Shiba Inu Surges 22 Percent but Can It Keep Climbing?
Shiba Inu is enjoying a rare double digit weekly gain, but skeptics wonder if the momentum can hold long enough to reach higher price targets.

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SHIB/USD live chart
LIVEShiba Inu has surprised many traders this week with a 22 percent price increase. This jump marks a significant shift for the token, which has struggled to sustain double digit gains for over a year. The recent activity suggests some buying pressure has returned, with analysts watching to see if the price has finally found a solid bottom near $0.0000055.
Despite this fresh excitement, the token faces a steep path ahead. Shiba Inu has struggled to remove a zero from its price tag since 2025 as interest has shifted toward the AI sector and other emerging assets. Many investors now view SHIB purely as a meme coin, criticizing its lack of practical use cases within the wider financial system.
Looking forward, a return to the $0.00001 level remains a difficult task. Trading volume recently dipped by 18 percent, which points to a potential lack of sustained support for the current rally. With major assets like Bitcoin and Ethereum also facing market pressure, SHIB would need a 100 percent gain to hit its goal, a challenge that looks unlikely in the current environment.
Prices update live from CoinMarketCap. Market data, not financial advice.
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