{"id":386062,"date":"2025-03-31T17:57:44","date_gmt":"2025-03-31T12:27:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/shiba-inu-signal-points-to-price-soaring-175-as-shib-hits-a-1-5m-milestone-crypto-news\/"},"modified":"2025-03-31T18:01:52","modified_gmt":"2025-03-31T12:31:52","slug":"shiba-inu-signal-points-to-price-soaring-175-as-shib-hits-a-1-5m-milestone-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inu-signal-points-to-price-soaring-175-as-shib-hits-a-1-5m-milestone-crypto-news\/","title":{"rendered":"Shiba Inu Signal Points to Price Soaring 175% as SHIB Hits a 1.5M Milestone &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Shiba Inu price remains in a freefall as investors remain fearful ahead of Donald Trump\u2019s Liberation Day tariff implementations. The coin has crashed for five days, erasing most gains made earlier this month, and moving to its March 14 low. Fundamentals, including the rising number of holders, and its technicals point to a big surge.<\/span><\/p>\n<h2><strong>Shiba Inu Price Could Rise as Holders Reach 1.5 Million<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">On-chain data show that the number of Shiba Inu coin holders has continued rising even as the coin crashed from $0.00003341 to $0.00001200.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data shows that the number of SHIB holders has <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/etherscan.io\/token\/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE#balances\"><span style=\"font-weight: 400;\">crossed the important 1.5 million<\/span><\/a><span style=\"font-weight: 400;\"> milestone, making it one of the most held coins in the market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This growth is mostly because Shiba Inu has some of the best fundamentals in the meme coin industry. It is highly deflationary, with the number of SHIB coins in circulation being 584 trillion, down from 999 trillion since its inception.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/can-shiba-inu-price-hit-0-01-as-shib-burn-rate-rockets-500\/\"><span style=\"font-weight: 400;\">SHIB burb rate jumped<\/span><\/a><span style=\"font-weight: 400;\"> by 750% on Monday to 17.1 million. Just last week, two SHIB holders burned 1 billion SHIB tokens in separate transactions. Token burns help to boost a coin value by making the remaining ones rarer.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Shiba Inu also unveiled Shibarium, a layer-2 network whose transactions are nearing 1 billion, and the number of <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.shibariumscan.io\/stats\"><span style=\"font-weight: 400;\">addresses has soared to 193.5 million<\/span><\/a><span style=\"font-weight: 400;\">. Recent data shows that the total value locked in Shibarium<\/span> <span style=\"font-weight: 400;\">has soared by over 20% in the 30 days.<\/span><\/p>\n<figure id=\"attachment_246729\" aria-describedby=\"caption-attachment-246729\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246729\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-scaled.jpeg\" alt=\"Shibarium Stats\" width=\"2560\" height=\"624\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-scaled.jpeg 2560w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-300x73.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-1224x298.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-768x187.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-1536x375.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-2048x499.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shibarium-stats-1-150x37.jpeg 150w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/noscript><figcaption id=\"caption-attachment-246729\" class=\"wp-caption-text\">Shibarium Stats<\/figcaption><\/figure>\n<h2><strong>SHIB Price Signal Points to a Surge<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The daily chart paints a gloomy picture of the SHIB price. It peaked at $0.00003341 in December and has now plunged by over 63%. Its attempts to recover have faced substantial resistance, with the most recent one being at $0.00001565, where it formed a shooting star candlestick, a popular bearish sign.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, a closer inspection shows that the Shiba Inu price has formed some bullish patterns that point to an eventual recovery. It formed a falling wedge pattern between November and mid-March this month.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SHIB moved slightly above the upper side of the wedge pattern and reached a high of $0.00001566. The recent drop, therefore, is likely part of the break-and-retest pattern, where an asset retests a key level. In this case, it wants to retest the upper line of this wedge.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most notably, Shiba Inu price is at a key level where it has failed to move below since July last year. That is a sign that it has formed a quadruple bottom whose neckline is at $0.00003340.<\/span><\/p>\n<figure id=\"attachment_246730\" aria-describedby=\"caption-attachment-246730\" style=\"width: 3574px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246730\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Shiba Inu Price Chart\" width=\"3574\" height=\"1986\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4.png 3574w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-300x167.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-1224x680.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-768x427.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-1536x854.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-2048x1138.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-150x83.png 150w\" data-lazy-sizes=\"(max-width: 3574px) 100vw, 3574px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246730\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4.png\" alt=\"Shiba Inu Price Chart\" width=\"3574\" height=\"1986\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4.png 3574w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-300x167.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-1224x680.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-768x427.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-1536x854.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-2048x1138.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Shiba-Inu-Price-4-150x83.png 150w\" sizes=\"auto, (max-width: 3574px) 100vw, 3574px\"\/><\/noscript><figcaption id=\"caption-attachment-246730\" class=\"wp-caption-text\">Shiba Inu Price Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Therefore, the coin will likely bounce back as bulls target last December\u2019s high of $0.00003340, up by 175% above the current level. A drop below the key support at $0.00001080 will invalidate the bullish <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/shiba-inu-shib-price-prediction\/\"><span style=\"font-weight: 400;\">Shiba Inu forecast<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tFundamentals and technicals point to more upside in the coming months. It has formed a falling wedge pattern, while the number of holders has soared to over 1.5 million.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tThe coin has formed a quadruple bottom pattern and a falling wedge, pointing to a strong comeback in the near term.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tIt has formed some bullish catalysts, including the rising burn rate and the strong growth of Shibarium.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/246728-2shiba-inu-signal-points-to-price-soaring-175-as-shib-hits-a-1-5m-milestone\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/246728-2shiba-inu-signal-points-to-price-soaring-175-as-shib-hits-a-1-5m-milestone\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/9c00a0d8f607df1fb2a16654cfb39a67?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/9c00a0d8f607df1fb2a16654cfb39a67?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/9c00a0d8f607df1fb2a16654cfb39a67?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/9c00a0d8f607df1fb2a16654cfb39a67?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>crispus  <\/p>\n<\/p><\/div>\n<p>Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex,  SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu price remains in a freefall as investors remain fearful ahead of Donald Trump\u2019s Liberation Day tariff implementations. The coin has crashed for five days, erasing most gains made earlier this month, and moving to its March 14 low. Fundamentals, including the rising number of holders, and its technicals point to a big surge. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":386063,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-386062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/386062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=386062"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/386062\/revisions"}],"predecessor-version":[{"id":386064,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/386062\/revisions\/386064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/386063"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=386062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=386062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=386062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}