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For months, Shiba Inu has been dismissed as a relic of the crypto hype era, with stagnant trading volumes, declining social engagement, and limited project developments fueling investor skepticism.
Nevertheless, MMB Trader has challenged the ‘dead coin’ narrative for SHIB, forecasting a potential late-year surge.
Technical indicators and historical trends suggest gains could reach 670% if market conditions align. This comes amid a wave of overlooked tokens suddenly spiking, driven by renewed investor interest and strategic positioning, with the present price being $0.00001031.
Shiba Inu Accumulation Signals Strengthen Amid Declining Exchange Supply
Shiba Inu is showing strong signs of a potential comeback as accumulation intensifies. On-chain data reveals that its exchange supply has plunged by over 62%, signaling reduced selling pressure and rising investor confidence —a bullish setup that could fuel the token’s next major move.
 
Notably, shrinking exchange supply indicates that investors are moving SHIB into private wallets for long-term holding, a clear sign of growing confidence and accumulation.
Therefore, this shift from speculative trading suggests holders believe in SHIB’s long-term potential despite broader market weakness. With fewer tokens available on exchanges, the supply becomes tighter, increasing the likelihood of sharper price movements if demand rebounds.
Meanwhile, Etherscan data shows that Shiba Inu has 1,547,558 on-chain holders, a steady week-over-week increase that underscores resilient, community-driven momentum despite crypto market volatility.