Shiba Inu is Making Moves, and It’s Not Just on the Cute Dog Memes!
Well, well, well, look who’s flipping the script today. Shiba Inu (SHIB) has decided it’s time to outshine Hedera (HBAR) by market cap. That’s right, the second-largest meme coin is on a roll. Hold onto your wallets because this meme-coin madness is just getting started!
Shiba Inu Overtakes Hedera. Someone Call the Market Doctors!
As of May 10, SHIB is trading at $0.000015—an 8% gain in just 24 hours. In case you were wondering, this sudden uptick has pushed the meme coin’s market cap to a staggering $8.5 billion, leaving Hedera in the dust. And just like that, Shiba Inu has claimed the 15th spot in the crypto pecking order.
The flippening is real, folks. According to CoinMarketCap, SHIB’s trading volume has surged by 73% in the last 24 hours, reaching a hefty $632 million. Traders are diving in, but of course, with all that excitement comes some *ahem* volatility. SHIB’s price is bouncing between $0.000014 and $0.000015 like it’s trying to get a perfect score at a trampoline park.
Hold your horses, though—this meme coin might just be starting to outpace those Solana meme coins. Don’t say we didn’t warn you when SHIB outperforms every “underdog” coin in sight.
SHIB’s Cup & Handle Breakout: Not Just for Morning Coffee
Shiba Inu has broken out of its little rounding bottom pattern (yes, that’s a thing in crypto) and is looking at a bullish reversal. Hold your excitement because this could mean another 38% gain, pushing SHIB to $0.000018. Look at it go!
Of course, this isn’t all sunshine and puppy tails. To break past the $0.000018 resistance, SHIB will need to cross above the 200-day SMA and make a decisive close. If it does, we’ll know that the long-term trend is officially “let’s party” bullish.
As if that wasn’t enough, the RSI is also showing signs of bullish momentum, confirming that SHIB is ready for a little more moon action. Who doesn’t love a good rally? 🚀
If SHIB manages to break the $0.000018 level, next up is $0.000020, where the market cap could hit a jaw-dropping $11.78 billion. Can we get a “wow” from the crowd?
Open Interest Hits Three-Month High: So Much Confidence, It’s Almost Shady
Guess what? Shiba Inu’s open interest has hit a three-month high at $228 million. Traders are feeling pretty confident about this one. Coinglass data shows that more and more people are piling in, showing they believe in this token’s continued rise. It’s like everyone suddenly remembers Shiba Inu exists again—welcome to the party!
So, here we are. With bullish signals aligning like stars in the meme-coin constellation, it’s safe to say that Shiba Inu’s uptrend is far from over. Keep an eye on that 200-day SMA of $0.000018 because once SHIB breaks through, the next stop might just be outer space. Well, at least the $0.000020 level!
Read More
- How to use a Modifier in Wuthering Waves
- 50 Goal Sound ID Codes for Blue Lock Rivals
- Mistfall Hunter Class Tier List
- Ultimate Myth Idle RPG Tier List & Reroll Guide
- 50 Ankle Break & Score Sound ID Codes for Basketball Zero
- Lucky Offense Tier List & Reroll Guide
- WIF PREDICTION. WIF cryptocurrency
- Unlock All Avinoleum Treasure Spots in Wuthering Waves!
- Basketball Zero Boombox & Music ID Codes – Roblox
- Ultimate Half Sword Beginners Guide
2025-05-10 10:30