Shiba Inu (SHIB), the meme coin featuring a dog emblem, is experiencing a notable shift in holder behavior, which may indicate the early stages of a broader market rebound. During the weekend, SHIB posted a 25% price increase, leaving even experienced analysts struggling to provide a clear explanation.
A Balanced View of Shiba Inu’s Recent Recovery
Shiba Inu’s price movement has diverged from the broader, often volatile crypto market, driven by a blend of speculative derivatives activity and renewed enthusiasm for several SHIB‑focused Web3 projects. Recently, a Shibarium development team member named Mazrael announced initiatives to restore Shiba Eternity.
Another possible driver of the sharp increase is the swift decline of SHIB holdings on cryptocurrency exchanges. An increasing number of investors are moving their tokens to self‑custodied wallets, indicating a clear preference for personal control over exchange storage.
Currently, the circulating supply stands at 86.2 trillion tokens—its lowest level ever—having dipped just below 86 trillion. About a month ago the figure was nearer 88 trillion, suggesting an accelerated outflow of tokens since July. Should this pattern persist as SHIB approaches the $0.00000500 resistance level, a unprecedented supply squeeze may emerge.
Such dynamics are generally positive when demand for the token remains strong. While perpetual futures have reflected this demand, the spot market has also risen more than 100% over the past day. Trading volume reached $265 million in the last 24 hours, propelling SHIB back to the 30th position in global crypto rankings according to CoinGecko. The token’s market capitalization is now $2.94 billion.
SHIB Gains Momentum, Outperforming Competitors
Although Shiba Inu’s trading volume now exceeds that of Sui (SUI) by a factor of five, it still lags behind HBAR’s $35 million in comparable periods. The gap between SHIB and Hedera Hashgraph (HBAR) in market capitalization remains under $100 million, and the project is working to eliminate the extra decimal place in its price.
The previous occurrence took place in November 2025. If SHIB successfully reclaims the $0.00000500 level, it could replicate the rally seen in Autumn 2025. Technical indicators are aligning, including a robust bullish signal from the SuperTrend, increased whale activity, and renewed interest in ecosystem applications.
Readers are invited to reflect on their outlook after reviewing the article.
