• Shiba Inu (SHIB) price bounces 7% daily, testing key support near $0.000012
• Increased SHIB burn rate (+30%) & rising Shibarium TVL ($2.5M) noted
• Analysts eye potential rally toward $0.000033 resistance if current support holds

Shiba Inu Coin (SHIB) is experiencing an uptick in its price today. The meme coin is up by more than 7% and is trading at $0.00001288. After a tough start to the year, meme coins are showing signs of a comeback. Since the beginning of 2025, the meme coin market has been struggling, with the total market cap falling over 50% from its peak at the end of 2024. 

Dogecoin (DOGE), the biggest meme coin by market cap, has dropped around 20% in the past month, and other coins like FLOKI and PEPE have also taken a hit. However, DOGE has gained 7% in the past 24 hours, indicating a shift in momentum after a tough period. The recent gains show that the market sentiment is turning around.

An X (formerly Twitter) user has shared an interesting Shiba Inu chart, hinting at a possible “second wave” pump for SHIB. The chart suggests the market appears to be rising from the recent dip, causing excitement among investors.

Relat…

The post Can Shiba Inu Repeat History? SHIB Tests Support That Triggered Past Rallies appeared first on Coin Edition.

• Shiba Inu (SHIB) price bounces 7% daily, testing key support near $0.000012
• Increased SHIB burn rate (+30%) & rising Shibarium TVL ($2.5M) noted
• Analysts eye potential rally toward $0.000033 resistance if current support holds

Shiba Inu Coin (SHIB) is experiencing an uptick in its price today. The meme coin is up by more than 7% and is trading at $0.00001288. After a tough start to the year, meme coins are showing signs of a comeback. Since the beginning of 2025, the meme coin market has been struggling, with the total market cap falling over 50% from its peak at the end of 2024. 

Dogecoin (DOGE), the biggest meme coin by market cap, has dropped around 20% in the past month, and other coins like FLOKI and PEPE have also taken a hit. However, DOGE has gained 7% in the past 24 hours, indicating a shift in momentum after a tough period. The recent gains show that the market sentiment is turning around.

An X (formerly Twitter) user has shared an interesting Shiba Inu chart, hinting at a possible “second wave” pump for SHIB. The chart suggests the market appears to be rising from the recent dip, causing excitement among investors.

Relat…

The post Can Shiba Inu Repeat History? SHIB Tests Support That Triggered Past Rallies appeared first on Coin Edition.