Shiba Inu Wallet Surges, Will SHIB Reach a New Peak?

Updated

June 11, 2025

Gambar Shiba Inu Wallet Surges, Will SHIB Reach a New Peak?

Jakarta, Pintu News – The cryptocurrency market is always full of unpredictable dynamics, and one token that is attracting attention is Shiba Inu .

Despite the price drop in recent days, the number of wallets holding SHIBs has reached a new record high, indicating increased trust and adoption among investors.

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Increased Optimism among Investors

Despite the decline in value of Shiba Inu (SHIB), the number of wallets holding the token has reached 1,511,101. This signifies significant growth, covering approximately 0.011% of the global population.

Lucie, Shiba Inu’s head of marketing, who has 168,200 followers, recently expressed optimism about SHIB’s future, backed by strong statistics.

🚨 SHIB HOLDERS HIT NEW ATH! 🚨
1,511,101 wallets now hold $SHIB — that’s 0.011% of global population.

The army is growing. The mission is alive. 🔥 pic.twitter.com/DNI9LhgpCt
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 9, 2025

This increase in the number of wallets shows not only investor confidence but also the potential for wider adoption in real applications.

With more people holding SHIBs, there is an expectation that this will have a positive impact on their price in the future. The question that arises is how much influence this growth will have on the value of SHIBs this quarter.

Also read: For the First Time, Charles Hoskinson Launches Bitcoin DeFi that Can Be Used on Cardano!

Technical Analysis Shows Bullish Signals

From a technical analysis perspective, Shiba Inu (SHIB) is showing some encouraging signals. The Simple Moving Average (SMA) is currently very close to the SHIB price chart, indicating a high probability of a positive crossover.

shiba inu analysis — Source: Crypto Times

This could be an early indicator that SHIB may experience a price increase in the near future. Also, the Relative Strength Index (RSI) has experienced a bullish reversal above the oversold range and is now heading towards the neutral trend line.

With the current value at 42.17 (Neutral), the RSI shows a positive convergence with its average trend line. This signals increased bullish activity for SHIB in the market.

SHIB’s Future Price Potential

Given the current trend and market sentiment, Shiba Inu (SHIB) price could retest the immediate resistance levels at $0.00001340 and $0.00001975. If the bullish price rally continues, SHIB could reach the February high of $0.00002250. With sudden increased adoption, the value of SHIB could even surpass the $0.00002575 mark.

However, it is important to note that critical support for the SHIB price remains at $0.00001065. This is an important price point that investors should keep an eye on to understand the next market direction for the second-largestecoin.

Conclusion

With a growing wallet count and encouraging technical signals, the future of Shiba Inu (SHIB) looks bright. Investors and market watchers will continue to monitor these indicators to make informed investment decisions. Will SHIB reach a new peak?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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