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Shiba Inu, once dismissed as another meme token, is now at the center of serious speculation on the markets. Despite falling recently, the token is showing strong signs of strength . Its value is now at $0.00001291, a level just above a pivotal $0.000012500, and bulls are optimistic. Development of a falling wedge on a 1-day chart, a pattern that typically suggests a bullish reversal. Since December 2024, SHIB has been on this downtrend, with progressively lower highs and lows. Now, though, it’s knocking on a breakout point at approximately $0.0000129. A breakout above this line can spark an 80% rally , with prices aiming for a push higher towards $0.000023. If that occurs, investors can expect a powerful trend fueled by technical signals as well as firm community momentum. In the past few days, a new wave of whale activity has fueled the fire. Wealthy investors have transferred 7.49 trillion SHIB tokens through large transactions—the biggest volume ever recorded over a two-month period. Such renewed whale interest has caught the attention of analysts on all sides. Meanwhile, SHIB’s burn rate has jumped by a staggering 774273.92%% in just 24 hours, according to Shibburn . Over $18.7 million worth of tokens have been permanently removed from circulation. That brings the total number of SHIB burned to 410.7 trillion, cutting the total supply down to about 589 trillion. In the short term, that tightening of supply could trigger further price appreciation. The community isn’t stopping there. A recent surge in the burn rate of over 62,000% resulted in over 500 million SHIBs getting burned. As long as the burning mechanism is active, it may put constant upward pressure on the value of the token. Analyst CryptoELITES has been especially bullish. According to him, SHIB could eventually witness a 17x rally. While that kind of move is still a long shot, current levels suggest a steady buildup. SHIB is holding between $0.0000125 and $0.00001365 but faces a major resistance wall at $0.000014. Around 236 billion tokens have been parked there, and bulls need to break through. If they do, another roadblock lies between $0.000014 and $0.000019, where an enormous 548 trillion SHIB tokens sit. These zones could define the next leg of SHIB’s journey. Failure to break out, however, could send the token back down toward $0.0000115. One of the long-term drivers of SHIB is the launch of Shibarium . It’s a Layer 2 solution that will reduce gas fees and accelerate transactions. With greater scalability and utility on the SHIB network—especially for gaming and decentralised finance—Shibarium can bring on new users and applications.

This chart shows the percentage of long-term holders across major crypto assets. The leaders may surprise you: 1. $LTC | Litecoin - 77.7% 2. $LINK | Chainlink - 77.5% 3. $SHIB | Shiba Inu - 75.8% All ahead of $BTC and $ETH. Over 60% of $TRX and $AVAX holders also show long-term conviction.

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Meme coins continue to dominate speculative trading in the crypto market, with Shiba Inu (SHIB) and Dogecoin (DOGE) being the frontrunners in the battle for dominance. Both coins have seen exponential gains in past bull cycles, fueling investor hopes for another massive surge. As market volatility increases, traders are wondering which coin—SHIB or DOGE—has a higher chance of delivering 1000x returns in the next 60 days. This article examines their price action, technical indicators, and market catalysts to determine which meme coin could be the ultimate winner. Dogecoin has been on a downward trajectory after reaching its peak during the last bull run. However, the price is showing signs of stabilization, currently trading at approximately $0.1765. The Relative Strength Index (RSI) sits at 37.44, suggesting that DOGE is nearing oversold territory, which could trigger a reversal. Additionally, the MACD line is beginning to flatten, indicating that selling pressure may be easing. Historically, DOGE price has relied heavily on social media hype and endorsements from Elon Musk to fuel parabolic rallies. If sentiment shifts and accumulation increases, DOGE could see a strong upward move. The key resistance to watch is $0.25, while a failure to hold support at $0.15 could push the price lower. Shiba Inu has also struggled in recent months, with its price hovering around $0.0000129. However, the RSI at 43.35 suggests that SHIB has more room to recover before entering overbought conditions. The MACD histogram is showing early signs of bullish divergence, hinting at a potential price reversal. SHIB’s ecosystem developments, such as the Shibarium Layer-2 solution and the growing adoption of SHIB-based payments, could drive renewed interest. If SHIB price manages to break above the $0.000015 resistance, it could see a rapid climb toward the next major psychological level of $0.00002. On the downside, a break below $0.00001 could invalidate bullish momentum and lead to further consolidation. While both SHIB price and DOGE price have the potential for major gains, achieving a 1000x return within 60 days is an extremely ambitious target. Dogecoin has a higher market cap, making it harder to experience explosive moves compared to smaller-cap coins like SHIB. Shiba Inu , with its aggressive burn mechanisms and ecosystem expansion, has a better chance of making significant percentage gains in a shorter period. However, both coins require a strong catalyst, such as a major exchange listing, institutional adoption, or viral social media hype, to experience the type of gains speculators hope for. Dogecoin remains the more established and widely recognized meme coin, benefiting from mainstream adoption and billionaire endorsements. On the other hand, Shiba Inu has a more active development team and a growing ecosystem that could fuel long-term growth. Traders looking for safer meme coin exposure may favor DOGE, while those willing to take a higher risk for potential higher rewards may prefer SHIB. Ultimately, while meme coins are known for their unpredictability, investors should manage expectations and exercise caution, as 1000x gains within 60 days remain a speculative fantasy unless an unprecedented event triggers a parabolic rally.

According to a recent update from PR Newswire, in a strategic move signaling its commitment to revolutionizing digital finance, the EOS Network has announced its rebranding to Vaulta. This transition marks the culmination of extensive development and market analysis, positioning Vaulta at the forefront of the emerging Web3 banking sector . Vaulta aims to integrate Web3 technology with traditional financial systems, creating a secure, scalable, and inclusive financial ecosystem. This integration seeks to unlock the potential of decentralized assets like Bitcoin, paving the way for a more decentralized financial landscape. Yves La Rose, Founder and CEO of the Vaulta Foundation, emphasized that this transformation represents more than just a name change—it’s a decisive step toward delivering open, accessible financial services for all: This transformation represents more than just a name change; it’s a decisive step forward in our mission to deliver open, accessible financial access for everyone. Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach. Web3 has the potential to reshape global finance, and Vaulta is at the forefront of this evolution. To bridge the gap between traditional finance and decentralized infrastructure, Vaulta is establishing the Vaulta Banking Advisory Council. This council comprises experts from both banking and Web3 sectors, including notable figures such as Lawrence Truong, CEO of Systemic Trust, and Alexander Nelson, Senior Director of Digital Finance at ATB Financial. Vaulta plans to leverage strategic partnerships with industry leaders like Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. to expand its Web3 banking ecosystem. The announcement of the rebranding has garnered significant attention within the cryptocurrency community. As of March 19, 2025, EOS (now transitioning to Vaulta) is trading at approximately $0.63, with a 24-hour trading volume of around $412.26 million, positioning it as the 66th largest cryptocurrency by market capitalization. In a related update by CNF, Shiba Inu (SHIB) and the UAE Ministry of Energy have signed a historic Web3 partnership. In the context of the evolving digital finance landscape, SHIB has experienced notable market activity. As of now, SHIB is trading at approximately $0.00001259, reflecting a slight decrease of 0.79% in the past day and increase of 2.82% in the past week. See SHIB price chart below.