Shiba Inu (SHIB) Price Prediction: Will the Meme Coin Continue Its Rally?

Shiba Inu's SHIB/USD significant rally over the past seven days and a new Shibarium DappStore launch could lead to a bullish run for the meme coin, traders are speculating.

Shiba Inu's SHIB/USD significant rally over the past seven days and a new Shibarium DappStore launch could lead to a bullish run for the meme coin, traders are speculating.

Shiba Inu Price Analysis: Trader Notes

Crypto trader InvestingHaven points to a W-pattern forming on SHIB's chart, a classic bullish reversal signal.

With strong support at $0.000012345 holding firm, the long-term setup is looking increasingly favorable. If the pattern confirms, it could unlock a significant breakout.

"A W-pattern forming on the SHIB chart. A classic bullish reversal signal. With $0.000012345 as strong support, the #SHIB long-term setup strengthens. A confirmed W-pattern could unlock significant upside."

Statistics

IntoTheBlock data shows Shiba Inu large transaction volume and daily active addresses down by 32.1% and 20.5%, respectively, in a single day. Transactions greater than $100,000 dropped from 84 to 57.

Shibariumscan data shows daily transactions moved higher from 4.61 million to 4.65 million in a single day.

Coinglass data shows Shiba Inu open interest increased by 22.9% to $195.8 million, a six-week high.

Derivatives trading volume expanded by 5.6% in a single day.

Community News:

Shiba Inu's marketing lead Lucie announced the official launch of the Shibarium DappStore, calling it a critical infrastructure layer that boosts both usability and credibility across the ecosystem.

The platform helps users discover verified dApps while providing developers with exposure to the engaged Shibarium community.

Importantly, while it's a curated experience, it doesn't limit permissionless development—instead, it amplifies quality projects and fosters growth through accessibility.

"Announcing the Shibarium Dapp Store! 💫 A critical infrastructure layer to boost both usability and credibility in the ecosystem.

The platform helps users discover verified dApps and provides devs with exposure to the vibrant Shibarium community. We’re showcasing the best of what's baking! 🔥"