Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Author
Ahmed Balaha
Author
Ahmed Balaha
share
Shiba, like most of the market, is down about 4% in the last 24 hours. The only bright spot is the burn rate, which jumped 957.9% over the same period, with more than 11.3 million SHIBs permanently removed from circulation, according to Shibburn.
Still, the drop caught many off guard. It wasn’t exactly what traders expected, especially after that T. Rowe Price filed for the first spot US Shiba Inu ETF.
The real problem now is liquidity. SHIB is just at a low year, and even with that, its daily trading volume still keeps around 100 million dollars with some farms here and there. Not bad, but not enough to turn things around.
Shiba Inu price forecast: is a big recovery closer than it seems?
The SHIB chart shows the price trying to recover after a sharp drop, and the setup looks pretty simple. The gray box marks a demand zone, basically where buyers intervened before, and it’s happening again now.
The momentum is still weak, however, with RSI standing around 48. This shows that it could still drift lower before a strong reversal comes.
Possible short-term targets are at 0.0000931, 0.0000967 and 0.0001018. If SHIB can hold above that demand zone, it has some room to grind higher towards those levels.
However, with liquidity moving to BTC and ETH, Shibarium’s activity is slowing down. SHIB’s trend remains bearish unless buying volume returns.
Did you miss the early days of Shiba? Maxi Doge could be next
As Shiba Inu struggles to hold its ground, another rising meme coin steals the spotlight, Maxi Doge.
Maxi Doge is quickly becoming the talk of the Ethereum network, positioning itself as the next big meme project with actual staying power. Unlike SHIB, which is stuck struggling with liquidity issues, Maxi Doge is still up and running, with its rapidly growing community and fresh capital flow.
The presale has already raised more than 3.90 million dollars, and the holders are earning around 78% APY through staking, meaning that investors are rewarded even before the launch of the hype.
Built on Ethereum, Maxi Doge combines meme energy with real tokenomics. It offers deep liquidity, strong staking incentives, and a fair launch model that attracts both retail traders and first whales.
If you’ve missed SHIB before, this could be your second chance to catch the next meme coin farm before it runs out.
Visit the official website here
