 
 
Shiba Inu (SHIB) is firmly defending the key $0.000012 support level, with bulls showing strong resilience.
According to market analyst Lingrid, SHIB has entered a key demand zone around $0.000012, where buyers previously defended strongly with early stabilization signaling a potential rebound.
She added, “A break above short-term resistance could open the way toward the $0.00001380–$0.00001400 target zone. Holding the current base is key for momentum to shift back upward.”
Therefore, holding the $0.000012 base is critical, as this consolidation could lay the groundwork for a bullish momentum shift because this will catapult Shiba Inu to the $0.000014 zone.
At the time of this writing, SHIB was trading at $0.00001245, representing a 1.3% increase in the past 24 hours, according to CoinGecko.
 
Meanwhile, the Shiba Inu burn rate recently exploded by 48,247% after 85.8 million coins were burned.
Valour Launches Regulated SHIB ETP on Sweden’s Spotlight Exchange
Valour Inc. has launched the first fully regulated Shiba Inu ETP on Sweden’s Spotlight Exchange, giving European investors simple, direct exposure to SHIB without the hassle of wallets, private keys, or token purchases.
This move will let investors access Shiba Inu through traditional brokerage accounts, eliminating crypto’s technical hurdles and positioning SHIB as a seamless bridge between mainstream finance and the digital asset market.
Therefore, Valour’s SHIB listing underscores rising demand for crypto-backed products in Europe, giving investors across the European Economic Area secure, regulated access to Shiba Inu without the complexities of exchanges, worrying about custodial risks, or safeguarding private keys.