Shiba Inu Surges 32% in 2026 — Is Another SHIB Breakout on the Horizon?

Jakarta, Pintu News – The price of Shiba Inu (SHIB) surged 32% throughout 2026, in line with the strong recovery of the meme coin and the overall rise of the crypto market. This surge pushed SHIB to a high above $0.0000087, driven by increased trading volume and accumulation by “whales” (large asset owners).

One of the largest wallets currently holds $3.3 billion worth of SHIBs, fueling speculation about the possibility of a larger price spike. On January 5, 2026, SHIB’s trading volume grew by 131% to reach $321.9 million, indicating renewed interest from investors.

The market capitalization of meme coins peaked at $51.7 billion, up 5.6% in just 24 hours, along with the rise of several other meme coins.

Pepe (PEPE) rose 10%, Dogecoin (DOGE) increased 20% this week, PONKE jumped 70%, and Pudgy rose 8% in just one day. Shiba Inu’s surge reflects a trend of increasing popularity of meme assets, along with capital flowing into riskier tokens.

Shiba Inu Price Surge Reflects General Crypto Market Recovery

The crypto market has gained 0.62% in the last 24 hours (5/1), adding to the total weekly gain of 5.43%. Bitcoin (BTC) price surged past $92,000, while Ethereum (ETH) broke the $3,000 mark again as the bull market recovered.

Read also: Spectacular Surge of Meme Coin Market in Early 2026: What’s Happening?

Other major cryptocurrencies such as Solana (SOL), XRP (XRP), and BNB (BNB) also registered gains, despite geopolitical concerns.

Venezuelan President Nicolás Maduro was reportedly detained following a military strike by the United States, which was confirmed by President Trump.

Despite the uncertainty in global markets, the price of cryptocurrencies has been rising, fostering optimism that investors are starting to take on more risk, at least for the first half of 2026.

Big wallets dominate SHIB supply

SHIB prices surged by more than 8% on January 5, following the meme coin’s continued rally trend in early 2026. Based on on-chain data, more than 62% of the total SHIB supply is now controlled by the ten largest wallets.

One wallet address even controls about 41% of the total SHIB value, which is estimated at $3.3 billion. This concentration is in line with the 12.47% increase in SHIB’s market capitalization, to $5.34 billion.

The overall meme coin industry rose 20% in the past week, with the market capitalization breaking the $45.3 billion mark. Some coins such as PEPE, USLESS, MOG, DOG, BONK, and FLOKI recorded gains between 33% and 54%.

This resurgence began when fear among retail investors peaked post-Christmas, indicating a change in sentiment among traders. More than 194 million SHIB tokens have been burned in the last 7 days – up 414%, which helped fuel the bull market’s fervor.

Read also: Dogecoin Price Corrected Slightly Today: Is DOGE’s Bearish Pressure Starting to Weaken?

SHIB Price Targets $0.00001 After Bullish Rally: Can Bulls Break Resistance?

SHIB’s latest price was trading at $0.00000874, remaining above the $0.00000850 support zone after a bullish breakout.

The MACD indicator showed a bullish crossover that still held, although the histogram started to weaken, indicating slowing momentum. The RSI dropped to 69.14 – out of overbought territory, but still in favor of the uptrend.

To maintain the long-term outlook, SHIB needs to maintain the support level at $0.00000850 to avoid a deeper correction. If the bulls regain momentum, the resistance at $0.000009 is likely to be broken.

If the price is able to break above that level, then the path to $0.00001 even up to $0.000011 could open up.

However, if the selling pressure continues, the price of Shiba Inu could drop to $0.00000820.

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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.

Reference:

• Coingape. Shiba Inu Price Surges 32% in 2026 as Top Wallet Holds $3.3B in SHIB, Is a Bigger Rally Coming Next? Accessed on January 6, 2026