Shiba Inu Price Prediction: Whales Are Buying In Bulk, SHIB May Rise 110%

Benefiting from a 29.2% rise in the past month, Shiba Inu (SHIB) is leading a new round of meme coin market. With the formation of a double bottom pattern, a surge in whale positions, and the fermentation of topics around Shibarium and AI, analysts predict that SHIB is expected to rise by 110%, with a target price of $0.000029.

The double bottom pattern suggests a strong reversal, with a target price directly aiming at $0.000029

Market analyst Mary Emerald stated that SHIB is forming a typical "double bottom pattern," which is an important bullish signal from a technical perspective, indicating that the market is strongly accumulating and rejecting lower lows, thus initiating a new rising trend. She noted that this pattern supports a 110% increase in SHIB's price, targeting $0.000029.

Analyst Luckside Crypto also stated that SHIB is expected to first reach $0.000022 in the short term and continue to rise.

Currently, the SHIB price is consolidating around $0.00001548, while social heat has surged by 126%, indicating high community enthusiasm.

Whale increase the position rise 422%, on-chain signals continue to strengthen

According to crypto analyst Ayox ETH, the SHIB market is experiencing whale-level massive buying—buying a total of 18.1 trillion SHIB in one day, with a daily increase of up to 422%. This large-scale position increase is pushing the technical pattern towards a bullish tilt, suggesting that the price may soon start a new offensive.

Whales and institutional investors are refocusing on SHIB, mainly attracted by the Shibarium expansion plan and the prospects of AI integration applications.

The SHIB community continues to burn, aiming for the psychological barrier of $0.0001

At the same time, the SHIB community (SHIB Army) continues to relentlessly promote the "burn mechanism," aiming to boost the price target by reducing circulation. The market generally expects the price to reach the important psychological level of $0.0001.

Conclusion: Shiba Inu is integrating technical analysis, on-chain data, and community momentum, demonstrating strong rebound potential. With the support of Whale funds and AI ecosystem topics, SHIB is expected to lead the next round of memes market, and investors should pay close attention.