Layer
Access network statistics that provide a snapshot of ecosystem health
Navigate data with instant indexing and no caching delays

Developers deploying smart contracts and users tracking wallet activity alike can now rely on the SHIB Alpha Layer Block Explorer for fast, frictionless, and reliable onchain visibility.

Why Shib Alpha Layer Block Explorer Matters

While casual SHIB holders or NFT collectors may not interact with it daily, the explorer delivers huge value to developers building on Shib Alpha Layer rollups. It enables external verification of transaction data—without diving into code—streamlining development workflows and boosting confidence.

In short: if you’re shipping dApps on Shiba Inu’s Layer 3, this is now your go-to visibility tool.

Designed for Shib Alpha Layer—And Nothing Else

Unlike general-purpose tools, this block explorer is dedicated exclusively to the Shib Alpha Layer. That distinction is critical: it means the tool evolves alongside the infrastructure it monitors, remaining tightly aligned with Alpha Layer’s features and goals.

It’s also universally accessible, with no tiers, gating, or permissioning. The design philosophy mirrors Shibarium’s broader ethos: open infrastructure for an open community.

Where the Shib Alpha Layer Block Explorer Leads Next

With its testnet beta live, the Shib Alpha Layer Block Explorer is inviting feedback, exploration, and early usage. The mainnet release is expected soon, rounding out a crucial milestone in Shibarium’s ecosystem roadmap.

As Alpha Layer gains adoption and Shiba Inu’s vision for a scalable, modular Layer 3 unfolds, the explorer stands as a beacon of clarity—built not just to show what’s happening, but to prove that it’s alive on chain.

The post Shib Alpha Layer Block Explorer (Beta) Is Now Live first appeared on The Shib Daily.

SHIB’S STEADFAST HORIZON

The Shib Daily Desk — Sat, 12 Jul 2025 16:48:30 +0000

Shiba Inu Price Analysis: SHIB’Breaking Out with Full Meme Force’

Gushiken Yona — Tue, 08 Jul 2025 16:41:01 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

A crypto analyst is declaring that Shiba Inu is “breaking out with full meme force” in a recent Shiba Inu price analysis, igniting speculation among day traders. The call comes right now as the meme coin pushes past a key resistance level on its hourly chart, fueled by what the analyst sees as growing volume and decisive momentum.

The excitement was captured by the online analyst, CryptoTrader 786, as the price pushed past its recent ceiling. “$SHIB has exploded past resistance,” he wrote in a shared post, noting it was “now trading at 0.00001172, with a sharp 2.36% move and growing volume momentum.”

He explained that the surge followed “a sustained period of sideways action,” and that the coin had now “convincingly flipped into support” a level that had previously acted as a barrier. For traders, this is a critical event; it suggests that what was once a point of selling pressure has now become a foundation for future climbs.

He noted that “continuation toward the next supply zone looks promising” and that all eyes were now on whether SHIB could reclaim higher levels with sustained volume—the trading activity that acts as the fuel for any significant price move.

Shiba Inu Price Analysis: A Trader’s Blueprint for a Volatile Asset

For short-term speculators, this kind of Shiba Inu price analysis is less about long-term value and more about creating an immediate trading plan. The analyst didn’t stop at observation; he provided a full “trade setup” for his followers.

He outlined a precise entry zone for buying, listed three distinct price targets for taking profit, and set a strict stop-loss—an automatic sell order to limit potential losses if the breakout failed. It’s a glimpse into the high-stakes, highly structured world of meme coin momentum trading, offering a sense of control in a market defined by chaos.

But this is the riskiest edge of the crypto market. The “full meme force” that traders celebrate is a notoriously double-edged sword.

The same unpredictable energy that can fuel a massive breakout can also trigger a sudden, brutal collapse. Shiba Inu, like other meme coins, is famously volatile.

Its price is swayed by social media sentiment, large “whale” transactions, and market whims far more than by technical patterns. A setup that looks perfect one hour can be completely invalidated the next by something as simple as a rumor or a rival token stealing the spotlight.

For now, traders are watching the charts, their fingers hovering over the buy and sell buttons. They see a pattern, a plan, and the potential for a quick profit.

Whether it turns into a genuine rally or just another blip on the screen is a question that will be answered in the next few candles, and the outcome will ripple through a community always searching for the next wave.

The post Shiba Inu Price Analysis: SHIB’Breaking Out with Full Meme Force’ first appeared on The Shib Daily.

Shiba Inu Price Prediction Sees SHIB Surging ‘Nearly 180%’

Gushiken Yona — Tue, 08 Jul 2025 16:38:25 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

On crypto trading charts, a faint technical signal is prompting one analyst to issue a new Shiba Inu price prediction. Pointing to a ‘bullish divergence,’ he forecasts a nearly 180% price surge for the popular meme coin—a projection that, right now, pits the dry logic of market analysis against the wild, unpredictable energy of internet culture.

The forecast that caught fire across social media came from Javon Marks, a crypto analyst who shares his chart readings online. “$SHIB (Shiba Inu) has confirmed a clear Bullish Divergence with its MACD,” he wrote in a post accompanying his analysis.

This technical event, he claimed, “points to a nearly 180% upside for prices back to $0.000032.” In plain terms, while the coin’s price was falling, a key momentum indicator was trending up—a classic signal that selling pressure might be exhausted.

The analyst even suggested the move could be part of a bigger trend, adding that the rally “may only be the start of a much larger positive reversal.” For SHIB’s large and loyal community of holders, often called the “SHIB Army,” this was potent news.

They have weathered a long and brutal crypto winter that erased a massive portion of the token’s peak 2021 value, and here was a specific, data-backed reason for optimism.

What’s Behind This Shiba Inu Price Prediction?

But making any Shiba Inu price prediction has always been a shaky business. The token wasn’t born in a boardroom; it was created as a self-proclaimed “Dogecoin killer,” an experiment in decentralized community building that exploded into a global phenomenon.

Its historic, eye-watering ascent had almost nothing to do with technical fundamentals and everything to do with hype, viral marketing, and a tidal wave of retail investors hoping to catch lightning in a bottle.

This history is precisely why many market veterans treat such forecasts with a heavy dose of skepticism. Technical analysis works best in markets driven by established patterns of buying and selling.

Meme coins, however, operate on a different fuel source. Their prices can pivot entirely on a single Elon Musk tweet, a new internet meme, or a sudden shift in the collective mood of online forums. A perfectly formed bullish divergence could mean little if the culture moves on.

Ultimately, the current situation is a fascinating test case. It places the methodical, data-driven world of trading against the chaotic, sentiment-driven reality of a meme coin.

For those still holding SHIB, it’s a tangible reason for hope. For everyone else, it’s a ringside seat to a battle between the chart and the crowd.

The post Shiba Inu Price Prediction Sees SHIB Surging ‘Nearly 180%’ first appeared on The Shib Daily.

Shibarium Devs Issue Urgent Warning: Never Share Your Crypto Key

Gushiken Yona — Tue, 01 Jul 2025 17:35:08 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

Shibarium devs are urging the crypto community to treat private keys like sacred vaults. The message: your key is your kingdom—and the moment you share it, you lose everything.

“In the rapidly evolving world of digital assets, your private key remains the ultimate guardian of your funds,” said John Doe, engineering manager at Shibarium, in a statement to The Shib Daily.

“As a developer deeply involved in this space, I want to emphasize that it should never, under any circumstances, be shared. To do so is to hand over complete control of your assets—a step that can lead to immediate and irreversible loss. Prioritizing the security of your private key is not merely a recommendation; it is fundamental to safeguarding your digital future.”

A friendly reminder to everyone in our community:

Your private key is the ultimate access to your digital assets. Never, ever share it with anyone, anywhere.

Sharing it is like giving away the keys to your entire vault. The consequences can be severe and irreversible.
— johndoeshib (@johndoeshib) July 1, 2025

And he’s not alone. Shiba Inu blockchain developer Nika echoed the urgency in a detailed X thread, calling out a wave of deceptive tools asking users to paste their private keys—a move he described as “digital suicide.”

Shibarium Devs Warn About The Scam That’s Tricking Users Out of Everything

Nika’s message was direct: if any website, tool, or platform asks for your private key—it’s either malicious or dangerously built. There’s no valid reason, he said, for any legitimate app to require it.

“Not with a dApp, not with a friend, not even with a ‘bulk minting tool’ that promises speed,” he wrote. “If it asks for your private key, it’s a scam in disguise.”

He explained that secure interactions in Web3 should always be done through trusted signers, or hardware wallets. These tools enable transaction signing without ever revealing the actual key.

For those seeking automation or bulk minting solutions, Nika suggested safer alternatives like browser-based contract interaction extensions or hardware wallets that support scripting through APIs.

“There’s no need to expose your key,” he stressed. “And once it’s out, it’s gone forever—along with your funds.”

NEVER share your private key.

Not with a dApp, not with a friend, not even with a “bulk minting tool” that promises speed.

Once it’s out, it’s gone forever — and so are your funds.

Seen too many Shibarium users fall for this. Protect your wallet like your assets depend on…
— Nika (@nikaashib) July 1, 2025

The Devastating Cost of Compromise

The consequences of exposing your private key can be immediate—and irreversible.

Just ask Brazilian crypto streamer Ivan Bianco, who accidentally revealed his key during a livestream. Within seconds, over $60,000 in MATIC and NFTs vanished. The theft happened in real time, right in front of his audience. While some of the assets were recovered, most were lost for good.

But it’s not just individuals. Institutions are losing millions to key-related vulnerabilities:

Wintermute lost $160 million in a key generator exploit.
Bitget suffered a $100 million breach in April 2025 after infrastructure failures exposed keys.
Chainalysis reported in early 2025 that 43.8% of all stolen crypto in 2024—over $1.34 billion—was due to key exposure. A significant portion of that was traced to North Korean hacking groups.

Once compromised, a private key opens the door to unrecoverable digital theft.

Wallet Safety 101: Key Security Advice from Shibarium Devs

To help Shibarium users secure their wallets, both Nika and Doe emphasized simple, critical practices:

Never share your private key—not in chats, not in forms, nowhere.
Store seed phrases offline, ideally handwritten and secured.
Use a hardware wallet like Ledger or Trezor for cold storage.
Avoid browser extensions or tools that store or ask for keys.
Double-check URLs, emails, and sites before inputting anything.
Use 2FA and biometric authentication whenever possible.

“Self-custody gives you control,” noted security executive Guilherme Rennó, “but it demands extreme care.”

You Are the Last Line of Defense

There’s no password reset in Web3. No customer service hotline. No undo button.

The Shibarium devs are united in their message: the private key is everything. If it leaks—even once—you’re not just vulnerable. You’re exposed, emptied, and out.

The post Shibarium Devs Issue Urgent Warning: Never Share Your Crypto Key first appeared on The Shib Daily.

Optimizing the Future

The Shib Daily Desk — Fri, 27 Jun 2025 12:25:09 +0000

Bone Technical Indicators Hint At Potential Surge

Gushiken Yona — Fri, 27 Jun 2025 11:59:24 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

After months of downward pressure, Bone ShibaSwap (BONE) is showing its first technical signs of strength in quite some time. Traders analyzing the charts say key momentum tools are beginning to flash bullish signals, hinting that the worst of the sell-off could be behind the token — at least for now.

As the gas token powering the Shibarium blockchain, BONE plays a crucial role in the broader Shiba Inu ecosystem. But utility hasn’t protected its price. From late 2023 highs near $0.80, BONE has steadily declined, recently bottoming out near the $0.20 level. Attempts at reversal were met with selling, frustrating long-term holders and dampening short-term sentiment.

Now, however, the Bone technical indicators are starting to tell a different story — one of stabilization, and perhaps, early recovery.

MACD and RSI Indicators Flash Bullish Signals

Among the first clues: a bullish crossover on the MACD (Moving Average Convergence Divergence) — one of the most widely used tools for spotting momentum shifts. In late June, the faster-moving MACD line crossed above the slower signal line, indicating that buying momentum may be overtaking the selling pressure that’s dominated for months.

That crossover didn’t happen in isolation. The Relative Strength Index (RSI), another core momentum indicator, also began to pivot. After weeks of hovering in oversold territory — a zone typically associated with excessive bearishness — the RSI is now turning upward. That shift signals that buyers may be stepping back in, and that the token could be gaining strength from a technical standpoint.

These two developments — a MACD crossover and a rising RSI — are often seen as a potential bottoming pattern when they occur together.

What These Bone Technical Indicators Might Mean for Traders

While these tools offer insight, they’re not infallible. Technical indicators provide signals, not guarantees. For BONE to mount a proper rally, it needs more than signals — it needs conviction. That means breaking above nearby resistance levels and attracting stronger trading volume.

Traders will be closely watching whether BONE can reclaim the $0.25 to $0.28 zone, which previously acted as support but may now serve as resistance. A clean breakout above that range, accompanied by volume, would be a stronger confirmation of a trend reversal.

For now, though, the Bone technical indicators suggest that momentum may be shifting. It’s not yet a breakout — but it’s the first real spark in weeks.

The post Bone Technical Indicators Hint At Potential Surge first appeared on The Shib Daily.

New Shiba Inu Price Prediction Hints at Explosive 600% Growth

Gushiken Yona — Fri, 27 Jun 2025 10:32:52 +0000

Listen to This Article

Prefer to listen? Hit play below to hear the narrated version.

A new Shiba Inu price prediction is turning heads across the crypto space and this time, the optimism isn’t just about hype—it’s coming from a chart that’s been quietly building pressure for months.

The signal? A decisive breakout from a long-term downtrend, spotted by analyst @JavonTM1 on X (formerly Twitter), who believes Shiba Inu may be gearing up for a move that could take it more than 600% higher than its current price. And while such predictions are nothing new in crypto, this one is rooted in a kind of patient technical reading that’s beginning to gain traction.

A Line, A Break, A New Direction?

In a chart shared with his followers, Javon points to a single trendline—simple, but telling. For months, it had loomed over SHIB’s price like a lid, tapping down every attempt to climb. Traders refer to this as a resistance line, and this particular one had been in place for what felt like an eternity in crypto time.

But recently, something shifted. SHIB didn’t just touch the line—it moved above it, and held. It’s the kind of technical breakout that can signal a broader change in market sentiment: the bears are spent, and the bulls might finally be waking up.

“This is our moment,” Javon wrote, sharing his updated outlook. His Shiba Inu price prediction remains fixed at $0.000081, a level that implies a 609% rally from where SHIB currently stands. And he isn’t ruling out a push beyond that, with $0.0001553 as a stretch target if the momentum keeps up.

Our $0.000081 target for $SHIB goes UNCHANGED and sights are still on an over 609% uphill run to reach it in response to a massive holding breakout of the displayed resisting trend.

Due to post-breakout action, we see this target being broken above, bringing $0.0001553 in play!… https://t.co/xC4qSx7nah pic.twitter.com/lyGLIM5cmi
— JAVONMARKS (@JavonTM1) June 26, 2025

Shiba Inu Price Prediction Carries Hope—And Caution

The analyst’s confidence is rooted in his read of the chart, but even he acknowledges the broader forces at play. In crypto, no trendline exists in a vacuum. Breakouts can and do fail. Sentiment shifts fast. Volatility is a feature, not a bug.

Still, it’s worth noting: this isn’t a random projection. Javon first floated this scenario weeks ago, and now the chart appears to be catching up to his call. Whether the rest of the market follows through is another matter entirely.

But for SHIB holders starved of momentum, the timing feels ripe. A glimmer of structural change. A new path carved after months of churn.

Breakouts Are Rarely Clean, But They’re Loud When They Work

Technical analysis has always been part art, part math. The best setups don’t guarantee anything—but they frame a possibility. And this one is catching attention not just because of the numbers, but because of the patience behind the prediction.

The breakout isn’t just a line on a chart—it’s a symbol of potential. And in crypto, sometimes that’s all it takes to reignite belief.

The post New Shiba Inu Price Prediction Hints at Explosive 600% Growth first appeared on The Shib Daily.

Shiba Inu Price Could Rally 50+% Despite Whale Selloff

Gushiken Yona — Thu, 26 Jun 2025 09:32:12 +0000

The Shiba Inu price is flashing a powerful technical signal that could pave the way for a major rally—even as its largest holders quietly head for the door.

The meme coin’s chart had shown a textbook “double-bottom” pattern, a formation often associated with sharp upward reversals. While some whales were trimming their positions, traders watching the charts believed the Shiba Inu price could jump more than 50% if the pattern played out.

The double-bottom—shaped like the letter “W”—suggested the token had found a strong support zone and might be building toward a breakout. One of the first to flag the setup was crypto watcher creepy_cyborg, known for their technical breakdowns.

“Shiba Inu could rally 52% despite a whale sell-off, thanks to a bullish double-bottom pattern forming on the chart,” creepy_cyborg wrote. “SHIB is currently trading at $0.00001175, up 15% from this week’s low. Technical indicators like MACD and RSI show bullish momentum, with a price target of $0.00001765 if the breakout confirms.”

Alongside his commentary, creepy_cyborg shared a snapshot of SHIB’s recent 24-hour price swings. The chart showed high-volatility consolidation—a classic prelude to a breakout move in speculative markets like crypto.

Technical Indicators Fuel Optimism Around Shiba Inu Price

The double-bottom wasn’t the only thing that caught attention. Other key indicators leaned bullish as well. The MACD (Moving Average Convergence Divergence), often used to spot shifts in trend strength, appeared to flip into positive territory.

Meanwhile, the RSI (Relative Strength Index) bounced from oversold levels, suggesting renewed buying momentum. If bulls had pushed through the consolidation zone, SHIB could have targeted the $0.00001765 mark—a move that would have represented a 50.2% gain from its recent position.

At the time, analysts believed the coming sessions would be critical, especially if broader crypto sentiment—anchored by Bitcoin’s rebound—continued to strengthen.

Whales Trim Shiba Inu Holdings, Raising Eyebrows

Despite the bullish setup, on-chain data revealed that several of SHIB’s largest holders were reducing their exposure. These whales—who often influence liquidity and market direction—had been spotted moving significant amounts of SHIB out of wallets, a sign often interpreted as profit-taking or defensive repositioning.

Large-scale selling typically weighs on price momentum and can rattle retail confidence. Still, the outflows hadn’t sparked a full breakdown at the time—suggesting that short-term traders and smaller holders were holding the line.

In a more detailed chart, creepy_cyborg shared a more detailed chart illustrating the double-bottom formation, complete with key resistance and support levels. His analysis pointed to a cluster of bullish signals, including a flattening MACD and a rising RSI—both indicating the possibility of a breakout, if momentum held.

“Whales have been reducing their holdings,” he noted, “but this may be outweighed by strong technicals and broader market optimism, especially if BTC continues its upward trend. As long as SHIB stays above $0.00001025, the bullish setup remains valid.”

Key Support Level Holds the Line for Shiba Inu Price

The $0.00001025 level remained the line in the sand. As long as SHIB stayed above this threshold, the bullish setup remained intact.

A sustained drop below it would have likely invalidated the double-bottom pattern, along with hopes of a strong breakout. At that point, the Shiba Inu price sat between two competing forces—bullish chart signals and cautious whale behavior.

Which force prevailed depended less on sentiment and more on how much support retail traders could bring to the table.

The post Shiba Inu Price Could Rally 50+% Despite Whale Selloff first appeared on The Shib Daily.

The Tech Powering the New Shib Alpha Layer

Gushiken Yona — Mon, 16 Jun 2025 16:55:39 +0000

The Shib Alpha Layer is setting a new direction for the Shiba Inu ecosystem, introducing encrypted smart contracts, ultra-fast transactions, and a unified user experience.

In a major announcement, lead developer Kaal Dhairya unveiled Shib Alpha Layer (beta)—a rollup abstraction stack designed to scale Shibarium while providing groundbreaking privacy features. “Today we flip the script,” Kaal declared.

“For years we’ve been called ‘just a meme,’ spammed with Wen Shibarium?, and drowned in FUD from bots, burnt deadweight ex-team but instead of arguing, we shipped.”

What Makes Shib Alpha Layer Different?

At the heart of this development is Fully Homomorphic Encryption (FHE)—a form of encryption that allows computations to be performed on encrypted data, producing results that are also encrypted. Shiba Inu FHE-ready rollups integrate this capability by partnering with ZAMA, giving developers the option to toggle encrypted smart-contract logic on their decentralized applications (dApps).

This enables powerful use cases in sectors where privacy matters most, such as finance, healthcare, identity systems, and confidential business operations. By combining FHE with Layer 2 scaling, Shiba Inu aims to bring serious utility to the ecosystem, far beyond meme status.

“It unifies every RollApp into a single ultra-fast layer, so users feel like they’re on one chain while dozens of rollups hum beneath the surface,” Kaal explained.

Alongside encrypted computations, the stack also delivers:

Single-chain UX: No juggling bridges or fragmented wallets.
Sky-high TPS and near-instant finality: Apps feel as smooth as Web2 platforms.
Multi-gas token support: Pay with the token of your choice.
Plug-and-play ShibOS modules: Use what you need, ignore what you don’t.
Instant bridging and native interoperability (coming soon).

Scaling Shibarium Into a New Era

Shib Alpha Layer positions Shibarium as the settlement layer for this interconnected web of rollups, upgrading each RollApp to a powerful L3 with built-in security and adding fresh utility to the SHIB token.

“Why stop there? We made Shibarium the settlement layer,” Kaal added. “The end-game: a world computer where high-performance Web3 dApps thrive without compromise.”

This evolution transforms Shiba Inu from a meme coin ecosystem into a serious blockchain platform equipped for mainstream decentralized applications. The roadmap is ambitious: unleash full FHE, open RollApp deployment to everyone, and deliver native interoperability.

With Shiba Inu FHE-ready rollups now live in beta, Shibarium is not only scaling but redefining the privacy and speed standards of decentralized platforms.

The post The Tech Powering the New Shib Alpha Layer first appeared on The Shib Daily.

Shib Super Layer

The Shib Daily Desk — Fri, 13 Jun 2025 14:38:39 +0000

Massive $SHIB Giveaway: 30M+ Up for Grabs in Epic ‘Legends Quest’

Gushiken Yona — Fri, 13 Jun 2025 13:25:40 +0000

Astra Nova just kicked off with The Legends Quest and it’s shaping up to be the project’s biggest push yet to bring its growing Web3 gaming world closer to the Shiba Inu community.

This new campaign, which launched Monday, features more than 30 million Shiba Inu ($SHIB) tokens in monthly rewards. That’s right—30 million SHIB, ready to be claimed by anyone who can climb the leaderboard.

It’s a clever way to drive engagement ahead of something bigger: Astra Nova says this whole quest is leading up to a major collaboration announcement with the Shiba Inu ecosystem, expected very soon.

So, why Legends Quest? Simple—it’s part community event, part marketing engine, and part soft launch. Astra Nova wants players engaged, wallets connected, and the Shib Army paying attention.

Legends Quest Sets the Stage for a Bigger Collaboration

Right now, The Legends Quest is live on the task-based platform TaskOn. Participants complete weekly quests, stack points, and battle for spots on the leaderboard. The higher you rank, the bigger your cut of that SHIB prize pool.

But it’s not just about winning tokens. This is groundwork for a bigger reveal.

Astra Nova has teased a “major collaboration” with Shiba Inu coming soon, and Legends Quest is their way of laying the foundation. Think of it as the prologue before the main story drops.

Astra Nova co-founder Faizy Ahmed summed it up pretty well: “Every world needs a spark. Ours just happens to be $SHIB.” He wasn’t shy about hinting that The Legends Quest is only phase one. “The real game begins soon,” he added.

How to Join the Legends Quest

Joining is straightforward. Players head to Astra Nova’s quest board on TaskOn, connect their wallets, and start completing the listed tasks. Each completed quest earns points, and at the end of each month, the top scorers get their share of that 30 million SHIB prize pool.

Legends Quest is about more than just giving away tokens—but about building a bridge between its world and the massive SHIB community. If all goes according to plan, this campaign could be the start of a much deeper connection between Astra Nova’s upcoming projects and one of the largest communities in crypto.

The quests are live. The rewards are real. And if Astra Nova’s hints are anything to go by, this is just the first move.

The post Massive $SHIB Giveaway: 30M+ Up for Grabs in Epic ‘Legends Quest’ first appeared on The Shib Daily.

New Shib Rollups Unlocks Custom Blockchains on Shibarium

Gushiken Yona — Fri, 13 Jun 2025 11:04:50 +0000

Shib Rollups is now live, as Shiba Inu pushes deeper into blockchain infrastructure with a new platform that lets developers launch their own customizable Layer 2 blockchains on Shibarium.

The announcement, made Thursday, signals Shiba Inu’s official entry into the fast-growing Rollups-as-a-Service (RaaS) space, offering dedicated blockchain environments for decentralized applications (dApps).

How Shib Rollups Expands the Ecosystem

The Shib Rollups is powered by Shiba Inu’s recently introduced Shib Alpha Layer, a key component of the network’s evolving architecture. This infrastructure is designed to handle transaction sequencing and data coordination across multiple rollups, making it possible for projects to build their own blockchains while still staying connected to the broader Shibarium network.

In a recent podcast, Shiba Inu lead ambassador Shytoshi Kusama described the Shib Alpha Layer as “an exciting piece of technology that we’ve been quietly working on for multiple months… something that’s really exciting, truly helps us scale.”

Scalability has always been a sticking point for decentralized platforms. Popular applications often clog shared blockchains, leading to congestion, high fees, and unpredictable performance. By providing isolated blockspace for individual applications, Shiba Inu’s new platform helps solve the “noisy neighbor” problem that can affect user experience on other chains.

One standout feature of the Shib Rollup Creator is the ability for developers to choose the token used for gas fees. That means teams can use their project’s own token for transactions, folding the financial layer of their app directly into its infrastructure.

Kusama confirmed how this approach fits into the broader plan, noting, “all of these transactions will end up settling on Shibarium, which makes Shibarium a data availability layer, another huge utility for Shibarium and for Bone.”

By settling on Shibarium—Shiba Inu’s own Layer 2 network on Ethereum—projects inherit Ethereum’s security while benefiting from reduced fees and higher throughput at the application layer.

Competing in the Rollups-as-a-Service Market

The launch of the Shib Rollup Creator places Shiba Inu in direct competition with other major RaaS providers and modular blockchain projects. As the blockchain world shifts toward more customizable, application-specific environments, Shiba Inu is now positioned to offer developers tools that can rival those from more established infrastructure players.

Shiba Inu’s advantage lies in its massive, global community—a factor that’s helped it remain one of the most watched ecosystems in crypto. If that energy translates into developer interest, the Shib Rollup Creator could play a central role in the project’s ongoing transformation from meme coin to multi-layered blockchain ecosystem.

The introduction of customizable rollups marks another milestone in that journey, adding new utility to Shibarium and opening the door for a more scalable, application-driven future.

The post New Shib Rollups Unlocks Custom Blockchains on Shibarium first appeared on The Shib Daily.

Shiba Inu Price Could Soar 503% in Massive Breakout

Gushiken Yona — Tue, 03 Jun 2025 10:53:15 +0000

Shiba Inu price may be on the verge of a breakout that could send it soaring over 500%, according to one technical analyst.

This optimistic forecast for the Shiba Inu price hinges on what’s known in technical trading circles as an “Inverse Head and Shoulders” pattern. Such formations are typically viewed by chart analysts as indicators of a potential trend reversal from bearish to bullish. According to the analyst, identified on X (formerly Twitter) as @JavonTM1, Shiba Inu appears to be in the final stages of this pattern.

Technical Pattern Fuels Bullish Shiba Inu Price Outlook

In a recent post, the analyst elaborated on this view. “@JavonTM1 stated: ‘As $SHIB (Shiba Inu) continues to hold in a huge Inverse Head & Shoulders Pattern and in there last phases of it, these prices can be GETTING READY TO RUN and it could consist of an over 503% upside to our first target at $0.000081!'”

The chart shared by JavonTM1 illustrates Shiba Inu’s price action over an extended period. It delineates the components of the inverse head and shoulders: a first trough (the left shoulder), followed by a deeper trough (the head), and then a third, shallower trough (the right shoulder). A “neckline” is typically drawn connecting the peaks between these troughs. A decisive break above this neckline, on significant volume, is what traders watching this pattern look for as confirmation of a potential bullish breakout.

credit: JAVONMARKS

If this pattern plays out as JavonTM1 anticipates, the projected 503% increase would push the Shiba Inu price to $0.000081. This target is derived by measuring the distance from the bottom of the “head” to the neckline and then projecting that distance upward from the breakout point. For those tracking the Shiba Inu price, such a move would represent a substantial return from its current levels.

Context and Caution in Shiba Inu Price Analysis

However, it’s important to note the context. Technical analysis, while a widely used tool in financial markets, offers probabilities, not certainties. The crypto market, and particularly meme coins like Shiba Inu, are known for their volatility. Prices can be influenced by a wide range of factors beyond chart patterns, including broader market sentiment, news events, and shifts in speculative interest.

Investors often look for multiple confluences of signals before making decisions. While the identified pattern suggests a bullish case for the Shiba Inu price, the outcome will depend on whether the conditions for the pattern’s completion and subsequent breakout are met in the coming weeks and months.

The post Shiba Inu Price Could Soar 503% in Massive Breakout first appeared on The Shib Daily.

Bone Price on Edge of Massive Breakout After Bottom

Gushiken Yona — Tue, 03 Jun 2025 10:53:00 +0000

Bone price may be primed for a breakout. A closely watched crypto trader believes BONE — the gas token powering Shibarium — has officially found its bottom and could be gearing up for a powerful upward move. Backed by a tightening chart formation and rising trading volume, the setup is drawing attention from traders eyeing the next meme coin rally.

The trader, identified on X (formerly Twitter) as army_shiba, presented a bullish case for BONE. They stated directly: “$BONE bottom is literally in. These kind of patterns usually ends up with a huge breakout. I’m closely watching the movements.”

This assertion came as BONE shows some positive short-term momentum. Recently, the token was trading around $0.2804, marking a 3.33% increase over the previous 24 hours, with its market capitalization near $64.47 million.

Chart Pattern Suggests Bone Price Coiling for Move

The chart accompanying the analyst’s commentary displays BONE’s price action forming what appears to be a descending triangle or falling wedge. This pattern is characterized by a series of lower highs pressing down against a relatively stable horizontal support level.

As these two lines converge, the price becomes increasingly compressed, often preceding a sharp move, or breakout, in either direction. Army_shiba’s assertion that “these kind of patterns usually ends up with a huge breakout” implies an expectation that the Bone Price will break upwards from this consolidation.

credit: $SHIB KNIGHT

Adding weight to the potential for a significant move is a notable uptick in trading activity. BONE’s 24-hour trading volume recently surged by approximately 29.38% to $7.32 million.

Such increases in volume during a consolidation phase can sometimes signal growing accumulation or interest ahead of a breakout. Further reflecting a positive sentiment, data from CoinMarketCap indicates that 85% of community votes express a bullish outlook for the Bone Price.

Interpreting the Bone Signals: What to Watch

While army_shiba expresses confidence, stating, “I’m closely watching the movements,” it’s important to approach such technical signals with context. Chart patterns offer insights into potential future price action based on historical tendencies, but they are not foolproof predictors.

The broader crypto market conditions and specific news related to the Shiba Inu ecosystem or BONE itself can also heavily influence its trajectory.

Investors and traders will likely be monitoring the Bone Price for a decisive break above the pattern’s descending resistance line. A sustained move above this level, particularly if accompanied by continued strong volume, would be viewed by many technical analysts as confirmation of a bullish breakout, lending credence to the optimistic outlook.

Conversely, a break below the horizontal support could invalidate the immediate bullish scenario.

The post Bone Price on Edge of Massive Breakout After Bottom first appeared on The Shib Daily.

Shiba Inu Price Breaks Out—Trader Reveals Potential Big Profit Setup

Gushiken Yona — Mon, 02 Jun 2025 11:14:00 +0000

The Shiba Inu price is capturing keen market attention Monday as it inches higher, a movement one crypto trader is aggressively interpreting as a full-blown “waking up,” simultaneously unveiling what they describe as a “potential big profit setup.”

According to CoinMarketCap data around 4:01 a.m. Eastern Time, SHIB was trading at $0.00001281. This price reflected an increase of 0.23% over the preceding 24 hours, a marginal gain in the volatile crypto markets.

credit: CoinMarketCap

The token’s market capitalization stood at approximately $7.55 billion, with a 24-hour trading volume of $135.89 million. Against this backdrop of slight gains, crypto trader Amir Rajpoot BnB issued a notably bullish “SHIB/USDT Trade Alert!” to his followers, a common practice among crypto traders aiming to highlight perceived short-term opportunities.

Trader Details Ambitious Targets for Shiba Inu Price

In his alert, Rajpoot declared, “ Reversal signs are flashing GREEN! ” He cited a “ Current Price: 0.00001273” at the time of his analysis and pointed to a “ Recent Dip: 0.00001225 (Possible bottom!).”

Rajpoot then laid out a specific “ Trade Setup,” advising a “ Buy Zone: 0.00001260 – 0.00001275.” His “ Take Profit Targets” for the Shiba Inu price were listed as: “• TP1: 0.00001321 • TP2: 0.00001374 • TP3: 0.00001428 .” To manage risk, he suggested a “ Stop Loss: Below 0.00001225 (Play it safe!) .”

credit: AmirRajpootBnB

The rationale underpinning this optimistic call, as stated by Rajpoot, included a “ Strong bounce from support,” observations of a “ Bullish structure forming ,” and what he termed “ Solid risk/reward potential .”

Market Indicators Offer Sober Context for Shiba Inu

While such specific trade setups and bullish pronouncements generate excitement within certain trading communities, objective chart analysis shows the Shiba Inu price continuing to navigate below some key longer-term moving averages. The recent 24-hour trading volume, while substantial, does not immediately indicate the sort of surge typically associated with a confirmed, major breakout as suggested by the headline.

The current market situation presents a contrast: a slight actual price increase for SHIB alongside a trader’s strong conviction of a significant upward move and profit opportunity. Whether Shiba Inu follows this more aggressive bullish path or continues its pattern of modest fluctuations and consolidation will likely depend on broader market sentiment and a sustained increase in buying pressure.

The post Shiba Inu Price Breaks Out—Trader Reveals Potential Big Profit Setup first appeared on The Shib Daily.

Shibarium Fees Gain Focus as Coinbase Exec Flags Solana

Gushiken Yona — Mon, 02 Jun 2025 10:08:03 +0000

The debate over smart contract costs has reignited, with Shibarium fees stealing the spotlight—especially after a Coinbase exec called out Solana’s $200 transaction price.

Coinbase Exec Questions Solana’s $200 Contract Fee

Jesse Pollak, who leads protocol development at Coinbase and helped build products like Coinbase Wallet and Base, recently took to X with a straightforward question that hit a nerve in the crypto world:

“Can anyone help me understand why it costs ~$200 to deploy a relatively simple contract on Solana? I assumed it would cost comparable amounts to Base (e.g., cents)… what is the difference in architecture that drives this?”

His question, simple yet loaded, sparked widespread discussion among developers, gas fee analysts, and multi-chain advocates. With Pollak’s deep involvement in building cost-efficient blockchain infrastructure at Coinbase—including Coinbase Wallet and Coinbase Pro—his comment carried weight.

Comparison: Solana vs. Shibarium Fees

Pollak’s observation of a roughly $200 deployment cost on Solana prompted comparisons with fee structures on other blockchain networks. Among those drawing attention is Shibarium, an Ethereum Layer 2 network.

John Doe, an engineering manager at Shibarium, when asked about the cost to deploy a simple smart contract on that platform, provided a contrasting figure.

Doe stated the cost on Shibarium was “under 10 Gwei.” At current rates, 10 Gwei equates to a small fraction of a U.S. cent. This figure presents a significant difference when compared to the roughly $200 deployment cost on Solana that Pollak described.

The economic implications of such varying costs are notable for developers. For those working on projects with limited funding, or for individuals and smaller teams experimenting with new applications, the choice between a near-negligible fee and a several-hundred-dollar outlay for contract deployment can heavily influence their selection of a blockchain platform.

Why the Gap Exists

Solana is known for high throughput, but it comes with architectural trade-offs. Developers often pay “rent” for on-chain storage, and pre-paying for account resources can quickly push up costs.

In contrast, Shibarium operates as an Ethereum Layer 2 with gas-optimized architecture. Like Base and other rollup-style networks, it keeps costs low by offloading execution from Ethereum mainnet while retaining its security model.

The result? Ultra-low gas fees and contract costs, without the need to rethink how developers build.

For Cost-Efficient Builders, Shibarium Fees Take the Lead

While Pollak’s initial query focused on Solana, the ensuing discussion has also highlighted the significantly lower contract deployment costs reported on other networks, such as Shibarium. The comparison arises in a ‘multichain’ environment where developers frequently weigh the economic implications of building on various platforms.

In this context, Shibarium’s sub-cent contract fees present a stark contrast to higher-cost alternatives. For developers, particularly those working on experimental projects or with limited budgets, the difference between deployment costs measured in fractions of a cent versus hundreds of dollars can be a decisive factor in their choice of blockchain infrastructure.

The post Shibarium Fees Gain Focus as Coinbase Exec Flags Solana first appeared on The Shib Daily.

Shiba Inu Price Dip? Discover Its Shocking Hidden Strength

Gushiken Yona — Fri, 30 May 2025 13:24:53 +0000

Despite the dip, the Shiba Inu price is showing signs of strategic whale accumulation and loyal community engagement, painting a deeper, more resilient on-chain picture.

The Shiba Inu price charts may flash red, but beneath the surface, the blockchain tells a different story — one of calculated moves and committed support. While short-term market noise often dominates headlines, on-chain data from IntoTheBlock reveals a surprisingly bullish foundation, driven by smart money and steady user activity.

Whale Moves Signal Long-Term Strength in Shiba Inu Price

One of the clearest signals of institutional or high-net-worth investor interest lies in large transaction volume — and SHIB is seeing plenty. Data from IntoTheBlock shows an impressive $29.54 million in large transaction volume, making up 57.34% of total volume.

credit: intotheblock

In the last 24 hours, whales moved 2.11 trillion SHIB, with a 7-day peak hitting 2.98 trillion SHIB on May 23. While to some these seemed like casual trades — they’re likely strategic reallocations, accumulation during a dip, or preparations for participation in DeFi protocols within the Shiba Inu ecosystem.

While the intent isn’t clear it reflects that major holders are still very much in the game.

Shiba Inu Price Action Backed by Daily Activity and Resilient Holders

While whales make waves, the ShibArmy’s daily engagement continues to shine. The network has recorded 3,160 daily active addresses, reflecting a 4.74% increase — a sign that despite price volatility, users are transacting, building, and engaging.

This daily interaction is an evidence of a living, breathing ecosystem, one that isn’t solely driven by hype but by real usage and community participation.

Holder Resilience: Nearly $723M Still in Profit

A deeper dive into holder metrics shows remarkable durability. Roughly 41.36% of SHIB-holding addresses, or about 594,900 wallets, are still ‘in the money’, having acquired their tokens at a lower average price than current levels.

These profitable wallets collectively hold 54.36 trillion SHIB, worth around $722.8 million — roughly 5.52% of SHIB’s circulating supply. These long-term holders are less likely to panic sell, often acting as a stabilizing force when sentiment weakens.

Strong Foundations Beneath the Volatility

While the market may fixate on short-term price movement, Shiba Inu’s on-chain reality suggests a stronger, more strategic phase unfolding quietly. Between whale-level accumulation and a community that refuses to slow down, the Shiba Inu ecosystem continues to evolve — and build.

As the Shiba Inu team gears up for future milestones, from Shibarium expansions to the anticipated future developments, the current lull could very well be the calm before another surge.

The post Shiba Inu Price Dip? Discover Its Shocking Hidden Strength first appeared on The Shib Daily.

AI, New Paper in Focus as Kusama Ends X Hiatus

Gushiken Yona — Fri, 30 May 2025 09:46:58 +0000

After weeks of public silence, Shytoshi Kusama—the elusive pseudonymous lead ambassador of the Shiba Inu project—resurfaced on X Thursday. His series of posts hinted at an ambitious new direction, offering a glimpse into SHIB’s future that centers on a “final white paper,” artificial intelligence, and a bold vision for what he called a “new age.”

The return quickly stirred excitement across the SHIB community. Often referred to as the “ShibArmy,” followers dissected Kusama’s updates for insights into the evolving ecosystem, which has grown far beyond its meme coin origins. His posts, which included reflections on AI, humanity, and online discourse, appear to mark a turning point not only for his public presence but potentially for Shiba Inu’s next phase.

Kusama Details “Final Paper,” AI’s Role in “New Age”

Kusama signaled his intent with a change to his X bio: “Writing a final white paper exploring Ai, Shib, Shy and our role in this upcoming new age.”

The new tagline, coupled with a follow-up post—“Okay… time for a final paper to tie it all together”—has been widely interpreted as a signal of culmination. The use of the word “final” suggests a synthesis of past developments like Shibarium and SHIBDAO with future-forward themes, particularly artificial intelligence.

Kusama’s commentary on AI was both urgent and personal.

“The lack of AI in my feed shows many have no idea what’s coming,” he wrote. “Explains why the leads of the ai companies can smile and know the outcome before many of us.”

The idea of AI as both opportunity and threat permeated his tone. In one of the more somber notes, he described checking his DMs only to encounter antisemitic content.

“If this is humanity, we have a high unlikelyhood of winning vs. Ai,” he observed.

His musings, tinged with irony, also pointed to his disillusionment with social platforms. “Ten minutes on Twitter… and nothing changed,” he noted, before quipping, “See you in a month. Jk/ see you tomorrow :)”

Community Reaction and What’s Next

Kusama’s return wasn’t limited to AI musings. He retweeted a post by The Shib magazine referencing SHIBDAO—reaffirming the importance of decentralized governance in the ecosystem.

Yet it’s clear his focus has shifted toward integrating more emergent technologies like AI into the project’s philosophical and technical roadmap. While details remain scarce, the community now awaits the release of the so-called “final paper”—a document that could define Shiba Inu’s future trajectory, from blockchain infrastructure to its place in a world increasingly shaped by artificial intelligence.

Whether this marks a fleeting reappearance or a new chapter for Kusama remains to be seen. But for now, his words have reignited curiosity—and perhaps laid the groundwork for Shiba Inu’s next evolution.

The post AI, New Paper in Focus as Kusama Ends X Hiatus first appeared on The Shib Daily.

DeFi Boom Lifts Shibarium TVL to New Highs

Gushiken Yona — Thu, 29 May 2025 11:36:27 +0000

A quiet DeFi resurgence is rippling, lifting Shibarium TVL, with the total value locked on Shiba Inu’s Layer-2 network climbing past $4.5 million this week. That’s not just a number but a signal. Fresh capital is flowing in and confidence is building around the ecosystem’s decentralized finance offerings.

Compared to where it stood just a month ago, this growth marks a meaningful shift. Shibarium, built to deliver faster, cheaper transactions for the Shiba Inu community, is now showing signs of traction in its DeFi layer. In the past 24 hours alone, data from DeFillama revealed Shibarium TVL saw a 1.30% uptick, pushing it to new monthly highs.

For those unfamiliar, “Total Value Locked” (TVL) is a key metric in DeFi — the amount of crypto assets users have committed to protocols like DEXs, lending platforms, and staking services. A rising TVL often reflects growing trust, active use, and a broader base of committed users.

Shibarium TVL: A 30-Day Climb Worth Watching

To understand the pace of this rise, it helps to rewind the clock. Back on April 29, Shibarium TVL hovered around $3.94 million. By Thursday, it had gained $560,000, a 14.2% increase in just one month.

Sure, daily gains like 1–2% may seem incremental. But zooming out reveals a different story — one of steady adoption. It’s not just speculative blips but users actively locking funds and engaging with protocols. That kind of sustained growth is often a better sign of a healthy DeFi ecosystem than sudden spikes.

More than a few wallets are sticking around. And they’re putting their crypto to work.

What’s Driving the Growth?

Driving this momentum are several standout platforms. They are behind the uptick in Shibarium TVL, and they’re beginning to define the landscape.

K9 Finance DAO — A liquid staking protocol running across two chains — continues to lead with $2 million in TVL, up 2.65% daily and a striking 27.54% over the last 30 days. It’s clear that demand for liquid staking — where users can earn rewards without losing access to their funds — remains strong.
ShibaSwap, the native DEX of the Shiba Inu ecosystem and also available on two chains, holds $1.43 million, up 1.62% daily and 6.02% over the past month.
WoofSwap, operating solely on Shibarium, now commands nearly $695k, with 1.89% daily growth and a 1.25% monthly uptick — modest but steady.
ChewySwap, another two-chain DEX, clocks in at $299,130, up 1.23% daily, with an 11.49% monthly gain — and 2.57% over the last 30 days, depending on the calculation basis.

This multi-protocol push — from liquid staking to multiple decentralized exchanges — reflects growing depth in the network. It’s not just one platform driving TVL; it’s a layered set of contributors, each gaining traction in its own niche.

The rise in Shibarium TVL isn’t explosive. But that might be its strength. This is the kind of slow, layered growth that suggests users aren’t just testing the waters — they’re starting to wade in.

And in DeFi, that makes all the difference.

The post DeFi Boom Lifts Shibarium TVL to New Highs first appeared on The Shib Daily.

Bone Price Surge? Bulls Bet on Big Rally

Gushiken Yona — Thu, 29 May 2025 11:19:51 +0000

The Bone price sits at a crossroads this Thursday, showing signs of calm on the surface even as bullish sentiment swells among supporters.

At 3:55 a.m. ET, BONE traded at $0.3036, up 2.09% in 24 hours. The move added early fuel to the fire for believers in a broader rally—particularly those watching the token’s role within the Shiba Inu ecosystem.

BONE, the gas token for Shibarium and central to the ShibaSwap decentralized exchange, saw its market cap climb to $69.77 million—a 1.79% daily increase. Its 24-hour trading volume rose to $8.34 million, up 4.15%, hinting at growing trader interest. While longer-term monthly gains have been modest, the recent uptick could signal a momentum shift.

Decoding the Bone Price Technical Landscape

Thursday’s daily chart of Bone ShibaSwap (BONE/USDT) reveals a token emerging from a stretch of turbulence. After climbing in late 2024 and early 2025, the Bone price reversed course, retreating in a series of red candles. Recently, it’s entered a consolidation phase, with sideways movement suggesting a standoff between buyers and sellers—a classic setup for a breakout.

Below the price candles, the Relative Strength Index (RSI) offered more nuance. As of Wednesday’s close, the 14-day RSI hovered around 45–46—neutral territory, just below the 50 midline traders often view as the boundary between bullish and bearish control.

The RSI showed a gentle upward slope, hinting at renewed buying pressure. But without a clean break above 50, bulls haven’t quite seized momentum.

Further down the chart, daily volume bars echoed the indecision. While historic price moves were accompanied by heavy volume, recent sessions have been quieter. Still, the latest $8.34 million in 24-hour volume suggests activity may be picking back up.

Bone Price Optimism: A Community United

Technical signals may be mixed, but sentiment isn’t. A striking 85% of nearly 80,000 voters in a CoinMarketCap poll expressed bullish views on BONE. It’s a familiar setup—community enthusiasm building ahead of chart confirmation.

Many see BONE as a sleeper asset in the Shiba Inu ecosystem, tied tightly to Shibarium’s growth. If buying interest continues and indicators like RSI and volume break key thresholds, the long-anticipated rally might not be far off.

For now, the slight daily gain adds a layer of intrigue to a token perched on the edge of movement—its direction soon to be decided.

The post Bone Price Surge? Bulls Bet on Big Rally first appeared on The Shib Daily.

Shiba Inu Price: Critical Chart Now Unlocks Potential Big Surge

Gushiken Yona — Thu, 29 May 2025 11:08:56 +0000

The Shiba Inu price teeters on a knife’s edge this week, as a critical chart pattern signals the digital coin might be about to break free from its slumber. A crypto analyst sees this setup as a tightly wound spring, potentially unlocking a significant, double-digit surge for the popular cryptocurrency, grabbing market attention.

Shiba Inu ($SHIB) recently exhibited what chartists called a descending triangle, a formation that spoke of growing tension between buyers and sellers. This observation, highlighted by market analyst Ali Martinez (@ali_charts on X), suggested the Shiba Inu price could be gearing for a move of roughly 17%.

Dissecting the Shiba Inu Price Pressure Cooker

The pattern involved two key lines on the Shiba Inu price chart. One sloped downwards, connecting progressively lower price peaks, acting as a descending ceiling.

Beneath it, another line ran almost flat, a sturdy floor around the $0.00001413 mark on Coinbase’s 4-hour chart. This floor showed where buyers had consistently drawn a line. As these lines converged, they squeezed the Shiba Inu price into an ever-tighter range.

credit: Ali

This was the “consolidation” the crypto analyst referred to, a common prelude to a decisive, volatile shift. Pressure had built, and the price was expected to either burst upwards through resistance or crack downwards below support. The analyst’s post read: “#ShibaInu $SHIB consolidates within a triangle, awaiting a 17% price move!”

Gauging the Breakout’s Direction

A snapshot from earlier this week placed the Shiba Inu price near $0.00001461. A 17% upward thrust from that level, if the breakout had favored bulls, could have propelled the Shiba Inu price towards the $0.00001710 vicinity – the “potential big surge” alluded to in the headline. This prospect undoubtedly excited the coin’s followers.

However, understanding the dual nature of such patterns was crucial. While the headline captured optimistic potential, descending triangles often resolved with a downside break.

If the $0.00001413 floor fails, a 17% drop could send the Shiba Inu price tumbling towards $0.00001210. The key for traders wasn’t just the pattern, but the breakout’s direction when it occurred, ideally confirmed by increased trading volume.

The Shiba Inu price, known for drama and rapid movements, had seen such standoffs before. That period of tight trading was likely one of intense focus.

The subsequent days were poised to reveal whether the formation would indeed unlock a surge, or if a more bearish chapter was to be written for the Shiba Inu price. The market holds its breath, the chart lines drawing a silent story of forces then in equilibrium, just before one side inevitably gained the upper hand.

The post Shiba Inu Price: Critical Chart Now Unlocks Potential Big Surge first appeared on The Shib Daily.

ShibaSwap Maintains High Security Score on CertiK’s Skynet Platform

Gushiken Yona — Mon, 26 May 2025 11:00:00 +0000

ShibaSwap, the official decentralized exchange platform of Shiba Inu, holds its ground as a fortress of DeFi security, maintaining a top-tier score on CertiK’s real-time Skynet platform — even as threats across the crypto space continue to evolve.

Skynet Score Highlights Robust Defenses

The detailed metrics visible on CertiK’s Skynet, a security intelligence engine known for its thorough analysis and often providing continuous monitoring, highlight ShibaSwap’s sustained performance in several key areas. The platform shows particular strength in Community and Governance, both categories currently displaying impressive scores of 98.00.

Market stability also reflects a high score at 96.00. These figures collectively suggest a resilient market presence for ShibaSwap, backed by active community oversight and transparent operational frameworks, which are vital for user confidence.

ShibaSwap Technical Security and Audit History

Delving into technical aspects, the Skynet dashboard indicates ShibaSwap’s Code Security at 89.29 and Operational security at 87.10. The platform’s Fundamental Health, a measure of its underlying project viability and strength, is rated at 83.00.

While ShibaSwap underwent at least one formal audit around its launch in May 2021, establishing an initial security baseline, the regularly updated Skynet scores provide a more current and dynamic snapshot of its security standing. The notation of “13, 1, 0, 0” under “Fundamental” on the dashboard typically points to historical or informational findings from past audits.

The high overall “AA” rating strongly indicates that any critical vulnerabilities previously identified have likely been long addressed or are not currently impacting the platform’s security status as monitored by Skynet.

ShibaSwap Evolving Role: Ethereum and Shibarium

Originally launched on the Ethereum blockchain, ShibaSwap serves as a decentralized finance (DeFi) hub. It offers users a suite of tools including the ability to “DIG” (provide liquidity), “BURY” (stake tokens for “WOOF returns”), and “SWAP” various cryptocurrencies.

The platform’s native token contract on Ethereum, 0x95ad…64c4ce, also reflects a high security score of 97.50. More recently, ShibaSwap has extended its reach by deploying on Shibarium, aiming to offer users lower transaction fees and faster processing times characteristic of Layer 2 solutions. While the current CertiK Skynet score predominantly reflects its Ethereum contracts, the security of its Shibarium iteration will also be a key focus for its community.

The publicly visible high score on CertiK’s Skynet for its Ethereum deployment serves as a continuous, positive indicator. While no system can be entirely immune to future threats, this ongoing favorable assessment suggests a commitment by ShibaSwap’s developers to security, a principle they will be expected to carry over meticulously to its Shibarium operations.

The post ShibaSwap Maintains High Security Score on CertiK’s Skynet Platform first appeared on The Shib Daily.

Shiba Inu Price Could Be On Its Way To Stunning Path to 450% Surge

Gushiken Yona — Mon, 26 May 2025 10:45:00 +0000

The Shiba Inu price, tracked intently by a fervent online community, could be on the verge of a staggering 450 percent climb, as one analyst deciphers bullish omens hidden within its charts.

The eye-catching prediction surfaced from JavonTM1, a cryptocurrency analyst who shares his findings on social media platform X (formerly Twitter). He presented a price chart for SHIB, Shiba Inu’s trading symbol, annotated with technical patterns that, in his view, spell out a significant upward trajectory. The chart itself tells a story, a visual chronicle of the coin’s recent struggles and what might be a nascent recovery. For a long stretch, the lines on the graph painted a picture of decline, a long, wearying slope downwards that tested the patience of its holders.

Deciphering the Shiba Inu Price Chart Signals

But then, according to the crypto analyst’s reading, the pattern shifted. The Shiba Inu price appeared to have decisively pushed through that oppressive downward trendline.

Traders call this a “breakout,” and it’s often seen as the first gasp of fresh air after being submerged, a potential sign that the sellers are losing their grip and buyers are stepping in with more conviction. Following this breakout, the chart indicated a “retest.”

This is a common, and often crucial, phase where the price dips back towards the level it just broke. Think of it like a mountaineer testing a newly secured rope before committing their full weight.

If the old resistance line now acts as a floor, providing support, it gives traders more confidence that the breakout isn’t just a fleeting blip. The chart shared by the analyst suggests Shiba Inu successfully navigated this retest.

Adding another layer to this optimistic interpretation, the analyst pointed to what he labeled a “Hidden Bullish Div.” This stands for hidden bullish divergence, a more subtle technical indicator.

It can occur when a coin’s price forms a higher low – meaning it dips, but not as far down as a previous dip – while a corresponding momentum indicator (though not explicitly detailed on the shared chart snippet) carves out a lower low. Some analysts interpret this as quiet strength building under the surface, like an engine revving softly before it roars.

Mapping the Climb: Analyst’s Shiba Inu Price Targets

Based on this tapestry of technical signals, the crypto analyst laid out specific targets. “$SHIB (Shiba Inu) – Target 1: $0.000081,” JavonTM1 stated in his public analysis, noting this represented “(Over +450% Upside).”

He further projected that, “Above $0.000081 and $0.0001553 comes into play.” Reaching the initial $0.000081 level from its recent trading range would indeed mark that significant climb. And if Shiba Inu’s momentum carries it past that milestone, the further potential target of $0.0001553 looms.

Its journey has been a classic crypto rollercoaster: dizzying ascents that captured global attention and minted overnight millionaires, followed by sharp corrections and prolonged periods of quiet consolidation, often called “crypto winters,” that tested the resolve of its community. This latest analysis from JavonTM1 offers a glimmer, a technical argument that the coin might be stirring from its slumber, potentially ready for another dramatic run.

The post Shiba Inu Price Could Be On Its Way To Stunning Path to 450% Surge first appeared on The Shib Daily.

Shibarium Builder Spotlight: Positions Exchange Debuts Perp Trading

The Shib Daily Desk — Thu, 15 May 2025 12:15:34 +0000

A new era for advanced trading on Shibarium is dawning as Positions Exchange makes its official debut. This Shibarium Builder Spotlight focuses on its launch, bringing a native perpetual contracts platform live on the testnet, designed to offer leveraged trading exclusively within the ecosystem.

Perpetual contracts, which allow traders to speculate on asset prices with leverage, represent a sophisticated segment of the cryptocurrency market. According to Chandan Kumar, representing the Positions Exchange team, Shibarium had previously lacked a dedicated, native infrastructure for such financial instruments.

“Positions Exchange is a native perpetual DEX on Puppynet (Shibarium testnet) that enables leveraged trading of crypto assets with a fast, gas-efficient user experience,” Kumar said, defining the project’s core mission. He explained their goal was to address what he termed “the lack of native, high-performance perpetual trading infrastructure on Puppynet,” specifically for traders within the Shiba Inu community seeking low fees and swift execution.

A Shibarium Builder Spotlight: The Native Advantage

What distinguishes Positions Exchange, Kumar emphasized, is its foundational commitment to Shibarium. “Positions Exchange stands out by being the first perpetual DEX built natively and exclusively for the Shibarium ecosystem, not just ported over from another chain,” he asserted.

This “laser-focused” strategy, he believes, will enable optimal performance and user experience specifically tailored for Shibarium. Key offerings are intended to include “ultra-low fees thanks to Shibarium’s gas efficiency” and “high-speed execution.”

The decision to build on Shibarium was a deliberate one. “We chose to build on Shibarium because it offers a unique opportunity to grow alongside one of the most passionate and fast-growing communities in Web3,” Kumar shared.

He cited Shibarium’s low fees and scalability as attractive features. “We see a clear gap in advanced trading infrastructure that we’re excited to fill.”

The team, which Kumar noted has broad experience building various DeFi projects, had been “closely monitoring Shibarium since its early testnet phases.” While development for Positions Exchange itself is recent, their strategic focus on the platform is long-term.

An early version of the platform is now live on Puppynet and accessible via its website. Future plans include a mainnet launch and the integration of advanced trading features. The project currently does not have its own token.

Community members can engage with the project via their X handle, and through a “Testing and Earn Campaign.” Kumar explained, “By testing the platform, providing feedback, and reporting bugs, community members can earn rewards.”

The long-term ambition, he shared, is “to make Positions Exchange the cornerstone of advanced trading on Shibarium.” He also addressed a common misconception: “Positions Exchange is a typical DEX, when in fact, it’s a purpose-built perpetual exchange created exclusively for Shibarium.”

For Kumar and his team, the current momentum within the Shib ecosystem is a primary motivator. “What excites us most…is the passion and momentum of the community, combined with the emerging infrastructure on Shibarium,” he said. “It’s a rare opportunity to build something meaningful from the ground up.” This Shibarium Builder Spotlight highlights one such endeavor, contributing to the evolving capabilities of the platform.

The post Shibarium Builder Spotlight: Positions Exchange Debuts Perp Trading first appeared on The Shib Daily.

Bone ShibaSwap Chart Shows Potential ~109% Surge

Gushiken Yona — Mon, 12 May 2025 18:23:22 +0000

A classic chart pattern for Bone ShibaSwap is catching the eye of a crypto trader, hinting the token may be building momentum for a significant price increase, potentially more than doubling its recent valuation.

Bone ShibaSwap ($BONE), a component of the wider Shiba Inu cryptocurrency ecosystem, is currently the subject of technical analysis suggesting a notable upside. After a period of declining value, common across many digital assets, specific formations on its price chart were interpreted by a crypto trader as potential harbingers of a bullish reversal. Bone ShibaSwap primarily serves as the token for transaction fees on Shibarium, Shiba Inu’s layer-2 network.

This particular analysis comes from a crypto trader known as SHIB KNIGHT, who communicates findings on the social media platform X (formerly Twitter) under the handle @armyshiba. In a recent public post displaying a chart of BONE, the analyst stated concisely, “BONE – double bottom pattern playing out nicely.” This observation was paired with a clear price objective: “Potential target is $0.74.”

Technical Outlook for Bone ShibaSwap

So, what’s a double bottom? It’s a reversal pattern that forms after a downtrend, often signaling that selling pressure is waning. Visually, it looks like the letter “W”: two troughs at similar depths, separated by a modest recovery. A breakout above the middle peak—known as the confirmation level—often indicates a shift in momentum.

In BONE’s case, that middle resistance sits around $0.44. If bulls can clear it convincingly, momentum could build quickly. The analyst’s $0.74 target corresponds with a former resistance zone, lending extra weight to the call.

Ecosystem Dynamics May Influence Bone ShibaSwap Price

Bone ShibaSwap’s role in the Shiba Inu ecosystem adds a layer of complexity. As the gas token for Shibarium, BONE’s value is closely tied to network usage. More users, more apps, more transactions? That’s bullish for BONE. But if Shibarium activity lags, demand—and price—could follow.

Markets remain volatile, with macro forces and sentiment often overruling charts. So while technical setups like the double bottom provide a roadmap, they’re not promises.

Still, rising volume and a textbook pattern give bulls something to lean on. Whether or not BONE reaches $0.74, the structure is there—and for now, the story favors upside.

$BONE Market Metrics Reflect Rising Momentum

As of 12:47 p.m. ET on Monday, Bone ShibaSwap (BONE) traded at $0.3467, up 14.57% over the past week. The rally came with a 12.02% jump in 24-hour trading volume, now at $16.9 million—pointing to revived investor interest and growing liquidity.

CoinMarketCap data shows a circulating supply of roughly 229.92 million BONE, giving it a market cap of $79.84 million. That places the token in the mid-cap tier, with recent gains hinting at shifting sentiment as traders respond to technical cues and the evolving Shiba Inu ecosystem.

The post Bone ShibaSwap Chart Shows Potential ~109% Surge first appeared on The Shib Daily.

Shiba Inu Price: Bullish Signal Points to ~105% ‘Additional Recovery’

Gushiken Yona — Mon, 12 May 2025 11:34:52 +0000

The Shiba Inu price, a subject of much online discussion, is drawing fresh attention from market analysts. One such observer, citing technical chart patterns, suggests the popular meme-inspired cryptocurrency might be poised for a significant upward move, potentially more than doubling from its recent recovery.

Shiba Inu, often traded under the symbol SHIB, has shown a recent burst of activity, climbing nearly 30 percent in the past few days. This rebound has not gone unnoticed.

Javon Marks (@JavonTM1 on X), a crypto analyst who shares his findings on the social media platform, commented on this development. “$SHIB (Shiba Inu)’s been showing some notable strength, recovering nearly +30% in the past few days but this could be only a beginning!” he posted.

Chart Analysis Fuels Shiba Inu Price Optimism

The basis for the crypto analyst’s notably optimistic forecast lies in his interpretation of Shiba Inu’s price chart. He shared a chart that, in his view, outlines a potential path upward.

The main portion of this chart depicts Shiba Inu’s price using candlestick formations, illustrating a period of decline – a trend common across many digital assets recently. The crypto analyst emphasized this with a downward-sloping red trendline drawn beneath a series of diminishing price peaks.

The analysis becomes more pointed when considering a secondary graph displayed below the price chart. This graph tracks a momentum indicator, likely the Relative Strength Index (RSI), a tool traders use to assess whether an asset might be overbought or oversold. On this indicator, Marks highlighted an upward-sloping red trendline, connecting a pattern of increasingly higher lows.

This particular condition – where an asset’s price trends downwards or records lower lows while a corresponding momentum indicator forms higher lows – is known in technical analysis as a bullish divergence. Analysts often interpret such divergences as a sign that downward selling pressure could be waning, potentially heralding an upward price reversal.

It is this divergence that underpins the crypto analyst’s specific projection. He noted it was “hinting at an at-least 105% additional recovery.” Such a gain, were it to materialize, would represent a substantial shift in the token’s recent performance.

He further identified a “breakout target that stands at $0.000081.” This price level is considerably higher than Shiba Inu’s recent trading range.

Should SHIB reach this $0.000081 mark, Marks suggested, its price could effectively “quadruple.” Technical analysts frequently derive such price targets from historical price formations, including previous peaks and troughs, or by measuring the extent of prior significant price movements.

The chart shared by Marks included a hand-drawn curved arrow pointing steeply upwards, visually reinforcing his anticipated trajectory.

A Volatile Asset in a Speculative Market

Despite the technical arguments, Shiba Inu remains an asset class known for its pronounced volatility. Its price history is characterized by dramatic ascents and equally sharp declines, often influenced by broader sentiment within the cryptocurrency market and trends on social media platforms.

While Marks presents a detailed technical case for a significant appreciation in the Shiba Inu price, forecasts within the cryptocurrency sector are inherently speculative.

The recent nearly 30% gain is a factual data point, but whether it signals the start of a more sustained rally, as suggested by this analysis, remains to be seen. Investors generally approach such predictions with considerable caution.

The post Shiba Inu Price: Bullish Signal Points to ~105% ‘Additional Recovery’ first appeared on The Shib Daily.

Shibarium Builder Spotlight: ShibaLisa.art Aims to Remake Art World

The Shib Daily Desk — Tue, 06 May 2025 09:35:21 +0000

In this week’s Shibarium Builder Spotlight, one project is taking aim at the age-old power dynamics of the art world — and doing it on Shiba Inu’s layer-2 scalability solution. ShibaLisa.art, headed by pseudonymous project lead Shiba da Vinci, is a zero-commission, artist-owned NFT art marketplace built on the Shiba Inu blockchain.

“We want to start an art revolution where artists are truly valued, empowered, and fairly rewarded for their contributions to our cultural landscape,” the team said.

Revolutionizing Art Sales: Zero Commissions on Shibarium

Launched about a month ago, ShibaLisa.art wants to upend the traditional art world, armed with a community-owned model and a promise that artists keep all their sales money It seeks to solve an old problem: artists often feel squeezed by high commission fees and gatekeepers.

“ShibaLisa.art is revolutionizing the art world through a community-owned marketplace built for the Shibarium blockchain,” the team noted. The platform, they explained, empowers artists in traditional art, photography, digital creation, and AI art. The goal is to let them “showcase and sell their work globally without traditional gatekeepers.”

The core of their approach is a zero-required-commission model. Artists can pocket 100% of their sales. Payments go directly to their digital wallets. While it’s a novel idea for an art marketplace, the real difference, according to Shiba da Vinci, lies deeper.

Shibarium Builder Spotlight: A Community-Owned, Artist-Driven DAO

ShibaLisa.art not your another online gallery. It’s built on the idea of collective ownership.

Holders of the Shiba da Vinci NFT Collection will own the platform. This, the team believes, means decisions will focus on artists’ needs, not corporate profits. A Decentralized Autonomous Organization, or DAO, will give every NFT holder a vote on the platform’s future.

“For artists, especially those without established gallery relationships, the conventional art world presents significant barriers,” Shiba da Vinci noted. His project aims to tear those barriers down. Artists control pricing and presentation. They can connect directly with buyers. And the platform offers an interactive map for physical galleries and events, bridging the digital and physical art scenes. Even art lovers who can’t buy original pieces can support artists through tipping.

Why Build on Shibarium? A Community-First Choice

The choice to build on Shibarium was deliberate. “Shibarium is truly the ‘people’s blockchain’ – built by the community, for the community,” the team said. They cited low transaction fees, crucial for making art sales and even small tips affordable.

The playful culture of the Shiba Inu ecosystem also felt like a good fit. “This shared element of humor makes blockchain technology less intimidating for artists who may be new to Web3,” they added.

The team also believes in Shibarium’s long-term sustainability and looks forward to upcoming features like its L3 privacy layer.

Though ShibaLisa.art is new to Shibarium, its developers have nearly three years of experience building on Ethereum. Their production server is live. But the journey has just begun.

“Our main struggle has been building a community without financial backing,” the team admitted. They are currently revamping how artists upload and manage portfolios. Their NFT collection, ORIGINS, initially on Ethereum, will move to Shibarium this week.

The project’s $LISA token is live on Ethereum, with an application submitted to bridge it officially to Shibarium.

Shibarium Builder Spotlight: ShibaLisa.art’s Vision for the Ecosystem

Once these foundational pieces are solid, “hopefully in a week’s time,” the team plans a bigger push to onboard artists and grow their user base. They invite community feedback on their staging server, accessible via their Telegram channel.

ShibaLisa.art envisions itself as “the definitive global destination for discovering, supporting, and collecting art from emerging and independent artists.”

The team’s enthusiasm for being part of the broader Shiba Inu ecosystem is clear. “Being part of the Shib ecosystem is the rare opportunity to participate in a genuine blockchain revolution driven by community rather than corporate interests,” the team shared.

“Shibarium represents more than just technical infrastructure – it embodies a philosophy that aligns perfectly with our vision for democratizing art.”

They find the most reward in offering real value. “Each artist who finds success through ShibaLisa.art and each collector who discovers new artwork they love represents a concrete example of Shibarium delivering on its promise.” It’s this sense of shared purpose, they feel, that makes the Shib ecosystem special.

The post Shibarium Builder Spotlight: ShibaLisa.art Aims to Remake Art World first appeared on The Shib Daily.

Shiba Inu Karma Levels Up With Fixes and Perks

Gushiken Yona — Mon, 05 May 2025 19:22:52 +0000

Bugs are gone, scores are clean, and the climb to Shiba Inu Karma glory just got sharper.

The Shiba Inu Karma system, rolled out around mid-April, gets a fresh round of backend fixes that has cleared the bugs that once skewed scoring and stability. Now, Karma Points update in real time, tallies reflect true engagement, and users are starting to see what their digital reputation is really worth.

Shiba Inu Karma Changes Detailed

Backend bugs quietly distorted Karma Point calculations, muddling user scores and eroding confidence in what was meant to be a merit-based system. Some contributors saw their engagement misrepresented. Others, who had earned their way up, were left without acknowledgment.

That changed this week.

In a sweeping update, the team behind Shiba Inu Karma announced that the system has been stabilized, recalibrated, and expanded. The fix wasn’t cosmetic. It dug deep into the foundation—repairing bugs that skewed point balances and normalizing past data to reflect what users actually earned. The result: a clean slate, with Karma Points now updating accurately and in real time.

But the real story isn’t just about what was fixed. It’s about what was added.

New Levels Introduce Tiers of Influence

Perhaps the most noticeable change for users is the introduction of specific levels tied to accumulated Karma points. This tiered system formally recognizes different levels of participation or investment within the community.

It also grants practical perks, with increased voting power in Shiba Inu’s governance structures being the most significant. Such tiered systems are often used in online communities to encourage deeper engagement and structure decision-making processes.

The ranks aren’t ornamental. They signal trust, status, and decision-making heft. They also reflect a larger idea—one borrowed from old forums and early Reddit—where credibility is built, not bought.

A Transparent UI, A More Trustworthy System

To support the changes, the interface has been refreshed. Users can now track their Karma balance and history with clarity. Backend performance has been tightened, ensuring that updates to scores happen in near real-time.

The move brings the system closer to its original vision: a decentralized reputation framework designed to elevate genuine contributors. And in the noisy, often chaotic world of meme coins and crypto tribalism, systems like these matter. They offer structure. They reward consistency. They surface signal over noise.

Shiba Inu Karma: A Social Layer with Stakes

Shiba Inu Karma isn’t a popularity contest. It’s shaping up to be a governance tool—one that connects forum activity with the broader mechanics of DAO participation. As the Shiba Inu ecosystem continues expanding—into DeFi, Web3 gaming, among others—Karma could become the connective tissue between voice and vote.

The post Shiba Inu Karma Levels Up With Fixes and Perks first appeared on The Shib Daily.

Shibarium Builder Spotlight Highlights WoofSwap on Shibarium

The Shib Daily Desk — Thu, 01 May 2025 18:45:47 +0000

This week, the Shibarium Builder Spotlight beams down on WoofSwap, a rising decentralized exchange that’s not just riding the meme wave but attempting to rewrite the DeFi playbook from inside Shiba Inu’s layer-2 ecosystem. The project aims to provide “a powerful and efficient platform for DeFi liquidity.”

Launched by a team with one of the developers identifying publicly as “Jim,” WoofSwap seeks to address common issues like “high transaction costs and scalability issues,” offering users a more “cost-efficient and user-friendly platform.” By building on Shibarium, WoofSwap leverages the layer-2 solution’s faster transaction speeds and significantly lower fees.

Shibarium Builder Spotlight: WoofSwap Reinvents the DEX Model with ve(3,3)

According to the team, WoofSwap functions as a decentralized exchange where users can trade digital tokens directly. It utilizes a specific economic model known as “ve(3,3),” derived from an earlier project called Ve33 Finance. The team states this model makes the project distinct, highlighting its “ve(3,3) tokenomics, which aligns incentives through vote-escrowed tokens and fee rewards, combined with Shibarium’s technology for ultra-low fees and high-speed transactions.” Users lock the platform’s native token, $WOOF, to gain voting rights and receive rewards from trading fees.

Explaining their choice of network, the team said, “We chose Shibarium for its layer-2 scaling solution, which offers fast, low-cost transactions, aligning with our goal of making DeFi accessible.” They also noted Shibarium’s “vibrant Shiba Inu community and focus on meme coin utility” as providing a “perfect ecosystem to foster WoofSwap’s growth.” WoofSwap has been developing on Shibarium since roughly mid-2023.

Key features already built include permissionless liquidity pools, the ve(3,3) tokenomics system and support for tokens like $BONE alongside its own $WOOF token. The team also mentioned launching shibarium.fun as part of its effort to boost ecosystem growth.

Project Vision and Community Engagement

The team’s vision is “to make WoofSwap the leading DEX on Shibarium, driving a thriving meme coin economy with sustainable DeFi solutions.” Addressing potential misconceptions, the team noted that people might think WoofSwap is “just another meme coin DEX,” but emphasized that “it’s a sophisticated ve(3,3) platform designed for long-term sustainability.”

For those interested in engaging, the WoofSwap team encourages participation through providing liquidity, staking tokens, or joining governance votes. They direct users to their official social media channels (@woofswap on X and Telegram) and project documentation available on their GitBook site for updates and further information.

WoofSwap may wear a meme-friendly name, but its mechanics are anything but lightweight. By combining vote-escrowed tokenomics with Shibarium’s low-fee, high-speed architecture, the project positions itself as more than just another DEX—it’s a calculated experiment in sustainable DeFi.

The post Shibarium Builder Spotlight Highlights WoofSwap on Shibarium first appeared on The Shib Daily.

Shiba Inu Price Eyes 26% Surge as Chart Pattern Signals Breakout

Gushiken Yona — Thu, 01 May 2025 17:10:39 +0000

The action of Shiba Inu price action is stirring the charts, with a crypto analyst pointing to a bullish breakout that could catapult the token 26% higher — if the wedge pattern plays out.

Analyst Eyes Shiba Inu Price Pattern

The forecast originates from a crypto trader known online as SHIB KNIGHT. Posting on X (formerly Twitter), the analyst shared the Shiba Inu price chart against the stablecoin Tether (USDT). The chart highlighted a specific technical formation known as a “falling wedge.”

This pattern occurs when an asset’s price bounces between two downward-sloping trend lines that are gradually converging. Some traders interpret a decisive move above the upper trend line – a “breakout” – as a signal that the preceding downtrend might be reversing, potentially leading to higher prices.

credit: $SHIB KNIGHT

Based on this interpretation, the crypto trader projected a target price near $0.000017 if the breakout occurs. At the time the analysis was shared, the Shiba Inu price was hovering near the potential breakout point around $0.00001335. Reaching the $0.000017 target would represent approximately a 26% gain from that level.

The analyst’s chart also marked key price levels to watch. Potential support levels, where buying might emerge to slow or stop a price decline, were indicated near $0.00001320 and $0.00001279. Conversely, possible resistance levels on the way up, where selling pressure could intensify, were noted around $0.00001494 and $0.00001574, below the main $0.000017 target.

Market participants often use technical analysis like this to identify potential trading opportunities and manage risk. However, these patterns are not guarantees of future performance. The Shiba Inu price is notoriously volatile and subject to influences beyond chart formations, including overall market sentiment and online trends. The analysis by SHIB KNIGHT represents one interpretation of the current technical setup.

Recent Market Movement Supports Bullish Outlook

Adding context to the technical analysis, Shiba Inu demonstrated positive price movement in recent trading. As of 12:02 p.m. Eastern Time on Thursday, the token was trading at $0.00001364.

Data from CoinMarketCap indicated this price represented a notable 4.54% increase over the previous 24 hours. This short-term gain built upon slight increases over longer periods, with the price up 0.97% over the last seven days and showing a 4.58% rise compared to 30 days prior.

Trading activity over the 24-hour window saw $162.97 million worth of Shiba Inu exchanged. Reflecting the day’s gains, the token’s total market capitalization reached $8.04 billion, also up 4.54% in the period. This recent market behavior provides a backdrop for analysts watching for potential continuation signaled by chart patterns.

The post Shiba Inu Price Eyes 26% Surge as Chart Pattern Signals Breakout first appeared on The Shib Daily.

Shiba Inu Price Eyes $0.00003000 Resistance Amid Bitcoin Surge

Gushiken Yona — Mon, 28 Apr 2025 14:10:24 +0000

The Shiba Inu price is poised to test a critical resistance level near $0.00003000, driven by Bitcoin’s potential strength in the market. As Bitcoin shows signs of upward momentum, an analyst predicts that SHIB could rally toward this key mark, signaling a possible turning point.

Analyst Charts Potential Path for Shiba Inu Price

This optimistic outlook comes from a technical analysis shared on the platform X by market watcher StrongHedge. The forecast hinges significantly on Bitcoin, the crypto market’s leader, continuing its own upward push.

“Running with $BTC leg up – expecting a LH into 3000 tops,” the analyst wrote, suggesting Shiba Inu could ride Bitcoin’s coattails. The target, $0.00003000, isn’t just a round number.

According to the chart provided by the market watcher, this level represents a confluence of potential barriers for the Shiba Inu price. It aligns with a horizontal resistance area where selling pressure previously halted advances.

credit: StrongHedge

It also sits near a descending trendline that has capped major rallies since April 2024. The analyst marked this intersection with an ‘X’, highlighting it as a likely area of significant resistance or a potential peak for this anticipated move.

The chart also shows the Shiba Inu price recently finding stability around the $0.00001241 to $0.00001365 support zone. This area is situated above a broader range labeled “Accumulation,” where SHIB traded sideways for much of late 2024 and early 2025 before its last major surge.

However, the analyst also noted the expectation is for a “lower high” (LH). This implies that even if SHIB reaches the $0.00003000 target, it would still be below the higher peaks seen earlier in 2024, suggesting the longer-term downtrend might remain intact.

While analysts speculate on future price levels, the immediate market picture on Monday morning offered its own insights.

Shiba Inu Trading Volume Jumps Significantly Despite Modest Price Gains

Shiba Inu demonstrated continued positive market activity during mid-morning trading, though the standout metric was a sharp increase in trading volume. As of 8:24 a.m. ET, the popular dog-themed cryptocurrency traded at $0.00001382. This represented a relatively modest 1.30% increase on the day.

What caught traders’ attention, however, was the significant surge in market participation. Shiba Inu’s 24-hour trading volume experienced a substantial 18.16% jump, reaching $208.82 million.

Such a pronounced increase in volume, especially accompanying even slight price gains, often signals heightened interest. It suggests more capital is flowing through the asset, potentially laying the groundwork for more significant price moves or indicating active position-taking by market participants.

Reflecting the slight price increase, SHIB’s total market capitalization also edged higher, rising by 1.43% to settle at $8.15 billion.

The post Shiba Inu Price Eyes $0.00003000 Resistance Amid Bitcoin Surge first appeared on The Shib Daily.

150 Billion Stolen Shiba Inu Tokens from Bitrue Hack Swapped, Laundered

Gushiken Yona — Mon, 28 Apr 2025 11:54:44 +0000

150 billion stolen Shiba Inu tokens from the Bitrue hack are being swapped and laundered, as malicious actors move the assets through Tornado Cash to obscure their trail.

Details Emerge on Stolen Shiba Inu Tokens Conversion

Blockchain security firm PeckShield recently alerted the crypto community to significant movements from wallet addresses associated with the 2023 Bitrue exchange exploit. On-chain data revealed the malicious actors swapped a massive 150 billion Shiba Inu tokens (SHIB), along with approximately 756 million Holo (HOT) tokens.

These assets were converted into roughly 1,500 Ether (ETH). Following the swap, the exploiters quickly moved to obscure the funds’ origins, transferring 1,050 ETH directly into Tornado Cash, a decentralized cryptocurrency mixing service designed to break the on-chain link between sender and receiver addresses.

#PeckShieldAlert #Bitrue Exploiter-labeled addresses have swapped 150B $SHIB & 756M $HOT for ~1,500 $ETH & transferred 1,050 $ETH to #Tornadocash.
The exploiter still holds 5,111 $ETH & 16M $DAI (worth ~$25.5M).
In 2023, crypto platform #Bitrue suffered a cyberattack resulting… pic.twitter.com/lR87clBJCs
— PeckShieldAlert (@PeckShieldAlert) April 28, 2025

Context: The 2023 Bitrue Exchange Hack

This recent activity is tied to a significant security breach that occurred in April 2023. Cryptocurrency exchange Bitrue suffered a cyberattack targeting one of its hot wallets, leading to an estimated loss of $23 million in various digital assets at the time. The theft included a diverse range of tokens, and the perpetrators have been periodically moving these funds since the initial incident. The movement of large quantities of specific assets, like the Shiba Inu tokens, often occurs when exploiters attempt to consolidate holdings or prepare for cashing out.

Over $25 Million Still Held as Laundering Continues

Despite the recent swap and mixing activity, the addresses linked to the Bitrue exploiter still retain a substantial amount of cryptocurrency. According to PeckShield’s analysis, the remaining traceable holdings include approximately 5,111 ETH and 16 million DAI (a stablecoin pegged to the U.S. dollar).

At current market valuations, these remaining assets are worth roughly $25.5 million. The ongoing movement and laundering attempts underscore the persistent challenge of tracking illicit crypto funds and the methods used by attackers to obfuscate their trails long after an initial exploit occurs. The use of Tornado Cash, in particular, complicates recovery efforts for exchanges and law enforcement agencies.

Shiba Inu Climbs as Trading Volume Increases

Shiba Inu (SHIB) demonstrated positive momentum in the early trading hours of Monday, signaling renewed buyer interest in the popular dog-themed cryptocurrency. As of 6:40 a.m. ET, SHIB was trading at $0.00001415, reflecting a solid 3.21% gain on the day. This price appreciation suggests a bullish start to the week for the asset.

Further bolstering this positive sentiment is the notable increase in trading activity. Shiba Inu’s 24-hour trading volume climbed to $200.19 million, marking a significant 9.42% increase. Rising volume accompanying a price increase is often seen as a potentially bullish indicator, suggesting stronger conviction behind the upward price movement and heightened market participation. It implies that the price gain isn’t merely a low-volume drift but is supported by active trading.

The positive price action directly translated into an expansion of Shiba Inu’s market capitalization. Reaching $8.35 billion, the market cap saw a 3.45% increase, closely mirroring the daily price gain. This valuation reaffirms SHIB’s standing as the world’s second-largest canine-inspired digital asset by market value, underscoring its continued relevance and significant footprint within the altcoin ecosystem, particularly among meme coins.

The post 150 Billion Stolen Shiba Inu Tokens from Bitrue Hack Swapped, Laundered first appeared on The Shib Daily.

Shiba Inu Chart Hints at Reversal as Whale Transactions Surge

Gushiken Yona — Tue, 22 Apr 2025 05:22:48 +0000

A pattern suggesting a potential price reversal is taking shape on the Shiba Inu chart, catching analysts’ attention just as on-chain data reveals a dramatic spike in large transactions. The timing has observers speculating that major holders, or “whales,” may be positioning themselves, hinting at renewed interest in the meme coin’s next move.

Potential Reversal Pattern Emerges on Shiba Inu Chart

Technical analysts are eyeing a specific formation on the daily price chart for Shiba Inu (SHIB), particularly as depicted in analysis published on TradingView by the user @CryptoWizard101 on Monday. The chart appears to show the cryptocurrency carving out a “double bottom” pattern against its Tether (USDT) pairing.

This classic technical formation occurs when a price tests a low point, bounces, retests that same approximate low, and bounces again. In traditional chart analysis, a double bottom is often viewed as a bullish signal.

It suggests that sellers may lack the conviction to push the price lower past that established support level – seen near the $0.00001154 mark on the referenced chart. If the pattern holds and the price breaks above the intervening peak, it could signal the start of a potential uptrend.

Whale Transactions Spike Alongside Chart Signals

Adding weight to the chart observations is a significant surge in activity on the Shiba Inu blockchain itself. Data from analytics firm IntoTheBlock indicated a dramatic 95.91% increase in the volume of large SHIB transactions within the 24 hours leading up to Monday.

These large movements, typically defined as transactions exceeding $100,000, accounted for a transfer volume of roughly 18.51 trillion SHIB. At the time, this amount was valued at approximately $7.75 million.

Such a sharp uptick in large transaction volume frequently points towards increased activity among cryptocurrency “whales” – wallets holding substantial amounts of the asset. While the specific intentions behind these movements remain unclear (they could represent buying, selling, or simply internal transfers), the sheer scale suggests major players were actively engaging with SHIB.

This coincided with broader market activity, as data from CoinMarketCap showed Shiba Inu’s overall 24-hour trading volume had increased by about 10%, reaching nearly $149 million.

credit: CoinMarketCap

Holder Sentiment Remains Strong Despite Whale Dominance

Further context from market data highlights the unique distribution of Shiba Inu. While an overwhelming majority of addresses (over 93%) hold relatively small amounts (under $1,000), a very small cohort of whale addresses (0.15%) wields significant influence, controlling an estimated 58.5% of the token’s supply.

Despite this concentration, a strong sense of holding persists within the community. Analytics suggest that over 77% of Shiba Inu addresses have held their tokens for more than one year, classifying them as long-term “Holders” rather than short-term “Traders.”

While the potential double bottom on the Shiba Inu chart and the surge in whale activity present intriguing data points, market analysts caution against definitive conclusions. Technical patterns can fail, and whale movements can be ambiguous. Yet, the convergence of these factors has undeniably placed Shiba Inu back in the spotlight for traders and investors monitoring the popular meme coin for signs of its next significant move.

The post Shiba Inu Chart Hints at Reversal as Whale Transactions Surge first appeared on The Shib Daily.

Shiba Inu Price Inches Toward Breakout, Bulls Test Key Wall

Gushiken Yona — Thu, 17 Apr 2025 21:13:19 +0000

Shiba Inu price inches closer to a potential breakout, with bulls pounding against a key resistance wall that’s held firm for weeks. The dog-themed altcoin tightens its coil — and the next move could be explosive.

Shiba Inu Price Battles Resistance Near $0.000012

The critical battleground for SHIB bulls is forming around the 0.00001195−0.00001200 zone. This price ceiling has acted as a significant barrier, repeatedly halting upward advances in recent trading sessions.

Technical analysts often view such persistent resistance levels as crucial tests of market strength; a decisive breach can signal a shift in control from sellers to buyers, potentially unleashing pent-up demand.

Adding weight to the bullish case, crypto trader BitGuru recently signaled optimism, declaring SHIB “Ready to Break Out!” His analysis pointed to “strong bullish candles” forming as the price pushes against this key resistance.

These candle patterns often indicate determined buying pressure during specific trading periods. The focal point of BitGuru’s assessment is the immediate $0.00001188 level.

He suggested that if buyers can successfully defend this level, turning it into support, it could pave the way for a swift rally. “If 0.00001188 holds,” BitGuru forecasted, “price could launch toward 0.00001204 in no time.”

The chart shared alongside this analysis vividly illustrates the tension. It displays the recent SHIB/USDT price action via candlesticks, clearly showing the price bumping against the upper horizontal resistance line.

BitGuru’s proposed trade setup is overlaid: an entry range between $0.00001184 and $0.00001188, a take-profit target at $0.00001204 (the green zone), and a stop-loss at $0.00001173 (the red zone). This visual effectively maps out the potential reward versus the risk based on his breakout thesis. The trader’s confidence is summed up in his assertion: “Momentum building — breakout likely incoming!”

credit: BitGuru

Market Sentiment Supports Bullish Momentum

Beyond the technical charts, broader market data provides additional context. As of 3:26 p.m. ET on Thursday, SHIB was trading near $0.00001189, reflecting a respectable 2.30% gain over the previous 24 hours, according to data from CoinMarketCap.

This positive daily performance aligns with the observed push against resistance. The token maintains a hefty market capitalization of approximately $7.01 billion, firmly positioning it within the top tier of altcoins.

credit: CoinMarketCap

Trading activity also appears healthy, with over $131 million worth of SHIB changing hands in the last 24 hours, indicating sufficient liquidity for traders. Perhaps most tellingly, community sentiment heavily favors the bulls. CoinMarketCap’s polling, drawing from nearly a million votes, reveals that a striking 88% of participants hold a bullish outlook for Shiba Inu, compared to just 12% feeling bearish.

While not a foolproof indicator, such strong positive sentiment can sometimes fuel buying pressure, especially within meme coin communities known for their passionate engagement.

The post Shiba Inu Price Inches Toward Breakout, Bulls Test Key Wall first appeared on The Shib Daily.

Shiba Inu Price Teases Climb Amid Bullish Chart Signals

Gushiken Yona — Mon, 14 Apr 2025 17:21:25 +0000

The Shiba Inu price flickers with possibility as traders scan charts for signs of a breakout. In the murky calm following recent market turbulence, bullish patterns are surfacing—some subtle, others shouted from the charts. Online analysts mark up their screens with arrows and predictions, hoping the next move is up. But the signals, like the market itself, remain a mix of promise and uncertainty.

Trader Flags ‘Pump Wave’ for Shiba Inu Price

One forecast gaining attention came from a crypto trader known as @army_shiba, who posted over the weekend on the platform X. The message was brief but clear:“$SHIB – New pump wave loading.”

Alongside it, the trader shared a screenshot of the SHIB/USDT trading pair. On the chart, a hand-drawn green arrow arched upward from the current price zone—around $0.00001238—toward $0.00001400. The implication was a coming price surge.

credit: $SHIB KNIGHT

Shiba Inu Price Patterns Suggest Breakout Potential

A second analysis—this one published on TradingView by a crypto trader who uses the handle @WAVERIDERS—identified an inverted head and shoulders formation on the SHIB/USD chart. For seasoned traders, the pattern often signals a shift from decline to rally. “SHIB has formed an inverted head and shoulders pattern,” the post declared.

On their chart, the neckline was marked by a diagonal blue line, while the dips formed a rounded baseline below. The price hovered near $0.00001235. If the token breaks above the neckline with volume, WAVERIDERS suggested upside targets of $0.00001259 and $0.00001282.

“If price breaks out above the blue neckline, the targets are the green line levels,” they wrote, pointing to a possible near-term climb—pending confirmation.

credit: WIVERIDERS

Volume Spikes as Sentiment Remains Strong

While the technical signals suggest potential upside, the broader numbers paint a more cautious picture. According to CoinMarketCap data from Wednesday morning, the Shiba Inu price sat at $0.00001218—a modest 0.25% increase over 24 hours.

Market capitalization stood at $7.24 billion, up just 1.351%. But the standout figure came from trading activity: volume surged 28.14% to $181.9 million. That kind of jump typically reflects renewed interest—or positioning ahead of a move.

credit: CoinMarketCap

Community sentiment, too, leans bullish. CoinMarketCap’s user-based sentiment gauge—tallied from over 963,000 votes—showed 88% of participants expecting the Shiba Inu price to rise.

credit: CoinMarketCap

Reading the Signals: What It All Means for Shiba Inu Price

Shiba Inu, like most meme coins, trades on volatility and crowd psychology as much as fundamentals. The price moves fast, driven by whispers, patterns, and momentum. While analysts point to bullish indicators, the actual breakout depends on whether the token can clear key resistance levels and sustain higher volume.

Forecasts, especially in crypto, are rarely guarantees. They’re probabilities dressed in arrows and overlays. Whether the predicted surge materializes or fizzles will depend not just on charts—but on market mood, macro factors, and that ever-elusive crypto spark.

The post Shiba Inu Price Teases Climb Amid Bullish Chart Signals first appeared on The Shib Daily.

Shiba Inu Price Nears Key Level in a Bid for 67% Breakout

Gushiken Yona — Fri, 11 Apr 2025 14:03:33 +0000

Shiba Inu (SHIB) teeters on the brink, pressing hard against a critical resistance wall that a crypto analyst believes holds the key to a massive breakout for the Shiba Inu price. This potential move targets a 67% explosion upwards to $0.00002. The battle lines are drawn at this key resistance, and a confirmed breakout could ignite the next significant rally for the popular dog-themed altcoin.

Shiba Inu Price Poised at Key Juncture

A technical analysis recently published by crypto commentator CryptoWizard101 has focused attention on a specific juncture for the Shiba Inu price. In their assessment, which utilized the accompanying daily chart (see provided image), the analyst identified SHIB positioned near a significant resistance level. This price zone is technically important as it represents an area where previous attempts at upward movement faced considerable selling pressure.

CryptoWizard101 highlighted the potential implications of this setup, stating, “SHIB is currently hovering near a critical resistance level, indicating the possibility of a bullish breakout.” Based on this observation within their analysis, the suggestion is that a decisive move above this specific barrier could potentially trigger a strong buying response.

credit: Cryptowizard101

Should the breakout scenario outlined by the analyst materialize, CryptoWizard101 projects an initial target for the Shiba Inu price at $0.000015. If bullish momentum were to sustain following such a break, the analysis points towards a more ambitious secondary target of $0.00002.

This represents the substantial 67% potential gain from the price point noted in the analysis (around $0.00001197). The provided chart illustrates the technical basis for these targets, showing less historical resistance between the identified breakout point and these higher levels.

It is crucial to remember that this analysis reflects CryptoWizard101’s interpretation of the chart at the time of publication. Market participants often await confirmation signals – such as a daily candle closing firmly above the resistance level accompanied by strong trading volume – before validating a breakout. The Shiba Inu price remains subject to market volatility and broader economic factors beyond this specific technical viewpoint.

SHIB Price Action

At approximately 8:53 a.m. ET on Friday, Shiba Inu’s market snapshot provided crucial context for CryptoWizard101’s analysis. Trading at $0.00001201, the Shiba Inu price hovered remarkably close to the levels identified in the analyst’s potential breakout scenario, reinforcing its immediate relevance.

credit: CoinMarketCap

The 24-hour trading volume stood at a notable $194.48 million, indicating significant ongoing market activity and trader interest surrounding the token as it interacts with this key technical zone. Data sourced from CoinMarketCap further contextualizes SHIB’s position: its substantial market capitalization of roughly $7.08 billion, derived from the vast circulating supply of approximately 589.25 trillion SHIB tokens, underscores its established presence in the cryptocurrency landscape.

The post Shiba Inu Price Nears Key Level in a Bid for 67% Breakout first appeared on The Shib Daily.

Shiba Inu Lead Dev Hints at ‘Next Phase’ with Advanced Tech

Gushiken Yona — Thu, 10 Apr 2025 18:05:28 +0000

As market fear swirls, Kaal Dhairya, the Shiba Inu lead dev, directs the community’s gaze forward, hinting online Wednesday at a significant “next phase” for the ecosystem, urging the community to build through the current market slump.

Known affectionately as “Kaal” by the Shib Army, pointed towards specific technological advancements in his post on the social media platform X. He identified “Rollups, FHE, and beyond” as key elements of this upcoming stage for the Shiba Inu project.

FHE stands for Fully Homomorphic Encryption, a complex form of cryptography focused on data privacy. His X post came during a period of declining prices across the digital asset market.

Kaal acknowledged the negative sentiment, often termed “FUD” for fear, uncertainty, and doubt. “When markets dip, the FUD rises,” he shared in his X post.

Shiba Inu Lead Dev Addresses Market Fears

The Shiba Inu lead dev urged followers to disregard this negativity. “Ignore the noise,” he stated plainly. He attributed some of the rising fear and uncertainty to actors he described as “scammers who made millions off the SHIB ecosystem.”

Instead of dwelling on market fluctuations or criticism, Kaal emphasized a proactive approach focused on development. He drew a parallel to the work ethic of another project with multiple projects on Shibarium, Shiba Inu’s layer-2 scalability solution.

Focus on Work Ethic, Says Shiba Inu Lead Dev

“Remember: like @woofswap builders build,” Kaal further said in his X post. The Shiba Inu lead dev concluded his message with a simple directive reinforcing this focus. “No complaints. Just work,” he wrote.

His remarks position the current market climate not as a setback, but as a period for foundational development within the Shiba Inu ecosystem. The focus shifts towards potentially incorporating newer blockchain technologies for future growth.

Kaal’s commentary, layered onto the practical step of putting Shibarium builders on the spotlight, served to frame the project’s current efforts within a larger narrative of resilience and forward-looking innovation, even as the wider crypto market faces headwinds. The push to formally list projects on the official Shiba Inu website represents a tangible step towards solidifying Shibarium’s identity and utility within the larger crypto space.

For builders, inclusion offers increased visibility and a degree of official recognition. Kaal’s commentary layered onto this initiative serves as both a rallying cry for current participants facing market headwinds and a signal that Shiba Inu aims to continue evolving its technological base moving forward.

The combined messages encourage both participation in the current ecosystem structure and anticipation for future advancements.

The post Shiba Inu Lead Dev Hints at ‘Next Phase’ with Advanced Tech first appeared on The Shib Daily.

Shibarium Developer Initiative Launched After 1B Transactions

Gushiken Yona — Wed, 09 Apr 2025 15:20:14 +0000

Shibarium marks a milestone, crossing 1 billion transactions, and immediately shifts into high gear, unveiling its bold Shibarium developer initiative designed to spotlight the builders powering its ecosystem. The new program offers builders official recognition and visibility on the network’s website, turning the milestone into a springboard for developer growth.

Spotlight Turns to Builders with New Shibarium Developer Initiative

Capitalizing on the momentum from this achievement, the Shibarium team quickly formalized the new program focused squarely on the builders innovating on the network. The Shibarium developer initiative aims to recognize and promote the projects actively contributing to the platform’s expanding ecosystem.

The official call to action came on Tuesday via a post on X (formerly Twitter) from John Doe, Shibarium Engineering Manager. Addressing the building community directly, Doe stated: “Dear fellow developers! Shibarium is celebrating 1B transactions! If you have been developing great products on Shibarium, we would like to list you on the official website. Do submit here.”

Shibarium Developer Discovery Intake Form

This post provided the direct pathway for developers to gain official recognition and visibility by having their projects potentially featured on Shibarium’s official website via the provided submission link.

This public announcement followed earlier comments Doe shared within the Shibarium Tech Telegram channel, signaling the intent behind the program. In that channel, he had similarly encouraged builders: “To all the fellow developers here, if you have been developing great products on Shibarium network and would like to be listed from our side, please let me know.”

Celebrating the Builders Behind the Billion Transactions

The motivation behind the Shibarium developer initiative was clearly linked to the network’s recent success. Elaborating on the Telegram channel, Doe had stated, “Since Shibarium hit 1 Billion transactions, we want to celebrate every dev and app who made it possible.”

This sentiment frames the new program not just as a promotional tool, but as a gesture of appreciation and acknowledgment for the developer community whose creations contributed to reaching the transaction milestone. By offering a platform for visibility on the official website, Shibarium aims to foster a more interconnected ecosystem through this program.

It allows users to more easily discover new applications built on the network, while simultaneously providing valuable exposure for development teams. This recognition can help projects attract users, build community, and potentially secure further support or investment.

This focus on showcasing active development sends a strong signal about Shibarium’s commitment to nurturing its ecosystem beyond just providing infrastructure. It highlights a strategy focused on cultivating a vibrant landscape of dApps and services, driven by a supported developer base acknowledged via the Shibarium developer initiative.

As the network continues to handle significant transaction volume, fostering the utility layer through such programs becomes increasingly important for sustained growth and user retention. The call for developers marks a proactive step in building out that utility.

The post Shibarium Developer Initiative Launched After 1B Transactions first appeared on The Shib Daily.

Shiba Inu Deflationary Mechanism Surges 1465%, Fuels Scarcity Narrative

Gushiken Yona — Wed, 09 Apr 2025 12:56:26 +0000

Shiba Inu deflationary mechanism kicks into high gear, registering a stunning four-digit percentage surge in token burns and reinforcing the crucial scarcity narrative among investors, even as broader market conditions remain uncertain.

The Shiba Inu community is actively working to reshape the token’s supply dynamics, evidenced by a dramatic recent spike in its burning activity. This intensified effort highlights the commitment to SHIB’s long-term tokenomic goals, providing a potentially bullish counterpoint to prevailing market volatility.

Recent data underscores the scale of this surge. According to the Shiba Inu burn data, the rate at which SHIB tokens were permanently removed from circulation skyrocketed by over 1465% within a 24-hour period earlier this week. This four-digit percentage jump translated into more than 34 million SHIB tokens being sent to dead wallets, effectively erasing them from the available supply forever.

Intensified Burning Highlights Shiba Inu Deflationary Mechanism

This heightened activity powerfully showcases the Shiba Inu deflationary mechanism in action. Token burning – the act of sending cryptocurrencies to an unusable address – is a deliberate strategy employed by the SHIB project and its community to reduce the token’s vast initial supply.

The underlying principle is simple: by making the asset scarcer over time, the value of the remaining tokens may potentially increase, assuming demand holds steady or grows. The recent near 1500% surge isn’t merely an anomaly driven by a single large event; it reflects a broader trend of active participation.

Data from Shib Torch, specifically tracking burns via the official portal, showed over 836 million SHIB burned this week alone, marking a 4% increase week-over-week. This demonstrates consistent, community-driven engagement with the Shiba Inu deflationary mechanism, working alongside any larger, periodic burns to chip away at the circulating supply.

credit: ShibTorch

Scarcity Narrative Strengthens Amid Market Conditions

This potent demonstration of the Shiba Inu deflationary mechanism comes at a time when SHIB’s price, along with the wider crypto market, faced significant headwinds. Short-term price movements are often heavily influenced by macroeconomic factors and overall market sentiment, which can temporarily overshadow ecosystem-specific developments like token burns.

However, for many holders and analysts focused on long-term potential, a rapidly accelerating burn rate is a fundamentally positive sign. It reinforces the narrative that SHIB is actively working towards greater scarcity, a key element many believe is necessary for substantial future price appreciation.

While the immediate impact on price might be muted by broader market forces, the four-digit surge in burning activity provides tangible evidence of the commitment to improving SHIB’s tokenomics. Market watchers often view a project’s burn rate as an indicator of community engagement and confidence in its long-term strategy.

The recent explosion in SHIB burning suggests these elements are currently strong. While analysts caution that market recovery is needed across the board, the vigorous activity surrounding the Shiba Inu deflationary mechanism adds a compelling layer to the token’s investment thesis, fueling optimism about its potential once market conditions stabilize.

The post Shiba Inu Deflationary Mechanism Surges 1465%, Fuels Scarcity Narrative first appeared on The Shib Daily.

Shiba Inu Whales Accumulate, Net Flow Surges Nearly 800%

Gushiken Yona — Wed, 09 Apr 2025 11:15:15 +0000

Shiba Inu whales are making waves in the market, with on-chain data revealing a near 800% surge in net flows. This dramatic uptick suggests large holders are positioning themselves for potential gains, despite a bearish market trend.

Shiba Inu Whales Signal Strong Accumulation

Despite the crypto market wallowing in the red, Shiba Inu whales made a move, showing startling revelations from on-chain data, pointing directly at decisive actions taken by large holders. Data intelligence firm IntoTheBlock reported a dramatic surge that has captured widespread attention: large holder net flows for Shiba Inu increased by an astounding 784.8%.

This metric specifically tracks the net difference between tokens moving into and out of wallets classified as belonging to large holders. Such a massive positive swing strongly implies that these major players, viewed collectively, acquired far more SHIB than they sold or moved elsewhere during the monitored period. It’s a powerful indicator often interpreted as active accumulation.

Increased Activity Confirmed Among Shiba Inu Whales

Further backing this claim, IntoTheBlock also data showed a 315.4% rise in large holder inflows—tokens moving directly into whale wallets. Both increases suggest that Shiba Inu whales are actively growing their positions, not just holding.

This kind of activity is often viewed by analysts as a sign of bullish sentiment. Whales, with their market insight and resources, are betting on future developments that could push SHIB’s value higher. Their large-scale accumulation could reflect a belief that SHIB is currently undervalued or that major news is imminent.

Market Dynamics: Whale Influence and Community Strength

Shiba Inu whales already control 58.48% of the circulating SHIB supply, according to CoinMarketCap analytics. This concentration of holdings gives them substantial influence over price movements. When they buy or sell in bulk, the market feels the impact, for better or worse.

credit: CoinMarketCap

But whales are not the only force driving Shiba Inu’s market. A large and committed retail community also plays a pivotal role. CoinMarketCap data shows that 76.88% of SHIB holders are long-term investors, having held their tokens for over a year. This loyalty adds stability to the ecosystem, balancing out the short-term volatility caused by whale movements.

The nearly 800% spike in whale net flows doesn’t guarantee a price surge, but it does suggest heightened market interest. As Shiba Inu whales continue to accumulate, the market will closely watch to see if their confidence translates into sustained upward momentum for SHIB.

The post Shiba Inu Whales Accumulate, Net Flow Surges Nearly 800% first appeared on The Shib Daily.

BONE Volume Skyrockets Over 150%, Igniting Interest Amid Price Dip

Gushiken Yona — Mon, 07 Apr 2025 12:02:00 +0000

Exploding BONE volume captures intense market focus, soaring over 150% in a dramatic display of trading intensity that ignites widespread interest even as the token experiences a significant price dip.

The market for Bone ShibaSwap (BONE), a key token in the Shiba Inu ecosystem, witnessed extraordinary activity in recent trading. While the token’s price faced downward pressure, the sheer amount of trading exploded, signaling a potentially pivotal moment of heightened engagement and speculation.

Data from CoinMarketCap highlighted this divergence. The 24-hour trading volume for BONE surged to nearly $11 million.

This wasn’t just a minor uptick but it represented a massive increase of over 152% compared to the preceding 24-hour period. Such a dramatic rise often points to a significant event or shift in market perception driving traders to actively buy and sell.

credit: CoinMarketCap

Derivatives Market Mirrors Massive BONE Volume Spike

The surge in activity wasn’t confined to traditional spot trading. Data from CoinGlass showed a parallel explosion in the BONE derivatives market.

Trading volume in BONE futures and other derivatives climbed by an even more startling 196%, hitting over $314,000 in 24 hours. While the dollar figures are smaller than the spot market, the percentage gain underscores a significant increase in speculative bets and hedging related to BONE’s future price.

This cross-market increase in Bone volume points to broad-based trader engagement.

Price Dip Contrasts with Trading Frenzy

This frenzy of trading activity occurred against a backdrop of significant price decline. CoinMarketCap figures showed BONE’s price dropping sharply by around 15% during the same 24-hour window, settling near $0.2345. Consequently, its market capitalization also fell by roughly 15% to approximately $53.9 million.

The derivatives market reflected this downward pressure as well. Open Interest – the value of all outstanding contracts – fell by about 21%, according to CoinGlass.

credit: CoinGlass

More tellingly, liquidations disproportionately hit traders betting on a price increase (longs). Around $738,000 in long positions were liquidated over 24 hours, compared to virtually no short liquidations.

This suggests the price drop caught many bullish speculators off guard. The 24-hour long/short ratio also tilted slightly bearish at 0.7313, implying more open capital was positioned for further declines.

Interpreting this conflicting data – massive Bone volume alongside a price drop and long liquidations – is complex. Some market watchers might see the volume as a sign of intense distribution or selling pressure.

Others might view it as a potential “shakeout,” where leveraged positions are cleared out during high volatility, potentially setting a cleaner base if underlying interest, indicated by the sheer volume, persists.

The post BONE Volume Skyrockets Over 150%, Igniting Interest Amid Price Dip first appeared on The Shib Daily.

Shiba Inu Price Forms Falling Wedge, Breakout Toward ATH Eyed

Gushiken Yona — Mon, 07 Apr 2025 11:31:54 +0000

Shiba Inu price coils tighter within a falling wedge pattern, stirring hopes of a breakout that could rewrite its all-time high. A new analysis points that the meme coin’s month-long squeeze signals quiet accumulation, a calm that may precede a storm.

Beneath the surface of recent market fluctuations, a technical formation is taking shape on the Shiba Inu charts that has caught the attention of traders. The pattern suggests a period of consolidation might be nearing an end, potentially setting the stage for a significant upward move for the popular cryptocurrency.

Crypto trader @army_shiba recently highlighted this development on the social media platform X. Analyzing the Shiba Inu price action on a monthly chart timeframe, the trader identified a classic technical pattern known as a falling wedge.

“$SHIB 1 Month chart clearly shows an accumulation in the falling wedge pattern,” the crypto trader stated, providing a chart visualization of the setup.

Understanding the Falling Wedge Impact on Shiba Inu Price

The falling wedge is a chart pattern recognized by technical analysts. It typically forms during a downtrend and is characterized by two converging trend lines sloping downwards. The upper line connects successive lower peaks in price, acting as resistance. The lower line connects lower troughs, forming support.

As the Shiba Inu price moves between these narrowing boundaries, trading activity often diminishes. This tightening range, depicted clearly on the trader’s shared chart with white trend lines boxing in the price candles, is interpreted by many analysts as a sign that selling pressure is waning. The bounces off the lower support line suggest buyers are stepping in, engaging in what @army_shiba referred to as “accumulation.”

This pattern is generally considered bullish because it implies the downtrend is losing momentum. The resolution typically anticipated is an upward breakout, where the price pushes decisively above the upper resistance trend line.

Chart Points to Accumulation Before Potential Surge

The chart shared by @army_shiba illustrates this concept vividly. Red and green candlesticks, representing monthly price movements, are contained within the wedge. A hand-drawn green line on the chart suggests a potential path forward: perhaps one more dip toward the lower support line before a powerful move upward, breaking through the upper resistance.

Furthermore, the chart includes a large white arrow projecting a significant upward target, pointing toward the 0.00010 USDT price level. This indicates the trader sees substantial upside potential for the Shiba Inu price if the pattern resolves bullishly. Reaching such a level from current prices (around 0.00001198 USDT on the chart) would mark a major rally.

Patience Advised While Eyeing New Shiba Inu Price Highs

Despite the bullish implications of the pattern, @army_shiba emphasized the need for patience. Technical patterns on long-term charts, like the monthly time frame analyzed here, can take considerable time to play out fully. The accumulation phase within the wedge might continue before enough buying pressure builds for a confirmed breakout.

credit: Shib Knight

“We’ll need some patience before it breaks out and reaches a new ATH,” the trader cautioned, referring to Shiba Inu’s all-time high price. This sentiment led to the advice for fellow investors: “Keep holding, keep stacking until then.”

While the falling wedge offers a hopeful technical outlook for the Shiba Inu price, it remains an indicator, not a guarantee. Confirmation requires a clear breakout above resistance, ideally supported by increased trading volume. Broader market conditions and external news events will also play a role in SHIB’s future trajectory.

The post Shiba Inu Price Forms Falling Wedge, Breakout Toward ATH Eyed first appeared on The Shib Daily.

Shiba Inu Price Could Surge 14x Amid Mixed Market Signals

Gushiken Yona — Fri, 04 Apr 2025 09:34:58 +0000

Shiba Inu stares down a dramatic forecast. One analyst now projects a potential 14-fold surge based on technical charts. Yet this bullish call directly confronts a complex market picture, featuring slight increases in the Shiba Inu price alongside recent indicators unfavorable to SHIB longs.

The forecast originated from an analyst using the handle @CryptooELITES on the social platform X on Thursday. The analyst shared a technical chart for the SHIB token paired against USDT.

They pointed to specific patterns interpreted as a “strong buy zone” and projected a price target implying a roughly 14-fold increase from recent levels. Technical analysis aims to predict future movements based on past price action and chart formations, but such forecasts are speculative.

Current Shiba Inu Price and Market Snapshot

This projection emerged as Shiba Inu navigated the market with relative quiet, showing stability rather than dramatic shifts. As of 4:56 a.m. ET, the token’s price was approximately $0.00001245, marking a slight 1.5% increase over the preceding 24 hours, according to CoinMarketCap data. While positive, this modest gain offered little immediate support for predictions of explosive growth.

The minor uptick pushed Shiba Inu’s total market capitalization to $7.34 billion, also up 1.5% on the day. This substantial market cap underscores SHIB’s significant presence within the cryptocurrency landscape, placing it well above many smaller projects despite its origins as a meme coin.

Trading volume over the same 24-hour period reached roughly $225 million. This level of activity indicates consistent engagement from traders, yet when paired with the small price change, it suggests a lack of strong buying or selling pressure needed to drive a major price move in either direction at that specific time.

Derivatives Market Adds Caution to Shiba Inu Price Outlook

While the analyst saw potential for a significant rally, data from the derivatives market suggested recent headwinds for bullish traders. Figures from Coinglass on Friday showed that 24-hour trading volume in SHIB derivatives contracts had fallen sharply, down almost 27 percent to about $147.6 million.

Conversely, open interest—the value in active contracts—ticked up slightly by 1.77 percent to $115.4 million. Further metrics pointed towards recent struggles for those betting on a price rise.

The overall long/short ratio was 0.95, indicating slightly more capital positioned short. More significantly, liquidations disproportionately hit long positions. Over the 24 hours leading up to Friday, Coinglass data showed roughly $210,000 in longs were liquidated compared to only about $50,000 in shorts. This pattern often indicates that recent price movements have worked against optimistic traders.

The contrast between the analyst’s technical forecast and the derivatives data underscores the often-complex dynamics influencing cryptocurrency prices. Market conditions for assets like Shiba Inu remain fluid and subject to various factors.

The post Shiba Inu Price Could Surge 14x Amid Mixed Market Signals first appeared on The Shib Daily.

Shib.io Levels Up with New Feature to Boost Experience

Gushiken Yona — Thu, 03 Apr 2025 09:39:06 +0000

Shib.io supercharges SHIB experience with its sleekest update yet—cutting clicks, boosting speed, and making DeFi smoother than ever.

Streamlining Navigation on Shib.io

The introduction of the “Quick Menu” addresses the growing complexity of the Shiba Inu universe accessible through shib.io. As the ecosystem expands with projects like the Shibarium layer-2 network, the ShibaSwap decentralized exchange and new tokens such as TREAT, navigating the official website to find specific tools or information could become time-consuming.

Shib.io serves as the central repository for official announcements, development updates, community resources, and interactive tools. The Quick Menu acts as a persistent navigational aid, likely appearing as a sidebar or easily accessible toolbar. Its core purpose is to cut down the number of clicks required to reach essential destinations or initiate key actions within the platform, making the overall experience on shib.io feel more fluid.

Core Ecosystem Tools Accessible via Quick Menu

This new feature isn’t just about finding information but about taking action. The Quick Menu provides direct links to several high-utility functions vital to interacting with the Shiba Inu ecosystem. Users visiting shib.io can now instantly access options to:

Swap and Bridge Tokens: This likely integrates with ShibaSwap or similar protocols, allowing for rapid trading or asset transfers directly initiated from the main site.
Buy BONE in USD / Buy SHIB in USD: These functions provide direct fiat on-ramps, simplifying the process for users looking to purchase core ecosystem tokens without leaving shib.io.
Build on Shibarium: A clear call-to-action for developers, linking them to resources for utilizing the layer-2 network, highlighting its speed, low cost, and growing transaction volume.
Advertise/Partner with Us: A direct channel for businesses or projects seeking collaboration or promotional opportunities within the Shiba Inu community via shib.io.
Buy Shib Names: Access to the service offering personalized digital identifiers within the ecosystem.
Contact Us: Standard pathway for support and partnership inquiries.
Report a scam: An important safety feature enabling users to flag potentially malicious sites or projects directly through shib.io.

By consolidating these diverse functions—spanning financial transactions, developer engagement, commercial partnerships, and community safety—the Quick Menu aims to make shib.io a more powerful and user-friendly hub. It reflects an understanding that users have different needs and seek immediate access points for common tasks.

For the growing Shiba Inu community, this means faster trades, seamless onboarding, and fewer headaches navigating the ecosystem.

The Quick Menu feature is now fully deployed and active across the Shiba Inu official website. User feedback and interaction data will likely play a role in its future evolution, ensuring it continues to effectively serve the needs of the diverse Shiba Inu community accessing the platform.

The post Shib.io Levels Up with New Feature to Boost Experience first appeared on The Shib Daily.

Shiba Inu Gears Up for Takeoff: Key Breakout Levels in Sight

Gushiken Yona — Fri, 28 Mar 2025 12:38:51 +0000

Shiba Inu is coiling like a spring, primed for its next explosive move. Analysts say the dog-themed meme coin is flirting with a breakout, testing key resistance levels that could ignite a fresh rally. Will SHIB bulls seize control and send prices soaring, or is a sharp pullback lurking in the shadows?

Shiba Inu Price Analysis: Bullish Outlook

Crypto analyst CryptoWizard101 has been closely monitoring Shiba Inu’s price action, and their analysis suggests a potential bullish breakout is on the horizon.

“Shiba Inu price hit our target of 0.000015 before pulling back to the 0.000014 level,” CryptoWizard101 noted. “It seems to be preparing for another rally. If the overall market turns bullish, it could help propel the price to 0.000017.”

This suggests that if Bitcoin and the broader cryptocurrency market experience positive momentum, SHIB could be poised to break through the 0.000017 resistance level.

credit: cryptowizard101

Supply Zone Resistance: Analyst Warns of Potential Shiba Inu Pullback

However, another crypto analyst, Marcus Corvinus, cautioned that SHIB faces significant resistance in the form of a “Supply Zone.” This area, ranging from 0.00001530 to 0.00001650, could present a challenge for SHIB bulls.

“$SHIB has broken out, but the battle isn’t over!” the analyst stated. “After a strong breakout from a Descending Broadening Wedge, SHIB is now wrestling with a critical Supply Zone (0.00001530 – 0.00001650). Rejection here could trigger a deeper pullback—watch 0.00001181 for a bounce or a liquidity sweep at 0.00001081!”

This means that if Shiba Inu fails to break through this supply zone, it could experience a significant price correction. The analyst identified 0.00001181 as a potential bounce level, and 0.00001081 as a level where a “liquidity sweep” (a rapid price decline designed to trigger stop-loss orders) could occur.

credit: Marcus Corvinus

SHIB Breakout Scenario: A Violent Squeeze Towards 0.000019?

Despite the potential for a pullback, the analyst also outlines a bullish scenario. If SHIB can successfully break through the 0.00001711 resistance level, it could trigger a rapid price increase.

“But if bulls smash through 0.00001711, the squeeze toward 0.00001900 could be violent,” the analyst stated. This “squeeze” refers to a situation where short sellers (investors betting on the price to go down) are forced to cover their positions, driving the price even higher.

Trading Strategy: Key SHIB Levels to Watch

The technical analysis suggests that Shiba Inu is at a critical juncture. Traders should closely monitor the following levels:

Resistance 1: 0.00001530 – 0.00001650 (Supply Zone – potential for rejection)
Resistance 2: 0.00001711 (Key Breakout Level – potential for a rally to 0.000019)
Support 1: 0.00001181 (Potential Bounce Level)
Support 2: 0.00001081 (Potential Liquidity Sweep Level)

Despite ongoing market volatility, Shiba Inu has held its ground this week. CoinMarketCap data shows SHIB trading at $0.00001320 as of 7:31 a.m. ET on Friday, up 4.71% over the past seven days, with a 24-hour trading volume of $257.73 million.

The post Shiba Inu Gears Up for Takeoff: Key Breakout Levels in Sight first appeared on The Shib Daily.

Shiba Inu Breaks Out: 415% Surge Eyed As Strength Returns

Gushiken Yona — Thu, 27 Mar 2025 11:03:58 +0000

Shiba Inu is flashing strength after a decisive breakout, and a crypto analyst believes it could skyrocket by 415%. As SHIB holds its ground above key resistance, signs of renewed momentum hint at an explosive rally ahead.

The bullish prediction came from crypto analyst Javon Marks (@JavonTM1 on X), who recently shared his technical perspective on the social media platform X. Marks highlighted a crucial development in Shiba Inu’s price chart: the token has decisively moved above, and subsequently held, levels that previously acted as significant resistance.

Analyst Points to Key Shiba Inu Breakout

According to Marks’ analysis, the significance of SHIB trading above its former resistance cannot be overstated. In technical trading, when an asset breaks through a price ceiling and manages to stay above it, that previous ceiling often transforms into a new supportive floor.

This suggests a fundamental shift in market dynamics, potentially indicating that sellers have exhausted their pressure at those levels and buyers are now establishing control. Marks emphasized that SHIB remains “well broken out,” indicating this structural shift persists.

“Signs of Strength” Emerge for Shiba Inu Price

Building on the foundation of the breakout, Marks observed what he termed returning “signs of strength” within SHIB’s price action. While the initial explosive move following the breakout might have cooled, these new signals suggest the underlying bullish momentum is not extinguished but rather gathering steam for a potential second act.

credit: @JavonTM1

“SHIB (Shiba Inu)’s prices are starting to return with signs of strength here,” Marks noted, adding the crucial context that this is happening while the token “remains well broken out.”

These emerging signs could encompass various technical indicators – perhaps stabilizing price action above the breakout point, an uptick in buying volume relative to selling pressure, or positive turns in momentum oscillators. Marks interpreted this combination – holding the breakout while strength rebuilds – as a highly constructive setup, implying that the initial move might just be the precursor to something much larger. “…meaning that this strength can pick up massively!” he stated.

Analyst Forecasts Massive 415% SHIB Rally

This confluence of a confirmed breakout and nascent strength led Marks to reiterate a bold price projection for Shiba Inu. “With prices still broken out, $0.000081 remains as the target,” he declared.

Achieving this ambitious target would necessitate a significant surge from SHIB’s current trading range, representing, by Marks’ calculation, “an over 415% run.” This forecast paints a picture of substantial upside potential, predicated on the continuation of the positive technical structure.

It is crucial, however, to frame such technical projections within the broader market context. Technical analysis, while a valuable tool for identifying potential trends and price levels based on historical data, deals in probabilities, not certainties.

The path to $0.000081, should it materialize, is unlikely to be a straight line. Cryptocurrency markets are notoriously volatile, swayed by macroeconomic factors, regulatory shifts, evolving narratives, and unpredictable shifts in overall investor sentiment.

Nonetheless, for traders guided by technical patterns and for the dedicated “ShibArmy” looking for positive reinforcement, Marks’ analysis offers a compelling roadmap. It suggests that Shiba Inu’s recent price behavior is potentially laying the groundwork for a significant upward move, transforming a successful breakout into the launchpad for a potentially explosive rally.

The post Shiba Inu Breaks Out: 415% Surge Eyed As Strength Returns first appeared on The Shib Daily.

Shiba Inu Approaches Key Breakout as Derivatives Surge 165%

Gushiken Yona — Wed, 26 Mar 2025 11:51:09 +0000

Shiba Inu (SHIB) could be poised for a significant rally, according to a technical analysis shared by a crypto analyst, who projects a potential 12-fold increase based on emerging chart patterns, while recent derivatives data shows a massive spike in trading activity.

The heightened market activity comes as technical analysts observe potentially bullish formations on Shiba Inu’s long-term price chart. One analyst, operating under the X handle Crypto Elites, recently highlighted a pattern suggesting significant upside potential, projecting a possible 12-fold increase for the popular meme-inspired token.

Crypto Elites’ analysis points to a structure resembling a “W-bottom” or inverse head and shoulders pattern forming on the SHIB/USDT chart since mid-2022. This pattern is often interpreted by technical analysts as a sign of potential trend reversal, indicating that the price may have found a solid base after a prolonged downturn.

Shiba Inu Technical Analysis Points to Key Resistance Breakout

Central to this bullish outlook is a descending trendline connecting previous major price peaks, which has historically acted as significant resistance. Crypto Elites’ chart projects SHIB decisively breaking above this crucial level, a move often seen as a trigger for further upward momentum.

Following this anticipated breakout, the analyst identifies two key price targets based on Fibonacci extension levels: the first near the previous high around $0.000085171, and a more ambitious target near $0.000183312. Achieving this upper target would represent the substantial 12X gain forecasted by the analyst.

Shiba Inu Derivatives Volume Explodes, Open Interest Climbs

Mirroring the anticipation seen in technical charts, the SHIB derivatives market is experiencing a dramatic surge in activity. Data from Coinglass shows trading volume for SHIB futures and perpetual contracts has skyrocketed by over 165% in the last 24 hours, exceeding $326 million.

Simultaneously, Open Interest – the total value locked in active derivatives contracts – has jumped nearly 32% to approximately $169 million. This significant increase in both volume and open interest underscores heightened trader engagement and suggests substantial capital is being positioned around SHIB’s potential price movement.

Liquidation Data Hints at Recent Short Squeeze Pressure

While the overall 24-hour long/short ratio remains relatively balanced near 1.01, recent liquidation data provides further context. Nearly $1 million in leveraged SHIB positions were liquidated in the past day, with the vast majority (over $840,000) belonging to short sellers betting on a price decrease.

Such significant short liquidations can indicate that recent upward price movements have forced bearish traders out of their positions, sometimes contributing to a “short squeeze” effect that can temporarily accelerate rallies. However, it’s important to note that derivatives data reflects leveraged speculation and can change rapidly.

The post Shiba Inu Approaches Key Breakout as Derivatives Surge 165% first appeared on The Shib Daily.

ShibaSwap Outpaces Major DEXs with 228% Volume Growth

Gushiken Yona — Tue, 25 Mar 2025 18:07:18 +0000

ShibaSwap, the decentralized exchange (DEX) at the heart of the Shiba Inu ecosystem, has experienced a remarkable surge in trading volume over the past 30 days, outpacing many established DEXs and signaling growing adoption of the platform.

ShibaSwap Explosive 30-Day Trading Volume Growth

Data from CryptoDiffer, compiled from DefiLlama, reveals that ShibaSwap’s trading volume increased by a staggering 228% between late February and March 25, 2024. This impressive growth places ShibaSwap fifth on CryptoDiffer’s list of “Top DEXs by trading volume growth in the last 30 days,” putting it ahead of several well-known platforms.

credit: cryptodiffer

Understanding ShibaSwap DEX Performance

This surge in trading volume is a significant indicator of ShibaSwap’s increasing popularity and utility within the decentralized finance (DeFi) space. As a DEX, ShibaSwap allows users to trade cryptocurrencies directly with each other, without relying on centralized intermediaries.

The 228% growth suggests that more users are actively utilizing ShibaSwap for their trading needs, likely driven by factors such as new token listings, increased awareness of the Shiba Inu ecosystem, and the ongoing development of Shibarium, the project’s Layer-2 scaling solution.

Contextualizing Growth: Beyond Absolute Volume

While ShibaSwap’s 30-day trading volume of $19.8 million is smaller than that of some of the largest DEXs in the industry, the growth rate is the key takeaway. This rapid expansion indicates that ShibaSwap is gaining traction and attracting a growing user base.

ShibaSwap’s Key Metrics: TVL, Volume, Fees, and Pools

Supporting this growth narrative, recent data from ShibaSwap itself reveals a healthy and active platform. The Total Value Locked (TVL) on ShibaSwap currently stands at $66,975,044.34, indicating significant user participation and confidence in the platform’s DeFi offerings.

In the past 24 hours, ShibaSwap processed $356,125.96 in trading volume and over the past seven days, the platform generated $24,247.64 USD in fees. With a diverse ecosystem of 1097 Shib Pools, users have ample opportunities to provide liquidity and earn rewards.

ShibaSwap’s recent surge in trading volume, coupled with its healthy TVL and active community, positions it as a rising force in the competitive DEX landscape. The platform’s strong growth, combined with the ongoing development of Shibarium and the expansion of the Shiba Inu ecosystem, suggests a promising future. As more users discover the benefits of decentralized trading and the Shiba Inu ecosystem continues to evolve, ShibaSwap is well-positioned to continue its upward trajectory.

The post ShibaSwap Outpaces Major DEXs with 228% Volume Growth first appeared on The Shib Daily.

Shiba Inu Reserves Plummet as Whale Transactions Surge—Why?

Gushiken Yona — Tue, 25 Mar 2025 16:30:34 +0000

The on-chain landscape of Shiba Inu is shifting fast—exchange reserves are drying up, and whales are making big moves. As billions of SHIB vanish from trading platforms and high-value transactions surge, traders are left questioning: accumulation or a looming sell-off?

Typically, a dwindling exchange reserve is viewed as a bullish indicator. With fewer tokens readily available for sale, a potential supply crunch could push prices higher—provided demand remains strong. However, another key metric introduces uncertainty into this equation.

Shiba Inu Exchange Reserves Decline—A Bullish or Bearish Signal?

Data from on-chain analytics firm CryptoQuant reveals a sustained decrease in the amount of SHIB held on major cryptocurrency exchanges. The “Exchange Reserve USD” chart, which tracks the total US dollar value of SHIB on these platforms, shows a clear downward trend, particularly since mid-2023.

This decline suggests that investors are increasingly withdrawing their SHIB from exchanges, potentially moving them to private wallets for long-term holding, staking, or use in decentralized finance (DeFi) protocols. A lower exchange reserve can often indicate a supply squeeze, potentially leading to price appreciation if demand remains steady or increases.

credit: CryptoQuant

However, while a dwindling exchange reserve is often considered bullish, it’s essential to assess whale activity and transaction patterns to understand the full picture.

Historically, a decreasing exchange reserve has often been considered a bullish indicator for cryptocurrencies. A lower supply of tokens readily available on exchanges can create upward pressure on price, assuming demand remains constant or increases. This is because fewer coins are available for immediate sale, potentially creating a “supply shock” if buying interest rises.

Whale Transactions Surge—What It Means for Shiba Inu

While the declining exchange reserve paints a potentially optimistic picture, another key metric from IntoTheBlock adds a layer of complexity.

credit: IntoTheBlock

IntoTheBlock’s “Large Transactions Volume” data, which tracks transactions exceeding $100,000 in value (a proxy for whale activity), shows a significant spike earlier this week. On March 20, the volume of large SHIB transactions reached a 7-day high of $97.08 million (7.49 trillion SHIB).

credit: IntoTheBlock

This surge in whale transactions raises a critical question: Are whales accumulating SHIB, or is this a sign of impending sell pressure? The answer could determine the next major move for SHIB’s price.

Price Action

Shiba Inu (SHIB) continued its upward momentum on Tuesday, reaching $0.00001365 by 11:21 a.m. ET. Trading volume surged 22.41% to $202.04 million in the past 24 hours, reflecting increased investor activity.

credit: CoinMarketCap

The token posted a 1.32% daily gain and a substantial 10.23% increase over the last seven days. According to data from CoinMarketCap, SHIB’s circulating supply stands at 589.25 trillion tokens, with its market capitalization rising 1.33% to $8.04 billion.

The post Shiba Inu Reserves Plummet as Whale Transactions Surge—Why? first appeared on The Shib Daily.

BONE Surges as Bullish Breakout Signals More Upside

Gushiken Yona — Mon, 24 Mar 2025 09:24:00 +0000

BONE ShibaSwap breaks out of consolidation, surging past key resistance levels as trading volume rises. The governance and gas token of the Shiba Inu ecosystem is gaining momentum, with technical indicators pointing to sustained strength.

Technical Analysis: BONE’s Decisive Breakout

The TradingView chart (daily timeframe) for BONE/USDT reveals a compelling technical setup. After a prolonged period of consolidation, characterized by relatively low volatility and sideways price action, BONE has decisively broken above the upper Bollinger Band. This breakout is a significant bullish signal, often indicating the start of a new uptrend.

Bollinger Band Breakout: The price surge has pushed BONE well above the upper Bollinger Band (currently around $0.1447), signifying strong buying pressure and a departure from the previous consolidation phase. The middle band, or the 20-day simple moving average is located at 0.2597, and it is significantly below the last price.

credit: CoinMarketCap

RSI (Relative Strength Index): The RSI, at 68.19, is approaching overbought territory (typically above 70). While this could suggest a potential short-term pullback or consolidation, it also confirms the strength of the recent upward momentum. The RSI moving average is also pointing upwards, further supporting the bullish trend.

credit: CoinMarketCap

Bullish Scenario: If BONE maintains momentum above the upper Bollinger Band and the RSI continues to rise (without becoming excessively overbought), a test of previous resistance levels is likely. The next significant resistance area appears to be around $0.60, based on the price action from late 2024. A sustained break above this level could pave the way for further gains, potentially targeting the 0.80−0.80−1.00 range.

Consolidation Phase: Considering the rapid price increase, a period of consolidation or a minor pullback is a healthy and realistic possibility. The area around the previous upper Bollinger Band (now acting as potential support), currently around $0.37, and the 20-day Simple Moving Average (SMA) at approximately $0.2597, could serve as support zones during such a phase.

Bearish Reversal: While less likely given the current technical picture, a sharp reversal below the 20-day SMA, coupled with a declining RSI and decreasing volume, would be a bearish signal, potentially invalidating the breakout.

CoinPedia Markets Recognizes BONE

In an X post made over the weekend, CoinPedia Markets (@MarketCoinpedia) included BONE in its “Top 10 Altcoins Watchlist for the Next Week,” citing a price of $0.7324.

credit: Coinpedia Markets

While the current price is lower, this recognition from a prominent crypto analysis source highlights BONE’s growing visibility and potential. This external validation can attract new investors and further fuel the positive momentum.

BONE Price Action

As of Monday morning (Eastern Time), BONE is trading at $0.3696, boasting a 1.51% increase in the past 24 hours and a remarkable 59.07% surge over the past seven days. This impressive weekly performance highlights a strong resurgence of interest in the token. The 24-hour trading volume stands at $9.08 million, indicating healthy market activity. BONE’s market capitalization has also risen, currently sitting at $85.49 million, up 2.02%, based on the data from CoinMarketCap. The circulating supply is 229.92 million BONE.

The post BONE Surges as Bullish Breakout Signals More Upside first appeared on The Shib Daily.

Shiba Inu Signals Breakout as Key Metric Turns Bullish

Gushiken Yona — Mon, 24 Mar 2025 08:27:04 +0000

Shiba Inu (SHIB) tightens its grip on the charts, flashing a bullish signal that traders can’t ignore. As volatility coils and a key metric hints at an imminent breakout, the stage is set for SHIB to make its next big move. But, will the market bite?

Shiba Inu (SHIB), the vibrant community-driven cryptocurrency that captured the attention of the crypto world, is currently demonstrating resilience and potential for future growth. While ranked within the top 20 crypto assets by market capitalization, SHIB’s current price, belies the intriguing technical setup unfolding on its daily chart.

The TradingView chart reveals a fascinating story. After a period of healthy consolidation following a remarkable early 2024 surge, SHIB is now interacting with its Bollinger Bands in a way that could signal an exciting opportunity for investors.

Shiba Inu Bollinger Band Squeeze: A Coiled Spring?

The Bollinger Bands, a powerful indicator of volatility, are currently exhibiting a classic “squeeze.” This narrowing of the bands, reflecting a period of reduced price fluctuation, often precedes a significant price expansion. For savvy investors, this squeeze represents a potential window of opportunity.

SHIB is currently testing the lower Bollinger Band, situated around $0.00001165. This level is acting as a crucial support.

credit: CoinMarketCap

A successful hold above this support, coupled with the current squeeze, could be the launchpad for a significant upward move. The middle Bollinger Band (the 20-day Simple Moving Average) at approximately $0.00001267, and further the Upper bollinger band at (0.00001370) presents the next logical targets for a potential breakout.

Underlying Strength and Shib Army Support

While the Relative Strength Index (RSI) at 46.84 indicates a neutral stance, it’s important to note that this doesn’t reflect the underlying strength of the SHIB community. The dedicated SHIB Army has consistently demonstrated its commitment to the project, providing a strong foundation for long-term growth. Subdued volume at this time can be seen as the market taking a breath before its next potential major move. The last price is slightly over the 20 day simple moving average.

credit: CoinMarketCap

Key Levels and Potential Upside

Strong Support: Lower Bollinger Band ($0.00001165) – A potential buying opportunity.
First Target: 20-day SMA / Middle Bollinger Band ($0.00001267) – A realistic short-term goal.
Second Target: Upper Bollinger band (0.0001370)

Shiba Inu Price Action

Shiba Inu (SHIB) currently trades at $0.00001306, reflecting a 1.39% daily increase and a market capitalization of $7.69 billion, closely aligned with its Fully Diluted Valuation (FDV) of $7.7 billion, based on the data from CoinMarketCap. This indicates that the vast majority of its immense total and max supply (approaching 600 trillion SHIB) is already circulating (589.25T SHIB), a common trait of meme coins designed for small fractional unit values, which mitigates significant future dilution risks.

credit: CoinMarketCap

The 24-hour trading volume of $128.7 million, up by 21.74%, coupled with the price increase, suggests growing buying pressure and positive market sentiment. While a Volume/Market Cap ratio (which would be slightly above 1.65% based on these numbers) is still relatively moderate, the increased trading activity lends credence to a potential shift towards a more bullish outlook, placing SHIB in a position where a catalyst could trigger a more decisive directional move, the stability of the circulating and total supply provide some stability in tokenomics.

The post Shiba Inu Signals Breakout as Key Metric Turns Bullish first appeared on The Shib Daily.

BONE Skyrockets: Price Surges as Trading Volume Soars 392%

Gushiken Yona — Fri, 21 Mar 2025 09:50:46 +0000

Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem’s decentralized exchange and the gas fee token of Shibarium, is experiencing a dramatic price surge today, fueled by an explosion in trading volume that underscores a sudden and intense burst of investor interest.

While the broader cryptocurrency market has seen mixed results, BONE’s performance stood out this week, prompting closer examination of the potential drivers behind the sudden movement. On Thursday, Bone ShibaSwap recorded a 60.05% price surge to $0.3797.

Bone ShibaSwap: Key Metrics and Trading Activity

A particularly telling indicator of the intensity of the current market activity is BONE’s 24-hour volume-to-market capitalization ratio, which has soared to 31.35%. This high ratio signifies that a substantial portion of BONE’s market cap has changed hands within a single day, suggesting a heightened level of speculative interest or a significant shift in market sentiment.

While a high volume-to-market cap ratio can indicate increased interest, it also carries inherent risks. Such rapid shifts in trading activity can lead to increased price volatility, making it crucial for investors to exercise caution and conduct thorough research.

Trading volume for Bone ShibaSwap (BONE) exploded over the past 24 hours, surging 392.49% to $20.9 million, according to CoinMarketCap data as of 4:55 a.m. ET on Friday. This dramatic increase in activity coincided with a 22.91% jump in BONE’s market capitalization, reaching $66.13 million.

BONE/USDT Chart: Technical Indicators and Bullish Signals

Technical analysis of the BONE/USDT daily chart reveals potentially bullish signals, although these should be interpreted with caution in the volatile cryptocurrency market. The provided charts show a significant upward price movement, breaking out of a period of relative stability.

The Relative Strength Index (RSI), a momentum oscillator, has risen sharply. The Moving Average Convergence Divergence (MACD), another momentum indicator, displays a bullish crossover, with the MACD line crossing above the signal line. These indicators individually and collectively can be signs of bullish movement.

credit: CoinMarketCap

It is paramount to emphasize that the cryptocurrency market, particularly for smaller-capitalization tokens like BONE, is inherently volatile. While the current price surge and technical indicators may appear bullish, there is no guarantee of continued upward movement.

Investors should conduct thorough due diligence, considering their own risk tolerance and financial situation, before making any investment decisions. Past performance is not indicative of future results, and the value of BONE, like all cryptocurrencies, can fluctuate dramatically. This is not financial advice.

BONE plays a crucial role within the expanding Shiba Inu ecosystem. It serves as the governance token for ShibaSwap, the ecosystem’s decentralized exchange (DEX), allowing holders to vote on proposals and influence the platform’s future. Furthermore, with the launch of Shibarium, BONE’s utility has expanded to include its role as the gas fee token for the network.

The post BONE Skyrockets: Price Surges as Trading Volume Soars 392% first appeared on The Shib Daily.

Shiba Inu Eyes Breakout: Falling Wedge Pattern Hints at Strong Rally

Gushiken Yona — Fri, 21 Mar 2025 08:14:40 +0000

A classic bullish signal is flashing for Shiba Inu, as the cryptocurrency’s price action forms a falling wedge pattern on the daily chart, hinting at a potential breakout from its recent downtrend.

Analyst Identifies Bullish Chart Pattern for Shiba Inu, Predicts Breakout

Cryptocurrency analyst who uses the handle @ZAYKCharts, posted on X the falling wedge pattern. They said, “$SHIB is breaking out of a falling wedge on the 1D timeframe. Anticipating a strong bullish move.”

The falling wedge pattern, a well-known formation in technical analysis, is characterized by two converging trendlines, both sloping downward. The upper trendline typically has a steeper angle than the lower, creating a wedge-like shape. This pattern often indicates a period of consolidation following a downtrend, with selling pressure gradually diminishing.

credit: ZAYK Charts

A breakout above the upper trendline of the falling wedge is generally considered a bullish signal, suggesting that buyers have overcome sellers and a new uptrend may be beginning. The chart shared by @ZAYKCharts, showing the SHIB/USDT pairing on a daily timeframe, clearly displays the falling wedge formation. The price of Shiba Inu has been trending downward since approximately November 2024, contained within the converging trendlines.

Shiba Inu Ecosystem: Beyond the Chart Pattern

While the falling wedge pattern provides a technical basis for potential price appreciation, it’s important to consider the broader context of the Shiba Inu ecosystem. Fundamental factors, such as developments within the project and overall market sentiment, can also significantly influence price movements.

Shiba Inu is actively transforming itself from a meme coin phenomenon into a comprehensive blockchain ecosystem. Key initiatives include Shibarium, a Layer 2 scaling solution that dramatically reduces transaction fees and enhances scalability, and the recently unveiled Shib OS, an operating system designed to bridge the gap between traditional web2 applications and the decentralized web3 world.

Shiba Inu Price Action

As of 3:32 a.m. ET on Friday, Shiba Inu was trading at $0.00001284, with a 24-hour trading volume of $146.31 million. While SHIB saw a marginal 0.04% increase on the day, it has outperformed many other cryptocurrencies over the past week, rising 2.65%.

credit: CoinMarketCap

This modest weekly gain comes amidst a volatile period for the broader cryptocurrency market. CoinMarketCap data indicates a circulating supply of 589.25 trillion SHIB, resulting in a market capitalization of approximately $7.56 billion, also up marginally by 0.04%.

The post Shiba Inu Eyes Breakout: Falling Wedge Pattern Hints at Strong Rally first appeared on The Shib Daily.

SHIB Shows Bullish Technical Setup, Analyst Cites 7x Growth Potential

Gushiken Yona — Thu, 20 Mar 2025 08:59:21 +0000

A striking pattern is emerging on the Shiba Inu (SHIB) chart, fueling speculation of a significant price rally. One analyst, citing a bullish technical setup, points to the potential for a 7x increase in value.

SHIB Triangle Breakout and Double Bottom

The analysis, published on TradingView by user “Crypto Tagon,” focuses on the SHIB/USD pairing on the weekly chart. A dominant feature of this chart is a large, multi-year triangle pattern, spanning approximately 3.5 years.

Shiba Inu is currently testing and seemingly rebounding from the lower boundary of this triangle. This test of support coincides with what Crypto Tagon identifies as a “Double Bottom” formation, with the recent low matching a previous low established on August 5, 2024. In technical analysis, both the triangle pattern and the Double Bottom are often considered bullish indicators, suggesting a potential reversal of a downtrend.

credit: TradingView

RSI Signals Echo Previous SHIB Price Surge

Beyond the price chart patterns, Crypto Tagon points to the 1-week Relative Strength Index (RSI), a momentum oscillator, as further evidence of a potential bullish move. “The 1week RSI is on a similar sequence as February-May 2023, which eventually rose aggressively by +661.50%,” the analyst observed.

This prior period was followed by a significant price increase in SHIB, exceeding 660%. While past performance is not indicative of future results, the similarity in RSI patterns adds another layer to the bullish argument.

Analyst’s Price Target: A Potential 7x Increase for Shiba Inu

Based on this confluence of technical indicators – the long-term triangle support, the Double Bottom formation, and the RSI sequence – Crypto Tagon presents a bullish outlook for Shiba Inu. The analyst’s price target for SHIB is $0.00008450, a substantial increase from its current trading range. This target, if reached, would represent an approximate 7x increase from the price levels observed at the time of the analysis.

SHIB chart, CoinMarketCap

Shiba Inu (SHIB) traded at $0.00001282 early Thursday, reflecting a 1.73% gain on the day and a more substantial 5.03% increase over the past week. This positive price action, as of 4:09 a.m. ET, coincided with a 46.38% spike in 24-hour trading volume, reaching $196.1 million. The disproportionate increase in volume compared to price suggests a potential accumulation phase, where buyers are entering the market without yet triggering a major price breakout. Data from CoinMarketCap indicates a circulating supply of 589.25 trillion SHIB, contributing to a market capitalization of $7.54 billion.

The post SHIB Shows Bullish Technical Setup, Analyst Cites 7x Growth Potential first appeared on The Shib Daily.

104T SHIB Sit in Profit as Shiba Inu Hits 1.5M Holders

Gushiken Yona — Wed, 19 Mar 2025 13:33:16 +0000

The Shib Army is growing. Shiba Inu, the meme-born powerhouse just shattered a new milestone, surpassing 1.5 million holders, a testament to its unwavering community. Meanwhile, 104 trillion SHIB sit comfortably in profit, proving that beyond the memes and moonshot dreams, real value is taking shape.

As Shiba Inu continues to evolve, these numbers tell a bigger story—one of resilience, expansion, and increasing relevance in the crypto space. While skeptics once dismissed SHIB as just another speculative frenzy, its ability to maintain a massive holder base suggests something far more enduring.

What 1.5 Million Holders Mean for Shiba Inu

Data from Etherscan shows that Shiba Inu’s holder count has grown by 0.08%, reaching approximately 1,500,787 holders. This milestone comes despite the recent downturn in the broader crypto market, highlighting the token’s resilience and sustained community interest.

Hitting 1.5 million holders isn’t just a vanity metric but a massive signal of trust, adoption and long-term belief in the ecosystem. Unlike other meme coins that flash in and out of existence, Shiba Inu has cultivated a dedicated and growing community that actively participates in governance, development, and ecosystem expansion.

credit: Etherscan

A larger holder base often correlates with stronger network effects—more users mean greater demand for SHIB-related services, increased liquidity and a more robust decentralized economy.

104 Trillion SHIB in Profit: A Testament to Market Strength

According to data from data science firm IntoTheBlock, 104 trillion SHIB—worth approximately $1.34 billion—are currently in profit, meaning these tokens were acquired at a lower price than their current market value. This data highlights a critical shift: while some still view SHIB as a speculative asset, many holders are sitting on real gains.

Here’s a breakdown of the current Shiba Inu market dynamics:

In Profit (In the Money): 104.69T SHIB ($1.34B) → 10.63% of total supply
At Break-Even (At the Money): 34.93T SHIB ($445.5M) → 3.55% of total supply
At a Loss (Out of the Money): 845.03T SHIB ($10.78B) → 85.82% of total supply

credit: IntoTheBlock

While the majority of SHIB holdings remain out of the money (85.82%), the 104 trillion SHIB currently in profit underscores market resilience and the token’s ability to weather volatility. In an industry where countless projects fade into irrelevance, Shiba Inu’s ability to sustain profitability for a significant portion of its holders reflects its staying power.

Moreover, the large percentage of SHIB held at a loss highlights the unwavering commitment of the Shib Army, a community known for its diamond hands—investors who hold through market cycles with long-term conviction.

Shiba Inu Price Action: A Glimpse into Market Sentiment

As of 8:41 a.m. ET on Wednesday, Shiba Inu was trading at $0.00001272, reflecting a 2% daily increase. This uptick comes amid fluctuating market conditions, signaling resilience despite broader volatility. 24-hour trading volume stood at $140.6 million, indicating steady investor activity and liquidity.

According to data from CoinMarketCap, Shiba Inu’s circulating supply remains at 589.25 trillion SHIB, while its market capitalization has climbed 2% to $7.49 billion. This upward movement suggests that despite macroeconomic headwinds, SHIB continues to attract both retail and institutional interest, reinforcing its position as a leading digital asset in the meme coin space.

credit: CoinMarketCap

Investor sentiment also leans strongly bullish, with 88% of 230.9K votes on CoinMarketCap expressing confidence in SHIB’s trajectory, compared to 12% bearish sentiment. This overwhelming optimism highlights the enduring enthusiasm of the Shib Army, even amid broader market uncertainties.

The post 104T SHIB Sit in Profit as Shiba Inu Hits 1.5M Holders first appeared on The Shib Daily.

Shiba Inu Holds Gains, Analyst Stands by 500% Surge

Gushiken Yona — Mon, 17 Mar 2025 06:49:23 +0000

Shiba Inu ($SHIB) refuses to back down. After breaking past key resistance, the dog-themed altcoin holds firm, fueling bullish sentiment as trading volume surges. A crypto analyst isn’t wavering—his 500% breakout target remains intact, signaling that Shiba Inu’s rally may be far from over.

The volatile cryptocurrency market never ceases to surprise and Shiba Inu ($SHIB), the self-proclaimed “Dogecoin killer,” is once again making headlines. Crypto analyst Javon Marks, known on the social media platform X as @JavonTM1, reiterated a bullish prediction for the dog-themed altcoin.

Shiba Inu Breakout Holds Strong Amid Market Volatility

In a recent post on X, accompanied by a detailed price chart, Marks emphasized that his breakout target for $SHIB remains unchanged. He pointed to the token’s sustained price action following a breakout, indicating that the significant upward move could still be in play.

“[The] $SHIB (Shiba Inu)’s breakout target at the $0.000081 level goes UNCHANGED!” Marks declared. “As prices continue to hold broken out, and up since showing responsiveness to this breakout, another nearly +500% upside to reach this target could still be well in the works…”

The chart shared by Marks highlights a period of consolidation followed by a breakout, where the price of $SHIB surpassed a key resistance level. The price is now hovering, seemingly gathering strength for its next leg up.

credit: @JavonTM1

It is crucial to approach such predictions with caution. The cryptocurrency market is notoriously unpredictable, and meme coins, in particular, are known for their extreme volatility. While technical analysis can provide valuable insights, it is not a crystal ball. Investors should conduct their own thorough research and consider their risk tolerance before making any investment decisions.

SHIB Sees Explosive Trading Volume and Price Increase

The bullish sentiment surrounding Shiba Inu is driven by compelling market activity. As of 1:16 a.m. ET on Monday, Shiba Inu was trading at $0.00001328.

This represents a 2.70% increase in the past 24 hours, a seemingly modest gain that masks a far more significant development: a staggering 201.96% surge in 24-hour trading volume, reaching $355.32 million.

credit: CoinMarketCap

This explosion in trading volume suggests a surge in investor interest and buying pressure. Over the past week, $SHIB has climbed 7.79%, reflecting a sustained upward trend.

The token’s market capitalization has also benefited, rising by 2.62% to reach $7.82 billion. This places Shiba Inu firmly among the top cryptocurrencies by market cap, a testament to its enduring popularity.

The bullish outlook on Shiba Inu isn’t confined to technical analysis and market data. Community sentiment, as tracked by CoinMarketCap, reflects a strong wave of optimism.

With a substantial 229,100 votes recorded, a decisive 88% express a bullish stance on the token’s future, compared to only 12% holding a bearish view. This overwhelming positivity from the community suggests a widespread belief in Shiba Inu’s potential for growth.

The post Shiba Inu Holds Gains, Analyst Stands by 500% Surge first appeared on The Shib Daily.

Shiba Inu Whales Scoop Up Trillions Of SHIB Amid Price Surge

Gushiken Yona — Fri, 14 Mar 2025 09:16:59 +0000

After a few days of price slump, Shiba Inu (SHIB) explodes onto the scene as whale wallets aggressively accumulate trillions of tokens, riding a wave of surging prices and igniting bullish sentiment across the crypto community.

Massive Whale Accumulation Fuels SHIB Rally: A Bullish Signal?

Data from on-chain analytics firm IntoTheBlock reveals a surge of strategic activity among SHIB whales, with a staggering 1.01 trillion SHIB tokens changing hands in just the last 24 hours. This massive movement, encompassing 41 separate transactions, suggests a deliberate and potentially coordinated effort by large holders to acquire significant positions in SHIB.

credit: IntoTheBlock data

While IntoTheBlock data notes this volume as a 7-day low compared to the peak of 4.64 Trillion SHIB on March 10, the sheer scale of the recent transactions, at 41, signals a potentially renewed interest from key players. This could suggest it’s the calm before the storm. The total number of transactions may point to strategic accumulation ahead of expected positive developments.

credit: IntoTheBlock data

Shiba Inu Price Surge and Whale Activity: Cause or Effect?

The key question swirling within the crypto community is the relationship between the whale accumulation and the concurrent price surge. Are whales driving the price increase with their massive buys, or are they reacting to an already-rising price, anticipating further gains?

Several possibilities exist:

Whales as Price Drivers: Large-scale buying pressure from whales can significantly impact the price of a cryptocurrency, especially one with a relatively lower market capitalization like SHIB.
Whales Anticipating Further Gains: Whales may have access to information or insights that lead them to believe the price surge will continue, prompting them to accumulate more SHIB.
FOMO (Fear of Missing Out): The price surge itself could be attracting whales who fear missing out on further profits.

Shiba Inu Price Action

As of 4:12 a.m. ET on Friday, Shiba Inu (SHIB) exhibited a modestly bullish trend, trading at $0.00001248, a price point reflecting a 2.52% increase over the preceding 24 hours. This uptick in price was accompanied by a 24-hour trading volume of $185.98 million, indicative of moderate market activity for the meme-inspired cryptocurrency.

The token’s market capitalization reached $7.36 billion, up 2.53%, a rise closely mirroring the daily price increase and suggesting that overall market sentiment was positive, though not explosively so. Given the circulating supply of 589.25 trillion SHIB, these figures paint a picture of a stable, yet cautiously optimistic market position for SHIB, although current performance suggests it is not yet significantly outperforming broader market trends.

credit: CoinMarketCap data

Community sentiment towards Shiba Inu (SHIB) on CoinMarketCap reflects an overwhelmingly bullish outlook, with 88% of the 226,900 votes cast expressing a positive view on the token’s prospects. Only 12% of voters registered a bearish sentiment.

The post Shiba Inu Whales Scoop Up Trillions Of SHIB Amid Price Surge first appeared on The Shib Daily.

Hundreds Of Trillions SHIB Now In Profit As Shiba Inu Rallies

Gushiken Yona — Thu, 13 Mar 2025 09:55:36 +0000

A substantial portion of the Shiba Inu supply, totaling hundreds of trillions of $SHIB, is now in the money as the cryptocurrency enjoys a resurgence, a welcome development for long-term holders of the dog-themed crypto asset.

The recent price increase, which has seen SHIB gain approximately 8% in value, marks a significant shift for the popular meme coin. This upward movement has pushed a considerable number of SHIB tokens into profitable territory, according to data from on-chain analytics firm IntoTheBlock.

A Deep Dive into Shiba Inu Profitability

IntoTheBlock’s “Global In/Out of the Money” metric provides a detailed analysis of the profitability of cryptocurrency holdings. This analysis categorizes addresses based on whether they are currently “in the money” (holding tokens at a profit), “at the money” (breaking even), or “out of the money” (holding tokens at a loss), relative to the current market price.

The latest data paints a nuanced picture for Shiba Inu holders. Approximately 104.14 trillion SHIB tokens, representing a value of roughly $1.27 billion, are currently classified as “in the money.”

Credit: IntoTheBlock

This constitutes 10.58% of analyzed addresses/wallets, according to IntoTheBlock’s data. Conversely, a significant portion, 846.99 trillion SHIB tokens, valued at approximately $10.32 billion, remain “out of the money,” accounting for 86.02% of analyzed addresses/wallets.

A smaller segment, 33.51 trillion SHIB (or about $408.21 million), is considered “at the money,” representing 3.40% of analyzed addresses/wallets. IntoTheBlock indicates that this data covers 100% of the tokens.

While the percentage of addresses “in the money” might seem relatively low, the substantial value of those holdings – over $1.27 billion – highlights the potential for significant gains within the Shiba Inu ecosystem when the market moves favorably.

SHIB Price Action

As of early Thursday morning, Shiba Inu ($SHIB) exhibited a modest but noteworthy price movement. Trading at $0.00001218 at 4:38 a.m. ET, the cryptocurrency showed a 0.05% increase on the day, according to data from CoinMarketCap.

While this percentage gain might appear small in the often-volatile world of cryptocurrencies, it’s the context and accompanying metrics that provide a more complete picture.

The 24-hour trading volume stood at $231.11 million, a figure that, while not exceptionally high, suggests continued interest and activity in the SHIB market. This level of trading volume indicates a healthy level of liquidity, allowing investors to buy and sell SHIB without causing drastic price swings.

A more significant indicator is the circulating supply at 589.25 trillion SHIB, resulting in a market capitalization of approximately $7.16 billion, a 0.29% increase. This slight increase in market capitalization, outpacing the percentage price gain of the individual token, suggests that the overall value of the circulating SHIB supply is expanding.

Credit: CoinMarketCap

Community sentiment, as reflected in a poll with 226,300 votes, overwhelmingly favors a bullish outlook for SHIB. An impressive 88% of respondents expressed a positive view, while only 12% indicated a bearish sentiment.

Credit: CoinMarketCap

While this data point provides a glimpse into the prevailing attitude within the Shiba Inu community, it’s essential to recognize that sentiment polls are not always accurate predictors of future price movements and can be influenced by a variety of factors, including social media trends and overall market conditions.

The post Hundreds Of Trillions SHIB Now In Profit As Shiba Inu Rallies first appeared on The Shib Daily.

Shiba Inu Bulls Eye Upside, Analysts Optimistic on Potential Breakout

Gushiken Yona — Mon, 03 Mar 2025 12:05:33 +0000

Shiba Inu ($SHIB) bulls are targeting significant gains, with analysts highlighting the potential for a major breakout if the meme coin can maintain a critical support level.

The current optimism surrounding Shiba Inu is largely based on recent technical analysis, which identifies key price levels that could determine the meme coin’s near-term trajectory. One analyst, BlueCrypto, has been closely monitoring SHIB’s price action, sharing a chart that visually highlights these crucial levels on the SHIB/USD daily chart.

Shiba Inu Price Analysis: BlueCrypto Identifies Key Support and Resistance

According to BlueCrypto, SHIB has successfully held local support at $0.00001345. The accompanying chart clearly shows a horizontal line at this price level, with a green upward-pointing arrow likely indicating a previous bounce from this support.

However, the analyst emphasizes that maintaining a higher level is crucial for any upward movement. “[To] continue to the upside, price MUST remain above $0.00001465,” BlueCrypto stated, adding that if this support holds, SHIB could move towards a “MAIN level” of $0.00001590.

The chart visually represents this with another horizontal line at $0.00001465 (possibly with a red downward arrow below it and green arrow above, signifying resistance-turned-support) and a prominent yellow line at $0.00001590. The analyst also warned of a potential bearish reversal: “new local support at $0.00001465 fails, price action flips back to Bearish.”

The chart includes further resistance lines at $0.00001715, $0.00001965 and $0.00002085. A long, red, descending wavy line on the chart suggests an overall bearish trend, while shorter green wavy lines indicate potential upward movements or retracements.

Crypto Sheriff’s Chart Points to Potential Shiba Inu Breakout

Another analyst, Crypto Sheriff, expressed a more overtly bullish outlook, sharing a technical chart suggesting a potential uptrend. “SHIB looks good for taking risks! It may create a new uptrend after a possible breakout!” Crypto Sheriff stated.

Crypto Sheriff’s chart, a snapshot from a trading platform, displays a descending triangle pattern on the SHIB/USDT 1-day chart. While descending triangles are typically considered bearish continuation patterns, a breakout above the upper trendline, which has served as resistance, could signal a significant shift in momentum.

SHIB’s recent price action comes amid a broader recovery in the cryptocurrency market, although meme coins remain particularly susceptible to rapid shifts in sentiment. This volatility underscores the importance of technical analysis in identifying potential entry and exit points, as well as managing risk.

Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Shiba Inu Bulls Eye Upside, Analysts Optimistic on Potential Breakout first appeared on The Shib Daily.

SHIB – The Shib Daily

Howling into 2026

IRS Eyes Overseas Crypto Reporting Under CARF — What It Means for SHIB

CARF Rules and What They Mean for SHIB Holders

Japan FSA Plans Major Crypto Overhaul: New Rules, 20% Tax, Bank Access

Read More

Japan Green-Lists SHIB, Targets Big Time Tax Savings

Shiba Inu Green List Approval Aligns Japan Tax With Global Standards

FSA Green List Vetting Applied Rigorous Standards to SHIB

Japan’s Proposed 20% Capital Gains Rate Matches International Norms

Read More

SHIB Price Suggest Major Breakout Against Bitcoin: New Analysis

Shiba Inu Technical Analysis

SHIB Price Performance

Read More

Grayscale Sees 11 Altcoins Poised for Breakout Under New SEC Rules

Read More

What Is Token Burning and Why Do Crypto Projects Do It?

What Is Token Burning?

How Does Token Burning Work?

1. A Project Decides to Burn Tokens

2. The Tokens Are Collected

3. The Tokens Are Sent to a Burn Address

4. The Blockchain Records It

Why Do Crypto Projects Burn Tokens?

The Pros and Cons of Token Burning

Pros

Cons

Burning Isn’t Destruction, It’s Strategy

Read More

Legends and Ledgers

Evolving Frames

Shiba Inu Rolls Out Stronger Shibarium Bridge with New Security Features

Bridge Reopens with New Safeguards

How the Delay and Blacklist Strengthen the Bridge

Independent Validation and Hexens Audit

Next Steps: Expanding Token Coverage

Why This Matters for the Ecosystem

Hardening The Core

Someone Just Bought 120B SHIB for $1.5M; New Whale Move or Something Bigger?

Read More

SHIB ETF Path Clears Now; VP Warns on Market Risks

Expert Cautions on Imminent ETF Wave

How New SEC Rules Make a SHIB ETF Possible

Focus Shifts to Market Viability and Competition

Read More

Shibarium Bridge Exploit: Kaal Drops Latest Dev Report Post Hack

Incident Details Revealed

Immediate Defensive Actions

Read More

Analysts See Shib Bullish Setup—Could This Trigger a 500% Surge?

Key Points

Triangle Formation and 34% Target

Long-Term Bullish Divergence

What It Means for Traders

Beyond the Howl: Courage and Shiba Inu Forge Partnership in Real Value, Not Just Hype

Forged in Trust: The Bedrock of the Alliance

A Partnership Solidified Through Engagement

A Bridge Between Ecosystems

The Path Forward: A Vision for 2025

Read More

Shiba Inu Now on Folks Finance: First Memecoin with Cross-Chain Lending

Key Points

A Move into Multichain Finance

Broader Implications for Shiba Inu

Read More

Convano Sets $3B Bitcoin Target: What It Means for SHIB Holders

Key points:

Convano Bitcoin Move: Implications for SHIB Holders

Read More

Shiba Inu Breaks Into Mainstream Finance with New European ETP

Key Points

A Bridge Between Crypto and Traditional Finance

The U.S. Regulatory Landscape and SHIB ETF Prospects

Read More

CFTC Opens Door to Offshore Exchanges — What It Means for SHIB

CFTC Move Could Expand SHIB Access

Read More

115 Crypto Firms Push Senate to Shield Devs – Impact on Shib

Crypto Firms Caution on Intermediary Rules and Innovation