Meme Coin Surpasses Price Data Indicates: SHIB's 'Social Media Temperature' Has Already Soared, Market FOMO Is Coming Soon

金色财经Published on 2025-12-10Last updated on 2025-12-10

Abstract

Over the past week, Shiba Inu (SHIB) has seen a significant surge in spot trading volume across major exchanges like Kraken, Binance, and Bybit, rising by 154% on Kraken alone. Despite a general market downturn, SHIB’s price increased nearly 7%, suggesting strong buyer interest at key support levels. Leverage traders are also leaning bullish, with long/short ratios above 1, though derivatives activity declined. Potential catalysts include expected Federal Reserve rate cuts, which could boost liquidity in crypto markets, and Bitcoin’s attempt to hold above $90,000, which may influence SHIB positively due to their correlation. Community updates highlight over 45 billion SHIB moved off exchanges, indicating accumulation, including a $35 million whale transfer to private wallets. Upcoming developments like Coinbase’s SHIB futures launch on December 12 and the New York Stock Exchange’s filing for a SHIB ETF signal growing institutional interest. Shibarium network upgrades, including enhanced privacy features planned for next year, may further support SHIB’s growth. As of writing, SHIB trades around $0.000008498, showing modest gains in the last 24 hours.

Over the past seven days, Shiba Inu has seen a significant surge in spot trading volume on multiple exchanges. This bodes well for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle.

Shiba Inu Spot Trading Activity Surges

Data from CoinGlass shows that over the past seven days, Shiba Inu (SHIB) experienced a 154% surge in USD spot trading volume on Kraken exchange. During the same period, other major exchanges like Binance, Bybit, OKX, and Gemini also saw significant increases in trading volume. This suggests that spot buyers may be stepping in near key support levels to defend SHIB's price amid a broader cryptocurrency market downturn.

Notably, Shiba Inu was one of the few cryptocurrencies that saw a price increase last week, indicating that bulls may currently hold the upper hand. Data from CoinMarketCap shows that despite Bitcoin's volatile price movements, the second-largest meme coin by market cap still gained nearly 7% during this period.

Meanwhile, further data from CoinGlass shows that most leveraged traders are currently betting on a price increase for Shiba Inu, with the long/short ratio currently above 1. However, it's worth noting that derivatives trading volume dropped by over 10%, and open interest declined by nearly 4%, suggesting a less optimistic outlook for the meme coin.

In addition to the surge in spot trading volume, another positive factor for Shiba Inu is the potential for another interest rate cut by the Federal Reserve at this week's FOMC meeting. This could inject more liquidity into the cryptocurrency market, benefiting altcoins like SHIB. At the same time, Bitcoin is currently attempting to hold the psychological $90,000 level, which could pave the way for SHIB's price appreciation given their positive correlation.

Community Updates on SHIB's Latest Developments

On the X forum, a community member known as Shibizens posted an update on SHIB's recent developments. He pointed out that over 45 billion SHIB have been moved off exchanges, indicating accumulation by holders. Shibizens also mentioned a massive whale transaction worth $35 million being transferred to a private wallet, suggesting that SHIB whales are also bullish on the asset.

Furthermore, Coinbase plans to launch Shiba Inu futures for both institutional and retail investors on December 12, which is expected to boost adoption of this internet currency. Meanwhile, NYSE Arca has filed a 19b-4 form for T. Rowe's Shiba Inu ETF, bringing the ETF one step closer to official launch.

Shibizens also highlighted upgrades to the Shibarium network, which are expected to provide a significant boost to SHIB. The upgrades include RPC enhancements, and it has been confirmed that comprehensive privacy upgrades using encryption technology will be implemented. These upgrades are scheduled for launch next year.

According to CoinMarketCap data, at the time of writing, Shiba Inu's price is approximately $0.000008498, showing an increase over the past 24 hours.

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Related Reads

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbit1h ago

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbit1h ago

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit1h ago

How to Make Yourself Irreplaceable by AI Forever

marsbit1h ago

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru5h ago

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru5h ago

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

Michael Saylor stated that it has become mathematically impossible for BIP-110 to achieve the 55% voluntary support threshold within the current Bitcoin mining difficulty adjustment cycle. Based on his analysis of 946 blocks generated up to block 960,561, only 24 blocks contained version field signals supporting BIP-110. Saylor claims all these signals came from DATUM miners sharing rewards via the OCEAN mining pool, with no supporting signals from non-OCEAN miners. He argues this situation prevents BIP-110 from reaching the required consensus level and that the current signals do not represent broad miner agreement. BIP-110 is a proposal aimed at making it more difficult to embed large data like images or text into the Bitcoin network, beyond simple monetary transactions. Its proponents argue Bitcoin should be used primarily for sending money to avoid network congestion. Saylor opposes this, believing the Bitcoin network should not dictate which transactions are necessary and that rules shouldn't change based on the preferences of a few. He also suggests that high support metrics may be inflated by automated signaling software rather than reflecting genuine miner consensus.

cryptonews.ru5h ago

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

cryptonews.ru5h ago

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?

Cryptocurrency analytics firm Santiment reported that negative sentiment toward Bitcoin on social media has reached a historically high level. The ratio of positive to negative comments about Bitcoin on platforms like X, Reddit, and Telegram has fallen to its lowest point since the firm began using its modern social monitoring system. A key driver of this sentiment is a vulnerability discovered in the firmware of Coldcard hardware wallets, shaking investor confidence in personal storage and cold wallets—previously considered the safest method for securing crypto assets. Santiment noted that while past crises like the collapses of FTX and Mt. Gox were larger in scale, the Coldcard incident uniquely shifted discussions toward hardware security and cold storage vulnerabilities, rather than centralized exchanges or leveraged trading platforms. Data shows only 0.58 positive comments for every negative one, indicating fear has significantly outweighed greed. Although the data covers just one day, Santiment stated the current panic level exceeds peaks seen earlier this year regarding war concerns and surpasses social media panic recorded during previous major crypto crises.

cryptonews.ru6h ago

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?

cryptonews.ru6h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of MEME (MEME) are presented below.

活动图片

Top Questions