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3 Reasons Why Shiba Inu (SHIB) Might be Poised for a Rally


3 Reasons Why Shiba Inu (SHIB) Might be Poised for a Rally

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TL;DR

  • Negative exchange netflows and an RSI near oversold levels suggest a potential price recovery for the meme coin.
  • On the other hand, the recent problems related to Shibarium and its weak activity signal that the pullback might be far from over.

Can SHIB Reclaim Its Former Glory?

Despite its sporadic price increases, Shiba Inu (SHIB) has been on an evident downfall since the beginning of the year. As of this writing, it is worth approximately $0.00001223, representing a 42% decline from its value on the first day of 2025. The asset’s market capitalization has plunged to $7.2 billion, whereas top competitors like MemeCore (M) and Pepe (PEPE) have started closing the gap to it.

Read the article at CryptoPotato

In This News

Coins

$ 0.0732

-1.23%

$ 0.00...361

$ 33.38K

$ 0.00...043

-2.31%

Funds

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Share:

In This News

Coins

$ 0.0732

-1.23%

$ 0.00...361

$ 33.38K

$ 0.00...043

-2.31%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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