Shiba Inu Up 1.9% As Traders Eye Potential Rally

2026-01-02 12:42:09

⬤ Shiba Inu ticked up to around $0.00000760, gaining about 1.9% in recent trading. Traders are starting to talk about SHIB potentially gearing up for a “Pepe style pump”—the kind of sharp rally we’ve seen before with meme coins. The charts show SHIB bouncing off recent lows, with some pointing to possible upside momentum ahead.

⬤ After weeks of consolidation and decline, SHIB has been trying to find its footing near the $0.00000700 level. The recent bounce marks a short-term shift in sentiment, though the price is still sitting well below earlier resistance zones. Right now, the comparison to past meme-coin surges is more about trader speculation than any confirmed technical breakout.

⬤ Shiba Inu remains one of the most talked-about altcoins thanks to its massive retail following and history of wild price swings. The token has seen sharp volatility driven by liquidity shifts, momentum changes, and overall crypto market mood. While the modest recovery suggests renewed interest, traders will likely wait for sustained upward movement before calling it the start of a real trend.

⬤ What matters here is that meme tokens like SHIB often reflect broader market sentiment, especially when retail participation heats up. If SHIB can keep climbing, it could signal growing risk appetite across altcoins. But if the gains fizzle out, it might just highlight how fragile speculative flows still are—making liquidity, positioning, and momentum the key factors to watch in SHIB’s next move.

SHIB10,55%

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