The cryptocurrency market has always loved a comeback story, and Shiba Inu (SHIB) might be preparing for its next big one. Often called the “Dogecoin killer,” SHIB is one of the most well-known meme coins in the world. It started as a fun project inspired by an internet meme, but over time it has built a passionate community and a growing ecosystem. Now, with prices moving up again, traders and investors are wondering if Shiba Inu is getting ready for another major breakout.
As of October 13, 2025, SHIB’s price jumped by more than 8% in just 24 hours. This increase comes after a long period of slow performance and has caught the attention of crypto analysts and traders worldwide. Several technical indicators suggest that Shiba Inu might be entering a stronger bullish phase.
When analysts talk about a coin being “bullish,” it means they expect the price to rise. In SHIB’s case, there are a few signals pointing in that direction:
| Indicator | What It Means | Current Signal for SHIB |
|---|---|---|
| MACD (Moving Average Convergence Divergence) | Measures momentum and trend strength | Showing a bullish crossover, meaning buyers are gaining control |
| EMA (Exponential Moving Average) | Tracks price averages over time to spot trends | The 7-day EMA is above the 25-day EMA — a positive sign |
| RSI (Relative Strength Index) | Measures whether an asset is overbought or oversold | RSI is above 50, suggesting steady buying pressure |
In simple terms, these signals mean that demand for SHIB is increasing, and more traders are buying than selling. Adding to the momentum, whales have been purchasing huge amounts of SHIB over 62 billion tokens recently. This type of activity often boosts confidence among smaller investors. Meanwhile, token “burns” continue to reduce SHIB’s enormous supply. A smaller supply with increasing demand can lead to higher prices.
Shibarium, Shiba Inu’s Layer-2 blockchain, is also playing a role in this renewed optimism. It aims to make SHIB more useful by allowing cheaper and faster transactions. The project is working on expanding into areas like decentralized finance (DeFi) and non-fungible tokens (NFTs), giving SHIB real-world utility beyond its meme status.
Several analysts believe SHIB’s recent performance could be the start of a larger rally. They point to strong support at the $0.000012 level, meaning many buyers are entering the market around that price. If this support holds, SHIB could rise to between $0.000032 and $0.00005 in the coming months, with some extremely optimistic forecasts suggesting $0.0001 by the end of the year. Another reason for the positive outlook is the reduction of tokens available on exchanges. When coins are withdrawn from trading platforms and moved into long-term wallets, it often signals that investors plan to hold them rather than sell. This can limit supply on the market and push prices upward.
However, not everyone is convinced that this rally will last. Some experts warn that SHIB’s long-term chart still shows signs of weakness. The 200-day moving average, a long-term trend line, is sloping downward, and a potential “death cross” when shorter-term averages fall below longer-term ones, could indicate future declines. Critics also point out that SHIB’s massive total supply, which remains in the trillions, makes sustained price increases difficult. While token burns help, they remove only a small portion of the total supply each month. Additionally, SHIB still lacks the kind of real-world utility that gives other cryptocurrencies, such as Bitcoin or Ethereum, lasting value. Another concern is market dependency. SHIB often follows Bitcoin’s movements. If Bitcoin’s price drops, it tends to pull the entire crypto market down with it, including meme coins like SHIB.
What Next For Shiba Inu?
For long-time SHIB holders, this recent price surge is a hopeful sign after months of uncertainty. Many in the SHIB community, often called the “SHIB Army,” believe that continued development through Shibarium could finally give the project lasting strength. If Shibarium successfully delivers features like decentralized finance tools or NFT marketplaces, SHIB could gain real-world use and attract more serious investors. However, short-term traders should still be cautious. The cryptocurrency market is highly volatile, and meme coins are especially prone to sudden swings. With SHIB trading around $0.00001066, still nearly 87% below its all-time high, the potential for growth exists, but so does the risk of further decline.
Shiba Inu’s recent 8% surge and improving technical signals have renewed optimism across the crypto market. Increased whale buying, ongoing token burns, and Shibarium’s upcoming updates could all strengthen SHIB’s position. Yet, the risks of overhype, market corrections, and limited utility remain serious challenges. In simple terms, SHIB is at a crossroads. If its development plans succeed and investor confidence holds, it could be preparing for another major rally. But if momentum fades, this latest rise may prove temporary.
For now, all eyes are on the charts and the question remains, Is this just another short-lived spike, or the start of a true comeback for Shiba Inu?
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About the Author: John Brok
