Shiba Inu Price Prediction Turns Bullish As May Gains and Token Burns Align

By: cryptosheadlines|2025/05/09 03:00:12
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Shiba Inu (SHIB) price is soaring again on bullish signs in technical, historical, and onchain metrics. Over the last seven days, Shiba Inu burned more than 330 million tokens, fueling a 364% increase in its burn rate.Trading volume jumped sharply within 24 hours, hitting $138 million, as investor interest in meme coin appears to be growing. With SHIB price stuck below $0.00001245, there are key developments that could eventually set the floor for an upward move this month.SHIB Burn Rate Surges by 364%The Shiba Inu ecosystem saw a spike in its weekly burn activity. Data from Shibburn indicates that 330,051,244 SHIB tokens were removed from circulation during the past week, boosting burn rate by 364%. This figure reflected a growing amount of community engagement and demonstrated the long-term deflationary mechanism that’s underpinning Shiba Inu tokenomics.Token burns play a crucial role in reducing the overall supply to support price stability and growth. Although burns alone do not guarantee upward momentum, they align with bullish periods when other indicators such as volume and historical trends reinforce demand.Analysts note that such a drastic increase in burn activity often correlates with upcoming volatility or price shifts, particularly when tied to broader market cycles.May Price Trends Show Historical Gains Averaging 61%Historical data compiled by Cryptorank showed that SHIB price has consistently delivered strong performance in May. Over the past four years, Shiba Inu has posted an average price increase of 61% during this month.Notably, May 2021 saw a massive 355.4% surge, and May 2024 added a more modest 13%, still contributing to the positive seasonal trend.Source: CryptorankThe recurring monthly pattern places Shiba Inu in a favorable position as broader market sentiment improves. While past performance is not an indicator of future results, such consistent May gains create technical interest for traders.This analysis aligns with recent Shiba Inu price predictions pointing to a potential bullish reversal. The confirmed breakout from a falling wedge and historical accumulation patterns all support the case for a sustained rally.SHIB Price Breaks Above 50 EMA, Reviving Bullish StructureShiba Inu price recently broke above the 50-day Exponential Moving Average (EMA), a move that typically signals a mid-term bullish transition. Currently trading near $0.00001347, SHIB price marks a shift from the bearish retracement observed in early April. The EMA has historically served as dynamic support during upward moves, making its recapture a potential trigger for sustained upward price action. The last time SHIB price moved decisively above this EMA, it extended its rally by over 40% in less than three weeks. With rising volume backing the current trend, the alignment of historical behavior, moving average dynamics, and ongoing burn events provides additional strength to the current bullish structure. Analysts confirm that technical setups such as these often precede attempts to reclaim psychological levels in meme tokens.Furthermore, CoinMarketCap data shows that Shiba Inu’s 24-hour trading volume increased, bringing daily activity to $135 million. This spike shows increasing interest in SHIB, which is resilient beyond crucial support levels.Increased volume makes it easier for them to enter and exit positions, which in turn can lead to stronger liquidity and narrower spreads. Moreover, the higher volume is quite effective in increasing market recognition, which is very important when trading into community driven tokens such as SHIB. As of writing, Shiba Inu price was at $0.00001347, an increase of 5.16% over the last 24 hours.Source link

You may also like

LALIGA Match Report: Vinícius scores as 10-man Real Madrid secure a 3-2 comeback victory in Madrid derby

In the early hours of March 23, 2026, Round 29 of LALIGA delivered a headline clash at the Santiago Bernabéu. Real Madrid hosted their local rivals, Atlético de Madrid, in a high-stakes encounter. Under referee José Munuera, the match unfolded at a fierce pace, packed with physical duels and momentum swings. After a five-goal thriller, Real Madrid held firm for a 3–2 home win, taking all three points. They remain second on 69 points, now four behind leaders Barcelona.

From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official 

Instagram: @WEEX Exchange

 Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

These days, even hackers are losing money

Although hackers possess excellent skills and can complete a meticulous harvest in a matter of hours, the market does not care where the chips come from; in the face of a bear market, everyone is treated equally.

Arm Chips In-House: Rewire News Brief

For Intel and AMD, the x86 Moat Just Got a Little Less Secure

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis

Stablecoins have not truly addressed the two core pain points of domestic settlement and exchange rate conversion.

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors

Altman is Telling a Growth Story in Subtraction

Popular coins

Latest Crypto News

Read more