Shiba Inu Price Jumps 1.5% After Viral Post

Shiba Inu, a popular meme coin, has recently seen a resurgence in interest following a viral post from its official team. The tweet, "Shib is for everyone," mirrored a marketing trend initiated by a prominent network, which had previously declared "Base is for everyone." This strategic move sparked significant conversation across crypto communities and led to a modest uptick in SHIB’s trading activity. The timing and phrasing of the tweet suggest a deliberate effort to reignite community engagement, which is crucial for a token that thrives on sentiment and cultural momentum.

The official X account of Shiba Inu posted the phrase, immediately igniting a wave of online discussion. The team followed up with "Coined it," directly referencing the minting platform Zora. Although no official SHIB token was launched to mirror the Base token playbook, the buzz generated was sufficient to stir moderate activity within the meme coin ecosystem. SHIB experienced a 1.5% intraday price increase, rising from $0.00001164 to $0.00001200. While this increase was not as dramatic as the Base token’s surge, it successfully brought fresh attention to Shiba Inu at a time when meme coin sentiment is on the rise.

Analysts remain cautiously optimistic about SHIB’s future movements, particularly with bullish Elliott Wave forecasts in play. The post, while not causing a dramatic price shift, may have set the stage for larger rallies by re-energizing SHIB’s loyal community. For a token that relies heavily on sentiment and cultural trends, this kind of coordinated messaging could be pivotal in keeping SHIB in the spotlight in 2025.

On April 18th, the trading day for SHIB/USDT began with some bearish pressure, as indicated by the 5-minute chart. Early on, the Relative Strength Index (RSI) dipped into oversold territory, pushing the price down to find support at $0.00001167. This zone triggered a rebound, and by mid-morning, a golden cross appeared on the Moving Average Convergence Divergence (MACD), signaling a shift toward bullish momentum. This momentum carried the Shiba Inu price into an upward channel, with consistent overbought RSI signals fueling the rally. The price eventually reached resistance at $0.00001247. However, the bullish trend did not last long.

A death cross on the MACD appeared at 18:45 UTC, marking the start of a correction. Prices pulled back and remained within a moderate range as April 19th began. At 02:10 UTC, another golden cross gave bulls some hope, but it was quickly followed by a death cross, suggesting that the bears were not yet done. If bearish pressure continues, SHIB could retest the key support level at $0.00001167. Conversely, if bulls regain control and break above the $0.00001247 resistance, the meme coin might see stronger upside potential.

The recent "Shib Is For Everyone" post has revitalized community engagement, injecting fresh energy into SHIB news cycles. With technical indicators showing mixed signals, the Shiba Inu price faces key levels at $0.00001247 resistance and $0.00001167 support. According to analysts' forecasts, if sentiment strengthens and bulls reclaim control, this meme coin could aim for the $0.00001320 level in the short term.