Shiba Crypto Currency
Shiba Inu (SHIB) is a decentralized cryptocurrency that was created in August 2020 by an anonymous individual or group using the pseudonym “Ryoshi.” It is an Ethereum-based token and part of a growing class of cryptocurrencies known as “meme coins,” which are inspired by internet memes and popular culture. Shiba Inu was initially launched as a playful alternative to Dogecoin (DOGE), often referred to as the “Dogecoin killer.” Despite its humorous origins, SHIB gained a large and passionate community, helping it achieve significant market capitalization. The Shiba Inu ecosystem has since expanded to include other tokens such as LEASH and BONE, as well as projects like ShibaSwap (a decentralized exchange), NFT collections, and plans for a metaverse. While it remains highly speculative and volatile, Shiba Inu has carved out a distinct space in the crypto world through its strong community support and ambitious development roadmap.
Shiba Crypto Currency One Day Graph Analysis

The 1-day chart of Shiba Inu (SHIB) from Binance shows a recent bullish momentum following a period of consolidation. On May 18, 2025, SHIB closed at 0.00001530, marking a 7.97% gain for the day, with the price ranging between 0.00001410 and 0.00001534. The moving averages show a short-term uptrend, as the 7-day MA (0.00001524) is currently trading above the 25-day MA (0.00001424) and significantly above the 99-day MA (0.00001358), which signals a potential continuation of the bullish trend. A previous local high of 0.00001765 suggests possible resistance in that region, while support appears to be forming near the 0.00001400 level. Volume analysis shows strong recent buying interest, with green bars dominating the past few sessions, indicating bullish sentiment. If SHIB maintains this upward momentum and breaks past resistance, it may aim for new short-term highs. However, a drop below the support level or a bearish crossover of the moving averages could signal a potential pullback.
Shiba Crypto Currency One Month Graph Analysis

The 1-month chart of Shiba Inu (SHIB) on Binance presents a broader view of the cryptocurrency’s long-term price action, highlighting its historical volatility and current consolidation phase. As of May 2025, SHIB closed the month at 0.00001526 after reaching a high of 0.00001765, reflecting a monthly gain of 15.26%. The chart shows a massive spike in price during late 2021, peaking near 0.00008854, followed by a prolonged downtrend and periods of sideways movement. The 7-month moving average (0.00001738) currently lies above the price, indicating that SHIB is still in a corrective phase, while the 25-month MA (0.00001482) is providing nearby support.
Volume activity shows a significant drop from the earlier bull run, with recent months reflecting low-to-moderate participation, suggesting a cautious market sentiment. However, the fact that price has not broken below long-term support levels and is showing signs of upward movement hints at possible accumulation. If SHIB can break and sustain above the 0.00001800–0.00002000 range, it may target higher resistance levels. Conversely, a failure to hold above the 0.00001200 support zone could lead to further declines. Overall, the monthly chart suggests that SHIB is stabilizing after its speculative highs, and a breakout will depend on broader market conditions and renewed investor interest.
Should I buy it now?
Yes, but only if you’re aware of the risks and are investing a small portion you’re willing to lose. Shiba Inu remains a high-risk, high-volatility asset.
Here are key reasons why buying Shiba Inu (SHIB) now could make sense, based on the technical charts and market sentiment:
1. Recent Bullish Momentum (Short-Term)
On the 1-day chart, SHIB showed a 7.97% gain, with price bouncing from support around 0.00001410 and pushing higher.
The 7-day moving average crossed above longer MAs, suggesting short-term upward momentum.
2. Historical Support Zone Holding (Long-Term)
On the 1-month chart, SHIB is trading close to long-term support levels around 0.00001200–0.00001500.
It hasn’t broken below these levels despite low volume, showing price stability after a long downtrend.
3. Potential Accumulation Phase
SHIB appears to be in a consolidation/accumulation phase, where smart money often enters before a major move.
Volume is steady—not collapsing—indicating holders are not panic selling.
4. Strong Community & Ecosystem Development
Shiba Inu has evolved from a meme coin to a broader ecosystem: ShibaSwap, Shibarium (Layer 2 blockchain), metaverse plans, and token burns all add potential value over time.
5. Low Price Entry Point
SHIB is trading at a fraction of its all-time high (over 80% lower), offering an attractive risk/reward ratio if the broader crypto market turns bullish again.