Shiba Inu (SHIB) has been on an evident downtrend in the past several months, reflecting a broader cooling of enthusiasm among traders and investors.<\/p>\n
However, one popular analyst believes the meme coin has a chance to post a substantial price increase in the near future.<\/p>\n
SHIB saw a strong rebound over the weekend, climbing to $0.0000072, the highest point since late January. Its rise\u00a0coincided with a broader meme coin upswing\u00a0triggered<\/a> by news that X will soon allow users to\u00a0<\/span>trade stocks and cryptocurrencies directly from their timelines.<\/p>\n SHIB\u2019s revival was short-lived, and it is currently worth around $0.000006596, representing a 3% decline over the past 24 hours. According to renowned analyst Ali Martinez, however, the asset may be poised for another jump.<\/p>\n He noted<\/a> that SHIB has been pressing against the $0.0000067 resistance level. Should the token flip this area into support, Martinez believes it could open the door to a 50% rally to $0.0000099. Many X users who engaged with the post agreed with this potential scenario. Global Rashid, for instance, said<\/a>:<\/p>\n \u201cSHIB sitting right at decision time. Reclaim $0.0000067 as support and momentum shifts fast towards $0.0000099. Lose it, and this stays a range. Structure > hype.\u201d<\/p>\n Some indicators point toward the possibility of a short-term rally. Shiba Inu\u2019s burn rate has soared by 70% on a daily scale, resulting in more than three million tokens sent to a null address. While the USD equivalent of the destroyed stash is negligible, sustained efforts in that field can support price appreciation (especially if demand doesn\u2019t decline).<\/p>\n <\/a>SHIB Burn Rate, Source: shibburn.com<\/p>\n SHIB\u2019s exchange reserves are also worth observing. Recently, the number of coins stored on centralized platforms fell to a new five-year low, signaling that investors continue to shift toward self-custody, thereby reducing immediate selling pressure.<\/p>\n <\/a>SHIB Exchange Reserves, Source: CryptoQuant<\/p>\n Ali Martinez has been quite vocal about SHIB lately and, last week, outlined<\/a> a completely different prediction. At the time, the price of the meme coin dipped well below $0.00000667, and the analyst viewed this as a precursor to a severe 80% decline.<\/p>\n Another element suggesting that a sustainable rally for the meme coin is far-fetched is the fading interest from market participants. SHIB has generated trading volume of just $167 million over the past 24 hours, a figure that pales in comparison to activity seen in other popular altcoins, including Dogecoin (DOGE), Ripple (XRP), Solana (SOL), Cardano (ADA), and many more.<\/p>\n Shibarium\u2019s stalled progress is another worrying factor. Shiba Inu\u2019s layer-2 blockchain solution\u00a0was launched <\/a>in the summer of 2023 and is designed to foster ecosystem growth<\/span> by reducing transaction fees, improving speed, and enhancing scalability. At one point, daily transactions on the protocol were in the millions, but data show<\/a> that activity has dropped to zero over the last few weeks.<\/p>\n Shibarium\u2019s downfall appears to have begun in September last year, when its security was breached<\/a>. Several reports claimed that the attack was carried out using a flash loan to purchase 4.6 million BONE tokens. LUCIE (the pseudonymous marketing strategist for Shibarium) refused to characterize the incident as a hack and assured investors that their funds were safe.<\/p>\n The post Shiba Inu (SHIB) Could Explode by 50% But Under This Vital Condition<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Shiba Inu (SHIB) has been on an evident downtrend in the past several months, reflecting a broader cooling of enthusiasm among traders and investors. However, one popular analyst believes the meme coin has a chance to post a substantial price increase in the near future. What Needs to Happen? SHIB saw a strong rebound over […]<\/p>\n","protected":false},"author":0,"featured_media":135619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-135618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135618"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135618"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/135619"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Doom Scenario?<\/h2>\n
![<\/a>SHIB Burn Rate, Source: shibburn.com<\/p>\nSHIB\u2019s exchange reserves are also worth observing. Recently, the number of coins stored on centralized platforms fell to a new five-year low, signaling that investors continue to shift toward self-custody, thereby reducing immediate selling pressure.<\/p>\n<\/a>SHIB Exchange Reserves, Source: CryptoQuant<\/p>\nThe Doom Scenario?<\/h2>\nAli Martinez has been quite vocal about SHIB lately and, last week, outlined<\/a> a completely different prediction. At the time, the price of the meme coin dipped well below $0.00000667, and the analyst viewed this as a precursor to a severe 80% decline.<\/p>\nAnother element suggesting that a sustainable rally for the meme coin is far-fetched is the fading interest from market participants. SHIB has generated trading volume of just $167 million over the past 24 hours, a figure that pales in comparison to activity seen in other popular altcoins, including Dogecoin (DOGE), Ripple (XRP), Solana (SOL), Cardano (ADA), and many more.<\/p>\nShibarium\u2019s stalled progress is another worrying factor. Shiba Inu\u2019s layer-2 blockchain solution\u00a0was launched <\/a>in the summer of 2023 and is designed to foster ecosystem growth<\/span> by reducing transaction fees, improving speed, and enhancing scalability. At one point, daily transactions on the protocol were in the millions, but data show<\/a> that activity has dropped to zero over the last few weeks.<\/p>\nShibarium\u2019s downfall appears to have begun in September last year, when its security was breached<\/a>. Several reports claimed that the attack was carried out using a flash loan to purchase 4.6 million BONE tokens. LUCIE (the pseudonymous marketing strategist for Shibarium) refused to characterize the incident as a hack and assured investors that their funds were safe.<\/p>\nThe post Shiba Inu (SHIB) Could Explode by 50% But Under This Vital Condition<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Shiba Inu (SHIB) has been on an evident downtrend in the past several months, reflecting a broader cooling of enthusiasm among traders and investors. However, one popular analyst believes the meme coin has a chance to post a substantial price increase in the near future. What Needs to Happen? SHIB saw a strong rebound over […]<\/p>\n","protected":false},"author":0,"featured_media":135619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-135618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135618"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135618"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/135619"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/SHIB-Burn-Rate.png\"){kind=link}
![<\/a>SHIB Exchange Reserves, Source: CryptoQuant<\/p>\nThe Doom Scenario?<\/h2>\nAli Martinez has been quite vocal about SHIB lately and, last week, outlined<\/a> a completely different prediction. At the time, the price of the meme coin dipped well below $0.00000667, and the analyst viewed this as a precursor to a severe 80% decline.<\/p>\nAnother element suggesting that a sustainable rally for the meme coin is far-fetched is the fading interest from market participants. SHIB has generated trading volume of just $167 million over the past 24 hours, a figure that pales in comparison to activity seen in other popular altcoins, including Dogecoin (DOGE), Ripple (XRP), Solana (SOL), Cardano (ADA), and many more.<\/p>\nShibarium\u2019s stalled progress is another worrying factor. Shiba Inu\u2019s layer-2 blockchain solution\u00a0was launched <\/a>in the summer of 2023 and is designed to foster ecosystem growth<\/span> by reducing transaction fees, improving speed, and enhancing scalability. At one point, daily transactions on the protocol were in the millions, but data show<\/a> that activity has dropped to zero over the last few weeks.<\/p>\nShibarium\u2019s downfall appears to have begun in September last year, when its security was breached<\/a>. Several reports claimed that the attack was carried out using a flash loan to purchase 4.6 million BONE tokens. LUCIE (the pseudonymous marketing strategist for Shibarium) refused to characterize the incident as a hack and assured investors that their funds were safe.<\/p>\nThe post Shiba Inu (SHIB) Could Explode by 50% But Under This Vital Condition<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Shiba Inu (SHIB) has been on an evident downtrend in the past several months, reflecting a broader cooling of enthusiasm among traders and investors. However, one popular analyst believes the meme coin has a chance to post a substantial price increase in the near future. What Needs to Happen? SHIB saw a strong rebound over […]<\/p>\n","protected":false},"author":0,"featured_media":135619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-135618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135618"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135618"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/135619"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/SHIB-Exchange-Reserves-1-1.png\"){kind=link}