🔥 Shiba Inu Price Jumps 5% — Is $SHIB Preparing to Erase Another Zero?

Shiba Inu is making noise again. After weeks of sluggish price action, SHIB has surged 5% in 24 hours, now holding above $0.00000093. Traders are eyeing the key $0.00001 milestone — a potential psychological breakout that could shift the meme coin narrative once more.
Despite a weak crypto market, down 1.07% daily and 7% weekly, SHIB is showing surprising resilience. This strength comes as burn rates accelerate (3 million SHIB burned in 24 hours) and Shibarium activity climbs, signaling a growing on-chain foundation.
Meanwhile, derivatives data flashes bullish signs — trading volume up 11% to $116.9M and open interest rising 6% to $67.9M. Increased leverage and participation often precede sharp breakouts when momentum builds.
Technically, SHIB has cleared resistance at $0.00009, setting sights on $0.000095 and eventually $0.00001. RSI near 49 shows room for upside, and MACD’s crossover hints that bulls are regaining control.
If Bitcoin and Ethereum maintain stability, meme coins like SHIB could lead the next mini rally. The market’s question now: can Shiba Inu truly erase another zero this quarter?
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