Shiba Inu (SHIB)’s 200 Trillion Tokens Future: Breakout or Big Fall?
The movement in the crypto market has once again intensified, and meme coins like Shiba Inu (SHIB) have shown their strength in recent weeks. SHIB has tried to win the trust of investors by crossing the resistance level of $0.000015. But the on-chain data behind this price movement is telling a different story. Now the question is what will happen to SHIB’s 200 trillion tokens – will this coin breakout or move towards a decline?
📈 SHIB showed strength, but the story is incomplete
In the last few weeks, SHIB moved quite sharply upwards, crossed the resistance level of $0.000015, and stayed above it for a while. But the price has fallen down again, and now SHIB is trading near the level of $0.00001450 – which has now become a crucial pivot point.
Apart from this, there is another important indicator – 200 EMA (Exponential Moving Average). SHIB had crossed this level a few days ago, which is normally considered the beginning of a bullish trend. But the price has again retraced below this EMA, which is a sign of weakening of momentum.
💰 200 Trillion Tokens — In Profit or Under Pressure?
According to on-chain data, approximately 200 trillion SHIB tokens, valued at approximately $3.09 billion, are currently in profit. This is 20.78% of the total supply of SHIB. This shows that long-term holders, who were previously in loss, are now finally in profit.
But there is a twist here — when holders are in profit, many of them start booking their gains, which can create selling pressure on the price in the short-term.
Apart from this, the data also shows that 75% of SHIB’s supply (almost 2 quadrillion tokens) is still “out of the money” — that is, these tokens have not yet made a profit. This means that a large investor base is still waiting for a better exit point.
🧠 Psychological Resistance and Whale Activity
A psychological ceiling has been formed between $0.000015 and $0.000016. Sellers become active here – to book profits. Selling pressure is reduced as soon as one enters this zone. Unless there is a dramatic jump in trading volume, SHIB will not be able to cross this resistance.
If whales – i.e. big investors – try to take SHIB above this resistance zone, a breakout can occur. But if their interest wanes, the price can come down again.
🔍 Technical Support Zones and Future Outlook
If SHIB holds the support zone of $0.00001360, and then closes above the 200 EMA, then a new bullish wave can start. But if the price falls below $0.00001450, then another big correction can be seen.
This moment has become a make-or-break situation for SHIB. On one hand, holders are in profit and in the mood to exit, while on the other hand new investors are hopeful of the coin’s strength.
🔮 What will happen next?
The future of Shiba Inu is still uncertain. Having 200 trillion tokens in profit has become a double-edged sword. On one hand, it is a sign of investor confidence, but on the other hand, it can also become a reason for short-term selling pressure.
If SHIB holds its crucial support levels and volume increases, then a breakout is possible. But if the selling pressure becomes excessive, then a big fall is also going to come.
So friends, if you are a SHIB investor or are thinking of investing, then it is important to watch the market closely in the next few days. Because this is the time either of rally – or distribution phase.
Note: There is always risk in crypto investments. Do your research and invest only in those investments in which you are ready to incur loss.