Shiba Inu (SHIB) Price Analysis
by Crypto.com Coins AI. Last updated on 18 August 2026 at 10:10 UTC
Why Is Shiba Inu (SHIB) up Today?18/08/2026
- SHIB declined by 9% in the past 24 hours, underperforming the broader cryptocurrency market, which saw risk-off flows and increased liquidations as Bitcoin approached $60,000.
- Recent news regarding large wallet activity, ecosystem exploits (notably the $2.4M Shibarium bridge incident), and whale movements have increased market uncertainty, fueling short-term volatility and speculation.
- Despite periodic rebounds and isolated large trades (such as the $575-to-$1.17M ASTEROID token flip), SHIB remains in a prolonged downtrend, frequently testing and occasionally breaking below key support levels (e.g., $0.000009240 and $0.00000951).
- Price stability is weak, with realized volatility at multi-year lows relative to Dogecoin, and technicals suggest further declines are possible unless SHIB can reclaim and maintain support above $0.000009240.
Shiba Inu (SHIB) Latest Price Action Analysis
Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000
Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced a sharp 9% decline as heavy trading volume and liquidations breached critical support levels. The downturn is part of a broader risk-off trend across the cryptocurrency market, triggered by Bitcoin’s rapid approach to the $60,000 mark. As market volatility increased, memecoins were disproportionately affected, underlining their higher beta nature and sensitivity to shifts in market sentiment.
Key Points:
- Large-scale liquidations and a risk-off environment led to sharp price declines in DOGE and SHIB.
- Memecoins remain highly sensitive to broader market movements, especially Bitcoin volatility.
- The breach of key support levels has amplified bearish momentum, suggesting caution for short-term traders.
A $575 bet on a Shiba-themed token became $1.17 million in 5 days
An extraordinary memecoin trade saw an anonymous investor turn $575 into $1.17 million by trading ASTEROID tokens, demonstrating the speculative potential still present in the sector. While not directly related to DOGE or SHIB, such stories fuel retail enthusiasm and speculative flows toward memecoins. These viral wins often lead to increased short-term volatility and trading volume, as traders seek similar outsized returns.
Key Points:
- High-profile windfalls increase retail participation and speculative inflows into memecoins.
- Short-term price action may spike as traders chase similar gains, but volatility risk rises.
- Broader market impact is limited but may trigger meme coin rallies on social sentiment.
NFT bull Steve Aoki sells his SHIB, ETH, and PEPE. His Bored Apes are down 88%.
Steve Aoki, a prominent NFT advocate, has reportedly sold his SHIB, ETH, and PEPE holdings, signaling a shift in sentiment among influential early adopters. The move reflects growing disillusionment with NFT and meme token performance, as even cultural proponents quietly exit positions. The market interprets such sales as bearish, potentially leading to further downward pressure on SHIB and similar tokens.
Key Points:
- High-profile exits by influential figures can dampen market sentiment and confidence.
- Selling pressure may accelerate as traders follow suit or react to perceived insider knowledge.
- SHIB and other memecoins risk further declines if trend persists among cultural leaders.
T. Rowe Price is ready to put dogecoin, shiba inu among tokens in its new crypto ETF
T. Rowe Price’s amended SEC filing for a new crypto ETF includes both DOGE and SHIB among its assets, signaling institutional recognition of leading memecoins. The inclusion enhances legitimacy and could attract new inflows from traditional investors. While the ETF has yet to launch, anticipation alone has supported price stability and sparked optimism among holders.
Key Points:
- Institutional recognition boosts legitimacy and potential capital inflows for DOGE and SHIB.
- ETF anticipation may support price floors and reduce volatility ahead of launch.
- Long-term sentiment turns more constructive as memecoins gain acceptance among asset managers.
Memecoin comeback talk builds as DOGE, SHIB, BONK rally in early 2026
Early 2026 saw renewed speculation about a memecoin rally, with DOGE, SHIB, and BONK posting notable recoveries. However, high wallet concentration—particularly for SHIB—raised concerns about market manipulation and volatility risk. While price action turned bullish in the short term, sustainability was questioned due to potential large-holder activity.
Key Points:
- Short-term rallies attract renewed speculative interest, but sustainability is in question.
- High concentration in major wallets increases risk of abrupt price swings.
- Market participants should monitor whale activity for signals of trend reversals.
Dogecoin and Shiba Inu lag market as memecoins continue to lose ground to bitcoin
Despite notable accumulation by whale addresses, both DOGE and SHIB have underperformed relative to Bitcoin. Persistent selling pressure and the inability to reclaim critical technical levels have left these tokens vulnerable to further downside. The divergence from Bitcoin suggests waning speculative appetite for memecoins amid a flight to quality.
Key Points:
- Memecoins underperform as capital rotates into more established assets like Bitcoin.
- Whale accumulation has not yet reversed bearish momentum for DOGE and SHIB.
- Technical recovery is required to restore short-term bullish outlook.
Dogecoin and shiba inu test lower levels after key support gives way
DOGE and SHIB tested lower price levels following the breakdown of crucial support, exacerbated by Ethereum’s decline. As ETH serves as a risk barometer for altcoins, its weakness intensified selling across memecoins. The absence of immediate support heightened downside risks, prompting traders to reduce exposure.
Key Points:
- ETH’s decline amplified pressure on DOGE and SHIB, leading to accelerated sell-offs.
- Loss of key support levels increases vulnerability to further downside.
- Market participants remain cautious amid broader altcoin weakness.
Memecoin Majors Diverge as DOGE Reclaims Trendline, SHIB Tests Daily Downtrend Floor
In mid-November, DOGE and SHIB displayed divergent price action. DOGE rebounded sharply, supported by institutional buying and strong trading volume, signaling bullish momentum. In contrast, SHIB tested its daily downtrend floor before staging a V-shaped recovery, but requires confirmation above $0.000009240 for stabilization. Both tokens remain highly volatile amid broader macro pressures such as AI-bubble concerns and ETF outflows.
Key Points:
- DOGE shows signs of recovery with institutional support, improving short-term outlook.
- SHIB’s stabilization hinges on reclaiming key resistance levels.
- Overall memecoin volatility remains elevated due to macroeconomic uncertainties.
Dogecoin Surges 6% as Trump Promised $2K Stimulus Brings Back 2021-Era DOGE, SHIB Rally Vibes
A surge in DOGE prices followed comments by former President Trump about a proposed $2,000 stimulus, reigniting retail interest in speculative assets. DOGE broke through technical resistance on rising volume, with analysts noting the potential for further upside if support holds. The event triggered a broader meme coin rally, with SHIB also benefiting from improved sentiment.
Key Points:
- Political headlines can rapidly shift market sentiment, sparking speculative rallies.
- DOGE and SHIB benefited from renewed interest in high-beta assets.
- Sustaining gains depends on follow-through buying and broader market stability.
SHIB Slides 5% Despite Token Burn as BTC Drops Below 200-day Average
SHIB fell over 5% in a single day, even as token burns accelerated, as broader market weakness took hold following Bitcoin’s drop below its 200-day moving average. Whale activity saw large amounts of SHIB moved to exchanges, signaling increased sell-side pressure. Despite a late-session bounce, sentiment remained bearish, with SHIB extending its protracted downtrend.
Key Points:
- Token burns failed to offset selling pressure amid broader market declines.
- Whale transfers to exchanges heightened concerns of further price drops.
- SHIB’s prolonged bearish phase continues, with volatility and caution prevailing.
Memecoins rewind to July levels as markets struggle to recover
Memecoins, including DOGE and SHIB, retraced to price levels last seen in July, with the sector’s market cap dropping nearly 40% from peak to trough. Weekly losses for leading tokens ranged from 13% to 22%, reflecting outsized vulnerability compared to NFTs and established cryptocurrencies, which have started to recover. The data underscores the sector’s cyclical nature and susceptibility to sharp corrections.
Key Points:
- Memecoins experienced steeper drawdowns compared to other crypto sectors.
- Price action remains highly cyclical, with sharp corrections following speculative peaks.
- Recovery may lag behind more established assets as risk appetite wanes.
Memecoins Are No Longer a Joke, Galaxy Digital Says in New Report
A Galaxy Digital report argues that memecoins have cemented their place in the crypto ecosystem, influencing both culture and protocol economics. The rise of platforms like Pump.fun has accelerated token launches and increased on-chain activity, especially on Solana. While most memecoins are speculative, their structural impact on liquidity and user engagement is now recognized by major institutional players.
Key Points:
- Institutional validation highlights memecoins’ enduring influence on the crypto landscape.
- Increased liquidity and trading volumes support active price discovery.
- Structural adoption may reduce stigma, but speculation and volatility remain core features.
Shiba Inu Tanks 5%, SHIB-DOGE Bounces From Record Lows
SHIB posted a 5% decline amid a bearish market, resulting in significant long liquidations. Despite the drop, SHIB outperformed DOGE, and the SHIB-DOGE pair bounced from record lows, potentially signaling a bottoming process. Technical indicators suggest key support at $0.00001197, but further losses could see a retest of June lows if bearish momentum persists.
Key Points:
- Bearish market conditions triggered substantial liquidations and price declines.
- Relative outperformance vs. DOGE may attract dip buyers if technical support holds.
- Technical bounce from record lows suggests potential for short-term reversal, pending confirmation.
Shiba Inu's Realized Volatility Tanks as Whale Moves 7T, Hits Record Low Against Dogecoin
SHIB’s realized volatility dropped to multi-year lows, coinciding with record underperformance versus DOGE. Large on-chain transfers by whales (over 7 trillion tokens) indicate potential repositioning or distribution. Despite a short-term price uptick and robust trading volume, the trend reflects ongoing uncertainty and the need to monitor whale behavior for clues on future direction.
Key Points:
- Low volatility periods often precede significant price moves (breakout or breakdown).
- Massive whale transfers raise questions about future price stability.
- Persistent underperformance vs. DOGE underscores ongoing sector rotation.
K9 Finance offers $23K bounty after $2.4M Shibarium exploit
A major exploit on the Shibarium bridge resulted in a $2.4 million loss, prompting K9 Finance to offer a bounty for the return of funds. Shibarium developers responded by pausing staking and securing assets. The incident led to immediate price declines for SHIB and associated tokens, as security concerns weighed heavily on investor confidence.
Key Points:
- Security breaches trigger sharp, immediate declines in token prices.
- Recovery depends on transparency, effective response, and restoration of trust.
- Short-term sentiment remains fragile pending resolution of the exploit.
AI-generated content; informational purposes only. Not investment advice or recommendations. Review at your own discretion. Crypto.com did not generate this content and does not make any representations about its accuracy or usefulness.
More like Shiba-inu
Explore similar coins by market narratives









