Latest Shiba Inu (SHIB) Price Analysis

By CMC AI
28 August 2025 03:01PM (UTC+0)

Why is SHIB’s price up today? (28/08/2025)

TLDR

Shiba Inu rose 1.02% in the past 24h, aligning with a broader altcoin uptick. Key drivers: whale accumulation, Shibarium upgrades, and technical resilience.

  1. Whale accumulation – 132B SHIB withdrawn from exchanges, signaling confidence.

  2. Shibarium upgrades – Auto-burn integration and DeFi toolkit enhancements.

  3. Technical support – Price stabilized above $0.00001250, avoiding breakdown.

Deep Dive

1. Whale Accumulation (Bullish Impact)

Overview: A whale moved 132.3B SHIB ($1.66M) from Coinbase to cold storage on August 19, 2025 – the largest single-day outflow in weeks. This follows a pattern of reduced exchange supply (-589M SHIB since June 2025).

What this means: Large withdrawals reduce immediate sell pressure, historically preceding price rallies. The same whale accumulated 73.7B SHIB at $0.0000126 earlier in August, creating a local support zone.

What to watch: If this wallet remains inactive, it suggests long-term holding. Sudden deposits back to exchanges would signal profit-taking.


2. Shibarium Ecosystem Upgrades (Mixed Impact)

Overview: The August 18 Shibarium upgrade introduced real-time SHIB burns for DeFi actions (swaps, liquidity provisioning) and precision liquidity pools. However, daily burns plunged 98.89% to 223K SHIB post-upgrade.

What this means: While the auto-burn mechanism improves long-term scarcity, the initial burn slowdown disappointed traders. Conversely, the unified DeFi toolkit (staking, bridging, swapping) could attract new users – Shibarium transactions rebounded to 3.65M/day after a 22% dip.

Key metric: Shibarium’s TVL, currently $2.3M – a breakout above $5M would confirm utility growth.


3. Technical Resilience (Neutral/Bullish)

Overview: SHIB defended the $0.00001250 support level (50-day EMA) despite Bitcoin’s pullback below $115K. The MACD histogram turned less bearish (-0.0000000389), and RSI (46.42) avoided oversold territory.

What this means: Holding above $0.00001250 suggests sellers are exhausted. A symmetrical triangle pattern on the daily chart implies a 12% move either way – a break above $0.00001320 could target $0.00001480 (200-day EMA).

Critical level: A close below $0.00001200 (July low) would invalidate the bullish structure.


Conclusion

SHIB’s gains stem from strategic whale positioning, Shibarium’s evolving utility, and technical buy signals at key support. However, weak burns and flat global crypto volumes (+0.93%) limit upside potential.

Key watch: Can SHIB capitalize on the rising Altcoin Season Index (+28% monthly) if Bitcoin dominance (57.49%) softens? Monitor the $0.00001320 resistance and Shibarium’s adoption metrics this week.

Why is SHIB’s price down today? (26/08/2025)

TLDR

Shiba Inu fell 0.57% to $0.0000123 in the last 24h, reflecting bearish technical signals and cooling network activity.

  1. Technical Breakdown – Price dipped below critical support at $0.00001224 (20-day EMA)

  2. Burn Rate Collapse – SHIB token burns plunged 98.89% to 223,914 SHIB, weakening deflationary pressure

  3. Liquidation Shock – $111,840 in long positions liquidated hourly amid a 699,000% imbalance

  4. Shibarium Slump – Layer-2 transactions dropped 22% to 3.65M, signaling reduced ecosystem engagement


Deep Dive

1. Technical Weakness (Bearish Impact)

Overview: SHIB broke below its 20-day EMA ($0.00001224) and Fibonacci 23.6% retracement ($0.00001372), triggering automated sell orders. The MACD histogram turned negative (-0.0000000358), and RSI14 (42.08) shows weakening momentum.

What this means: Technical traders interpreted the breakdown as a loss of bullish structure, prompting short-term exits. The pivot point at $0.000012345 now acts as resistance, with bears targeting the July low of $0.00001164.

What to watch: A close above $0.00001300 could invalidate the bearish setup, while failure to hold $0.00001164 risks a 5% drop to $0.00001100 (Coinspeaker).


2. Burn Rate Collapse (Bearish Impact)

Overview: SHIB’s daily burn rate crashed 98.89% to 223,914 tokens on August 19 – the lowest since July – compared to 21.6M burned on August 18.

What this means: Reduced burns slow SHIB’s supply reduction (589T circulating), diminishing a key bullish narrative. Combined with a 50% drop in spot volume to $206M, it reflects waning retail participation.

What to watch: Sustained burns below 1M/day could extend selling pressure. The community-driven burn mechanism needs reactivation to restore confidence.


3. Liquidation Cascade (Bearish Impact)

Overview: A $111,840 hourly liquidation event on August 19 saw 699,000% more longs than shorts liquidated as SHIB fell 1.92% (U.Today).

What this means: Overleveraged longs betting on a rebound were squeezed, amplifying downside momentum. SHIB’s 5.2% 24h volatility remains elevated, increasing position risk.

What to watch: Derivatives data – SHIB’s open interest rose 13.5% to $287M despite the drop, suggesting traders are re-entering at lower levels.


Conclusion

SHIB’s dip stems from technical triggers, fading deflationary dynamics, and leveraged traders unwinding positions. While whale accumulation (132B SHIB moved off Coinbase) hints at potential stability, the token needs renewed burns and Shibarium activity to reverse sentiment.

Key watch: Can SHIB reclaim $0.00001300 ahead of Shibarium’s LEASH v2 upgrade? Monitor burn rates and exchange netflows for accumulation signals.

CMC AI can make mistakes. Not financial advice.
SHIB
Shiba InuSHIB
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$0.00001249

0.63% (1d)