{"id":3462,"date":"2025-04-14T11:40:05","date_gmt":"2025-04-14T10:40:05","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3462"},"modified":"2025-04-14T11:40:07","modified_gmt":"2025-04-14T10:40:07","slug":"shiba-inu-shib-could-surge-70-coming-days","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/shiba-inu-shib-could-surge-70-coming-days\/","title":{"rendered":"Why Shiba Inu (SHIB) Could Surge by 70% in the Coming Days"},"content":{"rendered":"\n

Shiba Inu (SHIB) : Is a Rally on the Horizon ?<\/strong><\/h2>\n\n\n\n

The burn rate of Shiba Inu (SHIB)<\/a><\/strong> has recently seen a spectacular increase of over 300%<\/strong>, according to data reported by AMBCrypto. This token destruction mechanism reduces the circulating supply, a factor often seen as bullish by investors. By decreasing the amount of SHIB <\/strong>in the market, the potential scarcity<\/strong> could exert upward pressure<\/strong> on the price, especially if the demand remains stable or increases.<\/p>\n\n\n\n

This burn strategy, orchestrated mainly by community initiatives, aims to support the token’s value in the long term. Data shows that millions of SHIB<\/strong> have been taken out of circulation in record time, fueling holders’ enthusiasm. However, a high burn rate does not automatically guarantee price increases; it all depends on the balance between supply and demand.<\/p>\n\n\n\n

Technical Analysis of SHIB : Is the Bull Run Starting ?<\/strong><\/h2>\n\n\n\n

Technically, Shiba Inu<\/a> is showing encouraging signals. The price of SHIB has recently surpassed a key resistance around $0.0000125<\/strong>, a level closely monitored by traders. At the time of analysis, SHIB is trading at around $0.0000123<\/strong>, with a decrease of nearly 2.5%<\/strong> over the last 24 hours.<\/p>\n\n\n

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\"Shiba<\/figure>\n<\/div>\n\n\n

Indicators like the RSI (Relative Strength Index) have flirted with the overbought zone, at 68, suggesting a bullish momentum<\/strong> but also a risk of short-term correction.<\/strong><\/p>\n\n\n\n

From a broader perspective, SHIB appears to be heading towards a test of the major resistance at $0.0000158<\/strong>. If this level is surpassed with high volume, analysts believe a 70%<\/strong> rally could propel the token towards $0.000020<\/strong>, an important psychological level from the 200-day moving average.<\/p>\n\n\n\n

Conversely, failing to hold the current support at $0.000011<\/strong> could push SHIB back towards lower levels, around $0.0000098<\/strong>.<\/p>\n\n\n

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\"Shiba<\/figure>\n<\/div>\n\n\n

Another aspect to monitor is whale activity<\/strong>. Significant off-exchange transactions have recently increased, indicating that major market players are accumulating or repositioning their holdings. This dynamic could amplify volatility<\/strong> in the coming days.<\/p>\n\n\n\n

Furthermore, the liquidations map shows that short liquidations<\/strong> have occurred in recent days. The bullish momentum could therefore continue and, more importantly, accelerate<\/strong> if the market remains in this uptrend.<\/p>\n\n\n

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\"Shiba<\/figure>\n<\/div>\n\n\n

Nevertheless, the overall sentiment for the memecoin<\/a> SHIB remains negative. While it has been recovering for several days, investors remain cautious<\/strong> about this recent uptrend.<\/p>\n\n\n

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\"SHIB<\/figure>\n<\/div>\n\n\n

Should You Invest in SHIB Now ?<\/strong><\/h2>\n\n\n\n

Despite the prevailing optimism, investing in Shiba Inu remains risky. The speculative nature of memecoins, combined with a high dependency on social media trends, exposes SHIB to sudden and unpredictable movements.<\/p>\n\n\n\n

Moreover, a market correction in the general crypto<\/a> market, especially if Bitcoin (BTC) were to lose its momentum, could drag SHIB into a downtrend. The massive liquidations observed recently on other altcoins serve as a reminder: caution is advised.<\/p>\n\n\n\n

On the opportunities side, the high burn rate and bullish technical signals<\/strong> position SHIB as an asset to monitor<\/strong> for short-term traders. For long-term investors, the increasing adoption of projects related to the Shiba Inu ecosystem, like Shibarium<\/strong>, could bring fundamental value to the token. However, it is crucial to diversify positions and not succumb to FOMO (Fear of Missing Out) in the face of these rapid increases.<\/p>\n\n\n\n

In summary, if SHIB corrects to $0.000098<\/strong> and Bitcoin shows encouraging signs, SHIB could be an opportunity<\/strong>. Currently, the risks are too high as the memecoin faces its 50-day moving average and a strong resistance zone.<\/strong> However, if this resistance were to break, SHIB could soar by 70%.<\/strong><\/p>\n\n\n\n

If the trend remains bullish<\/a>, here’s a handy guide to buy SHIB on the Weex<\/strong> platform in a few clicks:<\/p>\n\n\n\n

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  1. Create a Weex Account<\/strong> – Visit the official Weex website<\/a> and sign up with your email or phone number. Confirm your registration by entering the code received via email.<\/li>\n\n\n\n
  2. Verify Your Identity (KYC)<\/strong> – Complete the KYC verification by submitting identification documents and, if required, proof of address. This quick step is mandatory.<\/li>\n\n\n\n
  3. Add Funds<\/strong> – In “Deposit,” fund your wallet with cryptocurrencies (USDT, BTC, etc.) or via fiat (credit card, bank transfer, subject to availability).<\/li>\n\n\n\n
  4. Access the SHIB Market<\/strong> – Go to “Trading Spot,” type “SHIB” in the search bar, and select the SHIB\/USDT pair to open the trading interface.<\/li>\n\n\n\n
  5. Make the Purchase<\/strong> – Choose a market order for instant purchase or a limit order to set a specific price. Enter the desired quantity of SHIB, verify, and confirm your transaction.<\/li>\n<\/ol>\n\n\n\n
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    Buy SHIB on Weex and get 50 USDT in a few clicks !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n