Shiba Inu (CRYPTO: SHIB) has gained over 37% in the past month, driven by soaring transaction volume, increased network activity, and a series of aggressive token burns.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001559 | $9.2 billion | +14% |
| Dogecoin | (CRYPTO: DOGE) | $0.2716 | $40.8 billion | +32.8% |
| Pepe | (CRYPTO: PEPE) | $0.00001408 | $5.9 billion | +12.6% |
Trader Notes: Crypto trader CW predicts a smooth rally toward $0.000028 if Shiba Inu decisively breaks through the $0.0000175 resistance, a key supply zone currently acting as a sell wall.
Friedrich, another prominent trader, said SHIB looks "primed for breakout," especially as Ethereum gains momentum. He expects a retest of all-time highs and advises spot accumulation, warning against excessive leverage.
Statistics: Shibburn data shows 1.19 million SHIB were burned in the past 24 hours.
Shibarium data shows daily transactions increasing from 4.58 million to 4.67 million in a single day.
While large transaction volume dropped 43.86%, daily active addresses climbed 11.9%. 46% of SHIB holders are in profit, and another 4% are at breakeven, an improved ratio thanks to the 37% monthly price surge.
Coinglass data shows Shiba Inu open interest spiked 12.3% to $326.7 million, the highest since early Febuary. Derivatives trading volume expanded 75.6% in a single day.
Community News: Lead developer Shytoshi Kusama's latest AI whitepaper paints a vision of an AI-dominated future, warning that humans may not be the winners.
He asserts SHIB is strategically positioned across multiple sectors, making it a "resilient asset" in an AI-controlled world. Kusama also classifies six types of AI domination in the paper.
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