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Shiba Inu nears breakout, signaling a potential memecoin season with rising holders and social activity.

Technical Signals
25 Apr 2026
AMBCrypto
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) shows signs of a potential memecoin season as its holder count rose by 22,000 in a week to 1.585 million, alongside an 18% spike in daily trading volume. The token burn rate also increased significantly, reducing circulating supply and indicating strong network activity. Social media interactions for SHIB and other memecoins like PEPE and BONK have surged, reflecting growing market interest. SHIB's price is testing a key resistance level, and a breakout could trigger a broader memecoin rally, while failure to break may prolong consolidation.

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