• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Interest in Shiba Inu Grows: Meme Coin on the Verge of Breakthrough

user avatar

by Giorgi Kostiuk

6 hours ago


The cryptocurrency market continues to consolidate, but Shiba Inu holders remain optimistic, hoping for a price breakout.

Shiba Inu Open Interest and Renewed Confidence

According to CoinGlass data, SHIB's open interest increased by 8.9% in the past 24 hours, indicating growing investor interest. Currently, holders have opened 9.18 trillion SHIB in derivatives contracts. SHIB's current price is $0.00001280, up by 1.23% over the last day.

Could SHIB Rise by 63%?

Gate.io leads in open contracts with 6.76 trillion SHIB. Analysts predict a potential 63% breakout based on indicators pointing to oversold conditions or imminent price reversals.

Analysis and Expert Opinions

Experts believe price stability and burn mechanisms could aid SHIB's recovery. The coming days will be pivotal for the coin's future trajectory.

Investors are closely monitoring Shiba Inu's dynamics, anticipating potential price breakthroughs. Upcoming developments may determine the future course of the meme coin.

0

Share

Other news

How Qubetics is Transforming Blockchain Interoperability

Qubetics creates a unified blockchain space, integrating diverse networks for smoother interaction.

user avatarGiorgi Kostiuk

9 minutes ago

XRP Price Prediction 2025: Will There Be a Breakthrough?

Analyzing XRP's potential for 2025 and discussing price trend prospects.

user avatarGiorgi Kostiuk

10 minutes ago

Kaito AI Faces Social Media Hack: What Happened?

Kaito AI's social media hack leads to market manipulation attempt and token security threat.

user avatarGiorgi Kostiuk

15 minutes ago

Bitcoin Open Interest Increase and Its Market Impact

Prices and weak demand push Bitcoin investors towards caution.

user avatarGiorgi Kostiuk

28 minutes ago

Qubetics: Opportunities and Prospects of the New Cryptocurrency

Qubetics offers innovative blockchain solutions with high ROI potential and real utility. Learn all about this project's aspects.

user avatarGiorgi Kostiuk

33 minutes ago

U.S. Regulators Under Pressure as Coinbase Demands Clarity

Coinbase seeks transparency from U.S. regulators, filing Freedom of Information Act requests for clarity on regulatory actions.

user avatarGiorgi Kostiuk

38 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.