Shiba Inu (SHIB) Remains a Hot Topic, With Growing Interest in Its Potential for Explosive Growth This Cycle

Shiba Inu (SHIB) remains a hot topic among crypto analysts and traders, with growing interest in its potential for explosive growth this cycle.

Shiba Inu (CRYPTO: SHIB) price has pulled back slightly.

What Happened: If crypto analyst Illusion X had his way, Shiba Inu was the top altcoin pick for the current cycle.

"My 10x-15x pick this cycle. Thoughts?" asked the crypto influencer, sharing a chart that showed the token at $0.00001236 on Monday.

Shiba Inu coin traded at $0.00001236, down 2.52% over 24 hours and 9.92% over the last seven days.

Several technical analysts have been calling for a breakout from current levels.

Javon Marks, a popular crypto analyst, joined in with this bullish case.

"Still predicting that Shiba Inu will hit 81 satoshi (0.000081) this cycle. Not saying it’s likely, but I wouldn't bet against it," said Marks in December.

He pointed out that SHIB had successfully retested the $0.000108 breakout level after a rally to $0.003329 in December.

"This correction phase confirmed the macro structure, which remains bullish as long as SHIB holds above the $0.0000108."

Shiba Inu: Hidden Bullish Divergence

On the technical side, a hidden bullish divergence has formed on Shiba Inu chart. While the token’s price has posted higher lows, momentum indicators such as the RSI have shown lower lows.

This divergence typically suggests growing buying pressure even when momentum appears weak.

According to Marks, this pattern is often seen during continuation phases in a broader uptrend. A sustained move above $0.0002 could trigger renewed momentum, targeting resistance levels between $0.000030 and $0.000081.

The key technical area of $0.77-$0.8 is one that SHIB price has struggled to overcome in recent weeks.

The base being built above $0.1290 is now seen as a launchpad for the next leg up, contingent on volume and broader market sentiment improving.

Long-Term Holders Support SHIB Stability

On-chain data from IntoTheBlock showed a notable increase in SHIB holders who have held the token for more than one year.

This trend began in mid-2022 and has accelerated into 2025. Long-term holder growth reflects investor conviction and typically reduces sell-side pressure during pullbacks.

In contrast, short-term holders, those who hold for less than 30 days, have declined by over 36.5%. This suggests that speculative behavior is declining, with investors leaning toward long-term accumulation strategies.

Mid-term holders, or “cruisers,” have also increased by 3.15%, further supporting the view that the asset is maturing within its holder base.

The change in holding pattern often precedes a sustained upward move, given that supply becomes increasingly illiquid and sellers become less inclined to react to short term volatility.

Shiba Inu Token Burn

Moreover, Shiba Inu’s token burn rate has skyrocketed. In the last 24 hours, Shibburn also noted that over 2.2 million SHIB tokens were burned, an increase of 278.42%.

According to the market data, SHIB burn rate for the past seven days rose 324.14% to over 313 million SHIB tokens burned over the last week.

The SHIB burn system is designed to continuously decrease the circulating supply and increase supply scarcity, the idea being that this will make the coin worth more over time.

If the demand establishes alongside supply, the pressure on the price in turn might intensify on the upside.

Shiba Inu is one of the most popular meme coins and has a strong community following. The token's price has been volatile in recent months, but it remains a hot topic among crypto analysts and traders.

If the momentum continues to be bullish, then traders may want to keep an eye out for a retest of the all-time highs in December and perhaps even a move to the 81 satoshi area.

If, however, Shiba Inu loses the $0.0000108 base, then the macro structure will be broken. In such a scenario, a deeper correction may set in, putting the $0.000001777 area back in focus.

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