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Time to check in with BitDegree and see what crypto is trending today! 📈 1. Bitcoin $BTC 2. Ethereum $ETH 3. BNB $BNB 4. Ripple $XRP 5. Solana $SOL 6. Baby Swap $BABY 7. Polygon $MATIC 8. Tether $USDT 9. Worldcoin $WLD 10. Shiba Inu $SHIB

Here are the trending #Cryptos of the day!✨ ✅Bonk ( $BONK ) - @bonk_inu ✅XDC Network ( $XDC ) - @XDC_Network_ ✅Wayfinder ( $PROMPT ) - @AIWayfinder ✅Alchemy Pay ( $ACH ) - @AlchemyPay ✅Loom Network ( $LOOM ) - @loomnetwork ✅Snow Leopard ( $SNL ) - @SLeopard262 ✅Taiko ( $TAIKO ) - @taikoxyz ✅AB ( $AB ) - @ABDAO_Global ✅RSS3 ( $RSS3 ) - @rss3_ ✅Linear Finance ( $LINA ) - @LinearFinance Do you hold any?🧐

TL;DR The stablecoin SHI is one of the tokens within the Shiba Inu ecosystem that remains under development, with no official release date announced yet. It will aim to provide price stability within the Shibarium network and is intended to maintain a peg of $0.01, differing from the typical $1 target of many well-known stablecoins. Earlier this week, one of the popular Shiba Inu developers, Kaal Dhairya, said the team is waiting on “clear stablecoin regulations” before moving forward with SHI. Recall that the US House Financial Services Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on April 23. The next stages of approval include passing a full House vote and a Senate vote. The bill seeks to create a regulatory framework for payment stablecoins, requiring issuers to disclose information about their reserves and operational practices. According to Bryan Steil (Chairman of the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence), it also gives the Office of the Comptroller of the Currency (OCC) “the authority to approve and supervise federally qualified nonbank payment stablecoin issuers.” “The STABLE Act protects consumers while cementing the US dollar as the world’s reserve currency and promoting the next generation of Web3 businesses here in the United States,” he added. For his part, Congressman Dan Meuser claimed the legislation will “make payments faster, cheaper, and more accessible, reducing costs to the benefit of businesses and consumers alike.” Contrary to SHI, additional assets within the Shiba Inu ecosystem are active and tradable on various cryptocurrency exchanges. Doge Killer (LEASH) is one example. It is designed to complement the primary SHIB token and allows users to participate in staking rewards, metaverse developments, and exclusive NFT offerings. Some of the trading venues supporting LEASH include Crypto.com , Gate.io, and others. BONE ShibaSwap (BONE) is next in line. It plays a role in Shiba Inu’s layer-2 scaling solution, Shibarium, by facilitating transactions and contributing to its efficiency. Lastly, we will touch upon Shiba Inu Treat (TREAT), which went live in January this year. The token is designed to enhance utility and engagement across the network’s projects and provide liquidity for the upcoming stablecoin SHI.

The crypto market is swaying, the nerves are frayed, and tokens are raining down like dead leaves in a macroeconomic autumn. Yet, in this grim setting, Shiba Inu (SHIB) holds on, refusing the addition of a fatal zero, and resists where others have already collapsed. No lyrical flight for now, but there is tension in the air: what if the calm heralds a spectacular comeback? As Bitcoin wavers between hiccup and paralysis, even for the coming months , SHIB stands firm. Despite a 3.08% drop in 24h, the token proudly maintains its position above $0.00001, narrowly avoiding the humiliation of an additional zero. The support at $0.00001028 has, once again, served as a floor against the downpour. Short-term indicators give fodder to optimists. If the crypto SHIB breaks the resistance at $0.00001109 and the candle closes at a peak, the movement could take it toward $0.00001150. However, the bulls, after several timid charges, seem short on fuel. The most likely scenario? A consolidation in the $0.00001050 – $0.00001150 zone. In the medium term, the issue lies elsewhere: the weekly close must move significantly away from the pivot level of $0.00001078. Only under this condition will analysts dare to speak of a rebound toward $0.000012. In the midst of the malaise, the SHIB community does not give up. Lucie, an engaged member of the team, blows on the embers with confidence: SHIB holds firm. When the turnaround comes, it can happen very quickly. Look at its current valuation. Some are sleeping on it, but those who pay attention know what’s coming. In other words: the ambient torpor is nothing but a temporary sleep. The informed, however, are ready. In a second breath, she readjusts the skeptics in her way: The echo chambers full of FUD about SHIB are trying to sell you their other crap — meh! SHIB simply follows the market. But let’s be honest — no one really doubts its real value. A clear message addressed to fear sellers: the fundamentals are there, even if the price is not following yet. The fate of SHIB, as often, does not depend solely on its community or its technical levels. It relies on a broader mechanism: the awakening of the crypto market as a whole. Recent massive liquidations — $445 million in 24h — show that investors are sailing blind, caught in a sea of macroeconomic uncertainties. No sustainable recovery for SHIB will materialize without a positive signal from bitcoin. In the meantime, SHIB remains suspended at its support, ready to jump if the planets align… or to bend if the market plunges further. The memecoin Shiba Inu takes hits, steps back, but does not capitulate and promises a spectacular comeback . Its line at $0.00001 is more than just a number: it is a declaration of resistance. While bearish echoes rattle on the networks, the community holds its ground. The turnaround? It might come… but not without bitcoin showing the way.

Shiba Inu (SHIB) , the meme-inspired token turned DeFi and metaverse contender, continues to attract speculative eyes despite its recent decline. After an explosive run in 2021, SHIB's price action has since cooled , hovering near support zones as investors await a catalyst. The latest daily and hourly charts reveal a tight tug-of-war between bears and bulls — but could a breakout be closer than it appears? Let’s dive deep into the current technical structure and what it could mean for SHIB holders in the days ahead. The daily chart paints a picture of prolonged bearish pressure. SHIB price is currently trading at $0.00001212 , marking a 2.36% decline for the day. More importantly, the price has continued to reject the 50-day Simple Moving Average (SMA) and remains under all key SMAs — the 20, 50, 100, and 200-day — a clear sign of bearish dominance. The Moving Average Ribbon (SMA Ribbon) reveals a descending alignment, with no sign of crossover, which generally indicates a sustained downtrend. The 200-day SMA at $0.00001912 is especially significant; reclaiming it would mark a major trend reversal. Until then, SHIB remains in a long-term downtrend . Volume indicators, while not explicitly shown here, correlate with the Accumulation/Distribution Line (ADL), which is flattening and showing a slight decline — implying that whales and smart money are not actively accumulating at current levels. This weak accumulation could mean investors are waiting for a stronger dip or a news-driven catalyst. --> Click here to Buy SHIB on Bitget <-- Switching to the hourly chart, the picture becomes a bit more nuanced. Shiba Inu Price showed a slight intraday rebound , gaining 0.96% from its previous hourly close. However, this bounce ran into immediate resistance at the 50-hour SMA, currently around $0.00001247, and got rejected. This intraday weakness indicates that short-term bulls lack conviction. Interestingly, the ADL on the hourly chart is attempting to curl upward after forming a base, suggesting small pockets of accumulation during dips. However, this remains weak and inconsistent. The 200-hour SMA looms above at $0.00001309, which now acts as the critical resistance barrier for any short-term recovery. Despite the minor price uptick, the SMA Ribbon continues to slope downward — reinforcing the idea that any rallies may be short-lived unless a breakout over the 100-hour and 200-hour SMAs occurs with strong volume. --> Click here to Buy SHIB on Bitget <-- On the daily timeframe, the Heikin Ashi candles are red and flat-bottomed, confirming a strong bearish trend with no significant wicks to the downside — this implies clean selling pressure without much buying support. Unless SHIB price prints a green Heikin Ashi candle with a higher high and longer upper wick, the trend remains unchanged. The SMA indicators are stacked bearishly (20 < 50 < 100 < 200), forming a classic downward ribbon. This is a textbook sign of a persistent downtrend with little chance of reversal unless a bullish crossover emerges — particularly the 20-day SMA flipping above the 50-day. The ADL also reflects more distribution than accumulation, weakening the case for a near-term breakout. On the hourly chart, while a small bounce occurred, the resistance at the 100-hour and 200-hour SMAs proved too strong. The ADL uptick may indicate a short squeeze or opportunistic buys, but it doesn't suggest a trend reversal just yet. --> Click here to Buy SHIB on Bitget <-- In the near term, if Shiba Inu price fails to hold support at $0.00001200, it could revisit recent lows near $0.00001150. On the flip side, a clean breakout above $0.00001250 with a strong green Heikin Ashi candle and bullish ADL divergence might push SHIB toward the psychological resistance at $0.00001300. However, a sustainable uptrend would require SHIB price to break above $0.00001370 (the 100-day SMA) and reclaim $0.00001690 to invalidate the bearish structure and regain bullish momentum. Right now, Shiba Inu is in no man's land — caught between weak support and strong resistance. The daily trend is decisively bearish, while the hourly chart hints at speculative bounces rather than solid accumulation. Unless a news catalyst, such as a SHIB ecosystem update or broader crypto rally, injects new volume, it’s likely that Shiba Inu price will continue to drift or drop further. For traders, this is a wait-and-watch zone. For long-term holders, any deeper dip may provide a better accumulation opportunity — but only with risk management in place. Shiba Inu (SHIB) , the meme-inspired token turned DeFi and metaverse contender, continues to attract speculative eyes despite its recent decline. After an explosive run in 2021, SHIB's price action has since cooled , hovering near support zones as investors await a catalyst. The latest daily and hourly charts reveal a tight tug-of-war between bears and bulls — but could a breakout be closer than it appears? Let’s dive deep into the current technical structure and what it could mean for SHIB holders in the days ahead. The daily chart paints a picture of prolonged bearish pressure. SHIB price is currently trading at $0.00001212 , marking a 2.36% decline for the day. More importantly, the price has continued to reject the 50-day Simple Moving Average (SMA) and remains under all key SMAs — the 20, 50, 100, and 200-day — a clear sign of bearish dominance. The Moving Average Ribbon (SMA Ribbon) reveals a descending alignment, with no sign of crossover, which generally indicates a sustained downtrend. The 200-day SMA at $0.00001912 is especially significant; reclaiming it would mark a major trend reversal. Until then, SHIB remains in a long-term downtrend . Volume indicators, while not explicitly shown here, correlate with the Accumulation/Distribution Line (ADL), which is flattening and showing a slight decline — implying that whales and smart money are not actively accumulating at current levels. This weak accumulation could mean investors are waiting for a stronger dip or a news-driven catalyst. --> Click here to Buy SHIB on Bitget <-- Switching to the hourly chart, the picture becomes a bit more nuanced. Shiba Inu Price showed a slight intraday rebound , gaining 0.96% from its previous hourly close. However, this bounce ran into immediate resistance at the 50-hour SMA, currently around $0.00001247, and got rejected. This intraday weakness indicates that short-term bulls lack conviction. Interestingly, the ADL on the hourly chart is attempting to curl upward after forming a base, suggesting small pockets of accumulation during dips. However, this remains weak and inconsistent. The 200-hour SMA looms above at $0.00001309, which now acts as the critical resistance barrier for any short-term recovery. Despite the minor price uptick, the SMA Ribbon continues to slope downward — reinforcing the idea that any rallies may be short-lived unless a breakout over the 100-hour and 200-hour SMAs occurs with strong volume. --> Click here to Buy SHIB on Bitget <-- On the daily timeframe, the Heikin Ashi candles are red and flat-bottomed, confirming a strong bearish trend with no significant wicks to the downside — this implies clean selling pressure without much buying support. Unless SHIB price prints a green Heikin Ashi candle with a higher high and longer upper wick, the trend remains unchanged. The SMA indicators are stacked bearishly (20 < 50 < 100 < 200), forming a classic downward ribbon. This is a textbook sign of a persistent downtrend with little chance of reversal unless a bullish crossover emerges — particularly the 20-day SMA flipping above the 50-day. The ADL also reflects more distribution than accumulation, weakening the case for a near-term breakout. On the hourly chart, while a small bounce occurred, the resistance at the 100-hour and 200-hour SMAs proved too strong. The ADL uptick may indicate a short squeeze or opportunistic buys, but it doesn't suggest a trend reversal just yet. --> Click here to Buy SHIB on Bitget <-- In the near term, if Shiba Inu price fails to hold support at $0.00001200, it could revisit recent lows near $0.00001150. On the flip side, a clean breakout above $0.00001250 with a strong green Heikin Ashi candle and bullish ADL divergence might push SHIB toward the psychological resistance at $0.00001300. However, a sustainable uptrend would require SHIB price to break above $0.00001370 (the 100-day SMA) and reclaim $0.00001690 to invalidate the bearish structure and regain bullish momentum. Right now, Shiba Inu is in no man's land — caught between weak support and strong resistance. The daily trend is decisively bearish, while the hourly chart hints at speculative bounces rather than solid accumulation. Unless a news catalyst, such as a SHIB ecosystem update or broader crypto rally, injects new volume, it’s likely that Shiba Inu price will continue to drift or drop further. For traders, this is a wait-and-watch zone. For long-term holders, any deeper dip may provide a better accumulation opportunity — but only with risk management in place.