SHIB Volume Explodes as Shiba Inu’s Price Pushes Toward May Highs

Vladimir Popescu
Shiba Inu Pool gold bars
Source: Watcher.Guru

Shiba Inu price breakout signals are actually strengthening right now as SHIB rejoins the “Trillionaire Club” with 1.2 trillion tokens in daily volume. The Shiba Inu price breakout comes amid a SHIB Coinbase mystery involving 111.5 billion tokens and also fresh Shiba Inu metaverse update announcements. Trading volume has been surged by over 40% as SHIB targets a potential Shiba Inu $0.000015 prediction.

Also Read: Can Shiba Inu’s UAE Energy Ministry Alliance Push It to $0.0001?

Shiba Inu Price Breakout Fueled by Volume Surge and Metaverse Hype

Shiba Inu concert
Source: Watcher.Guru

SHIB actually achieved a remarkable 72% recovery from $0.00001015 to $0.00001744 in just 10 days, and it even broke above the 26-day EMA for the first time since May. This Shiba Inu price breakout follows the token’s return to the exclusive “Trillionaire Club” with on-chain transaction volume being surpassed by one trillion tokens on June 30.

SHIB technical chart showing price movement
SHIB technical chart showing price movement – Source: TradingView

SHIB’s Coinbase Mystery Reveals Whale Activity

Shiba Inu whale activity
Source: Watcher,Guru

A mysterious wallet withdrew 111,518,676,500 SHIB tokens worth about $1.33 million from Coinbase in a single transaction, right now. The SHIB Coinbase mystery was deepened with another $1.1 million transfer three days earlier, bringing the anonymous wallet’s total to 207.5 billion SHIB tokens valued at around $2.5 million. This SHIB Coinbase mystery suggests institutional-level buying through OTC channels, along with some serious deep-pocket movement.

Shiba Inu’s Metaverse Update Delivers Performance Boost

The team behind SHIB delivered major upgrades to three metaverse hubs: Bark Park, Tech Trench, and also Shib Station. The Shiba Inu metaverse update was optimized with over 200 texture assets and reduced GPU memory usage by 15-25%.

The official Shiba account stated:

“The metaverse is evolving — faster loads, cleaner visuals, and no stutter in sight. SHIB’s not dreaming. We’re deploying.”

The Shiba Inu metaverse update eliminated crashes and loading delays while visual quality was maintained. A fishing mini-game is also planned to establish an in-game economy within the metaverse project, at the time of writing.

SHIB price chart showing breakout pattern
SHIB price chart showing breakout pattern – Source: TradingView

Technical Analysis Points to Continued Rally

SHIB broke out of its descending channel with Bull Bear Power and Awesome Oscillator indicators turning positive, actually. The Shiba Inu $0.000015 prediction becomes more realistic as SHIB faces resistance at the 50-day EMA ($0.00001905) and even the 100-day EMA ($0.00001948). Breaking these levels could validate the Shiba Inu $0.000015 prediction and open paths to $0.00002130.

SHIB daily chart with Fibonacci retracement levels
SHIB daily chart with Fibonacci retracement levels

On-chain metrics show 1.2 trillion SHIB tokens were traded on June 30, reflecting renewed wallet-to-wallet activity. This volume surge supports the ongoing Shiba Inu price breakout as retail traders increase token recycling activity, along with some serious momentum building.

Also Read: Shiba Inu Rebound Incoming: Lead Teases Multiple July Announcements

The combination of technical breakouts, whale accumulation, and also ecosystem developments positions SHIB for potential continuation toward higher resistance levels in the coming weeks.