‘Dogecoin Killer’ Shiba Inu Jumps 6%: What Is Going On?
Posted On April 26, 2025
Shiba Inu’s (CRYPTO: SHIB) significant rally over the past seven days and a new Shibarium DappStore launch could lead to a bullish run for the meme coin, traders are speculating.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Shiba Inu (CRYPTO: SHIB) | $0.00001399 | $8.2 billion | +6.1% | +16% |
Dogecoin (CRYPTO: DOGE) | $0.1812 | $27 billion | +4% | +16.2% |
Pepe (CRYPTO: PEPE) | $0.058775 | $3.7 billion | +2.2% | +22.6% |
Trader Notes: Crypto trader InvestingHaven points to a W-pattern forming on SHIB’s chart, a classic bullish reversal signal.
With strong support at $0.000012345 holding firm, the long-term setup is looking increasingly favorable. If the pattern confirms, it could unlock a significant breakout.