Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.99%
Bitcoin Share
ZyCrypto 2025-06-24 20:16:39

SHIB Army Eyes 195% Price Explosion After Negative Funding Rates Signal Bullish Reversal

SHIB Army Eyes 195% Price Explosion After Negative Funding Rates Signal Bullish Reversal

Shiba Inu (SHIB) might be staring at making a comeback after being in the red in the past month, based on an 18.3% drop. Market analyst Tektonic pointed out , “SHIB is showing early signs of a bullish reversal, with a potential recovery toward $0.000017 in sight. Funding rates have flipped negative, signaling reduced bullish leverage — often a precursor to rebound moves.” At the time of writing, SHIB was trading at $0.00001161, representing a 6.6% increase in the past 24 hours. Tektonic added, “A reversal pattern is forming on key timeframes, aligning with prior price behavior before upside swings.” SHIB’s bullish narrative is being supported by a skyrocketing burn rate to the tune of 5,404.46%, according to Shibburn data . Burning tokens means permanently removing them from circulation by sending them to an unusable wallet or a “dead address.” This results to dimished overall SHIB supply, and depending on supply-demand economics, price might increase if demand increases or stays the same. Shiba Inu Bulls Remain Steadfast As Shiba Inu edges closer to the psychological price of $0.000012, the second-largest meme coin is creating higher lows, which could cement its bullish outlook. Crypto analyst Bit Guru acknowledged, “ With bulls defending higher lows and maintaining volume, a breakout could send SHIB toward the $0.00001280–$0.00001350 zone. If momentum picks up, meme coin hype could fuel the next leg.” Source: Bit Guru Higher lows typically show buyers are stepping in at higher prices than before, signalling that bears are losing ground as bulls continue gaining control. Therefore, every higher low acts as a new support zone, meaning that if SHIB maintains this momentum, the 19th-largest cryptocurrency based on market capitalization will likely witness a sustained uptrend. Meanwhile, the SHIB Army envisions a 195% price explosion with a seemingly imminent bullish reversal pattern.

Most Read News

Moralis Money
Market Cap
24h Vol
63.99%
Bitcoin Share
106
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.