Shiba Inu price prediction is once again in focus as SHIB trades at $0.00001312, gaining 1.45% in the past day.
The meme coin remains the 23rd largest cryptocurrency with a market cap of $7.73 billion, although daily trading volume slipped by more than 13% to $218 million.
Analysts are watching closely as SHIB tests its 200-day simple moving average (SMA), a key indicator for long-term trend reversals.
While technical signals point to possible strength, broader concerns around hype fatigue and tokenomics continue to weigh on its outlook.
At the same time, investors are exploring fresh meme coin opportunities such as Pepenode, which has already crossed $979,000 in presale funding and is generating strong interest with its unique staking model.
Why the Shiba Inu Hype Has Faded
The slowdown of SHIB’s momentum is linked to several overlapping factors.
First, the meme coin arena has become increasingly competitive, making it harder for Shiba Inu to capture market share the way it once did. Second, token burn mechanics have delivered underwhelming results.
Despite burning over 410 trillion SHIB tokens since 2021, the circulating supply still hovers around 589 trillion, meaning the impact of burns on price remains minimal.
Finally, regulatory pressures and shifting investor sentiment have created an environment where speculative tokens find it difficult to thrive without powerful catalysts.
All of this has left Shiba Inu fighting to maintain relevance while newer projects emerge with fresh narratives.
Shiba Inu Tests the 200-Day SMA
Shiba Inu is currently pressing against its 200-day SMA, climbing from $0.00001287 to $0.00001312 in the last 24 hours.
Support has formed near $0.00001270, while short-term resistance stands around $0.00001316. Trading volumes surged to 943.1 billion tokens, reflecting renewed activity among both retail and institutional traders.
A confirmed breakout above the 200-day SMA could set the stage for a stronger bullish phase, but failure to hold the level risks another rejection that would drag the price back toward its recent support zone.
Technical Signals Suggest Renewed Interest
Several indicators highlight that Shiba Inu still has meaningful market participation. Burn activity jumped more than 1,600% in 24 hours, with 1.3 million SHIB destroyed.
Shibarium, the project’s layer-2 solution, recorded over 1.2 million daily transactions, showing steady network engagement.
Derivatives data also revealed an increase in SHIB open interest by 4%, pointing to growing institutional involvement.
While these signals are promising, the challenge remains whether they can be sustained long enough to trigger a major upward breakout instead of another short-lived rally.
Market Outlook for SHIB
The immediate question for traders is whether SHIB can secure a clear close above the 200-day SMA.
If confirmed, momentum could build toward higher resistance zones and reignite confidence in the token’s upside potential.
If not, Shiba Inu risks slipping back into consolidation, leaving holders waiting for the next catalyst.
With supply dynamics still unfavorable and investor fatigue weighing heavily, SHIB’s recovery path is far from guaranteed.
Its performance in the coming days will depend on whether trading interest continues to build or fades under pressure.
Pepenode Emerges as an Alternative Bet
While Shiba Inu wrestles with resistance levels and fading hype, Pepenode has become one of the most closely watched presales in the meme coin sector.
The project has already raised nearly $1 million, with tokens priced at just over $0.00105 ahead of the next price rise.
Unlike traditional meme tokens, Pepenode introduces a gamified mining system where users can build a virtual mining rig without hardware.
Combined with staking rewards exceeding 1400% annually, the project offers investors both novelty and strong yield mechanics.
As capital searches for new meme coin narratives, Pepenode is positioning itself as an early-stage opportunity that could attract momentum while older projects like SHIB face tougher headwinds.
