Shiba Inu Gains Momentum: Will Rising New Addresses Help Recover September’s Losses?

Jakarta, Pintu News – Shiba Inu is starting to show signs of recovery after a sharp decline in September that wiped out nearly 18% of its investors’ gains.

Now, the meme coin is looking to rebuild its momentum amid rising market optimism. With selling pressure starting to ease and new demand emerging, SHIB looks poised to reclaim lost ground in the coming days.

Shiba Inu Investors Start to Optimize

One of the strongest indicators supporting Shiba Inu’s potential rebound is the increasing number of new addresses interacting on its network. In recent days, the number of such new addresses jumped sharply and reached its highest level in almost two and a half months.

Read also: Dogecoin Price Plunges 7% Today — Analyst Sees Potential for 37× Surge

This metric is used to track first deals and gauge whether a project is experiencing increased interest. This spike in SHIB indicates increased interest from both retail and institutional investors. A rise in new wallet creation generally signals an influx of fresh capital and a growing active user base.

More broadly, Shiba Inu’s macro momentum is still maintained. Based on data from the HODL Caves indicator, selling pressure from investors is expected to remain low in the near term.

Currently, the median return on address holding SHIB for about a year is around 0.85x, signaling that most holders are yet to achieve significant levels of returns.

As such, medium- to long-term investors are likely to continue holding their assets instead of selling too quickly. This reduced selling pressure may help stabilize price movements, providing a stronger foundation for SHIB’s gradual recovery.

SHIB Prices Continue to Strengthen

As of October 7, 2025, Shiba Inu is trading at $0.00001285, attempting to make this point a strong support area. The meme coin is now only about 11% away from fully recovering the 18% drop that occurred in September.

Read also: Pi Network Price Drops 9% — Is the Project Turning Into a “Rug Pull”? Experts Weigh In

If the current positive momentum holds, SHIB has the potential to strengthen its recovery structure.

To complete the recovery phase, SHIB needs to climb back to the $0.00001428 level. However, before reaching that target, SHIB must break two important resistance levels at $0.00001336 and $0.00001391, which have previously proven quite difficult to overcome.

However, with the increasing number of new addresses and low selling activity, this target still looks realistic to achieve.

Conversely, if the market sentiment turns negative, SHIB risks downward pressure. A drop below the $0.00001209 support level could trigger additional losses and push the price down to $0.00001161, potentially derailing the bullish outlook that is forming.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*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.

Reference:

• BeInCrypto. Shiba Inu Price Recovery Aided by New Addresses. Accessed on October 8, 2025