Shiba Inu has endured a turbulent year, marked by lackluster performance and sudden shifts in market momentum. Over the past twelve months, the asset delivered only a modest 3.43% gain, disappointing many long-term holders.
Despite this stagnation, recent movements have sparked renewed optimism. The token currently sits near a $7.7 billion market cap, showing a 10% rise over the past month, a 4% increase over the last week, and a 2% gain in the most recent 24 hours.
These short-term upticks suggest that Shiba Inu may be regaining momentum after a prolonged slump. However, this recovery comes on the heels of a sharp correction that erased billions in value, pulling the market cap down from nearly $9 billion to around $7.6 billion in a matter of days.
Such volatility underscores both the risks and opportunities associated with trading Shiba Inu. For traders, the latest rebound signals a potential opening to capitalize on shorter-term moves, particularly as technical indicators begin aligning in favor of an upward trend.
This article presents a Shiba Inu price prediction from a crypto expert on the Cryptonews YouTube channel, with the full video available below. It also highlights Pepenode’s presale as a stronger buy than $SHIB.
Shiba Inu’s Shibarium Hit by $3M Exploit as Shytoshi Kusama Breaks Silence
Shiba Inu’s Layer 2 network, Shibarium, was recently targeted in a flash loan exploit that drained nearly $3 million through its Ethereum bridge. Developers believe the attacker had been preparing for months.
The hacker borrowed 4.6 million BONE, Shibarium’s governance token, and compromised 10 of 12 validator keys, gaining control of the consensus system.
This allowed them to move 224.57 ETH and 92.6 billion SHIB to their own wallet, while also stealing about $700,000 worth of KNINE from K9 Finance DAO. Other assets, including LEASH, ROAR, TREAT, BAD, and SHIFU, were affected but remain untouched.
In the aftermath, Shiba Inu’s lead figure Shytoshi Kusama resurfaced, reassuring the community of his trust in lead developer Kaal Dhairya and clarifying that his silence did not mean inaction.
Following the exploit, the team paused staking and unstaking to contain damage, though the attack has raised questions about Shibarium’s security and future.
Shiba Inu Price Prediction
A shift in leadership can act as a turning point, and for $SHIB, it may restore investor optimism as momentum builds for the next rally. From a technical perspective, Shiba Inu’s recent behavior offers several bullish signals.
Fibonacci retracement levels suggest that the asset has successfully crossed the critical 0.5 mark, a move often interpreted as confirmation of a trend reversal. This development, coupled with the recovery from its steep 12% decline, indicates that $SHIB could be entering a more sustainable uptrend.
Momentum indicators, including moving averages and stochastic oscillators, are also supporting the case for continued growth. Analysts highlight the potential for near-term gains of 1% to 2%, with the possibility of a broader 10% move if buying pressure remains consistent.
The presence of strong support levels further reduces the likelihood of Shiba Inu breaking below the $7 billion market cap in the near future. For traders, this presents an opportunity to enter carefully timed long positions and ride the recovery wave.
Patience and attention to resistance zones will be crucial, but the path forward suggests Shiba Inu may still deliver significant upside in the weeks ahead. For those looking to get involved, here’s a guide on how and where to buy Shiba Inu safely and easily.
Pepenode Presale Nears $1.3M as Investors Eye Fresh Opportunity Beyond Shiba Inu
While Shiba Inu shows signs of recovery, a new project called Pepenode has emerged as a potential alternative for investors seeking fresh opportunities. Pepenode introduces a unique GameFi concept built around a virtual server room where users can purchase, upgrade, and manage digital nodes that simulate mining operations.
By engaging in this gamified ecosystem, participants earn rewards in cryptocurrency, blending entertainment with tangible value generation. The project has already raised nearly $1.3 million during its presale phase, signaling strong early demand and growing community interest.
Unlike traditional meme coins that rely heavily on speculative hype, Pepenode incorporates functional gameplay and utility, which could provide a stronger foundation for long-term adoption.
Its Pepe-themed branding taps into the cultural appeal that drives meme coin success, while its audited infrastructure enhances credibility in an often volatile sector. With significant traction already underway, Pepenode may represent one of the most promising new entrants in the meme coin market.
For investors weighing the risks of Shiba Inu’s volatility, Pepenode stands out as a fresh alternative capable of delivering both innovation and high-growth potential. To take part in the $PEPENODE token presale, visit pepenode.io.
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