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Shiba Inu surges 15% in August after Japan listing, but risks a September drop.

Market News
27 Aug 2026
UToday
View Source
Neutral
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Shiba Inu (SHIB) achieved a historic 15% gain in August, breaking an 11-month downtrend thanks to its approval for listing on Japan's Nomura-backed Laser Digital platform. This milestone boosted its market cap to $3.2 billion and pushed its Q3 return to 28.1%. However, historical trends and technical indicators warn of a likely correction in September, a month where SHIB has never posted a strong gain. Investors should watch the $0.00000525 support level closely, as a drop below it could trigger sell-offs, while holding above it may lead to a controlled pullback ahead of a potentially strong Q4.

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