Shiba Inu Gains Momentum as Wallets Rise 30% and EMA Crossover Looms

Shiba Inu (SHIB) is displaying signs of potential bullish momentum following a notable increase in wallet activity. Between August 7 and 9, 2025, new wallet creations rose by 30%, signaling renewed investor interest [1]. This surge coincides with a technical breakout above a key trendline resistance level, suggesting the possibility of upward price movement [1]. On-chain data also reveals that daily unique wallet counts climbed from approximately 3,000 to nearly 4,000, further reinforcing the idea of growing participation [1].

The 50-day exponential moving average (EMA) is approaching a bullish crossover with the 100-day EMA, a technical signal that has historically preceded upward trends [1]. Analysts have noted that SHIB’s 200-day EMA now functions as a critical resistance level; a confirmed breakout above this line could validate the recent optimism [1]. However, it remains to be seen whether this momentum will translate into a broader, sustained rally.

In addition to increased wallet creation, whale activity has intensified, indicating strategic accumulation by larger holders [3]. Meanwhile, ongoing token burns have contributed to a shrinking supply, which could support long-term price stability [2]. Some forecasts suggest SHIB could reach $0.00006392 by 2025, with more aggressive models projecting a potential rise to $0.000321 under favorable market conditions [2]. These projections, however, remain speculative and contingent on broader market sentiment and macroeconomic factors [3].

On-chain data also reveals an 18.3% increase in daily trading volume, despite a 4.27% price decline [7]. This divergence suggests that traders are becoming more engaged, potentially laying the groundwork for a breakout. However, SHIB’s momentum appears to be lagging behind some other altcoins, such as Chainlink, indicating shifting investor priorities and capital flows [5].

Currently, SHIB trades around $0.00001279, with a market capitalization of $7.53 billion [7]. While this is a notable figure, it remains significantly lower than those of leading altcoins and stablecoins. Analysts emphasize that a successful breakout will depend on continued whale activity and broader adoption in DeFi and other blockchain use cases [7].

The broader crypto market remains mixed, with competing tokens like Binance Coin and Cold Wallet’s CWT gaining traction [4]. In particular, Cold Wallet’s token is being promoted as a potential high-return investment, drawing attention from a growing user base [5]. These developments highlight the evolving nature of the altcoin landscape and the importance of sustained innovation and adoption in driving price action.

SHIB’s future trajectory will likely depend on its ability to maintain current momentum and attract further institutional interest. In the absence of a clear catalyst, the token may remain range-bound, with whale activity playing a pivotal role in determining its direction [6]. Investors are urged to monitor both on-chain metrics and macroeconomic developments before making commitments to SHIB or other volatile assets.

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Source:

[1] Coinpedia - [https://coinpedia.org/news/shiba-inu-price-jumps-8-as-whale-activity-and-burns-hint-at-59-rally/](https://coinpedia.org/news/shiba-inu-price-jumps-8-as-whale-activity-and-burns-hint-at-59-rally/)

[3] AInvest - [https://www.ainvest.com/news/shiba-inu-shows-bullish-signs-kaspa-nears-breakout-cold-2508/](https://www.ainvest.com/news/shiba-inu-shows-bullish-signs-kaspa-nears-breakout-cold-2508/)

[4] ThePrint - [https://theprint.in/brandit/cardano-price-poised-for-a-surprise-surge-but-whale-activity-signals-a-shift-from-ada-to-this-viral-crypto/2720289/](https://theprint.in/brandit/cardano-price-poised-for-a-surprise-surge-but-whale-activity-signals-a-shift-from-ada-to-this-viral-crypto/2720289/)

[5] AInvest - [https://www.ainvest.com/news/cold-wallet-aims-4900-return-chainlink-shiba-inu-lose-momentum-2508/](https://www.ainvest.com/news/cold-wallet-aims-4900-return-chainlink-shiba-inu-lose-momentum-2508/)

[6] CoinCentral - [https://coincentral.com/analysts-say-that-the-real-doge-killer-might-surprise-you-and-its-not-shiba-inu/](https://coincentral.com/analysts-say-that-the-real-doge-killer-might-surprise-you-and-its-not-shiba-inu/)

[7] Mitrade - [https://www.mitrade.com/insights/news/live-news/article-3-1035869-20250813](https://www.mitrade.com/insights/news/live-news/article-3-1035869-20250813)