Shiba Inu price has jumped 32% in 2026, riding a strong meme coin recovery and broader crypto market gains. The rally led SHIB to a high of above $0.0000087 and was driven by an increase in trading volume and whale accumulation.
One top wallet now holds $3.3 billion worth of SHIB, boosting speculation about a potential bigger price breakout.
SHIB has experienced a growth of 131% in trading volume in the last 24 hours to reach a $321.9 million, with fresh interest shown by the investors.
Meme coin market cap reached a high of 51.7 billion, and increased by 5.6% within 24 hours with several meme coins.
PEPE increased 10%, DOGE increased 20% this week, PONKE increased 70% and Pudgy increased 8% in a single day.
The Shiba Inu boom is a product of an increasing trend in the popularity of meme assets as capital flows into riskier tokens.
Shiba Inu Price Rally Mirrors Wider Market Recovery
The crypto market has been up by 0.62% in the past 24 hours to its weekly addition of 5.43%. Bitcoin price soared to over $92,000, as Ethereum recaptured $3,000 as the bull markets recovered.
Other leading currencies such as Solana, XRP, and BNB also recorded gains even with geopolitical fears.
The president of Venezuela, Maduro was detained due to a U.S.military assault, which was confirmed by President Trump.
The volatile market conditions in the world do not stop the crypto prices, bringing optimism that investors have increased risk-taking, at least in the first half of 2026.
Top Wallets Dominate SHIB Supply
SHIB price jumped over 8% in 24 hours, riding the ongoing meme coin rally into 2026. According to on-chain data, over 62% of the total supply of SHIB is now held by the top ten largest wallets.
A single address has approximately 41% of the value of approximately $3.3 billion. This merger is accompanied by the fact that the market capital of SHIB has increased by 12.47% to $5.34 billion.
Meme coin industry rose 20% in the past week, and its market cap is over $45.3 billion.PEPE, USLESS, MOG, DOG, and BONK and FLOKI all recorded returns of between 33% and 54%.
This revival started as fear among retailers reached its peak after Christmas, indicating a change of heart among traders. Over 194 million of SHIB tokens were burned within 7 days. This presents a 414 % up, which drove the bullish spirit
SHIB Price Eyes $0.00001 After a Bullish Rally: Will Bulls Break Resistance?
The latest SHIB price traded at $0.00000874, holding above the $0.00000850 support zone after a bullish breakout.
The MACD has a bullish crossover that continues to exist. The histogram is becoming less strong, indicating a slowing momentum. The RSI has dropped to 69.14, leaving the overbought region but remained under bullish conditions.
Shiba Inu long-term prediction must hold the $0.00000850 support to avoid deeper retracement. If bulls regain momentum, resistance at $0.000009 may break.
Any further push beyond this point may potentially pave the way to $0.00001 and even $0.000011.
With a persisting selling pressure the price of the Shiba Inu may drop to $0.00000820.