Shiba Inu Shoots Up 12%: Is This the Beginning of the Dog’s World Domination or Just a Zoomies Session?

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Shiba Inu (SHIB) is doing what every dog dreams of: breaking out of the backyard (and, in this case, a few resistance levels) for a massive 12% zoom in just 24 hours. Yes, apparently meme coins really do recover quicker than my dignity after texting my ex.

Shiba Inu’s Trading Volume: Someone Bring a Mop

The folks over at CoinMarketCap report SHIB was swapping hands at $0.00001478—a heroic leap up from its pitiful earlier self lying at $0.00001332. Honestly, if my savings jumped like that, I’d start making TikToks about it too.

It gets better. Trading volume exploded 164.77% to a heart-palpitating $404.31 million. Investors haven’t been this busy since someone promised free pizza at a blockchain conference.

Could SHIB reach $0.000017? Oh, wouldn’t we all love to see that puppy moon. But she’s still got to claw past $0.00001495 and $0.000015 first. Someone please pass her a step-ladder.

Should she breach that fortress of decimal places, it all comes down to “ecosystem dynamics”, aka “unpredictable chaos and emotional trading decisions by people in their pajamas.” Especially, watch for sell pressure at $0.00001574—investors might just dump their bags for the crypto equivalent of a victory lap.

Shiba Inu’s price swings harder than an existential crisis at 2am. Basically, if you ever planned to walk this dog, keep your leash tight.

Whales, EMAs, and the Usual Market Shenanigans 🐋

Moving parts include: wider market drama, SHIB’s internal burn party, and whales throwing their weight around. Recently, massive (possibly sleep-deprived) token whales powered the latest moon-shot.

SHIB has blitzed past the 50 EMA and is now staring seductively at the 200 EMA—sitting shyly at $0.000016. One more hard shove from the community and perhaps it’ll get there… or smack its nose into the window instead. Stay tuned for more awkward volatility, and maybe—maybe—a glorious new high. Either way, the dog’s having a grand old time.

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2025-05-09 12:46