• Shiba Inu (SHIB) is gaining momentum as exchange reserves plummet, signaling strong accumulation and reduced selling pressure.
• Shiba Inu’s ecosystem is expanding rapidly, with ShibaSwap’s trading volume surging 245% and analysts predicting a massive breakout.

Shiba Inu (SHIB) is making waves once again, with analysts predicting an explosive rally fueled by dwindling exchange reserves and a surge in ecosystem activity. The popular meme coin saw a 13% jump early Wednesday, reaching $0.00001564 and extending its weekly gains. However, the latest data suggests this might just be the beginning of a much larger breakout.

Plummeting Exchange Reserves Signal Accumulation

One of the strongest bullish indicators comes from CryptoQuant, which reports a massive decline in SHIB’s exchange reserves. At the start of 2025, centralized exchanges held around 135.3 trillion SHIB tokens. Fast forward to now, and that number has plunged to just 96 trillion. This sharp decline indicates that investors are moving their holdings off exchanges, reducing selling pressure and signaling confidence in SHIB’s long-term potential.

ShibaSwap’s Explosive Growth Fuels Bullish Sentiment

On-chain data further strengthens the bullish case, with Shiba Inu’s decentralized exchange, ShibaSwap, seeing a dramatic rise in activity. Over the past week, its trading volume has skyrocketed by 245%, reaching $10.09 million. The platform’s total value locked (TVL) has also surged from $2.98 million in February to a staggering $68 million. With liquidity pools expanding and more participants engaging with the ecosystem, SHIB’s decentralized finance (DeFi) landscape is thriving.

Chart Patterns and Analyst Predictions Point to Massive Gains

Technical analysts are taking note of SHIB’s breakout potential, with CryptoELITES highlighting the formation of a classic cup-and-handle pattern—historically a strong signal of significant price rallies. Based on this pattern, SHIB could soar by 12,000% to a target price of $0.0001831, with key resistance levels at $0.00003117 and $0.00008717 serving as crucial checkpoints.

Adding to the optimism, Shiba Inu’s lead strategist, Lucie, supports these bullish projections, indicating that SHIB’s price potential could be even higher. Meanwhile, analyst Javon Marks predicts a run toward $0.0001553, emphasizing Fibonacci extension levels that suggest SHIB has room for a much larger move. A climb to $0.000081 would represent a 415% gain, setting the stage for further upside.

Shiba Inu: The Perfect Storm for SHIB?

With exchange supply tightening, technical patterns aligning, and ecosystem expansion accelerating, all signs point to Shiba Inu gearing up for a significant price explosion. As of press time, SHIB is trading at $0.00001423, up 4.65% in the past 24 hours. If current trends continue, SHIB holders could be in for an exhilarating ride in the coming months.